Promising coins #96 – a RevenueBot Editor’s Pick


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. In this overview, RevenueBot highlights a few coins to keep track of. 

NEAR Protocol (NEAR)

NEAR Protocol (NEAR) is an open-source decentralized platform that empowers you to create and deploy smart contracts as well as build various dApps. It is reputed for its high security and tremendous capacity.

The protocol is built in such a way as to allow you to contribute to its development by working on open issues.

This decentralized platform enables you to host serverless applications and smart contracts, providing easy access to OpenFinance Network and OpenWeb ecosystem.

Filecoin (FIL)

FIL is a utility token of the Filecoin decentralized storage network, designed for intra-system transactions, as well as rewarding the Filecoin miners.

The concept underlying the project is a more efficient and cost-effective solution for decentralized data storage.  The developers claim that the cost of services will be several times lower than in existing centralized systems.

What’s more, the platform encourages users to earn money by leasing their own free virtual space on hard drives, servers, and high-speed bandwidth resources, while receiving tokens in return. They promise to add the feature of mining with other capacities of the PC, thereby helping to perform crypto-processing. 

Ontology (ONT)

ONT is a digital token used in the Ontology network created by Onchain back in 2017. It offers businesses the opportunity to store their data either privately or publicly.

Ontology blockchain grants control to enterprises over their own data and enables to take advantage of smart contracts as well as employ tokenization.

Speaking of the ecosystem as a whole, it includes an identification system, data processing, community building, and the development of decentralized transaction protocols. It is a trusted infrastructure integrating devices, applications, and other functional elements, including government agencies as well.

Ontology offers a great spectrum of templates and tools that businesses can customize to meet their needs. Ontology is basically a way-in for the adoption of blockchain technology in the corporate sector.

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:

  1. Fees for the service are charged only after the first profit, no prepayment required;
  2. RevenueBot’s native marketplace is a great way to buy a ready-made bot as well as to sell a lucrative configuration; 
  3. The RevenueBot referral program enables you to earn without having to do any trading by yourself;
  4. RevenueBot uses a Dollar Cost Averaging (DCA) strategy, through which you can successfully trade and make profits over the long run;
  5. 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.

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