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OK Blockchain Capital Written by: Xuchu Zhao Translated by Billy Lau
Market Overview
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Disclosure: This is a Sponsored Article
The past week’s daily average global market capitalization of cryptocurrency was $263.67 billion and the daily average transaction volume was $12.82 billion, indicating a incline of 0.5% an decline of 11.4% respectively. The daily average market capitalization of the top five cryptocurrencies increased by 0.46% from the previous week. Among the top five – all of which decreased in price – EOS has experienced the greatest price decrease by 37.44% in the past week.
Data source:coinmarketcap
Of the top 10 cryptocurrencies that increased this week, 70% of the projects were of the vertical industrial application sector. Also, STX of gambling sector experienced the greatest increase in price by 105.69%.
Ranking
Project
Token
Field
Brief description
Trading amount(24h)
Token price
Increase/7d
1
Stox
STX
Gambling
STX is a token used in its gambling ecosystem.
$4.62M
$0.4158
105.69%
2
Sumokoin
SUMO
Cryptocurrency and payment
SUMO is a digital currency used for confidential transactions.
$484K
$1.05
93.4%
3
LOClcoin
LOCI
Autonomous Organization
LOCI hopes to become a platform that is free and efficient for joint ventures, creativity, and talent.
$107K
$0.0691
88.78%
4
Metaverse
ETP
Basic chain and protocol
ETP is a decentralized public chain project.
$7.89M
$1.37
77.36%
5
Aurora
AOA
Basic chain and protocol
AOA is committed to becoming a blockchain project that links industries and promotes application.
$363K
$0.05
60.34%
6
Coversting
COV
Asset management
The COV platform allows users to access the portfolio of other cryptocurrency traders.
$143K
$1.1
58.29%
7
KickCoin
KICK
Asset management
KICK is the ecological token on the crowdfunding platform KIKICO.
$2.73M
$0.056
49.31%
8
Hydro
HYDRO
Corporate services
HYDRO is committed to combining an efficient decentralized exchange alliance.
$1.49M
$0.009
45.94%
9
Bittwatt
BWT
IoT
BWT is a distributed energy trading market.
$50.6K
$0.038
42.14%
10
Jiyo
JIYO
Payment
JIYO is committed to providing a more convenient payment channel.
$77.7K
$0.032
42.14%
Data source:coinmarketcap;retrieved at 12:00 on July 13th, 2018
Analysis of Top 200 Market Cap Projects
The market capitalization of top 200 projects decreased by 6.83% compared with that of last week. Based on the main categories of cryptocurrency and payment, public chain and protocol, vertical chain and protocol, and vertical industrial application, the vertical industrial application sector decreased the most.
Data source: OK Blockchain Capital
Through further classification of the vertical chain and protocol and vertical industrial application verticals, it was found that this week’s corporate services vertical was on an obvious increase at a rate of 40.31%. Medical Insurance and AI verticals experienced the greatest decreases with a rate of 28.93% and 27.78% respectively.
Data source: OK Blockchain Capital
Analysis of Newly Listed Projects
There were 13 new projects in the market last week (mainly of the asset management vertical), 76.92% of which dropped in price within 24 hours of listing. Most of the newly issued tokens were listed on CoinBene and EthFinex.
