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5 most underrated cryptocurrencies

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Cryptocurrency and crypto tools like a wallet, crypto tracker are becoming increasingly popular. Yet, there are still highly underrated coins.

Let’s discuss 5 of them!

1.  Nano (NANO)

Nano is a project launched in 2015 which operated by the block-lattice technology. This architecture is unique to Nano and is an acrylic graph. The block-lattice consists of individual chains, account chains, that can be accessed and modified only by the owner.

Nano has been a highly successful project and its crypto coin NANO ranks #58 on CoinMarketCap.com with a market cap of $134 million. The current value of NANO is $1.01, however, it reached its all-time high of $37.62 in January last year.

The project has many advantageous qualities. The  transactions on the network are instantaneous and free. Because of its unique architecture, the coin is scalable and also consumes much less energy than Bitcoin or any other crypto coin operating on the blockchain.

2.  Zcash

Zcash was founded in October 2016 with a mission to make cryptocurrency more private for users. After its launch, the ZEC cryptocurrency gained immense popularity and reached almost $6000.

Zcash is among the most secure crypto coins on the market. It provides users the opportunity to prove transactions for inspection purposes. It is the user’s choice to disclose the transactions.

Another good thing about the currency is its supply. With a total supply of nearly 7 million, the price of Zcash rises quickly and is a great potential investment. The ZEC coin has a market cap of almost $555 million ranking 24th. Its current price is $79.41.

3.  Stellar Lumens

Stellar is a decentralized ledger for financial transactions. It was established in 2014 by the co-founder of Ripple and MtGox, Jed McCaleb. The network is also a smart contracts platform and its primary use is international transactions.

Stellar Lumens (XLM) is the native crypto coin of the Stellar network and is currently among the TOP 10 crypto coins. XLM hit its all-time high of $0.938 in January 2018. The crypto coin is now traded at $0.085 and has a market cap of $1.67 billion.

The Stellar network is backed by many established corporations around the world. It is also, in contrast to Ripple, highly decentralized. Compared to Bitcoin or Ether the transactions are also fast and cheap.

4.  Neo

NEO was developed in 2014 to establish a smart economy, which integrates crypto coins and smart contracts. The ecosystem can be employed to create both decentralized applications and ICOs.

The NEO network applies the blockchain technology and digital identity as a way to digitize assets. The platform has numerous great projects and partnerships.

The NEO cryptocurrency has a market cap of $846.5 million ranking #17. The coin is trading at $12 and has a volume of $404 million. The all-time high for NEO was $196.85 reached after the Bitcoin bull run in late 2017.

5.  ICON

ICON is a blockchain-based network that enables separate blockchains to cooperate. The ICON project is looking to reevaluate the definition of communities and establish an era of decentralization.

ICON has partnered with both corporations and the South Korean government. It is a blockchain-as-a-service platform which means that it makes easier for different establishments to make their blockchain without any hassles.

ICX, the project’s native token, ranks #40 with a market cap of $193 million. Its current price is $0.394 and, at its pinnacle, it was $12.64.

Even though these coins don’t get the attention that they deserve, the crypto market is still growing in popularity. If you want to join this market and become a successful investor, take a look at this cryptocurrency tracker guide.

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Beginner’s Guide to start with stock trading

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Beginner’s Guide to start with stock trading

Many of us struggle to save our money from whatever we earn so that we can lead a nice and bit more than ordinary life. However, saving is a task which takes time and it is often hard to save a fixed amount every month. Rather than thinking of saving a small amount every month, why not think of earning something extra? Stock trading is that one field or market where you can earn a great amount of money in the shortest time. But, it is not as easy as it seems. If you are new to the stock trading, then there are certain things you need to look for to avoid losing for the very first time itself.

Here, we are sharing a beginner’s guide to help you with stock trading:

  1. Keep your funds aside:

The first thing which is also the most important one is to understand that you shouldn’t put all your savings and money in the stock trading. You should always have a fixed monthly amount which you can afford to invest and even if you are not getting it back and losing, it is not impacting you a lot.

