From ICOs to The Usable Daily Credit Card Within The Block chain
Early this year series of ICOs initiated to address key problems regarding liquidity, transfer and fiat conversion of all digital assets and digital currencies; creating a day to day purchasing power with either ERC-20 Tokens, based on Ethereum block chain or other digital currencies and assets on different blockchain platforms.
Two months ago a very nice general summary article has been published in Steemit by @cryptowallet regarding key differences between three leading Token Credit cards in the block chain technology and therefore, I am not willing to discuss details of the each token in this article and you can refer to this article (1) for further details.
Therefore, The sole purpose of this article is an update in the current trend of leading credit card for the block chain technology. In a nutshell overview we can recall the first fastly sold-out Token Credit card ICO that was offered by Team of TokenCard! which lost their strength and influence over another highly promising and similar tech group known as Monaco! executed their last minute ICO on Jun and regardless of all accusations regarding similarities between the two Tokens, Monaco CEO spent a plenty of time in the beginning of ICO to publish series of 21 youtube video to discuss about all FUD created by competitors and people who were not happy with the project.
At the moment of writing this article TokenCard (TKN) Market Cap is $28,972,244 and Monaco (MCO) has $64,206,697 market Cap with values of $1.23 and 6.54 respectively based on Coin Market Cap real-time data.
What about The Tenx card then?
It is the leading among all. It has a product ready for the market; currently rank 3rd in digital asset market cap with $476,882,979 and value of $4.5. Within the last few days, we have seen a huge bullish trend in the value of the asset as Token holders received their cards which are already usable for day to day purchases and expenditures. Furthermore, Tenx raised nearly $70 million in an ICO on June 24th that sold out in around ten minutes due to very high demand for PAY tokens. Those investors, which according to their web page and ICO literature includes Vitalik Buterin through Fenbushi Capital, have now turned a nearly 10x profit in just over a month as the summer boom of digital currencies continues.
I personally gain almost 1 BTC due to my small investment in their ICOs and doing series of trades within the last two days. That's my main incentive to share with you this update. Potentially if everything goes according to the plan we have to see a similar trend for the Monaco Card by the September as the company plans to release their apps and potentially first series of the Black card holders will receive the promised credit cards Also They are about to add their token exchange in Binance!, China's fastest growing exchange platform which has its own ERC-20 Token which is fastly growing among Chinese communities with current market Cap of $125,444,000.
The Video Below Shows real-time usage of TENX VISA card \m/ Rock it ...
Does Monaco's recent value is a real hint for its next month mooning! Or just big play due to the low current market cap ?
It is really funny in a meanwhile and at the same time questionable that why as soon as the market cap of the Tenx raised up and the value of the token reached to almost 5 euro. Suddenly whales played a major role and Monaco which has not released any potential update in their product raised significantly from a price of 1 euro to above 3 euro. This type of behavior of traders sometimes is really dangerous because it creates a trap sites for investors who are hungry of investment and lead to potential losses. I personally suggest all the investors to regularly check the reviews and outcomes of projects based on their roadmap mentioned in their white paper. Prior to rushing for a coin. However, in the case of Monaco, it seems people are rushing to the coin for the expectation of seeing a similar trend as Tenx on the months of September based on rumors and updates in monaco-card slack channel.
Personally I invest in both TENX and Monaco and eventhough the Token card originated an idea for Base of Token conversion but I see no sustainable future for their projects to compete with either of the Former mentioned tech companies. Tenx has already realeased and on test product. Monaco with lots of rumors and negative feedback gave a lot of promises to the asset holders and they are waiting for a big news on September. If they fullfill their promises and come up with their progress report my personal view is that Tenx and Monaco would be the leading market holders unless revolutionary offers by competitors join the game.
Here we go with another update with Planet-x and we are pretty much fascinated with the idea of writing for the value. if you have negative or positive comments on my content and any constructive suggestions please share your ideas and comments with me. If you like the content please re-steemit and upvote for the content.
Last I would like to thanks from my Lovely Friend getting to the business of Decentralized cartoon ! :D and sharing with me her sense of Humor on three leading Credit card. I will definitely will share her fun cartoons in all of my future contents. If you like the content and the pics upvote.
Love you all and Peace,
Planet-x \m/