All posts by Captain

Introducing HERO Token for Banking in South East Asia

This post is about a new HERO Token. This is a token for banking in South East Asia. To under the HERO Token, you first need to understand the broader climate in South East Asia. It seems like a lot of older crypto folk from the US and western Europe don’t know or understand the South Asian markets and their dynamics. However, blockchains are global technologies, and increasingly, we’re seeing a lot of new products and innovation coming from other regions as well. HERO is a token that squarely belongs to South East Asia.

Introduction

Firstly – the people and internet. You’re talking about twice the size of the United States, so there’s a significant market there. There is good, but not great internet penetration. This is tricky to quantify but let me try. If the region is too early, then there won’t be enough traction. If it’s too late, there is not much growth. Around 30-50% is, in my view, the best time to enter these markets because everyone knows about the power of the internet by now, and there’s still ample growth opportunities because not everyone is connected yet.

SE Asia Internet Penetration

Secondly, the banking sector. In this region, the banking penetration already lags internet penetration, and the gap is only going to grow. With mobile phones, it is much easier to get access to the internet than to get a bank account.

Banking Penetration SE Asia

As you can see, the banking services penetration severely lags internet penetration, especially when you look at the growth rates. In addition, you can see the very poor penetration of credit cards in these markets. In such a market, the use of cryptocurrencies as a store of value and means of payment is pretty evident. Look at the total internet users snapshot this time –

SE Asia Internet use

You can see how large the populations are, and how much of a market scope there is. If the internet growth outpaces banking growth as it did over the last few years, how will the markets change? There is a clear need for blockchain technology solutions that are digital for payments and wealth storage.

The HERO Token

Enter the HERO token. It is a leading fintech company native to South East Asia, and helps with providing credit locally. They are taking on the huge lending industry, which is entrenched in its old ways and doesn’t leverage the power of the internet.

The way it works is simple. On the borrowers side, it provides loans, first collateralized and then expanding into uncollateralized ones, so borrowers have instant access to credit. On the lender side, it allows investors from across the world to access a booming and growing economy of South East Asia and make much higher returns on their money than their usually Western markets like US and western Europe.

The team has already demonstrated its capability with a PawnHERO token, which is a different blockchain-based take on the whole pawn shop experience. However, the team has much bigger plans, and is therefore looking for a token sale to help expand and grow their business. As a fintech pioneer in the region, it is working with limited data on reputation and credit scoring algorithms that will help it retain its lead in the market. Here’s a quick infographic on how the process will work –

HERO token

The ICO

The HERO token will undergo an ICO so that the token is distributed among participants. Unlike many other ICOs on the market today, the HERO ICO will distribute 80% of the tokens to the public and only keep 15% for the team. This is a good move, because the people need to take the risk-return in the market and will help investors who put money into the project at such an early stage.

If you want to learn more, check out the official website. If you want to invest in the ICO, we strongly suggest all investors and potential investors to read the whitepaper too. Finally, you can find the Bitcointalk ANN thread here for community discussion.

Introducing Delphi: The Silver to Gnosis’ Gold?

Delphi

Prediction markets are a hot commodity, and a perfect application for crypto markets. They are usually disallowed by the government, so it makes perfect sense to create them on a decentralized blockchain out of any single entity’s control. They have been shown to be a source of extremely valuable information on a number of different occasions and for many different use-cases. They interest the punters and the academics alike. They will also especially appeal to the crypto-crowd given how much the people in the space like speculation.

So on the heels of Augur and Gnosis, the two big giants in the prediction marketplace, is there room for a third? Akin to Litecoin being branded as the silver to Bitcoin’s gold, is Delphi the little brother to Gnosis? Let’s find out a little more about Delphi.

Structurally Similar to Gnosis

Delphi is created to be compatible with Gnosis. However, the real differentiator between them comes from how the oracle system is organized. Delphi has a more robust set of oracles that run through a multi-sig so a compromise on one of the oracle doesn’t lead to immense losses on contracts. You can read more about Delphi’s recently introduced ‘Pythia Framework‘ on their blog for more details.

Then, there is the issue of token distribution. Gnosis, as much as the team may deny it, had a really unfair ICO. They issued just 5% of their tokens. Almost to prove this to be an anti-thesis to that model, Delphi have pledged 95% to the community and just 5% for their own development efforts.

