Coin Sheet: 6/2/2017

◤What people are talking about...

ETH/BTC market capitalization hit an all time high of ~62% on 2017-05-30. In response the Bitcoin community unites with Segwit2x and stops the Flippening from happening...huh,they what...nevermind the Flippening is still on. Bloomberg thinks so too.

Two Chinese cryptocurrency exchanges (OkCoin and Huobi) add ETH...no big deal.

/r/Ethtrader hit 35k Subscribers, which is impressive considering the subreddit had under 20k subscriber just a month prior (thank you based Buterin).

ScienceGuy9489 thinks Ethereum is going strong, no wait Ethereum might be due for a correction, no wait DEFINITELY bullish! Bitcoin_Schmitcoin thinks Ethereum is bullish. I still think technical analysis is modern day witchcraft, but what do I know, I'm just a pleb from New York.

Folks are still pissed about the BAT ICO, but are getting less pissed as they realize they were not entitled to gains. TechCrunch covered it, which is cool, I guess (times Ethereum was mentioned = 1). Fortune covered it too, again, cool.

Prism updated it's fee structure, which is cool, but Bogleheads will still cry that it's too high.Oh, and Ethereum is going corriente principal.

◤THINGS I LIKE

Josh Hannah wrote a nifty article on Medium titled Three Thoughts on the “Crypto Bubble". The key takeaway is that the Equity Bubble is a poor comparison to the perceived Cryto Bubble. Why? Two reasons.

1. "The value of Bitcoin (i.e. Cryptocurrency) can sustainably grow at a much faster pace than most real-world businesses because it is untethered by building products or services."
2. "...the addition of new buyers to the ecosystem literally increase the value of the underlying token."

Read Josh's full article here. Oh, and there was similar sentiment from a little ol' journal called the Economist.

◤ICO NEWS

◹Started this week (5/29/2017 - 6/4/2017)

• Basic Attention Token (BAT) - Basic Attention Token will be the unit of exchange in a blockchain-based digital advertising platform built on top of the Brave Browser.
• Mysterium Network (MYST) - A decentralized VPN built using Ethereum contracts.
• Aeternity (XAE) - Second public offering for Aeternity, a smart contract platform with state chains and a native oracle machine.
• Patientory (PTOY) - An Ethereum dapp for managing and transferring medical information. Patientory wants to foster a closer relationship between doctor and patient through tools inspired by social media.
• Polybius (PLBT) - Polybius is a project aimed to create a regulated bank for crypto-finance.
• Air (XID) - A platform for the management and monetization of digital identities.
• Gene-ChainCoin (GeneCC) - Encrypgen's Gene-Chain is a private blockchain for researchers and patients to safely store and share genomic data on a blockchain.
• Prospectors (OBT)  - MMPOG economic strategy game with an internal economy based on an Ethereum meta-token.
• Starbase (Star) - A crowdfunding platform powered by blockchains.
• Wagerr (WGR) - A decentralized sports betting blockchain with a deflationary token model.
• Giga Watt (WTT) - A firm that offers turn key mining services that range from equipment sales, maintenance, and private blockchain consensus management.

◹ENDED THIS WEEK(5/29/2017 - 6/4/2017) 

• Basic Attention Token (BAT) - Basic Attention Token will be the unit of exchange in a blockchain-based digital advertising platform built on top of the Brave Browser.
• Mysterium Network (MYST) - A decentralized VPN built using Ethereum contracts.
• Adel (ADL) - A distributed autonomous organization (DAO) that invests in new blockchain projects–similar to The DAO.
• Exscudo (EON) - A cryptocurrency exchange platform with social trading features and analytic tools.
• Embermine (EMB) - Embermine is a platform designed to give content creators the means to protect and control their creative endeavors.

CoinSheet -  The Occasional Cryptocurrency Digest