Atomic Wallet Coin is SHOCKINGLY Undervalued ~750k Market Cap

in cryptocurrency •  6 years ago  (edited)

Hey, Steemit! Its my first post here (woo!)

I’ve been lucky enough to have found QNT and LTO early on and made a good profit from them. I’ve found a third project that looks extremely interesting and I’d like to share my research here. My background is in digital marketing and this project stood out to me, especially from a marketing and biz dev perspective, which I’ll share below.

Feel free to correct the record if I’ve posted anything incorrect and I will update it (I’m a human being, I make mistakes, okay!) Additionally, the CEO is constantly answering questions on Telegram!

TL;DR at the bottom.

The project is Atomic Wallet Coin. $AWC

  • Market cap is ~750k at the time of writing this
  • 1 AWC = $0.075
  • Circulating supply is ~10M
  • 40k active users
  • 150k+ downloads
  • Currently only available to trade on IDEX

WHAT IS ATOMIC WALLET?

Atomic Wallet is a non custodial crypto wallet for desktop and mobile. Users can exchange and buy 300+ cryptocurrencies from a single interface. The wallet can perform cross-chain atomic swaps.

It’s an exchange built into a wallet.

Shapeshift and Changelly are partnered with Atomic to add additional currency swap pairs + fair rates. Fiat/crypto gateway is supported directly through the app.

Atomic has over 40,000 monthly active users and boasts 150k+ downloads.

The project is one of the first to migrate over to Binance chain. They are currently in the process of getting listed on Binance DEX. Half of their supply will remain ERC-20 and the other half migrated to BEP-2.

https://twitter.com/cz_binance/status/1119047237076541440

https://twitter.com/atomicwallet/status/1119242545706434560

https://github.com/Atomicwallet

http://atomicwallet.io

20 FULL TIME EMPLOYEES AND CEO WITH PREVIOUS TRACK RECORD

Konstantin Gladych self funded Atomic Wallet with his own funds. He previously was the CEO and co-founder of Changelly, a fully compliant crypto exchange service which has been around since 2013 and has serviced over 2 million users across the world.

“Changelly's trading algorithms are integrated into large and reputable trading platforms, such as Binance, Bittrex, Poloniex and HitBTC” - Wikipedia

Konstantin holds a PhD in data science/machine learning and left his CEO position at Changelly to develop Atomic Wallet full time.

The team currently consists of 20 full-time employees - 6 developers, 7 support and community managers, 6 marketing and business development, and 1 designer.

https://linkedin.com/in/gladkos

https://en.wikipedia.org/wiki/Changelly

https://www.crunchbase.com/person/konstantin-gladych

https://community.binance.org/t/proposal-for-listing-atomic-wallet-token-awc-on-binance-dex/2093

APPROVED WALLET BY NEO FOUNDATION, ZCASH, GEMINI, LISK, AND OTHERS

Atomic Wallet is trusted by many household names in crypto. This does NOT mean Atomic is “partnered” with these companies, however it adds massive credibility to AWC considering they trust it enough to add it as a recommended wallet on their websites.

Take a look for yourself:

https://neo.org/client

https://z.cash/upgrade/sapling/

https://gemini.com/dollar/

https://twitter.com/LiskHQ/status/1121357080173133824

95,000+ UNIQUE VISITORS PER MONTH TO ATOMICWALLET.IO

Atomic Wallet has an A+ marketing team.

Here’s a quick snapshot of how well atomicwallet.io is performing (see above). They’ve gone from 0 to 95k unique visitors per month in well under one year. Purely from Google search traffic. This doesn’t include traffic from Twitter, Facebook, and other sources. It also was during the worst bear market in crypto history, when these search terms would be at a low.

Let’s see how Atomic Wallet measures up against some well-known sites:

myetherwallet.com 802k/mo

Ripple.com 580k/mo

Ledger.com 401k/mo

Exodus.io 172k/mo

Coinmama.com 165k/mo

Shapeshift.io 149k/mo

Electrum.org 125k/mo

Atomicwallet.io 95k/mo

Freewallet.org 70.9k/mo

Trustwallet.com (Binance owned) 24k/mo

Atomic Wallet has virtually caught up to or exceeded many of it’s competitors in terms of traffic in well under a year. Turning this traffic into downloads/new users is child’s play. It’s one of the reasons this company with 20+ employees is already profitable in just a few short months.

So, how is this site getting so many visitors?

Here are a few search terms that Atomicwallet.io ranks on page 1 for on Google.

Open up a new tab, visit Google.com and see for yourself!

“EOS wallet”

“ETH wallet”

“BNB wallet”

“Buy Bitcoin”

“Ethereum wallet”

“XRP wallet”

“Ripple wallet”

“DASH wallet”

+27,100+ additional search terms that bring in a total of 94,700 visitors per month. Purely. from. Google. Search.

