Coins To Watch August 13 - August 19, 2018

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Coins To Watch August 13 - August 19, 2018

Cardano (ADA)

 is a blockchain led by former Ethereum veteran Charles Hoskinson and developed by the IOHK firm. Cardano aims to be the next generation blockchain project and is slated to become a full-fledged smart contract platform with a library of protocols that developers can use to build decentralized apps. The platform uses ADA as its native currency, and the next project roadmap update is scheduled for later this month, and a special announcement is set to take place on August 15.

The team are currently in Byron, the bootstrap phase, and are improving the code in addition to debugging. They will then move from Byron to Shelley, which will see the network become decentralized and the team will continue to work towards improving stability, interoperability, and governance throughout the platform.

ADA is currently trading at $0.11.

How to buy Cardano (ADA) on Binance?

Komodo (KMD)

is a cryptocurrency and platform designed for maximum security and privacy and the Komodo platform is intended to provide smart contracts as well as blockchain-based solutions. There is a snapshot upcoming for the ChainZilla airdrop on Aug 15 to KMD holders. The ZILLA chain launched by ChainZilla will become a second-layer of notarization in the Komodo chain, and other uses include: KV storage for IPFS pairing and voting.

In order to take part, it’s necessary to download the latest Komodo wallet and hold 500 or more KMD in one address by August 15, 2018, and the airdrop will be distributed two weeks later on August 30, 2018.

Distribution of ChainZilla:

  • Total Supply: 11,000,000
  • Phase 1 Airdrop - August 30th, 2018 (to Komodo holders >500 KMD): 1,000,000
  • Phase 2 Airdrop (to be determined): 1,000,000

The 1,000,000 ZILLA will be divided among the addresses with 500 KMD and above based on their balance.

KMD is currently trading at $1.17.

How to buy Komodo (KMD) on Binance?

Red Pulse (RPX)

Red Pulse is a market intelligence platform that covers China's financial markets, and provides clients with in-depth, up to date knowledge on the nation’s economic workings. Red Pulse utilizes a mix of machine learning, Chinese natural language searches, and traditional research in order to uncover and process the most pertinent information for stakeholders.

The Red Pulse team are working to improve their service by introducing a sharing economy for research with content creators and consumers trading research data for RPX tokens, and the RPX-PHX Token Swap is set to take place on August 14. Over the next 48 hours, a snapshot of RPX balances will be taken at a specified NEO blockchain block height and the new PHX tokens will be airdropped to RPX holders. The team has unveiled PHOENIX, a suite of new features that enable a smoother shift to the gig economy and enable commodification of general market information and more stringent regulatory requirements in the research and knowledge space.

Improvements include:

  • Proof of Creation
  • Proof of Ownership
  • Regulatory Compliance
  • IP Protection
  • Accountability

RPX is currently trading at $0.017.

Jon is a senior writer at CoinCodex, specializing in blockchain and traditional finance. With a background in Economics, he offers in-depth analysis and insights into cryptocurrency trends and the evolving financial landscape. Jon's articles provide clarity on complex topics, making him a valuable resource for both crypto enthusiasts and finance professionals.

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