Hush (HUSH) is a $1.1 Million Market Cap cryptocurrency that is a fork from Zcash. Hush is an anonymous coin that uses Zerocash protocol. This is a new coin that launched in July 2017, meaning there were only a few months worth of development, but also that this coin has great potential.
Hush is basically Zcash without founders rewards, a major win for Zcash as founder rewards is low quality. Sure, there are other forks out there, but none have such a huge potential with such a low market cap. ZenCash, the most similar fork, currently sits at $14 Million. ZenCash is similar to Hush, yet Hush has more features, such as anonymity.
One of the members of the Zcash developer team is also the lead developer for Hush, David Mercer. He is not only the lead developer there, but also working FULL time on Hush, promising a good shot at being completed soon. The team has 6 members, unheard of for a $1.1 Million Market Cap.
Another feature upcoming in Hush is to create counterpart-based assets with the security and anonymity of Hush. These assets will be compatible with Ethereum. smart contracts as well. These features make Hush a very unique coin.
Here's the downside... currently, you can only trade Hush on Cryptopia, though this can be a good thing. There will not be as many eyes on this coin until it hits the markets, and thus exchanges like bittrex. Once it joins a major exchange, the price will raise greatly again.
Now for where you take the risk. The company is more focused on marketing instead of spreading awareness. They say they will spread more awareness once they have a finished product. You won't find people talking about this on twitter because no one really knows. This obscurity will likely change within a couple of months, thus making it popular. It's up to us if we want to make it famous now, or keep it under-wraps as we gather more coins.
I believe that Hush could be worth at least $50 within 6 months based on the Counterparty port and the standalone Hush messager. Even a $10 million market cap is possible within a couple of months.
So what do you guys think about this coin? Will it success? Will you invest in it?
*Information gathered from Reddit user jshogren10 and website myhush.org
I, personally, will be investing this this coin in the near future once I get my payout from my current stocks.
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