$AWC TOKENOMICS

Atomic’s website does a thorough job of explaining the tokenomic details of the $AWC coin. The tokenomics mirror the standard use-cases you would expect from an exchange token (Bibox, KCS, etc.) The CEO recently expressed his interest in adding staking rewards for AWC holders. He is also exploring the idea of having IEO-type listings for Atomic Wallet users/holders in the future. New projects could theoretically debut directly on their platform and be traded against $AWC, similar to how Bitmax runs IEOs.

Currently, 90% of the total supply is locked up and Konstantin has announced his intention to burn tokens, further reducing circulating supply.

Here are a few of the use cases for $AWC:

  • Staking rewards for holders
  • Discount on exchange services
  • Discount on buying crypto with bank card
  • Extra features for trading desk service
  • Dedicated support managers
  • Payment for coin listings
  • Affiliate and bounty rewards

The team is looking to make $AWC directly tradeable from the app in the future.

With thousands of new Atomic Wallet users per month, this is an incredibly exciting feature.

https://atomicwallet.io/token

FINAL THOUGHTS

Atomic Wallet will grow to an active user base in the millions. Every crypto holder needs a wallet. Atomic provides a user-friendly wallet for newbies getting their feet wet in crypto. Most newbs aren’t going out and buying a Ledger/Trezor right away. Building an exchange directly into the wallet provides a safe and easy way to trade crypto assets.

The number of cryptocurrency users and addresses are growing exponentially. Atomic wallet was created during the bear market. They are perfectly positioned to take a massive share of the increasingly competitive crypto wallet market during a bull market/alt coin season.

In my opinion, they’re on track to be the #1 desktop/mobile multi-crypto wallet.

As someone who is experienced in search engine/digital marketing, these guys have an ace marketing team. Even beating or ranking just below Coinbase for many competitive Google search terms in just a few short months.

I have zero doubts that they will blow past every single one of their roadmap goals, especially as Bitcoin continues to climb in value and more people start buying crypto.

Despite short term fluctuations in price, Atomic will continue to onboard thousands of new users every single month. The traffic numbers don’t lie. The Google search rankings don’t lie. Atomic will need to be wise about how they monetize this traffic.

The company is already profitable. The CEO is well connected and has proved he is highly competent in creating and successfully running a crypto exchange.

I have a lot more info to share about this project if there is interest, I’ll post a part 2 or a follow-up in the comments.

A profitable company of this caliber with 20 full-time employees isn’t justified at a ~$750k market cap.

https://atomicwallet.io/roadmap-for-2019
https://medium.com/@mccannatron/12-graphs-that-show-just-how-early-the-cryptocurrency-market-is-653a4b8b2720

ADDITIONAL LINKS AND FURTHER READING

  1. https://atomicwallet.io/
  2. https://twitter.com/atomicwallet
  3. https://t.me/atomicwalletchat
  4. https://github.com/Atomicwallet
  5. https://www.coinbureau.com/review/atomic-wallet/
  6. https://community.binance.org/t/proposal-for-listing-atomic-wallet-token-awc-on-binance-dex/2093

TL;DR

  • Data science PhD CEO with previous success in building crypto exchanges
  • Project is self funded by CEO.
  • Didn’t perform an ICO
  • Profitable in less than 6 months
  • 150,000+ downloads
  • 40,000+ active monthly users
  • 95k+ unique visitors per months on Atomicwallet.io
  • iOS wallet release in 1-2 months
  • 20 Full time employees. 6 in marketing and biz dev
  • Exchange built into wallet
  • Trading desk coming Q3
  • 90% of supply is locked
  • $AWC will be directly purchasable from the app in the future
  • Team is in contact with 20 top exchanges for listings (Bibox, Bitmax, or Kucoin listing imminent?)
  • Updated tokenomics includes staking for $AWC
  • Only 10MM circulating supply
  • Quarterly coin burns
  • First page of Google for “Eth wallet” + 27,000 other crypto keywords
  • On trajectory to become #1 crypto wallet
  • Recommended wallet by Neo, Zcash, Lisk, Gemini Dollar etc.
  • Only listed on IDEX

Currently at 750k market cap

2.7MM market cap is a 3.6x from here.

5M market cap is a 6.6x from here.

8MM market cap is a 10.6x from here.

DYOR.

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nice wallet!!!👍👍👍

Great job! Thank you for such a valuable research!

I think they are now also available for trade in Binance DEX since they moved to that DLT.

You got a free upvote from @reversed-bidbot! Follow me to earn steem by interacting with my promoted posts.

Very good job man!

If you install the wallet you will receive 20 awc tokens for free, you can use the following promo code: Y6NA1
For more information you can see the following video