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.
Cortex (CTXC)
The Cortex platform empowers users to develop their own blockchain-based programs using machine learning (ML), and as a result, provides access for other users to interact with those programs via smart contracts.
CTXC is part of a blockchain platform focused on artificial intelligence (AI). These tokens represent one of two tools intended for use on the platform – CTXC being as a payment tender, while other tokens dubbed Endorphins as the second medium of exchange.
The platform also features a trading engine or a matching engine that functions using the Cortex Virtual Machine or CVM. Overall, the CVM is fully compatible with the Ethereum Virtual Machine (EVM).
WaykiChain (WICC)
WaykiChain is a third-generation blockchain aimed at bringing sweeping change to three key sectors: finance, foreign exchange (FOREX) markets and betting services. WICC developers strive to build and cultivate a new business model by utilizing IT to meet the needs of today’s society.
The platform implements key features of blockchain technology such as distributed ledger, smart contracts and consensus-ensuring protocol. As the developers claim, their network is able to help create and introduce a brand new business model that meets the latest requirements of modern society and the evolution of IT sector.
One of WaykiChain’s main goals is to revolutionize the financial industry by offering innovative methods of trading and decentralizing digital assets, as well as reshaping the current FX market and betting model to improve the efficiency of these two.
Fetch.AI (FET)
FET is a native token of the Fetch AI network, designed for P2P transfers and allowing smooth communication of devices.
Moreover, Fetch AI is a decentralized platform where autonomous software agents perform useful economic work of various kinds. The project uses the technical capabilities of machine learning and artificial intelligence. All the network’s operation is based on a scalable blockchain, which is used to process the internal transactions.
The goal of the project is to shape the “Economy of Things” (EoT). To put it succinctly, the project team envisions creating an additional “digital dimension” where robot-agents will work. They will instantly analyze data from a huge number of information sources, so mankind would have the chance to tackle an array of issues, such as optimizing logic and streamlining the use of resources.
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.