This will be a big differentiator between Gnosis and Delphi. When it comes down to it, a fair token distribution is really important for crypto projects to succeed, because otherwise there is not enough skin in the game to make efforts for success by the community. It is better for the tokens to be widely distributed than be hoarded by the development team.

The token parameters are similar for both Gnosis and Delphi. In Delphi, you buy into Del tokens that release Phi tokens to be used for fees on the network. The Del tokens in this case are similar to the GNO tokens in Gnosis.

Anonymous Team

Now this is a big one, and can go both ways. Although the recent trend, especially for Ethereum ICOs, has been towards open teams, and we understand why, this is the exception in crypto, not the norm. The team claims that being anonymous helps them avoid any government intervention, considering several governments haven’t been too kind to prediction markets in the past. However, it makes it that much easier to pull an exit scam and run with the money. Trust us, we are equally worried about the possibility. But given the risk-return profile of the project, we’d still like to talk about it and give the team the benefit of the doubt, at least for now.

The team has maintained clear thoughts on the project throughout, even though there isn’t much code released yet before the ICO. You can check out the team’s blog on Medium to learn more about the philosophy behind the project and support them if you agree with their vision.

Check out Delphi now, and their ICO is still ongoing for those interested.

Photo Credit: flickr

TokenStars Announces New ICO to Tokenize Celebrities’ Careers

This is a sponsored post by TokenStars

The celebrity talent management industry is larger than many Fortune 500 companies and even many countries’ GDP (including EU countries), boasting over $40 billion in contracts under management. TokenStars’ new ICO aims to disrupt this market, which is currently dominated by a few key players, and share the newly-created value with community members. This is the first project to tokenize massive celebrities.

The ACE project begins with tennis players (1 billion fans worldwide), after which TokenStars will move on to football (GOAL Project) and others, eventually expanding into poker, basketball, hockey, and even movie stars, music bands, and models. Eventually, all of these verticals will be combined under a shared infrastructure with the STAR index token, so early supporters will get a priority seat.

Based on the proven talent management agency (TMA) business model, ACE is a low-risk global project whose goal is to introduce tennis fans to the blockchain world. The top 20 players already have 172 million active fans, and TokenStars will put special emphasis on global PR and marketing to get the other 0.8 billion on board. The opportunity to help sponsor the next mega-star and get exclusive offers should be very appealing.

How does it work?

Currently, aspiring players are limited in their means of financing their success. Some stars like Tiger Woods and Maria Sharapova were fortunate to have support from their parents, but many must depend on loans from friends and/or small grants from local sports federations or TMAs. This puts most of the decision-making power in the hands of TMAs, and lets many rising stars slip through the cracks. With the ACE Project, supporters can crowdfund the effort to find the best talent worldwide.

ACE provides young aspiring tennis players the funding and promotion they need to have access to the best resources and get to the top of the sport, without getting discouraged and dropping out. Successful women and men will earn prize money (less than $1m for a 400th-ranked player, $60m+ for a top-5 player) and celebrity status, which will then lead to sponsorship deals, which are roughly 5-10 times larger than the prize money earned over the player’s career.

Decentralization

Talent sourcing and promotion will be handled by two separate decentralized entities: the Global Scouts Network and the Global Promoters Network. To find new talent, tennis coaches will be paid a referral fee which can be as high as their annual salary, which should provide a high-quality flow of candidates. The robust talent promotion stimulus (10% of the contract) is well within and above the market, and should provide a good flow of sponsorship deals to the players.

Key decisions will also be decentralized, using the DAO mechanism. A single biased sports agent relying on his gut feeling will not always make consistently good decisions, but a well-informed crowd that relies on analytical reports can be counted on to make decisions that will benefit everyone.

Main benefits

The ACE Project and all following projects are designed to be of maximum value to all stakeholders. Purchasers of ACE product tokens will get unique opportunities to communicate with stars, get one-on-one training, VIP tickets and books, business endorsements well below market price, and more. Athletes will receive collective support from the community, which was previously impossible, and the decentralized key processes of scouting and promotion will dramatically lower costs and shift most of the created value to the community.

About TokenStars

TokenStars is the first blockchain company to tokenize massive celebrities. It aims to provide funding and promotion resources to rising stars by disrupting and decentralising the talent management industry. Starting with issuing ACE tokens for the tennis vertical, the company plans to expand with new verticals, including football, poker, basketball, hockey, cinema actors, musicians, and models.

