As we enter February, this week’s choices are set to benefit from ongoing adoption and significant developments that continue to push each project forward. As the market stabilizes, these developments should help the projects to strengthen their market positions, in addition to stimulating increased user adoption.

Tron (TRX)

TRON is a blockchain based decentralized protocol that aims to construct a worldwide free content entertainment system while utilizing blockchain and distributed storage technology. The protocol allows users to publish, store, and own data, while the decentralized system manages subscriptions, distribution and the push of content.

Why Tron?

After the BitTorrent ICO launched on Binance, the exchange allowed participants to contribute in BNB or TRX tokens and on February 11, the BitTorrent Foundation will conduct its first airdrop of 10,890,000,000 BTT tokens to TRX holders. Over the next 12 months following the initial airdrop, 11,880,000,000 BTT will be offered to TRX holders, which is around 1.2% of the total supply. The BTT team aim to reward TRX holders with BTT tokens over the coming years and outline their long-term plans here.

Ethereum (ETH)

Ethereum is an open-source distributed blockchain that operates as a decentralized virtual machine and has smart contract functionality. It operates as a decentralized virtual machine which can execute scripts and be used to transfer ether between different nodes. The brain child of blockchain pioneer Vitalik Buterin, Ethereum is currently the sector’s leading smart contract platform.

Why Ethereum?

Ethereum has launched its first pre-release for phase zero of the network’s evolving transition to Ethereum 2.0. Also known as Serenity, this represents the final part in a series of four stages outlined in the platform’s roadmap. Ethereum is currently in its third stage (Metropolis) that involves two hard forks, named Byzantium and Constantinople.

Serenity will also see the network transition from a proof-of-work (PoW) to a proof-of-stake (PoS) consensus mechanism. The platform is also set to benefit from the ETH Denver conference running from Feb 15 to 17, 2019. With around 170 projects involved, ETH Denver should provide the perfect chance for developers and team members from projects linked to the Ethereum network to make significant announcements.

Augur (REP)

Augur is a decentralized prediction market that awards users for correctly forecasting events. It can be used to predict the results of financial markets, crypto asset prices, sporting events, and political elections with users staking ETH to effectively bet on the results. Users can also trade and win the native REP token as well as earn REP for resolving bets on the platform.

Why Augur?

The platform has been boosted by the launch of Veil, and the simplified UI makes it easier to make price predictions or bet on a number of events as well as buy leveraged long or short positions in BTC/USD, REP/USD, and ZRX/USD. Augur’s REP token has been a strong performer recently as the platform aims to establish itself as one of the leading dApps on Ethereum. Leading up to ETH Denver, there should be increased usage of the REP token.

How did the coins perform last week?

ZIL struggled to maintain any momentum following its mainnet launch and fell by 20%, and is currently trading at around $0.017. HT was also unable to resist the downturn and fell by 9%, and is currently trading at 0.93. NOS proved to be more resilient and fell by 2%, and is currently trading at $0.037. Over the course of the week, the market moved from a total cap of around $118B on Monday to close to $114B on Sunday.