Undervalued Crypto Review: Novusphere ATMOS (ATMS)

My research strategy for a blockchain project is very simple:

I research the project's whitepaper, recent development, community, Bitcointalk thread, and source code.
This step helps me decide whether this crypto currency gets me excited from a developer's perspective.
I estimate what market cap the coin should have, and then I look at the actual coin market cap.
If it's lower than what I estimated, I invest.

I undertook these steps for a project I happened upon a few weeks ago: Novusphere, and I was very surprised to find the current market cap to be far below what I had estimated.

It's like torrents, but better

Novusphere allows for online media streaming (i.e. audio and video) and static file hosting. What's interesting is their unique tech behind it: AFIX (Advanced File Indexing), which allows apps to easily integrate a searchable decentralized database of files. This makes it possible to create all sorts of libraries of content (i.e. your own decentralized & immutable vlog, wiki, gallery, etc). Wikileaks for example would be a great candidate, since content cannot just be taken down.

Think of it like the Torrent protocol + a database of (streamable) torrents.

The Advanced File Index allows for hosting any kind of content, and would allow apps, artists, etc. to reliably host their static content in a decentralised way. Any content that's statically hosted on the internet could be hosted & discovered with AFIX on Novusphere.

Development & Market Cap

Novusphere's ATMOS on Coinmarketcap

Novusphere is clearly in its early stages of development. I could only find updates and an updated roadmap (official wallet releasing August 14th) in a recent post in the Bitcointalk thread. However, the deal-maker for me, the things I described above are already working.

Needless to say I'm excited about this project. Especially with the extremely low (under $5 million) market cap.

What Blockchain project would you like me to review next? Let me know in the comments.

Follow @deanpress on Steemit for more posts like this!

thanks for the advice!

You're very welcome!

How can you calculate its value? Don't tell me that because it's below $1.

Let me predict this. Next, they will release a wallet. After that, they will do something with the wallet, like more beautiful, easy UI. After that, another technology that every coins already had.

That would be bad. However, they have a very reasonable and achievable goal, wallet in this case is a full filesharing platform that doesn't really exist elsewhere.

I describe the way I estimate value in the first paragraph of the OP.

What do you base the estimations on? Value of current similar products?

exactly. same level of quality if they deliver and uniqueness. I do same thing for long time. this rules out most ico's as they are way overpriced from day 1 usually.

Hello and thanks Dean. You had predict NEO was undervalued at 10 000% and you've right !
What do you think about ITT ( Intelligent Trading Technologies )?
https://tokenmarket.net/blockchain/ethereum/assets/intelligent-trading-technologies/
have a nice day

Thank you. Haven't heard of this but it looks interesting. Will take a look!

Hi Dean, what your opinion about I/O coin. Looks promising to me, but don't know if there are many people want to store info in a blockchain. Do you have an opinion about this coin

I think it is about time to re-evaluate ATMOS. The current pace of development. The eos-forum.org is getting better everyday, and they are close to adding privacy features that will benefit the entire EOS ecosystem. ATMOS will be a 5 dollar coin.