SmallCap roundup pt 1

in altcoin •  7 years ago 

This is a round up of my opinions of the bototm five on coinmarketcap.com I choose that as I figure few will have seen these cryptos.

Dmarket # (DMT) value 0.00007983 BTC
What is it?

Dmarket is a token for trading virtual items on the blockchain it appears to have a limited website requiring some work. There is a flashy site with graphs listed as a blockchain explorer. The graphs are nice touch, although as I dont have a wallet I can't validate it.

Use Case
Having assets form 8 games (Battlefields, Mincraft, Quakes Champion,Warfaith, Metro:Exodus, PUBG. Dota2, and CSGo) gives it a use case as a means to reduce the number of ICOs form games developers. As they could simply accept the DMT in their game instead.

Where can I get it?

Etherdelta exchange https://etherdelta.com/#0x2ccbff3a042c68716ed2a2cb0c544a9f1d1935e1-ETH

Decentralized Universal Basic Income (DUBI) 0.01405390 BTC

Presented as a scam, as religion (fortax reasons) that takes your money for little more than a token of appreciation. However drops in references to charity (save the children and unique mechanisms)

Use Case: I have no freakin clue. 0.00000468 BTC

Where to buy etherdelta https://etherdelta.com/#0xd4cffeef10f60eca581b5e1146b5aca4194a4c3b-ETH

EtherDelta Token (EDT)

This is the token for a decentralised exchange for ERC20 tokens. By being decentralised on a smart contract and only accepting eth or other ERC20 tokens, this exchange eliminates a lot of issues centralised exchanges might face, or even peer to peer sites.

Use Case: Since most small tokens and many erc20 tokens that can't get listed on other exchanegs are here. The etherdelta token could be useful as one token for those who wish to get exposure to a large number of altenrative ERC20 tokens and small icos without holding multiple currencies. As those get listed on etherdelta the etherdelta token will be more useful.

Where to get it? Recursively on etherdelta. https://etherdelta.com/#EDT-ETH

Farst Coin FSRCT ??

I have no idea, no website is linked form coinmarketcap.com if it is related to farstcoin.co then it has something to do with a game.
Where to get? Not listed on any exchanges but they do claim to sell you their coin, for eth or BTC on their site https://farstcoin.co/exchange/ETH although I'm not entirely sure.

Use Case. For those who want all the advantges of sending coins to 0x00000 but without the hassle of creaitng proof of burn I guess?

Finally UAHPay (UAHPAY or we can't think of an imaginative letters/name combo for our coin) 0.00000001 BTC

What is it? Ripple for people who like their distributed crypto licensed and regulated by a war torn eastern European country.

I have no idea how regulated they are, as I don;t speak Ukrainan enough. Oddly there is no mention of their application or licensing process. Although the idea of loans and purchase protection baked into the currency is is an interesting one.

Use Case: You like Ripple's idea but prefer a less centralised version without the established history of bitcoinforum.com

That concludes this journey of the last five crypto on coinmakretcap/random waste of time. I hope you enjoyed reading it!

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