Follow the project’s social media channels on:  Facebook  Twitter  Telegram  Slack

 

Crypto Asset Proliferation, Liquidity, and the Bancor Protocol

I believe crypto assets will be the future, and asset managers from around the world better heed this brave new world. Very soon, crypto assets will become a core part of a well-diversified portfolio. Some enterprising portfolio managers will allocate up to 5% of the portfolio wealth to crypto assets. Others will limit it to 1%. Slowly but surely, the movement will gain momentum. Today, all crypto-assets are valued over $100 billion, We’re already in serious money territory.

The Future of Crypto Assets

The future of crypto-assets would be the proliferation of many of them. If you think the 700 odd crypto assets today is a lot, wait till you get tens of thousands. If it benefits a few projects, it will benefit a lot of them. Today, not even 0.1% of the world population owns crypto assets. Imagine when entrepreneurs from around the world will be able to use them to build future economic value on the blockchain.

So one big problem that portfolio managers will encounter when investing in crypto assets is liquidity. No good manager worth his salt will touch a situation akin to ‘penny stock’ where there are a few buyers in town, usually looking for a quick pump and dump. In addition to liquidity, access to markets is also essential, i.e. the asset manager needs to be able to make a decision on a buy or sell for a crypto-asset and make sure his traders are able to execute that trade without a lot of slippage or excessive fees. This goes for both buying and selling these assets.

Crypto Asset Management Challenges

Crypto assets are a special breed of asset class, and today, as big as the market is, still lacks proper, regulated exchanges that can keep up with the volume. Centralized exchanges like Poloniex and Bittrex do a good job when the market is $10 billion, but we’re at an order of magnitude above this. Relying on centralized exchanges to add tens of thousands of crypto assets in the future is a fools errand. Of course, we may see a stock-market like situation where custody and trading are separated, in which case there can be tens of thousands of crypto-assets traded, just like today’s stocks. However, this brings in the problem of custody, and that is very tricky especially with crypto assets. Did we already mention that crypto assets are a special breed in and of themselves?

So what’s the solution to the liquidity problem, and how should new crypto assets ensure that they are able to meet the requirements for a liquid market that will attract money in the market required to fund their projects?

Enter Bancor

Bancor is a new crypto protocol that allows for the decentralized exchange of crypto tokens (currently only on the Ethereum platform), without requiring counterparty risk. The difference between Bancor and other types of decentralized exchanges is that there is no counterparty required, which means the portfolio manager doesn’t need to worry about who is on the other side of the trade. Only a smart contract is on the other side of the trade!

Depending on the project requirement, they can choose how deep the order-book is with the smart contract. This is calculated as a reserve ratio. For example, if a project raises 25,000 ETH and wants to keep 10% deep order books, they’ll keep 2500 ETH in the smart contract, locked away for trading purposes.

Just like regular order books, the price increase with each buy and decreases with each sell. The major point is that there is liquidity in the market without the need of a counterparty.

Newer crypto projects will be incentivized to use the Bancor protocol to issue tokens because they can attract a larger investor base. This won’t be a problem today, but will become more significant in a 5 year time frame.

Photo Credit: Nick Harris

Bancor Allows Anyone to Create and Trade their Own Cryptocurrency

Bancor Crypto

Bancor is new interesting crypto protocol that aims to make it really easy for small communities and individuals to issue their own tokens, while retaining price discovery without being listed on exchanges. Intrigued? Read on.

Market Without an Exchange

The biggest feature that the Bancor protocol provides is the ability for a token to have a market but without having to be listed on an exchange. Anyone who’s been in the crypto community long enough knows how hard it can be to list smaller tokens on exchanges. This is not surprising – exchanges make their money on volumes, and if the trading volume is low, they don’t want to go through the overhead of maintaining that token.

However, the proliferation of the token economy means that many different use-cases arise, not all of them having a high trading volume. Smaller communities and individuals could theoretically issue their own tokens for local causes, but they would never garner the types of volumes established global currencies do. If exchanges don’t list them, there is no market and thus no price discovery mechanism.

This is where Bancor comes in. For the first time (that we’re aware of), Bancor provides a way to create a market for a token but without the use of centralized exchanges. It works through a smart contract on Ethereum. The full details are beyond the scope of this introductory post, so read the whitepaper.

