As we move closer to the start of Q3, this week’s choices are set to benefit from launches, and significant developments and announcements that should strengthen their market positions and benefit their communities. The news should also result in increased amounts of attention to each respective currency over the coming weeks.

Nash (NEX)

Formerly known as NEX, the Nash platform was built using a new protocol developed within the NEO ecosystem. The platform will be used for decentralized cryptographic trades and creation of payment services. Nash leverages an off-chain matching engine to enable faster and more complex trades across multiple blockchains such as NEO and Ethereum.

Why Nash?

The project remains one of the most anticipated in the space and the team have tweeted that their exchange remains on track to launch this week on Friday, August 23. Once trading goes live, users will have access to fiat deposits and withdrawals, as well as fund management tools, and ETH/NEO cross-chain trading. The project also allows NEX holders to stake their tokens and the launch will enable stakers to earn rewards for locking up their tokens.

Lisk (LSK)

Lisk is a blockchain platform and supporting cryptocurrency that was created as a fork of Crypti in 2016. Lisk uses blockchain apps with their own sidechains which are intended to make the platform scalable, and blocks are created every 10 seconds, making transactions extremely fast. The project also makes use of Distributed Proof of Stake (DPoS) consensus mechanism and has a partnership with Microsoft, whose Azure Blockchain uses Lisk for its cloud computing infrastructure.

Why Lisk?

The team have scheduled a soft fork which is set to take place on August 23. The launch of Lisk Core 2.0.0 will result in a soft fork on the network, which will be triggered automatically at block height 10,000,000. Certain third parties will be required to adjust their tools, and node operators will also need to upgrade their nodes. The team state that it’s still safe to run the previous version of Lisk Core (1.6.0), but it’s mandatory to upgrade before August 23, 2019, when the network is expected to reach the soft fork’s height. The team outline the Lisk Core 2.0.0 launch and full details of the fork here.

Buy/Sell Lisk (LSK)

How to buy Lisk (LSK) on Binance?

Enigma (ENG)

Enigma is a smart contracts platform focused on providing both privacy and scalability. With Enigma's "secret contracts", nodes in the Enigma network cannot see the input data, making Enigma suitable for computing sensitive data.

Why Enigma?

The team are conducting their ENG snapshot relating to their Genesis Game and secret nodes promotion that will result in the distribution of testENG (testnet ENG tokens). The snapshot begins on August 26, and ends on September 24 with daily snapshots being taken across the 30 day period. In order to receive testENG that can be used to stake testnet nodes, users must hold ENG tokens. The team outline the full process here in their official blog post.

Buy/Sell Enigma (ENG)

How did the coins perform last week?

The seven-day period led to poor results across the market and WTC fell by 14% in value and is currently trading at around $1.50. WAN fell by around 9% in value, and is currently trading at $0.21 while NEXO proved to be the most resilient and dropped by around 2% and is currently trading at $0.07. Over the course of the week, the market moved from $299B to $265B.