SYSCOIN
As the wikipedia page for SYS has all its history, here is the important details:
"Syscoin was initially described in a 2014 draft whitepaper that envisioned Decentralized Marketplace Creation, Decentralized Smart Contracts and Documents, Decentralized Certificate Issuance and Transfer, and Decentralized Data Storage and Retrieval, as among the services that it will offer upon its release.
Syscoin aimed to bring Nakamoto’s vision of a decentralized marketplace back into the blockchain, among the other commercial-grade services it aims to deliver to clients.Other services that Syscoin aimed to provide include secure data storage and transfer, and unique user aliases that link their owners to the services controlled by the alias.
Syscoin’s first iteration, Syscoin 1.0, was a scrypt algorithm, proof-of-work altcoin based on Litecoin that built additional features on the blockchain, including a completely distributed marketplace; digital certificate issuance and authentication; merge mining with any scrypt-based coin; and service fee regeneration.Some of these services were available upon launch but only accessible through a command-line interface.
Development work on Syscoin 1.0 started in March 2014, but it was only publicly announced on 16 April 2014 at 12:15pm PST on Bitcointalk. Presale began on 19 July 19 2014 at 0.00000465 BTC/SYS, with Moolah.io as escrow agent. ICO price was .00000518 BTC/SYS. Full launch was announced on 16 August 2014. The ICO raised 1500 BTC of which 250 BTC was used for “buy support.” Moolah (Ryan Kennedy aka Alex Green) stole the remaining 750 BTC. Syscoin has been in litigation against Moolah since October 2014 to recover the stolen BTC.”
This didn’t have the best opening for SYS on the markets. As you can see below, the markets plummeted for it upon release. However, THE PROJECT KEPT GOING. That is right. The developers kept programming despite not being paid.
If you move forward to 2016–2017, alot happened. First, the Syscoin development team created Blockchain Foundry in August 2016, to spearhead the development of merchant-focused platforms based on the Syscoin blockchain and platform. During that time they were able to make the largest strides in Syscoin. Because it had over 2 years to build a LOYAL and CASE USE community, it created the perfect hub for the Blockchain Foundry to be created, with devs all dedicated to the longevity of Syscoin and its platform.
Blockchain Foundry released Blockmarket Desktop , the first of a series of e-commerce application releases and an upgraded version of the Syscoin QT Wallet, on September 12, 2017. Buyers and sellers using Blockmarket Desktop have a choice of using almost any cryptocurrency on this platform, but uses SYS on the back end, which makes it the most versatile marketplace to date.
The Blockchain Foundry was given $3.3 million in funding to make this project its fullest potential on December 21 2017.Syscoin announced on its medium blog that it has received that funding from private investors who have industry partnerships as well as monetary interest in the syscoin platform to succeed before Christmast.Right after that, the Syscoin team announced they will be working full time for the first time in the history of Syscoin.
While performing these things, team has done the following improvements:
There are no double spending on blockchain with 0 confirmations needed
Updated the blockmarket
Created a new roadmap
Made partnerships with large suppliers
With the WEB version of the marketplace coming, tons of added and new features, a new marketing plan, full time devs, MASTERNODES coming for people to stake on, the $3.3 mil funding that will become a public company, the need for case use utility, and the roadmap that is being hit before most their deadlines as planned, I expect some big things to happen in 2018 for this company.
CONCLUSION:
Why SYS?
*A decentralized marketplace is usable with many currencies and for anyone easily is a must, and they are the leading company for that.
*Masternodes helped the stability, the security, and was one of the best profit makers ever created, and the fact the SYSCOIN MASTERNODES make 50% of all transaction fees it only make sense to know whats can happen for SYS
*So many updates that would cause the normal coin to go up 100x, but it stayed stable with SYS, possibly due to major partners in back end that are preparing for the WEB update to release and all the rest in Q1
*A coin that is under $300,000,000 with an actual case use, funding, and is its own blockchain, not a token on the ETH network.
If you want more info on this coin, go to www.syscoin.org or www.blockchainfoundry.com