But in a nutshell, when a token raises money, it keeps some of it in a reserve, and issues tokens. These tokens trade in the market based on their utility. The smart contract is written so it can create a supply of new tokens whenever needed, by sending ETH (or another ERC20 token) to the contract. This causes the price of the token to increase. By a similar mechanism, whenever someone converts their tokens into ETH (or another ERC20 token), the price of the token decreases.

Note that this whole mechanism is a ‘conversion’ and not an ‘exchange’. One fear is that the prices may be manipulated by whales if they hold supply via the smart contract and also via external exchanges. This also means that during distress, those who are able to exit their positions first are at a significant advantage over those who are not, since the price continues to spiral downward with selling.

A Basket of Tokens

With a full reserve, the Bancor protocol also allows for the creation and redemption of ‘ETF-like’ baskets but of tokens instead of stocks. The price arbitrageurs will make a profit by ensuring the prices stay in sync. This can provide a fairly stable mechanism for a basket of tokens created using Bancor.

Bancor will have an ICO soon. Check out their website to learn more about the project and keep up to date with their progress.

Photo Credit: pedrosimoes7

Fund Yourself Now (FYN) Targets the Crowdfunding Industry

Fund Yourself Now FYN

Every once in a while we here at Crypto Sailor come across a crypto project that tackles a real problem in a real industry. Fund Yourself Now (FYN) is one such project. Fund Yourself Now is an Ethereum-based crypto project that takes aims at the rapidly growing crowdfunding industry. The industry scope is high – it is a large and growing industry. If FYN can get even a small chunk of the industry, it will be quite valuable.

So what does FYN offer? It is a smart-contract platform built specifically for crowdfunding on the Ethereum blockchain. By being built on the Ethereum blockchain, it removes the element of trust usually required for centralized crowdfunding applications in general.

By removing this centralized trust, Fund Yourself Now is able to create a better accountability and incentive structure for a crowdfunding campaign. This benefits both the projects looking for backers and the backers themselves, since both sides have an incentive to be honest. Ethereum of course offers the team the ability to create a better form of crowdfunding via the use of smart contracts.

A big problem that Fund Yourself Now solves is to keep the team accountable to the backers who are financially invested in the project. The team does this by a smart contract enabled milestone-triggered payment solution. This way the team cannot just abandon the project and take all the money. Instead, the team gets the money only subject to meeting minimum requirements as outlined in their milestones before the backers put any money into the project. In addition, the project backers will have more say in how the funds are distributed via a voting mechanism. This provides some power to the people who are backing projects financially, and doesn’t leave everything at the mercy of the team, that can find it easy to abuse the trust shown by the backers.

Another very interesting aspect of Fund Yourself Now is the creation of a coin marketplace. This marketplace will act as a medium of exchange between the various project-specific tokens and rewards. Since everything is in the form of blockchain tokens, such an exchange will benefit all the projects that are launched on Fund Yourself Now. It also provides much needed liquidity to the backers of the project, who can trade them in the secondary market depending on how the project is making progress. This will allow the backers to ‘exit’ a project that isn’t going according to their vision or what they originally signed up for.

Finally, there is a social reputation system built into Fund Yourself Now platform, which should help with bringing in more transparency. Although this usually isn’t a huge problem in the traditional crowdfunding arena, it is a big step in the right direction for the crypto-backed projects that tend to remain anonymous even while raising a lot of money. With social reputation, there is less incentive for projects to disappear overnight.

Fund Yourself Now is an ambitious attempt at using Ethereum’s smart contracting platform to build a better experience for all parties involved in the crowdfunding process.

Check out the project here.

Photo Credit: Nick Miller

Starbase Creates Incentivized Project Management on Blockchain

Starbase

Starbase is a really interesting new crypto-project that aims to help other companies and projects in the space attract the right talent and incentivize the people properly to ensure everyone works towards success. In the sea of new ICOs being launched as crypto markets reach record-breaking highs, it is easy to be distracted by all the noise. Starbase however is different in that it is not a quick way to make money for the founders but instead is a great way to help the whole cryptocurrency ecosystem move forward.

A Three-Pronged Approach

Starbase is building a three-pronged approach towards new projects in the crypto community. In our view, this is a great use of resources, and something that will be appreciated by the whole community if it works as advertised.

