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10 promising cryptocurrencies for the second quarter of 2018

The first quarter of 2018 was bloody. The whole crypto market went for a slide with heavy hits like Bitcoin and ether fall significantly. While some investors faltered, those who actually worked on the technology breathed a sigh of relief. When prices have fallen, projects have no impossible value that they can immediately live up to.

For the same reason (assuming you haven't invested much at the recent peak), this downturn is an obvious and great opportunity. This is a fire sale and means many coins can be bought at a cheaper price.

Trying to predict which prices will take off will almost always be wrong. A little research can point you in the right direction by identifying milestones that could spark a trading frenzy. Below we have presented 10 innovative blockchain projects whose recent history and future roadmaps ensure a promising second quarter of 2018.

If you want to look back on a review, you can find ours here Selection for the first quarter of 2018.


1. Oyster ($ PRL)

Project overview

Known as "the future of website monetization and storage", oyster is an exciting blockchain offspring who is currently building up steam. Oyster assumes that online advertising is broken. The solution? One line of code.

The Oyster protocol allows websites to silently generate revenue by letting visitors use part of their GPU and CPU power. The “one line of code” facilitates the proof-of-work in the browser for a decentralized memory book, eliminating the need for advertising and keeping the web open and profitable for publishers through payments in PRL.

Why you should see PRL

There are many reasons to be excited. The most important reason for this is a solid use case and technology that seems ready to show what it can do. Potential privacy issues with data sharing and storage have already been addressed, leaving the proposed Oyster experience with few limitations. And when a problem arises, the team behind Oyster is refreshingly transparent about the development process.

Oyster promises passive income for website owners and ad-free surfing for visitors. Above all, however, it is accessible to a wide audience. This could create a viral effect where little developers try it out and succeed. From this point on, major publications will become aware. Nobody has to twist their arm when it comes to dropping online ads. The mass rollout of Oyster and PRL could happen quickly.

According to the Oyster Roadmap, April 2018 is projected to be the month of the mainnet launch and all signs show that it will be on time.

2. Power Ledger ($ POWR)

Project overview

Power Ledger is an Australian blockchain-based Cryptocurrency and energy trading platform that enables decentralized trading in renewable energies. Households and businesses can sell excess solar power back into the local microgrid and buy energy at lower prices than traditional electricity companies.

Power Ledger uses a dual token system (Sparkz, POWR) for stability reasons, which ties the former to the local fiat so that a fluctuation in the POWR value does not affect the actual cost of electricity.

Why you should see POWR

Power ledger Timeline No major events are planned for the second quarter of 2018. A project like this isn't just about technology, it's also about partnerships.

A handful of contracts have already been signed with Australian and Tasmanian renewable energy companies such as Project Brainstorm and Nest Energy. Microgrid-as-a-service trials are also set to begin in India, and a partnership with the Liechtenstein Institute for Strategic Development is bringing Power Ledger into the door of Europe.

Two current events make Power Ledger and its public token worth seeing. One is a Deal made with Greenwood Solutions Announcement of the first commercial use of the project. A live test case in a residential area could be the perfect example of the money and energy saving features that Power Ledger can offer to get other businesses (and local residents) to look into the service.

Power Ledger also announced a deal with clean energy nonprofits Helpanswers Launch hundreds of peer-to-peer renewable energy trading projects across North America, stretching from Alberta to Chicago to Texas, California and New York.

3. Cardano ($ ADA)

Project overview

Cardano is a fully open source, decentralized public blockchain and cryptocurrency project. It is the very first blockchain project based on peer-reviewed academic research.

The aim is to create a home for decentralized apps and smart contracts that can be processed with a formal review that allows mathematical proof of the correctness of the code. This makes Cardano a safe and reliable platform for high quality applications.

Why You Should See ADA

Cardano's ADA token has exploded a few times in the past few months. One of these was in late November 2017 when the team released one updated roadmap, Start of the coin in ninth place in market capitalization. In early 2018, it is still comfortably in the top ten (# 7 at the time of writing), which shows that more and more investors are starting to see the value of the project.

