Tron (TRX)

Tron is a blockchain platform designed for the deployment of smart contracts and decentralized applications. It uses a delegated proof-of-stake (DPoS) consensus mechanism to gain a performance boost over proof-of-work based platforms. After BitTorrent was acquired by Tron founder Justin Sun, the two teams are working on incorporating the Tron blockchain platform into BitTorrent's services.

Why Tron?

After delivering both their platform and virtual machine mainnets earlier this year, the team are now ready to make their platform open source. This is set to take place on December 29 with CEO Justin Sun tweeting “We will have a revolutionary smart contract and Dapps platform open source at Dec. 29”. TRX is one of the more responsive coins on the market and could experience a positive trend around the time of the announcement.

Matrix AI Network (MAN)

MATRIX combines the latest artificial intelligence (AI) technology with that of DLT to produce a futuristic blockchain project. The project includes intelligent contracts that use adaptive deep learning-based templates to auto-code, an innovative Bayesian mining mechanism, and an AI-powered Secure Virtual Machine.

Why Matrix AI?

Matrix community members have recently completed an extended testing period and as a result, the MATRIX Main Network is scheduled to go live on December 30, 2018.

MATRIX AI remains one of the most highly anticipated blockchain AI projects and the team have outlined the launch plans on their Github page. The mainnet launch should result in increased attention over the holidays and help to strengthen the both the project and the value of the MAN token.

Genaro Network (GNX)

The Genaro Network is a smart data ecosystem that utilizes a Dual-Strata Architecture which integrates a public blockchain with decentralized storage. Genaro also uses a hybrid consensus mechanism that combines Sentinel Proof of Retrievability (SPoR) with Proof of Stake (PoS) thus allowing stronger performance, and greater security. Genaro aims to facilitate the secure migration of the core internet structures to the blockchain and provide developers with a one-stop platform to deploy smart contracts and easily store all the data required by Dapps.

Why Genaro Network?

While the week leading up to Christmas is a quiet time for the vast majority of both blockchain and non blockchain projects, the team at Genaro are moving ahead and have scheduled their mainnet launch for December 25. They have confirmed the launch via Twitter, highlighting the continual development of the platform. The launch should have a positive effect on Genaro’s native GNX token.

How did last week's coins perform?

Last week’s coins experienced positive results, as BTC grew by 22% and is currently trading at around $4,010. IOST experienced an even more positive growth and jumped by 45% and is currently trading at $0.005. NULS experienced the most modest growth and gained 18% in value, and is currently trading at $0.47. Over the course of the week, the total cap jumped by 31% and moved from around $103B on Monday to $135B on Sunday.