OK Blockchain Capital 
Written by: Xuchu Zhao Translated by Billy Lau

Market Overview

 

 

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The past week’s daily average global market capitalization of cryptocurrency was $263.67 billion and the daily average transaction volume was $12.82 billion, indicating a incline of 0.5% an decline of 11.4% respectively. The daily average market capitalization of the top five cryptocurrencies increased by 0.46% from the previous week. Among the top five – all of which decreased in price – EOS has experienced the greatest price decrease by 37.44% in the past week.

Data source:coinmarketcap

Of the top 10 cryptocurrencies that increased this week, 70% of the projects were of the vertical industrial application sector. Also, STX of gambling sector experienced the greatest increase in price by 105.69%.

Ranking Project Token Field Brief description Trading amount(24h) Token price Increase/7d
1 Stox  STX Gambling STX is a token used in its gambling ecosystem. $4.62M $0.4158 105.69%
2 Sumokoin SUMO Cryptocurrency and payment SUMO is a digital currency used for confidential transactions. $484K $1.05 93.4%
3 LOClcoin LOCI Autonomous Organization LOCI  hopes to become a platform that is free and efficient for joint ventures, creativity, and talent. $107K $0.0691 88.78%
4 Metaverse ETP Basic chain and protocol ETP is a decentralized public chain project. $7.89M $1.37 77.36%
5 Aurora AOA Basic chain and protocol AOA is committed to becoming a blockchain project that links industries and promotes application. $363K $0.05 60.34%
6 Coversting COV Asset management The COV platform allows users to access the portfolio of other cryptocurrency traders. $143K $1.1 58.29%
7 KickCoin KICK Asset management KICK is the ecological token on the crowdfunding platform KIKICO. $2.73M $0.056 49.31%
8 Hydro HYDRO Corporate services HYDRO is committed to combining an efficient decentralized exchange alliance. $1.49M $0.009 45.94%
9 Bittwatt BWT IoT BWT is a distributed energy trading market. $50.6K $0.038 42.14%
10 Jiyo JIYO Payment JIYO is committed to providing a more convenient payment channel. $77.7K $0.032 42.14%

Data source:coinmarketcap;retrieved at 12:00 on July 13th, 2018

Analysis of Top 200 Market Cap Projects

The market capitalization of top 200 projects decreased by 6.83% compared with that of last week. Based on the main categories of cryptocurrency and payment, public chain and protocol, vertical chain and protocol, and vertical industrial application, the vertical industrial application sector decreased the most.

 

 

Data source: OK Blockchain Capital

Through further classification of the vertical chain and protocol and vertical industrial application verticals, it was found that this week’s corporate services vertical was on an obvious increase at a rate of 40.31%. Medical Insurance and AI verticals experienced the greatest decreases with a rate of 28.93% and 27.78% respectively.

Data source: OK Blockchain Capital

 

Analysis of Newly Listed Projects

 

There were 13 new projects in the market last week (mainly of the asset management vertical), 76.92% of which dropped in price within 24 hours of listing. Most of the newly issued tokens were listed on CoinBene and EthFinex.

New Projects Categories Ratio                      

New Projects Listed Exchanges Ratio

 Data source:Coinmarketcap、feixiaohao、OK Blockchain Capital analysis

Table of newly listed projects

Project Token Field Exchange Platform Initial Listed Price($) Current Price($) 24h Trading Volume($) Launch Date
Coni CONI Exchange platform token CoinBene 0.0947 0.1028 1.55M 7/7
Fanstime FTI Entertainment HADAX 0.01 0.0068 544K 7/7
Popchain cash PCH Content copyright Bit-Z、LBank、CoinBene 0.0358 0.0318 739K 7/7
Seer SEER Gambling OTCBTC、QBTC、

Ethfinex、Lbank

0.0089 0.0060 664K 7/7
Essentia ESS Basic chain and protocol Ethfinex、IDEX、CoinBene 0.0555 0.0224 132K 7/7
Karatgold Coin KBC Stable coin CoinBene、HitBTC、YoBit 0.0084 0.0091 285K 7/7
HashCoin HSC Asset management Gate.io、BCEX 0.0025 0.0023 908K 7/10
LikeCoin LIKE Content copyright Qryptos、IDEX 0.0089 0.0077 68K 7/11
Ors Group ORS Payment Ethfinex 0.0479 0.0456 48K 7/11
SnowGem XSG Asset management Mercatox 0.1257 0.1902 21K 7/11
DaTa eXchange DTX Data services BitForex、CoinFalcon 0.0283 0.0278 22.5M 7/12
BeeKan BKBT Asset management HADAX、CoinTiger 0.007 0.0075 275K 7/12
Mossland MOC Payment BCEX、GOPAX 0.0688 0.061 209K 7/12

Data source:Coinmarketcap, Feixiaohao

Analysis of Closed Public Sales Projects

 

 

There have been 25 closed public sales projects this week, totaling nearly 143 million USD. Among these projects, projects of the payment field received most funding. This was closely followed by projects of the cryptocurrency and payment field.

