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Platform cryptos
ОглавлениеPlatform cryptos are also referred to as decentralized application protocol cryptos, smart contract cryptos, or a hybrid of all three. In this category, you can find cryptocurrencies that are built on a centralized blockchain platform; developers use them to build decentralized applications. In other words, such cryptocurrencies act as platforms where people build upon blockchain applications (and thus other cryptocurrencies).
In fact, some analysts suggest that you may want to forget about payment cryptocurrencies and invest in crypto platforms instead. They’re generally considered good long-term investments because they rise in value as more applications are created on their blockchain. As blockchain technology becomes more mainstream, the number of applications and their usage will increase, along with the price of such coins. The most famous example in this category is Ethereum (ETH). Others include the following:
NEO (NEO): A smart contracts ecosystem similar to Ethereum, NEO wants to be a platform for a new smart economy. NEO is China’s largest cryptocurrency.
Lisk (LSK): Lisk is a smart contracts platform similar to Ethereum but based on JavaScript. See
https://lisk.io/
.EOS (EOS): Another smart contracts platform similar to Ethereum, EOS has performance and scalability benefits.
Icon (ICX): Icon wants to “Hyperconnect the World” by building one of the largest decentralized global networks. See
https://m.icon.foundation/?lang=en
.Qtum (QTUM): Qtum is a Singapore-based Ethereum and Bitcoin hybrid. See
https://qtum.org/
.VeChain (VEN): VeChain is a blockchain-based platform that gives retailers and consumers the ability to determine the quality and authenticity of products they buy.
Ark (ARK): Ark wants to provide an all-in-one blockchain solution for developers and start-ups. See
https://ark.io/
.Substratum (SUB): Substratum wants to create a new generation of Internet. See
https://substratum.net/
.
These are just a few of the hundreds of cryptocurrencies that are emerging in this category.