  • Projects: Projects can list on Starbase in order to attract both money and talent. Any crypto project will need both to succeed. By creating a single place that brings all the stakeholders together, Starbase is building a model where new crypto projects are incentivized to move to the platform instead of start from scratch.
  • Investors: For investors, Starbase provides a quick and easy way to find new investment avenues, especially in the nascent crypto-token economy that is just taking off all over the world. In addition, since the Starbase team will do a first-pass due diligence, and the platform will likely not list balatant scams, investor risk is reduced.
  • Workers: There are many talented people in the crypto-economy who were early adopters and believe in the vision of crypto changing the world for good. However, it is very hard for these talented workers to find the right project fit and also be able to gain in the upside of a project they contribute. Starbase solves this problem by making sure that these workers get paid in the project tokens. This way, the workers are incentivized to give their best because if the project succeeds, they make more money. It is a win-win for the projects and workers.

Starbase is building the next-generation blockchain-based crowdfunding platfrom to help grow the entire crypto-economy and move it forward. Of course, the use of Starbase isn’t limited to crypto-projects. However, we expect that the earliest projects to be built on the Starbase platform will come from within the crypto-economy.

Any project needs money to succeed. Therefore, investors are a key piece of the puzzle. In addition, many of my readers are interested in investing in crypto and ICO, so let’s address the key advantages to investors.

Starbase will implement a voting system to weed out obvious scams and really bad projects. This will not be fail-proof of course, but it should reduce the total risk of complete scams or failed projects that investors usually take in other ways. If you see a completely random crypto project in Bitcointalk, the likelihood of it being a scam would be higher than if you spotted the same on Starbase.

Also, the tokens being created by the Starbase platform are liquid like any Ethereum-based ERC20 token. This has become the de-facto standard Ethereum token today. Therefore, plenty of exchanges and platforms will be able to support the tokens.

So Starbase aims to build a whole new crypto-ecosystem that could benefit the entire community. If you want to discuss more, head over to the Bitcointalk thread.

Starbase Email: captain@cryptosailor.com

Photo Credit:  lukas schlagenhauf

Populous Builds Trade Invoicing Platform on Ethereum

Populous Trade Invoicing
Populous is a new crypto project that aims to build a decentralized trade invoicing platform on Ethereum. The project aims to undergo its ICO in July 2017.

Trade invoicing? Yes – one of the most profitable and underestimated markets in the financial industry. What is it you ask? Well simple – it’s the buying and selling of trade invoices of businesses. The reason it is a huge deal is because it provides liquidity especially to smaller businesses. The idea is to find lenders that will lend to the business not as secured debt against its assets, but rather as debt secured by the invoice.

A Trade Invoicing Example

As an example, think of Mom-n-Pop store in New Orleans. Mom-n-Pop store sells children’s toys to Target. However, Target being the giant corporation, it will not pay Mom-n-Pop before the product is delivered. Indeed, there is a whole accounts payable cycle, which can be as long as 120 days for the business. During the time, Mom-n-Pop will need to foot its own bills to grow business.

Now say Mom-n-Pop got a new offer to sell to Walmart. Great! However, Walmart requires the toys to be created and sent to them well in time for Christmas. However, the previous large invoice from Target is pending, so now Mom-n-Pop has no money to create toys for Walmart. How will to get the liquidity – cash in hand – to create these toys, sell to Walmart, and ensure the children in Connecticut are spoiled rotten a little more for holidays?

Enter trade invoicing. Mom-n-Pop goes to an investor that is looking for some high rates of return. Considering how much your bank pays you, there are lots of them these days. The investor has money to lend to Mom-n-Pop but needs a guarantee that his money will be paid. This happens through invoice financing. The loan from the investor is secured against the invoice. As long as Target pays Mom-n-Pop, the investor will get paid. If Target doesn’t pay, say because it is goes bankrupt before it can pay its suppliers, then the investor loses money. Since there is always a risk, the investor will demand a decent rate of return. Mom-n-Pop can now use the cash from the investor to make toys to sell to Walmart. When Target pays out, the money goes to the investor, and any interest is paid through existing profits or from the Walmart expansion. Everyone’s happy.

Enter Populous

So how does Populous work? Glad you asked. Go read the whitepaper. Seriously, never invest in an ICO without reading the whitepaper.

