Numerous cryptocurrencies and tokens appear every day. Some of them are of a practical nature, which means they perform some sort of function. Others, on the contrary, have a purely entertainment purpose and may be in demand only due to the strong buzz around the project. RevenueBot has highlighted a few coins to watch out for.
Chia Network (XCH)
XCH is the Chia Network’s native token, used for all smart transaction capabilities. The project declares its mission as the improvement of the global financial and payment systems.
The Chia Network blockchain is written in the Chialisp programming language and operates on the classic consensus algorithm described in 2008 by Satoshi Nakamoto, but instead of the energy-consuming Proof-of-Work mechanism, another one is implemented – Proof-of-Space-and-Time. To mine XCH, you can use HDDs, even though cell phones, laptops and other devices fitted with a hard drive are quite suitable.
Chialisp is Chia’s new on chain programming language that is powerful, easy to audit, and secure. It will make cryptocurrency easier to use than cash. Chialisp is a superior on-chain smart transaction development environment that will unlock the security,transparency,and ease of use that cryptocurrencies promise.
MediBloc (MED)
MED is a native token of the MediBloc platform, essential for payment of the data storage and mutual settlements between users. This BEP-2 token is based on the Binance Chain.
MediBloc is a decentralized healthcare information ecosystem built on blockchain technology for patients, healthcare providers, and researchers.
MediBloc’s goal is to streamline healthcare for patients, providers, and researchers by redistributing the value of personal health data. MediBloc is set to transform the healthcare big data ecosystem through providing this data stream in a highly secure and structured way.
It is considered an open platform where developers and healthcare professionals can collaborate to build future-proof applications. More beyond. Once you have enough patient data and regular activity, you may be able to create automated insurance claims, personalized medical reports, and perhaps even medical AI chatbots to help solve some of the most common issues in medicine.
Relictum PRO (GTN)
Relictum PRO is the world’s first decentralized blockchain available on any device. That’s exactly how its developers see it. Moreover, this blockchain is zero-fee. The transaction speed is lightning-fast since it amounts to 100,000 transactions per second.
Relictum is an all-native ecosystem made up of a decentralized blockchain with instant and free transactions, startup gas pedal Relictum Lab, Relictum NFT marketplace, Relictum Storage, decentralized secret chat as the beginning of the first genuinely private social network Relictum Chat, and much more. These projects stand out for their enhanced security, user-friendly UI and groundbreaking tech solutions.
Relictum Pro is an endless distributed registry with a developed system of smart contracts, describing (formalizing) any event in human life, ranging from buying and selling goods and services, recording logistic events, to tracking copyright and interacting with legal entities, including a number of self-executing transactions (smart contracts) in any field of activity.
Conclusion
When investing in new coins, you keep an open mind on all the risks, because the chances of a coin remaining at the same price brackets or depreciating are sky-high.
This material is not a piece of financial advice and is for informational purposes only.
If you don’t want to count on luck, RevenueBot offers an automated trading interface. You can trade on the leading crypto exchanges, including: Binance, Bittrex, FTX, OKX and others. RevenueBot allows traders to create trading bots that provide stable passive income. Among the main advantages of the platform we can highlight the following:
- Fees for the service are charged only after the first profit, no prepayment required;
- RevenueBot’s native marketplace is a great way to buy a ready-made bot as well as to sell a lucrative configuration;
- The RevenueBot referral program enables you to earn without having to do any trading by yourself;
- RevenueBot uses a Dollar Cost Averaging (DCA) strategy, through which you can successfully trade and make profits over the long run;
- Automatic switching of trading pairs makes it possible to benefit from trading at any time. The bot itself will switch to another trading pair if the main one will not be able to do the earning.
You can learn more about the features of the platform on the RevenueBot official website.