New Projects Categories Ratio
New Projects Listed Exchanges Ratio
Data source:Coinmarketcap、feixiaohao、OK Blockchain Capital analysis
Table of newly listed projects
Project
Token
Field
Exchange Platform
Initial Listed Price($)
Current Price($)
24h Trading Volume($)
Launch Date
Coni
CONI
Exchange platform token
CoinBene
0.0947
0.1028
1.55M
7/7
Fanstime
FTI
Entertainment
HADAX
0.01
0.0068
544K
7/7
Popchain cash
PCH
Content copyright
Bit-Z、LBank、CoinBene
0.0358
0.0318
739K
7/7
Seer
SEER
Gambling
OTCBTC、QBTC、
Ethfinex、Lbank
0.0089
0.0060
664K
7/7
Essentia
ESS
Basic chain and protocol
Ethfinex、IDEX、CoinBene
0.0555
0.0224
132K
7/7
Karatgold Coin
KBC
Stable coin
CoinBene、HitBTC、YoBit
0.0084
0.0091
285K
7/7
HashCoin
HSC
Asset management
Gate.io、BCEX
0.0025
0.0023
908K
7/10
LikeCoin
LIKE
Content copyright
Qryptos、IDEX
0.0089
0.0077
68K
7/11
Ors Group
ORS
Payment
Ethfinex
0.0479
0.0456
48K
7/11
SnowGem
XSG
Asset management
Mercatox
0.1257
0.1902
21K
7/11
DaTa eXchange
DTX
Data services
BitForex、CoinFalcon
0.0283
0.0278
22.5M
7/12
BeeKan
BKBT
Asset management
HADAX、CoinTiger
0.007
0.0075
275K
7/12
Mossland
MOC
Payment
BCEX、GOPAX
0.0688
0.061
209K
7/12
Data source:Coinmarketcap, Feixiaohao
Analysis of Closed Public Sales Projects
There have been 25 closed public sales projects this week, totaling nearly 143 million USD. Among these projects, projects of the payment field received most funding. This was closely followed by projects of the cryptocurrency and payment field.
Main categories of public sales project this week
Table of closed public sales projects (7.7-7.13)
Project
Token
Field
Platform
Softcap/$10k
KIMBU ETF Tokens
ETF
Asset management
Ethereum
200
EASY WORK
WORK
E-commerce
Ethereum
16
PerfectChain Network
PNN
Game
Ethereum
400
ZNC Token
ZNC
E-commerce
Ethereum
100
Crowdif
CIF
Payment
Ethereum
450
EkkBaz
EKK
E-commerce
Ethereum
800
Tutellus
TUT
Education
NEM
4000
Delphi Technologies
DTT
Transportation
Ethereum
250
Goldma
GMA
Asset management
Waves
600
Beyond Seen Screen
BSS
Content copyright
Ethereum
100
Cryptfunder
CPT
Asset management
Ethereum
250
Clears
CLRS
Notary certification
Ethereum
1000
Zan Coin
ZAN
Payment
Ethereum
100
ORIS.Space
ORGN
Entertainment
Ethereum
2000
Globitex
GBX
Payment
Ethereum
1000
Open Source University
EDU
Education
Ethereum
34
All-Stocks Network
AST
Payment
Ethereum
200
Senno
SNO
AI
NEO
200
InsCoin
INS
Insurance
Ethereum
200
Rouge
RGE
Advertising
Ethereum
1400
Moneto
MNO
Lending
Ethereum
100
VVToken
VVT
Asset management
Ethereum
610
TIM
TIM
Payment
Ethereum
100
Plutus
PLU
Payment
Ethereum
100
IonChain
IONC
Payment
Ethereum
80
Main data sources: Icobench、 Foundico、 smith and crown、icodata、 icodrops、coinschedule、icoadvert
Secondary data sources:Project websites
Important News on Global Governmental Policies this Past Week
Keeping Up with the Blockchain Giants
Hot topic of the week: Is EOS Random-access memory (RAM) used for trading or for actual use?
- “One day in the blockchain space is equivalent to a year out of the space.” The conversions of hot topics in the cryptocurrency market is always unpredictable. When most people are busy looking for high-performance public chains, exchange platform tokens suddenly became the new trend. When investors rushed into various small and medium-sized exchanges, Fcoin quietly rose to the top. When exchange platform mining became the new hot topic, it was taken over by EOS: EOS’ RAM.
- RAM is a very important resource in the EOS network. Creating EOS accounts, creating EOS smart contracts, and performing EOS transfers will consume memory resources. The user needs to stake a certain amount of EOS to the system account in order to obtain the corresponding memory usage right. The stake price is determined by the market demand, and the user can also transfer the memory according to real-time price.
