OBITS Is Undervalued Relative To Its Potential

in obits •  7 years ago  (edited)

OBITS is the official share token of OpenLedger. It enables speculators to essentially own a part of the decentralized exchange's future and to partake in the profits of its operation. This is handled by sharedrops and coin buybacks which help to reduce the overall supply available.

Yet most intriguingly, OBITS is also beginning to benefit from the introduction of additional projects that enhance the overall operation of the OpenLedger ecosystem. Understand that OBITS is the catch-all currency of the various decentralized projects and ecosystems orchestrated by CEO Ronny Boesing. Apart from some revenue sharing privileges, ultimately the trickle down beneficiary of every new endeavor is the open decentralized exchange that profits from increased activity.

For those interested, I encourage you to look into OpenLedger's ecosystems. Consider HubDSP, ICOO, and BTSR for example. Some new projects that have received fresh funding include:

– eDEV.one
– GetGame
– Apptrade
– OCASH

The one that gets me most excited is OCASH, which is a payment card capable of tapping into the stablecoins trading on OpenLedger such as bitUSD, bitEUR, bitGBP, and etc. The implication is a crypto-based card that can act like a debit card and provide meaningful access throughout the world. This allows for a crypto offramp (akin to TenX, Monaco, TokenCard), but with an advantage of stable currencies. Additionally, it can further drive increased activity on the decentralized exchange. One can only imagine the synergies that are beginning to emege from these additional projects.

OBITS is poised to be one of the most undervalued crytocurrencies at the moment. By tackling the decentralized financial world one part at a time in a synergistic fashion, OpenLedger is laying down the critical infrastructure needed to become a very powerful financial force in the future. I encourage speculators to conduct some additional due diligence in all of this given the complexity of all that is being done.

I hope to go into more detail when I have time. But I just wanted to give a heads up of a coin that I believe is way undevalued relative to its worth to the world.


Remember to only trade cryptocurrencies using a decentralized exchange! Don't let your assets be vulnerable. Consider signing up for OpenLedger, the premier trading platform and wallet safely located on the BitShares blockchain.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Great. Thanks for sharing. I'm starting to follow you.

Great post, I've got to find out how it all works

Solid blog. I was about to post a similair thread. The biggest group of uneducated investors in mankind has to define the trustworthyness and price of a crypto. It's an interesting world we live in. An interesting website I found: https://www.coincheckup.com. The site is my go to place for crypto investment analaysis and indepth coin research. Go to: https://www.coincheckup.com/coins/OBITS#analysis To see the: OBITS Detailed analysis.