With blockchain technology many services can be upgraded greatly, one of these are the markets for goods.
By using a blockchain the market can be made decentralized, which means,
- Practically zero fees
- No down time
- No hacking
- Trades are made way easier for everyone around the world
For these reasons alone I believe at least one of these coins will become very valuable in the future. Recently the criminal drug marketplace alphabay was shut down by law enforcement, what these decentralized markets offer will make them widely used by the dark web to conduct commerce because decentralized markets can not be shutdown, aren't regulated(or shouldn't be) and are anonymous.
Syscoin offers a decentralized market like the other coins. It has a huge road map with tons of updates and a dedicated team. It as partnered with Microsoft azure(which no one cares off or uses) which means syscoin will probably be more concerned on the possible illegal market if they want to keep a good relation with big brands like Microsoft.
This coin is currently VERY cheap, and I recommend waiting a few days because I think it will become even cheaper.
This coin is meant to act as shares for the upcoming chille blockchain, holders of this coin will earn a percentage of chille when the chille blockchain is launched, and after the launch the holders of safex get 10% of the fee in every transaction made on the chille blockchain. The chille blockchain is meant to be used on a decentralized anonymous market place, so you can imagine if the marketplace becomes widely used safex holders will earn a good sum.
The desktop and web wallet will be released very soon, the chille blockchain along with the market place are still going to take quite some time to develop. Currently this coin is cheap and has immense potential for a very profitable long term investment.
This investement is a bit risker because they don't have a working product yet.
The coin however hasn't dipped too much during this dump, which is a good sign imo.
Bitbay offers a decentralized market. They also use a double deposit escrow for smart contracts for use in the market or to hire and find jobs(outsourcing is big nowadays). Bitbay has already made a lot more progress then safex, they have wallets and a market client, unlike Safe Exchange Coin.
A Full-feature client, once the templates are released the user interface will be easier to use. There's also bounties for several tasks which would help boost the price, you can check them out here if you're interested http://bitbay.market/blog/.
This coin is currently VERY cheap but and I recommend waiting a few days because I think it will become even cheaper.
I'm currently a bit undecided on what coin the better investment and I will do more research on them.
That will be all, peace out.
If you have an opinion on which is better please comment on your pick.
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This post received a 4.5% upvote from @randowhale thanks to @joaol! For more information, click here!
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This post received a 3.0% upvote from @randowhale thanks to @joaol! For more information, click here!
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Twice?
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Another important player is Particl
https://nodesofvalue.com/particl-passive-income-from-staking-and-decentralized-market-listing-fees/
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