Populous creates a peer-to-peer lending platform that is able to work on the blockchain through ‘stablecoins’ called Pokens. Pokens represent real-world currencies, since that’s the currency most businesses operate in. It provides quantitative information like the Altman Z-score that provides information on probability of bankruptcy, so you know what you’re investing in.

As you’d expect, the system works with a borrower and an investor, but there’s also an administrator. The platform administrator approves and manages clients’ accounts and actions. This is needed to liaise the blockchain with the external world.

Populous is built on Ethereum, and its ICO token is PPT.

Check out the ICO on the homepage. Also check out the Bitcointalk announcement thread.

Photo Credit: Chiaochi

EncryptoTel on Track to Sell Out ICO Before its End Date

EncryptoTel ICO close to finish

EncryptoTel, a crypto-project that we previously introduced to our readers, is on track to finish its ICO well before its deadline of 31st May, as it nears the maximum amount for the ICO. EncryptoTel has capped their ICO at a value of $3 million, or 31st May, whichever is hit first. As of this writing, the EncryptoTel ICO has already raised $2.4 million of the $3 million maximum. The EncryptoTel ICO started on 24th of April 2017. For enthusiasts, the EncryptoTel ICO is still live at their official ICO site.

EncryptoTel is working on the private telecommunications niche, with a coverage of over 100 countries on the roadmap. In addition, it is offering developer APIs so other products or resellers can use the service while using the EncryptoTel technology in the background.

EncryptoTel is opening up an entirely new niche of crypto products by combining its token not just with another blockchain token, but with the real world. The team, smartly, is focusing on a real problem faced by many in the crypto community and the outside world. However, the people in the crypto community tend to be more privacy conscious, and therefore will be more willing customers.

The reception of the EncryptoTel will tell us a lot about the future adoption of blockchain and the service/product world. EncryptoTel is using the blockchain to create a privacy-focused communications network that can be used by blockchain enthusiasts and others. If it has a successful ICO and subsequent trading, EncryptoTel can pave the path for other companies that are working on products or services while integrating blockchains, without that being the primary product or service.

Therefore the industry participants are closely watching the progress of EncryptoTel ICO. Going by the current statistics, it seems like the ICO would be a success. However, for the token to be considered profitable, it will need to trade at a premium to its ICO price, and attract more investors from the early adopters.

Check out the ICO here, and the Bitcoin thread here.

Photo Credit: Flickr

BOScoin Aims to Solve Blockchain Governance

BOScoin is a new crypto project that is taking aim at the problem of governance and smart contracts on blockchains. It is self-described as “Self-Evolving Cryptocurrency Platform for Trust Contracts”. Trust Contracts are quite similar to smart contracts that my readers are very well aware of (e.g. Ethereum smart contracts). These are executable contracts on the blockchain, with rules guaranteed and enforced by the decentralized network. BOScoin uses Owlchain, which consists of the Web Ontology Language and the Timed Automata Language.

However, BOScoin goes beyond, and has a “Congress Network”. This is an important part of the blockchain governance model that BOScoin creates. It helps the system become more robust against attacks like The DAO attack on Ethereum. In addition, BOScoin is able to scale to a much larger number of transactions per second than Bitcoin or Ethereum.

This model of governance is a radically different one than the first generation blockchain governance frameworks developed by the likes of Ethereum and Lisk. In fact, other projects offering similar governance structures like Tezos are really popular with investors, including the billionaire Tim Draper who was an early Bitcoin supporter but is moving towards ICO investing through his venture capital fund.

Ideas like BOScoin hold the potential to leave blockchain contracts with the human-understandable wiggle room – after all, very few things in the real world of human perception and morality are so clearly black-and-white like computer code. This might even help BOScoin scale beyond online contracts into legitimate legal contracts, or at least peer-to-peer contracts that would make it safer for people to enter into than say an Ethereum smart contract.

BOScoin is undergoing an ICO. You can discuss more about BOScoin and the team behind this project on their public slack.  As with all crypto projects covered here, we strongly recommend that investors first read the whitepaper before putting any money down, and only invest if they understand the idea and like it for the long-term, not just short-term speculation that can easily burn you.

BOScoins will be distributed in the ICO, and the distribution is shown in the image:

Non-fully-automated blockchain contracts are emerging, and several projects are working on solving this problem from different angles. Crypto investors should research this new emerging trend, and position themselves to take advantage of these coins at an early stage, for the next 6-12 months.