China, one of the biggest market in the world, finally seems to have its own flagship blockchain cryptocurrency, Antshares (ANS).
What is Antshares?
Antshares has so much in common with Ethereum that can be defined a Chinese competitor of Buterin's creature. It has been around since 2014, with a steady development and a stable team. It's living a golden period due to its rising popularity in the Chinese market. At the moment it's traded on Bittrex (only western trader atm) at around $3.80, with a constant growth day by day.
Why should I invest on Antshares?
- It has received the Chinese government's endorsement, which is fundamental for every Chinese start-up to grow and actually see the light.
- Access to one of the biggest market-pool in the world, that already showed how strong is its influence (see Litecoin).
- China is very patriotic on their own projects, so they will more likely support their own Ethereum version than the original one.
- They announced a partnership with Microsoft (Link here).
- In 4 days they announced a way big conference, that will lead to an huge update, with new partenships and a "special guest". All this will likely make the price explode.
- The partnership with the Government will likely get to explode the relatively limited market-cap of $165M.
Why not?
- Being a chinese project, their site isn't really well translated and you'll probably have hard times rescuing any information.
- We are talking about China, everything can happen at anytime. But hey, it's a bet.
If you're curious now, this is the official site: https://www.antshares.org/en-us/Home
The Bitcointalk page: https://bitcointalk.org/index.php?topic=1571738.0
The Coinmarketcap page: https://coinmarketcap.com/currencies/antshares/
Hopefully, this Chinese train will lead many of us to Moneyland station.
Thank you for reading, if you liked this post, please upvote, resteem and follow me. I'll be very thankful!
Good points! I also described some points on why I believe Antshares can go well over a $10,000,000 market cap: https://steemit.com/cryptocurrency/@deanpress/antshares-from-china-the-highest-potential-and-most-undervalued-crypto-currency-on-the-market
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Yeah, I'm so angry I didn't buy it sooner. I like this coin a lot. I know there is a lot of hype around it, but this one is here to stay. Hype or no hype. I believe it.
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Bought it on a whim. Doubled my Bitcoin in one day. :-)
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Vamos a ganar!
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Bought a 1000USD worth of antshares today! To the MOON!
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Sky is the limit!
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I think this is going to be the next big thing, mostly just because of China liking to support their own projects. China is responsible for something like 75% of the daily volume in Bitcoin. If even ten percent of that goes to Antshares, it's going to BLOW UP!
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That's what I was trying to point out!
Look at the market, it's already rising!
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Well the logo sure got me! If Doge has buyers this will too, for sure!
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Marketing at its best!
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one of my problems was the logo i did not go in. duno seemed not very appealing to me :D hope the rebrand does his thing ;-P #MoonForSure
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thaks a lot for the good information.
It was hard to find information about ANS in english
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You're welcome, that's one of the main reason i wrote this :)
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Antshares or NEO has a huge future. I put half of my ETH into ANS already.
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You did well, I'm personally way more confident in ants then in ETH. ETH is just too fishy IMO. Let's see, where the ANS price is at the end of the year.
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