This fourth episode to come out from the series « Which Crypto To Invest In » will be about Emercoin
What Is Emercoin And Why Should It Interests You ?
Emercoin is at the same time a cryptocurrency and a service platform which offers a lot of various services such as:
authentication without a password on the World Wide Web
It delivers you a non-compromisable digital proof of ownership whether the good is tangible or not. This service would help anyone to dodge advocates due to conflicts and ** gain a lot of money **
A pay-per-click decentralized advertising service, as it doesn’t require a third party the investment in advertising becomes more interesting for both parties as the buyer and the host can agree on a certain price for every visitor clicking the link
Its meant to be used both, by companies and simple users like you and me.
Where it gets interesting is that it requires Emercoins to do the transactions, for example you have to pay the host in Emercoins if you want to advertise your company on his site and given the width of Emercoin’s usability the price can only grow as Emercoin platform get known.
The Partnership That Means Everything
In fact Emercoin did a partnership with Microsoft ( M ) to include their services in Microsoft Azure knowing that M selected a few cryptos in order to create business solutions and Emercoin is the first one to be deployed on M platform, this means a lot !
It also explains the recent huge price increase
As Blockchain extends, M Azure and Emercoin will know a rapid user base increase and thus an Emercoin price swelling in the future.
As you can in this graph this crypto is experiencing unprecedented growth since the beginning year and more particularly since its available on M Azure. I would suggest you to wait a few days before buying any Emercoin in order to let the price stabilizes and because there will be a lot of people selling their coins.
Any Serious Competitor ?
Since it has joined Azure program, Emercoin has a BIG advantage on any coin that would like to compete and therefore there is not much to worry about.
Moreover I searched for any competitor on coinmarketcap.com and found no one with such services, they’re in some kind of niche and niches are known to be very profitable !
Who Is Behind This Project and What Are Their Targets?
They are actually 10 people working on the project which is a big number for a blockchain entreprise and each occupies a well defined and very precise post.
The team is mainly composed of Russian pals, they have ambassadors in Germany, Russia and China. Germany is the most populated country in Europe with over 81 millions people and enough developed to get interested by such technology which makes it a priority market in Europe. Russia counts almost two times Germany’s population, even if it has a less wealthy population this kind of technology will surely interest Russians as there are a lot of juridical problems concerning properties, a digital proof of ownership kept in the Blockchain is indestructible and protected against censorship which will help Russia and China move forward to progress socially and economically. Talking about China, there’s also an ambassador there knowing that the country counts 1 billion and 374 million people. Its known for being the « World’s Factory » but given the fact that every developing country will have a majority of its economy coming composed services and IT, China will be a strategical market for the development of Emercoin.
Will all of this said, Emercoin seems to me as a currency with a rich future, one that will stand out of the mass of cryptos and that would definitely get some of my money on it !