Crypto expert Will Izuchukwu shares the top 5 distributed computing altcoin projects under $1 million market cap. Also, the analyst reveals the top 5 Zilliqa ecosystem tokens by market cap to watch in October. We have prepared the expert’s posts for our readers.
Top 5 distributed computing altcoin projects
Curecoin (CURE)
According to its website, Curecoin is a cryptographic utility token that aims to use protein folding calculations rather than ASIC mining to help doctors discover new drugs. Curecoin encourages the contribution of computational resources such as GPUs and CPUs. In this way, it seeks to maximize the potential of Distributed Computing Networks (DCN) around the world that seek meaningful solutions to medical, scientific and mathematical challenges. Similar to Bitcoin, Curecoin is used to pay people who generate computing power for DCN.
Substratum (SUB)
An open source network called Substratum (SUB). It allows anyone to deploy unused computing power to support decentralized web infrastructure. Without the need for VPNs or Tor, Substratum Network is a global network of nodes that use cryptography to transmit secure content. It is possible for users to build tools and applications using the API and SDK on the Substratum Platform.
LiquidApps (DAPP)
DAPP is a vibrant Universal Bridging Framework and Middleware of Powerful Services. Crucial to modern decentralized applications and Blockchain interoperability. DAPP Network bridges several Blockchains sitting on top of the underlying layer protocols. It is the first universal middleware in this respect.
Upfire Price (UFR)
Upfire hit the market in 2107. It rewards planters through a tokenized file-sharing economy. The developers installed it to replace traditional peer-to-peer (P2P) file sharing protocols. Traditional P2P networks and file sharing do not encourage planters. This often results in limited file availability and slow download rates. Upfiring wants to develop a more beneficial file-sharing network by directly rewarding planters and content creators for distributing their work without middlemen.
Internxt (INXT)
Internxt designs and builds world-class applications that respect users’ privacy. The project ensures that no files, images, passwords or any unencrypted data are ever accessible by unauthorized users or servers. AES-256 encryption protects all data customers store in their Internx accounts. Accordingly, it takes twice the lifetime of the universe for the world’s most powerful CPU to decrypt a small file.
Top 5 Zilliqa ecosystem tokens
Lunr (LUNR)
LunarCrush offers social data for cryptocurrencies. Also, access is free. They don’t want to ask them to pay a membership fee, expose them to unauthorized advertisements. Or they don’t sell users’ personal information. Instead, they have created several platform events that will reward users financially. Users get points for each achievement in the app. Once the user reaches certain milestones, it is possible to convert these points into LUNR tokens. There is the possibility to deposit LUNR earned back with APRs under the LunrFi staking program.
Governance ZIL (GZIL)
Zilliqa network governance token. Governance ZIL (gZIL) enables long-term token holders to interact with the Zilliqa ecosystem. Each gZIL represents one vote. So the more gZIL you have, the higher your voting power. GZIL holders’ votes and community decisions and joint projects supported by ZIL can be equated to a DAO-like organization. The developers introduced gZIL on October 14, 2020. They gave rewards to early adopters.
XCAD Network (XCAD)
XCAD Network leverages the power and value of its Creator audiences through tokenization. In this way, a global network that allows viewers to receive incentives and adjust Creator decisions using a YouTube plugin. The project copies the concepts of Play-to-Earn and Play-to-Move and revolutionizes it with Watch-to-Earn. It is possible to buy and exchange the tokens of your preferred content providers on the XCAD Network platform. There is also the possibility to add the plugin as a Chrome Browser extension.
XSGD (XSGD)
StraitsX is a Major Payment Institution licensed by the Monetary Authority of Singapore. It is possible for users to mint and redeem and pay with StraitsX stablecoins. They also have possibilities to link their account to digital asset platforms using a StraitsX account. Payment rails with B2B API for digital asset platforms are also available for business accounts. StraitsX works on Singapore Dollar (XSGD), Ethereum, Zilliqa and Polygon Blockchains.
Zilliqa (ZIL)
cryptocoin.comAs you know from Zilliqa, it entered the market in 2017. First of all, the developers built the altcoin project on the concept of Sharding. Altcoin aims to improve the scalability of crypto networks like Bitcoin or Ethereum. According to the whitepaper, the transaction speed will be thousands of times faster than the Ethereum network. According to experts, Zilliqa is a fast, secure and decentralized platform.
Contact us to be instantly informed about the last minute developments. twitter‘in, Facebookin and InstagramFollow and Telegram and YouTube join our channel!
Disclaimer: The articles and articles on Kriptokoin.com do not constitute investment advice. Cryptokoin.com does not recommend buying or selling any cryptocurrencies or digital assets, nor is Kriptokoin.com an investment advisor. For this reason, Kriptokoin.com and the authors of the articles on the site cannot be held responsible for your investment decisions. Readers should do their own research before taking any action regarding the company, assets or services in this article.
Warning: Citing the news content of Kriptokoin.com and quoting by giving a link is subject to the permission of Kriptokoin.com. No content on the site can be copied, reproduced or published on any platform without permission. Legal action will be taken against those who use the code, design, text, graphics and all other content of Kriptokoin.com in violation of intellectual property law and relevant legislation.