This is fifth installment of our Most Promising Altcoins of 2018 series. We will introduce 5 valuable and promising cryptocurrency projects in every issue and talk about features, market caps and future outlooks. Note here that we didn’t set up a ranking for these projects, they will be ordered according to market cap and are chosen simply by fundamentals and features. We will try to pick from under the top 20 by market cap, some will be more known than the others.

Check out the first, second, third and fourth part of the series as well.

Wanchain (WAN)

Current Market Cap: 793M USD

Circulating Supply: 106,152,493 WAN

Max Supply: 210,000,000 WAN

Website: https://wanchain.org/

Main exchange: https://www.binance.com/trade.html?symbol=WAN_BTC

Roadmap: https://wanchain.org/

Reasoning:

Wanchain has been gaining a lot of attention recently as it successfully launched on Binance after the ICO, giving the early investors a pretty hefty profit. To sum up the project, they are offering to create a distributed financial infrastructure with private cross-chain smart contracts. Features will include a decentralized exchange (DEX), asset management tools, an ICO platform, cross-chain trading protocol and a multi-currency wallet. Another selling point of the project in case offering ICOs isn’t enough, is their privacy focus. Ring signatures and One Time Addresses (OTA) will help users keep their privacy from the looking eyes. Their Mainnet has launched already back in January meaning that this isn’t just another ERC20 token. Regarding their team, they feature a very competent lineup with years of relevant industry experience. Wanchain just recently has announced the first 6 projects that will launch through its WANLab startup incubator.

RChain (RHOC)

Current Market Cap: 525M USD

Circulating Supply: 359,777,456 RHOC

Max Supply: 870,663,574 RHOC

Website: https://www.rchain.coop/

Main exchange: https://www.kucoin.com/#/trade/RHOC-BTC

Reasoning:

Rchain offers a decentralized application platform powered by the Rho Virtual Machine. The Ethereum like platform has a few good set of features, such as sharding by default to increase scalability an automatic formal verification for every line of code to result in highly scalable contracts. Use cases involve DAOs, Custom protocols, Social networks, marketplaces and lots more. Rchain is the brainchild of a former Microsoft employee who is a mathematician and a software engineer and board members include Vlad Zamfir as well who is the lead researcher for the Ethereum Foundation’s Casper Proof of Stake protocol.

Byteball Bytes (GBYTE)

Current Market Cap: 183M USD

Circulating Supply: 645,946 GBYTE

Max Supply: 1,000,000 GBYTE

Website: https://byteball.org/

Main exchange: https://bittrex.com/Market/Index?MarketName=BTC-GBYTE

Roadmap: https://medium.com/@Suirelav/byteball-whats-happening-april-2018-ddf5018bac23 (unofficial)

Reasoning:

There has been a new kind of blockchain or rather distributed asset technology surfacing recently: Directed Acyclic Graph (DAG) based chains. The distributed networks building on this new tech have been drawing in a lot of attention. The project Nano has already surfaced on a previous part of our series and now we would like to recommend Byteball, which is one of its competitors in the field. Byteball uses a DAG based chain. In comparison to Nano or IOTA it still has some minimal fees on transactions, but it has a lot of interesting features that allows it to stay relevant: risk-free conditional smart payments, P2P insurance, prediction markets, p2p betting, payments via email or chat, privacy focused transactions and lots more. The distribution was made via a non ICO process where holders of Bitcoin or GBYTE recieved additional coins during airdrops. The project offers great scalability, fast transactions coupled with no inflations to offer a great and usable currency experience.

Neblio (NEBL)

Current Market Cap: 178M USD

Circulating Supply: 13,031,321 NEBL

Max Supply: 13,791,104 NEBL

Website: https://nebl.io/

Main exchange: https://www.binance.com/trade.html?symbol=NEBL_BTC

Roadmap: https://nebl.io/roadmap/

Reasoning:

Neblio is a decentralized blockchain development platform built to accelerate the development and deployment of distributed applications. A suite of APIs aim to help the development of these applications and it supports almost all of today’s popular programming languages (Python, Go, JS, Ruby, .NET, Java, Node.js). This targets both large and small scale businesses and allows them to easily run a node and develop their own DApps. Security and immutability will be the main focus of the project and they advocate such use cases as secure records management, regulatory compliance & audit trails and IoT & Big Data.

SophiaTX (SPHTX)

Current Market Cap: 102M USD

Circulating Supply: 191,924,168 SPHTX

Max Supply: 350,000,000 SPHTX

Website: https://www.sophiatx.com/

Main exchange: https://www.bit-z.com/trade/sphtx_btc

Roadmap: https://www.sophiatx.com/en/blog/58/we-are-ahead-of-schedule.html

Reasoning:

SophiaTX wants to offer and robust and secure blockchain based complementary system to the currently used enterprise resource plannings (ERP) and customer relationship management (CRM) software . These often include various modules such as accounting, controlling, logistics, manufacturing, project managements, etc. To be able to do this, the blockchain based system needs to be integrated with existing systems such as SAP. The SPHTX chain will consist of 3 parts, a blockchain built for businesses, a development platform that integrates with these existing software and a marketplace to buy and sell apps. There are various use cases for such a system, but the project specifically highlighted a few: One-to-one document exchange, where both parties acknowledge the transaction and proof if accountable; Multi-Party information exchange, where multiple parties aim to solve a project in a transparent manner (scheduling of delivery, etc.); Multi-Party collaboration across Value Chain, like track and trace for various goods.

We hope you enjoyed our fifth part of our Most Promising Altcoins of 2018 series. We tried to recommend projects that are somehow unique in their own field. They are either first movers or simply promise (or already own) features that are above the competition.