The following is not financial advice.
Welcome to back The Scoop!
This is the next post at a place where we share analysis and opinions for interesting coins, tokens and pure gems in the vast landscape of the blockchain world. There's so many coins out there, but not a lot of free information (looking at you, paid groups) and analysis on them. The Scoop aims to change that by sharing and improving the data available for a given coin.
What is Expanse?
Launched in mid-late 2015 with a small team and no ICO, it has grown up to hold it's own. It's the "first stable fork of Ethereum" with a focus on DAO services such as Identity, Equity, Commerce, Governance and Charity.
Quick Technicals
Algo: Dagger
Block time: 30 seconds
Block reward: 4 EXP
More details at Bitcointalk:
https://bitcointalk.org/index.php?topic=1173722.0
Where's the wallet?
https://www.github.com/expanse-org/mist/releases
Along with the (original) whitepaper:
https://docs.google.com/document/d/1ITNRmZ0dTse-aZqjbWiC9w1n2XpPvKyl4J9BP-liuxw/edit?usp=sharing
How many of them are they?
CMC says ~7m circulating with a total supply of 16m.
Who's the team?
Lots of Blockchain folks.
How is Expanse different?
They have a history of delivering and 2018 should be a pivotal year for them., especially with TokenLab.
2017 year in review:
Pros
- solid growth
- projects
- reasonable marketcap
- clients and adoption
Cons
- less marketed
- competition
Where is it traded?
It has stops at most of the major exchanges and room for more.
https://coinmarketcap.com/currencies/expanse/#markets
The Final
Based on the FA, EXP looks like a low to medium risk with high reward potential if they continue to deliver and catch on. Picking it up under 30k sats would be bargain or around $7-$8 would be an upper entry while still expecting solid, crypto-style gains.
And that's your scoop!
Thanks for the post, resteemed and upvoted!
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I've been holding EXP for almost a year now and accumulating more when I can. It's one of my favourite cryptos. Highly undervalued in my opinion.
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I think at the posting of this article, with EXP trading at just below 40k sats, 30k would have been a far stretch. :)
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Sure, but dips occur from time to time ;-)
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Little correction: Blocktime: 30s, Reward 4 EXP
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Thanks for the info! Fixed.
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