Main categories of public sales project this week

Table of closed public sales projects (7.7-7.13)

     Project           Token      Field            Platform Softcap/$10k
KIMBU ETF Tokens ETF Asset management Ethereum 200
EASY WORK WORK E-commerce Ethereum 16
PerfectChain Network PNN Game Ethereum 400
ZNC Token ZNC E-commerce Ethereum 100
Crowdif CIF Payment Ethereum 450
EkkBaz EKK E-commerce Ethereum 800
Tutellus TUT Education NEM 4000
Delphi Technologies DTT Transportation Ethereum 250
Goldma GMA Asset management Waves 600
Beyond Seen Screen BSS Content copyright Ethereum 100
Cryptfunder CPT Asset management Ethereum 250
Clears CLRS Notary certification Ethereum 1000
Zan Coin ZAN Payment Ethereum 100
ORIS.Space ORGN Entertainment Ethereum 2000
Globitex GBX Payment Ethereum 1000
Open Source University EDU Education Ethereum 34
All-Stocks Network AST Payment Ethereum 200
Senno SNO AI NEO 200
InsCoin INS Insurance Ethereum 200
Rouge RGE Advertising Ethereum 1400
Moneto MNO Lending Ethereum 100
VVToken VVT Asset management Ethereum 610
TIM TIM Payment Ethereum 100
Plutus PLU Payment Ethereum 100
IonChain IONC Payment Ethereum 80

Main data sources: Icobench、 Foundico、 smith and crown、icodata、 icodrops、coinschedule、icoadvert

Secondary data sources:Project websites

Important News on Global Governmental Policies this Past Week

Keeping Up with the Blockchain Giants

 

 

 

 

Hot topic of the week: Is EOS Random-access memory (RAM) used for trading or for actual use?

 

 

  • “One day in the blockchain space is equivalent to a year out of the space.” The conversions of hot topics in the cryptocurrency market is always unpredictable. When most people are busy looking for high-performance public chains, exchange platform tokens suddenly became the new trend. When investors rushed into various small and medium-sized exchanges, Fcoin quietly rose to the top. When exchange platform mining became the new hot topic, it was taken over by EOS: EOS’ RAM.
  • RAM is a very important resource in the EOS network. Creating EOS accounts, creating EOS smart contracts, and performing EOS transfers will consume memory resources. The user needs to stake a certain amount of EOS to the system account in order to obtain the corresponding memory usage right. The stake price is determined by the market demand, and the user can also transfer the memory according to real-time price.
  • In order to keep the supernode running efficiently, EOS’s current total RAM is temporarily set at 64G. For the programmers who are developing on EOS, the purchase of RAM is needed, and the total amount has led to the temporary scarcity of RAM on EOS. A large number of speculators have gone forward and pushed the RAM price up to 0.93EOS/KB. Compared with 0.02EOS/KB on June 20, the increase is close to 50 times.
  • As the cryptocurrency market has been moving at a declining rate, this issue has attracted more negative speculators. The speculators are influencing the secondary market by trading and speculating about EOS’ RAM. Developers can only helplessly pay for the high costs. As of the release of the report, the RAM usage of EOS exceeds 80%, and the number of Dapp developers in use of RAM is less than 2%.
  • Analyst evaluation: EOS’ exclusion of handling fees and almost real-time arrival of transactions provides users a seamless experience. The increase in RAM price has also made profits for many early investors. However, as a project that has just lifted off, the excessive development costs have prevented the wide scale development of Dapps on EOS. As for the value of EOS’ RAM, the practical demand is of utmost importance. Without the demand for the practical needs for RAM, then investing in RAM is worthless. The speculative trading of EOS RAM is simply a temporary wave that may end badly without the support of ecosystem.

Appendix: Upcoming Crowdfunding Projects(7.14-7.20)

Project Token Public offering launch date Public offering close date Field Token Quantity Public offering percentage* Hard cap
AVINOC AVINOC 2018/7/14 2018/7/31 Tourism 1B 40% $15M
Health FX HFX 2018/7/14 2018/7/29 AI 2B 50% $38M
B21 B21 2018/7/14 2018/9/15 Asset management 1B 50% $29M
KSYS Token KSYS 2018/7/15 2018/9/31 Tourism 100M 32% $4.2M
Scienceroot ST 2018/7/15 2018/8/15 Payment 100M 30%
LAPO Blockchain LAX 2018/7/15 2018/8/1 Payment 10B 30% $500M
NOIZ NOIZ 2018/7/15 2018/8/15 AI 1B 50% $25M
KuBitX KBX 2018/7/16 2018/8/31 Payment 1B 50% $5M
NordCoin Mining NRDC 2018/7/16 2018/8/16 Asset management 15M 85% $1M
Accounting Blockchain TAB 2018/7/16 2018/9/30 Asset management 100B 22% $4M
Freldo FRECN 2018/7/16 2018/8/16 Corporate services 1B 60% $2M
Disciplina DSCP 2018/7/16 2018/7/19 Digital identity 100M 75% $3M
Fysical FYS 2018/7/16 2018/7/21 Data services 1B 40% $18M

Appendix: Upcoming Crowdfunding Projects(7.14-7.20)

Project Token Public offering launch date Public offering close date Field Token Quantity Public offering percentage* Hard cap
EyeGlob EYE 2018/7/17 2018/8/7 Medical insurance 2B 50%
Tedchain Network TED 2018/7/17 2018/10/8 Game 2B 50% $3.5M
EIPlatform EMI 2018/7/18 2018/8/8 AI 100M 75% $60M
Inmediate DIT 2018/7/18 2018/7/22 Insurance 1B 40% $16M
Bitforex BF 2018/7/20 2018/7/25 Exchange platform token
MIBcoin MIB 2018/7/20 2018/8/10 Cryptocurrency and payment 1B 13%
Rewards Coin REW 2018/7/20 2018/8/11 Tourism 25M 70% $5M
ArtWook Coin AKC 2018/7/20 2018/8/1 Asset management
Sunxcoin XNS 2018/7/20 2018/8/31 Asset management 10M 50% $10M

The writer of this post is a guest. Opinions in the article are solely of the writer and do not reflect Null TX's view.