Cardano's next big milestone is the upgrade from Byron to Shelley. Byron focused on building a secure platform for trading ADA. A key feature for the second quarter was improved performance on exchanges like Binance and Bittrex.

Shelley will score in Q2 and Q3. This version offers important usability elements with which the technology can grow into a "completely decentralized and autonomous system". Delegation and Stakepool testnets will be the first features made available to users that could upset ADA trading.

4. Ontology ($ ONT)

Project overview

Ontology is a new powerful public blockchain project and a distributed platform for trustful collaboration. Ontology was founded in 2017 by the Chinese company Onchain and is a public platform for projects of all shapes and sizes. It's another attempt to break down barriers between blockchain and the corporate sector.

Why you should see ONT

Ontology is a fairly new project that is only just taking off. The good news is that it is backed by a massive financial company in China and has a great development team behind the scenes. So it's unlikely to be a Flash-in-the-Pan project.

The biggest news for Ontology in the second quarter is this Start of the mainnet. This opens the development process to the public and details the tools provided by the team for creating Dapps. App creation can begin in earnest as soon as the mainnet is released. This will likely draw a lot of attention to the ONT token.

In a market with falling values, ONT has risen steadily. Interest remains partly due to the air drops announced by the marketing team. March saw free tokens for NEO holders, and in January 2018 1,000 ONTs were distributed to everyone who subscribed to the Ontology newsletter. Additional token reward plans will be announced once the mainnet is deployed.

5th ARK ($ ARK)

Project overview

With Ark and its SmartBridge system, blockchains from different projects can communicate with each other. The idea is to give each cryptocurrency a common connection point so that users can hold coins from one system and still run smart contracts on another system.

Ark also builds a “point. Click. Blockchain. “Solution with which everyone can provide their own blockchain, even if they lack programming knowledge.

Why you should see ARK

There was some doubt about the future of Ark in early 2018, right around the time the mainnet turned a year old. Updates were scarce, the token was dwindling, and users were deep in the FUD crisis. The Ark team soon showed up too set a few things right“What was once a gloomy outlook has turned into a promising second quarter.

Ark's 2018 marks a general shift from SmartBridge technology to push-button blockchains. The old goal does not go away. It's just more of a by-product of Ark's “blockchain for everyone” ideal. Much like drag-and-drop game creation tools allowing more people to create video games, Ark 2018 will release tools that anyone can use to create their own blockchain.

This could be a big step forward when it comes to how the public views blockchain technology. Right now it's an inaccessible black box of code that only high-ranking engineers dare to touch. After Ark's tools are released, a wave of interest could set in. The team is already pushing Technical updates for ARK Core v2 Keep your ARKs on their way to this goal, it could be a wild second quarter.

Read more about Ark's bright future in our coverage of the Mainnet anniversary.

6. ICON ($ ICX)

Project overview

The ICON project is a decentralized application platform with which institutions can easily and privately exchange data. It enables independent blockchains connected to the core chain and subject to their own rules, but not at the expense of compatibility.

The most talked about ICON use cases include hospitals and insurance companies. When a patient has a procedure that should be covered by insurance, all the hospital has to do is send the person's data over the blockchain.

Why you should see ICX

ICON spent most of 2017 setting the stage for its groundbreaking project. The team had one productive Q1 2018, Launching ICON Mainnet 1.0, Unlocking the Multi-Cryptocurrency Wallet ICONex, and Signing Partnerships with Several New Exchanges.

In Q2 and Q3 2018, the team will focus on rollout in four key areas: Banking, Education, Insurance, and Healthcare. The release of the customized tools for each sector coincides with ICON's efforts to expand into new partnerships. It's a time of public outreach and promotion, not just technology building, and that often leads to heavy token sales.

7. Stratis ($ STRAT)

Project overview

Stratis is a Blockchain-as-a-Service platform that provides C # developers with tools to create their own customized blockchains. The main goal is to provide simple and affordable end-to-end solutions for medical, financial and technology companies that need to test and deploy Dapps for their business.