- In order to keep the supernode running efficiently, EOS’s current total RAM is temporarily set at 64G. For the programmers who are developing on EOS, the purchase of RAM is needed, and the total amount has led to the temporary scarcity of RAM on EOS. A large number of speculators have gone forward and pushed the RAM price up to 0.93EOS/KB. Compared with 0.02EOS/KB on June 20, the increase is close to 50 times.
- As the cryptocurrency market has been moving at a declining rate, this issue has attracted more negative speculators. The speculators are influencing the secondary market by trading and speculating about EOS’ RAM. Developers can only helplessly pay for the high costs. As of the release of the report, the RAM usage of EOS exceeds 80%, and the number of Dapp developers in use of RAM is less than 2%.
- Analyst evaluation: EOS’ exclusion of handling fees and almost real-time arrival of transactions provides users a seamless experience. The increase in RAM price has also made profits for many early investors. However, as a project that has just lifted off, the excessive development costs have prevented the wide scale development of Dapps on EOS. As for the value of EOS’ RAM, the practical demand is of utmost importance. Without the demand for the practical needs for RAM, then investing in RAM is worthless. The speculative trading of EOS RAM is simply a temporary wave that may end badly without the support of ecosystem.
Appendix: Upcoming Crowdfunding Projects(7.14-7.20)
Project
Token
Public offering launch date
Public offering close date
Field
Token Quantity
Public offering percentage*
Hard cap
AVINOC
AVINOC
2018/7/14
2018/7/31
Tourism
1B
40%
$15M
Health FX
HFX
2018/7/14
2018/7/29
AI
2B
50%
$38M
B21
B21
2018/7/14
2018/9/15
Asset management
1B
50%
$29M
KSYS Token
KSYS
2018/7/15
2018/9/31
Tourism
100M
32%
$4.2M
Scienceroot
ST
2018/7/15
2018/8/15
Payment
100M
30%
–
LAPO Blockchain
LAX
2018/7/15
2018/8/1
Payment
10B
30%
$500M
NOIZ
NOIZ
2018/7/15
2018/8/15
AI
1B
50%
$25M
KuBitX
KBX
2018/7/16
2018/8/31
Payment
1B
50%
$5M
NordCoin Mining
NRDC
2018/7/16
2018/8/16
Asset management
15M
85%
$1M
Accounting Blockchain
TAB
2018/7/16
2018/9/30
Asset management
100B
22%
$4M
Freldo
FRECN
2018/7/16
2018/8/16
Corporate services
1B
60%
$2M
Disciplina
DSCP
2018/7/16
2018/7/19
Digital identity
100M
75%
$3M
Fysical
FYS
2018/7/16
2018/7/21
Data services
1B
40%
$18M
Appendix: Upcoming Crowdfunding Projects(7.14-7.20)
Project
Token
Public offering launch date
Public offering close date
Field
Token Quantity
Public offering percentage*
Hard cap
EyeGlob
EYE
2018/7/17
2018/8/7
Medical insurance
2B
50%
–
Tedchain Network
TED
2018/7/17
2018/10/8
Game
2B
50%
$3.5M
EIPlatform
EMI
2018/7/18
2018/8/8
AI
100M
75%
$60M
Inmediate
DIT
2018/7/18
2018/7/22
Insurance
1B
40%
$16M
Bitforex
BF
2018/7/20
2018/7/25
Exchange platform token
–
–
–
MIBcoin
MIB
2018/7/20
2018/8/10
Cryptocurrency and payment
1B
13%
–
Rewards Coin
REW
2018/7/20
2018/8/11
Tourism
25M
70%
$5M
ArtWook Coin
AKC
2018/7/20
2018/8/1
Asset management
–
–
–
Sunxcoin
XNS
2018/7/20
2018/8/31
Asset management
10M
50%
$10M
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.