BlockMason Credit Protocol (#BCPT)
Circulating Supply: 45,166,200 BCPT Total Supply: 116,158,667 BCPT
Current price : $1.73 USD
Current Market Cap: $78,305,996 USD
Main site: https://blockmason.io/
Announcement page : https://steemit.com/blockchain/@blockmason/we-re-blockmason-a-credit-blockchain-protocol
Whitepaper: https://blockmason.io/cp-whitepaper/Introduction-amp-Features/
BlockMason Credit Protocol. BlockMason is a developer of apps for the Ethereum blockchain. Credit Protocol, is their first currency. They plan on using it with a lot of decentralized apps they are releasing this year.
"The Credit Protocol is a system for permanently recording ledgers of debts and credits between parties using the Ethereum blockchain."
Their focus is on credit and the transparency of credit. Which if it seen through the end could be amazing. But that's not why you should buy this coin.
You should buy it because it is vastly under valued currently for the total supply available.
Let's look at a coin also in the financial sector with a supply that is similar.
Salt: https://coinmarketcap.com/currencies/salt/
#SALT
This currency trades for 14.55 USD currently. With its circulating supply of 54 million and total supply 120 million.
This currency is a lending platform for Ethereum which it's product isn't even working yet and it has a competitor who's product does work. And it has still managed to achieve an asking price of 14.55 USD. The competitor is EthLend. Which has a much higher total supply than Salt.
I feel that the investors putting money into currencies that are involved in the financial sector will like this currency once the apps are released. Leading me to believe anything under $2.00 USD is a deal for this currency. I seriously recommend buying into this coin at this price even if you don't believe in the end product, do it just to hold short term and sell at $3.00 USD.
Personally I am going to sell at $10.00 USD depending. I have faith in the team and if the apps are successful this would be a fair estimate.