Why you should see STRAT

Stratis had a busy 2017 as it relentlessly headed for beta. The team will focus on several key areas in the first two quarters of 2018 and implement the following alpha, beta and testnet versions:

  • Full Node Mainnet Beta (including GUI)
  • ICO platform
  • Breeze Wallet privacy protocol
  • Smart contracts
  • Side chains

All of this results in a much more useful platform. Sidechains in particular can tempt additional companies to adopt Stratis as the decentralized platform of their choice. More users mean more token exchanges. STRAT is a strong position for the second quarter of 2018.

Read our full Report on the roadmap for Stratis 2018 for a more detailed look at the platform's near future.

8. Nano ($ NANO)

Project overview

Nano (earlier RaiBlocks) is a trusted, low-latency cryptocurrency known for its extremely efficient architecture. While most crypto projects resent scaling, fee, and speed issues, Nano was designed from the start for instant transactions and no fees. It's also infinitely scalable, so no matter how many users are using the network, it won't trip over the network.

Why you should see NANO

As cryptocurrencies become more popular, developers are realizing just how big the problems with scaling and network efficiency can be. Crazy-sounding currency-based solutions are often offered that usually require years of work and an extra hard fork. Nano just doesn't have these problems. It is usually enough just to see the phrase “no fees” to convince the big players to make the move.

Nanos Q1 rebranding can cause some initial confusion, but the change is a good move in the end. The name "Nano" is friendly and easy to remember, perfect for grabbing mainstream audience attention. This is exactly what Nano wants to advertise.

With increasing attention to high energy consumption issues related to top cryptocoins, Nano is poised to present itself as a light and friendly alternative. The Roadmap is also filled with expansion-oriented updates that encourage merchant adoption, point-of-sale transactions, and coin retention.

9. Request network ($ REQ)

Project overview

Sending and receiving digital payments is one of the many problems that cryptocurrencies promise to alleviate. Request network set out to do just that and has taken great strides to achieve its goal.

The platform allows anyone to request and receive payments for services without going through a third-party processor. No additional fees to worry about decentralized invoices for the whole world.

Why you should see REQ

In late 2017, Request launched a product with minimal viability that demonstrated many of the features the final version is set to offer. Low fee payments are high on the list, but Request also offers automated invoicing, smart verification, cross-currency transactions, and identity protection. It is in direct competition with credit card companies and processors like PayPal, but thanks to its decentralized authority it offers a far more attractive package and no additional fees beyond a minimal mining fee.

Network of request went live The first version of the protocol allows users to connect a wallet to the network, send and receive requests to ETH, update broadcasts and manage all requests associated with a wallet address. Fiat management is imminent. This is one of the biggest steps for businesses and freelancers to adopt Request as their payment system.

Another Major event for inquiry in 2018 is a partnership with PwC France and Francophone Africa. The team will also start talks with the World Bank and IMF in the second quarter, which could mean massive corporate interest in the network and the REQ token.

10. Stellar ($ XLM)

Project overview

Promotion as "Open Source Infrastructure for Distributed Payments", Stellar is a blockchain solution with which money can be moved across borders quickly, reliably and at a low price. and no, that's it not the same as Ripple. Stellar's currency (XLM) is used to link fiat currencies and enables almost instant exchange without a buyer or seller ever touching the cryptocurrency itself.

Why you should see XLM

Stellar just strapped in two huge rocket boosters on their backs, any of which could send XLM sky high.

At the beginning of March, the Stellar Development Foundation announced a partnership with the secure communication platform Keybase. This would be good news any day of the week, but given that Privacy concerns regarding Facebook's data scraping practices, Everyone has secure messaging and file sharing on their mind.

Then there is that Stellar Lightning Network. This facility for processing payments outside the chain allows the parties to interact through a smart contract without trading directly through the blockchain. Multiple payments can be sent and received before Lightning needs to be checked on the main network, allowing Stellar to do far more activity than before.

The Lightning Network addresses a key problem for any blockchain project: scalability. Since Stellar is aiming to disrupt the world of financial transactions, implementing it could be a huge win. Lightning was pushed into Stellar's test network on April 1st and will be live through December. If things are going well, this could draw a tremendous amount of attention to XLM.

Related: 10 Promising Cryptocurrencies To See In The Third Quarter Of 2018

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