Again the prices of crypto currencies have plunged - which gives us a good opportunity to buy them at lower prices. It's also a good opportunity to diversify the own crypto portfolio. But what altcoins should one buy? Maybe this coin alphabet can help by giving an altcoin overview and initiating a informative discussion.
AntShares (ANS)
Problem: How to create smart contracts?
Solution: AntShares are the Chinese version of Ethereum, which aims to provide a simple solution for creating smart contracts. It's rebranding now as Neo.
In short: Chinese Ethereum.
Website: antshares.org
Market cap: 370 million USD
Aragon (ANT)
Problem: How to run a DAO on Ethereum?
Solution: Argon provides everything that's needed to run a company on Ethereum. They give assistance for fundraising, governance, payroll, accounting ...
In short: Tools for Ethereum DAOs
Website: aragon.one
Market cap: 80 million USD
Ardor (ARDR)
Problem: How to create new blockchain applications?
Solution: Ardor is a sidechain platform build on the basis of Nxt for creating "child-chains".
In short: Like Ethereum, but build on Nxt.
Website: ardorplatform.org
Market cap: 146 million USD
Ark (ARK)
Problem: How to create blockchain applications that are interconnected?
Solution: Ark provides a technology for the creation of clone-able blockchains and aims to create an ecosystem of linke chains.
In short: Like Ethereum with an ecosystem.
Website: ark.io
Market cap: 62 million USD
Asch (XAS)
Problem: How to create a new blockchain applications?
Solution: Asch is a Chinese blockchain platform, which provides the ability the create sidechains for new applications.
In short: Chinese Ethereum.
Website: asch.so
Market cap: 46 million USD
Augur (REP)
Problem: How to get accurate predictions that aren't expensive and not open to manipulation?
Solution: Augur offers a decentralized prediction market, where people bet money on the outcomes.
In short: Online prediction market.
Website: augur.net
Market cap: 306 million USD
Would you buy these crypto currencies?
What do you think about them?
Let's discuss:
Source of charts: CoinMarketCap.com