Crypto influencer and analyst Lark Davis reveals the names of five hot altcoins that are about to hit the market.
In a new video, the retailer is telling its 246,000 Youtube subscribers that the first coin under its radar is AIOZ, a layer 1 blockchain-based content delivery service network (CDN) designed to provide decentralized video streaming services.
“The use case is very interesting. Streaming remains very expensive for large platforms due to the centralized nature of content delivery systems, which are centralized and fragmented. The cost savings for these platforms are potentially massive and many times cheaper than what they are currently doing. There are already companies who want to use the product. “
Next up on Davis’ list is Blind Boxes (BLES), a marketplace for gamified aggregators for non-fungible tokens (NFTs). The platform promotes limited edition NFT collectibles from digital talent by selling “mystery boxes” that reveal the art inside only at a specific time.
The third coin on Davis’ watch list is Convergence (CONV), a protocol for tokenizing real-world assets with security tokens.
“Personally, I have the feeling that the market is finally preparing for security tokens. It’s been brewing for a while. I definitely think it will be a big trend. DeFi (decentralized financing) has finally matured to the point where security tokens are actually becoming useful and liquid. Use cases like fractional ownership of stocks and real estate, big ticket items. Blockchain is literally the future of these markets, and this is just one step, because these assets can enjoy easy settlement, automated issuance and of course access to the future of funding by using DeFi and of course reaching global markets. “
Fourth place is Deeper Network (DPR), a Web 3.0 network with already 8,000 nodes.
DPR plans to offer a number of different services such as: B. decentralized VPNs and decentralized provision of content. Deeper Network also offers hardware units for running its network. Davis sees Deeper Network “making the Internet more censorship-resistant and actually freer”.
The final asset Davis tracks is Shyft Network (SHFT), a decentralized network that enables users to prove and verify proof of identity, property rights, and credibility between counterparties in real time and on a large scale. According to Davis, the Shyft Network can solve critical problems in the crypto industry.
“Basically, they form a protected data layer for the entire cryptocurrency industry. For example, imagine that you could prove your identity for a token sale or exchange without having to give them copies of your passport, address and all that, knowing that information is inevitably hacked and inevitably leaked into the dark web. Shyft is trying to solve that. Solve one of the biggest data problems in the industry right now. “
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