Expanse Analysis ($EXP)

in expanse •  7 years ago  (edited)
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!

Nobody is perfect. See anything I didn't quite get right, or needs correction? Please let me know!
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One more time in case you didn't see the first two: this is NOT financial advice! Also, The Scoop authors may hold coins discussed here which may creates some bias, but we try to be fair.
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Thanks for the post, resteemed and upvoted!

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.

I think at the posting of this article, with EXP trading at just below 40k sats, 30k would have been a far stretch. :)

Sure, but dips occur from time to time ;-)

Little correction: Blocktime: 30s, Reward 4 EXP

Thanks for the info! Fixed.