  1. Gain some knowledge:

 It is normal that when you will decide to enter the field of trading, there will be many who will suggest many things. Don’t trust people blindly, they may have gained some profit with their ways, but it is not mandatory that it will work for you. So, gather some knowledge and read some materials on stock trading.

  1. Hire a broker:

Accept it or not, but the facts remain the same. No one can excel at stock trading merely by reading some materials and doing it part-time. One needs to get into the field, analyze the market, takes a risk and then he/she can know how the market works. So, avoiding putting your savings at stake all the time and getting certain returns, it is better that you hire a broker.  A broker is aware of all the ups and downs of the market, and he knows on which stock to invest getting you a certain return.

Stock trading is a booming market which is never at rest, but it is not something that everyone can know about. You must know how to deal with many things to deal with the best and the safest way.

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Helpful Tips for Effective Crowdfunding

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Crowdfunding

Crowdfunding is a process in which a large number of people contribute small amounts of money to raise a large sum. The rudiments of crowdfunding have existed in India for a long time. However, organized and effective online crowdfunding in India came into being in the last decade.

Crowdfunding can help raise money for a lot of things. You can use crowdfunding to raise money for someone’s medical treatment, for social causes and for business ideas. There are four kinds of crowdfunding: donations based crowdfunding, rewards-based crowdfunding, debt crowdfunding, and equity crowdfunding.

Depending on the reason for your crowdfunding campaign and the type of campaign you choose, your strategy for the campaign will differ. Here I have tried to write down some tips for medical, social and business campaigns.

Medical Campaigns

If your fundraising in India project is for medical reasons, there are certain things that you can do:

  1. Find a crowdfunding platform that has experience in dealing with cases of medical crowdfunding. Impact Guru is one platform that does this.
  2. Write a fundraiser which is clear and short explaining why you need to crowdsource your medical treatment. Explain your financial condition and the nature of the illness.
  3. In your fundraiser, you should use text, image and video to explain your situation. Post pictures of medical documents in order to build credibility.
  4. Post a video of the patient delivering a message if they are in a condition to. Otherwise, find a way to talk about the illness yourself.
  5. Use social media and a team to campaign for publicity.

Social change is often possible through crowdfunding. Many NGOs have taken to crowdfunding in order to raise money for their various projects. This has become quite common after the recent government crackdown on foreign funding to NGOs.

  1. Choose a crowdfunding platform experienced with the kind of campaign you want to do.
  2. Write a fundraiser effectively detailing your project and what you want to do.
  3. If you have done projects like this before, provide links and other evidence to them.
  4. Fully use images and videos for your campaign.
  5. Make a campaign video that summarizes the goals of the campaign and post it with links everywhere.
  6. In order to make the campaign video, you can use professional help. This might require money but the returns you get on this will be far more.
  7. Use social media to the highest degree in order to raise money.
  8. Know the people who are likely to donate to your cause. If you are working for child rights, other child rights activists are likely to donate to your cause.

Things differ a little bit for business crowdfunding. Business crowdfunding is done with a profit motive and is very helpful for startups. If you want to raise funds for business crowdfunding, you should be able to write an effective crowdfunding pitch. You could go for equity crowdfunding or for rewards based crowdfunding, if you are not based in India. In India however, equity crowdfunding has been put on hold by SEBI.

  1. Find a website that is willing to host your crowdfunding campaign. Some websites are selective and some are not. Choose the ones you like and then select the one which likes you.
  2. Write a good pitch. Explain exactly what your product is going to be and why you think it has a market.
  3. If you are going for rewards based crowdfunding, explain why your product is unique and better than its competitors.
  4. If you are going for debt crowdfunding, explain clearly why you think you will be willing to return the loan with interest.
  5. Use social media to raise as much money as possible. However, do not exclude conventional forms of communication, when you go into campaign mode.

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