The global banking and financial systems are showing cracks in their facade and cryptocurrencies may soon be the more viable options. 2019 may be the year of the cryptocurrency. While the most well known of cryptocurrencies, Bitcoin, saw a decline in value in the last half of 2018, other cryptocurrencies are making an appearance on the market. Bitcoin is the most spoken about, together with Ethereum, but there are three innovative and emerging cryptocurrency trends that investors should look out for include:
- 0x (ZRX)
Eric Alexandre founded the Jetcoin Institute in 2014. Doing what he knows best, dealing with stars and talent, Eric Alexandre found a way to give fans of athletes and stars a way to participate in their success. Individuals are able to choose talent from Alexandre’s pool of ‘Jetcoin talent.’ As the athletes find success, so do the investors.
Some of the Jetcoin talents include the Manchester United’s star athlete, Luiz Roza Fernandinho, the Real Madrid athlete Marcelo Vierira and Burmese rising fashion star and celebrity, May Myat Noe.
Jetcoin found a smart and innovative way for fans to benefit from their belief and loyalty in a star. Fans buy a crypto token called a JET, investing in their image rights. As the star reaches success, so the value of the token rises. It’s an innovative way of rewarding fans, and an innovative way of aspiring talents to gain recognition too.
Jetcoin is a fresh and innovative cryptocurrency, growing in size and stature. They partnered with the Lagardère Sports Group in 2018 to market the agency’s brands and signed a deal with Prime Sports Rights, to represent Fernandinho and Vierira.
Factom is a blockchain technology that writes data that can never be changed. It is a concept that was started in 2014, almost built on top of Bitcoin. When something is recorded on Factom, it is there for eternity, it is safe and it does not need verification.
What Factom does is offer a record of data, original records of copy, that is trust able and always verified. It does this for complex industries with great volumes of data. The aim is to become the top provider of blockchain data source solutions.
The currency of Factom is a Factoid and this is the cryptocurrency that is traded by investors. It is an interesting application of cryptocurrency and is increasing in growth at a good rate. Analysts predict a growing trend.
This is the third of our innovate cryptocurrencies. With time it may turn out to be one of the strongest coins in the Cryptocurrency world. At the moment, 0x only support ERC20. There is talk that it may be absorbed into other chains and it is for this reason that people are keeping their eye on 0x.
0x was designed as an open protocol that could offer a decentralized exchange as part of the Ethereum blockchain. It was created to be different from both centralized and decentralized exchanges, offering an excellent combination of features.
Coinbase allows you to buy and sell 0x (ZRX) and the value of this cryptocurrency may soon be realized, making it to the list of our cryptocurrencies to watch.
For the latest cryptocurrency news, join our Telegram!
Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.
Image courtesy of Pexels
Read more at https://globalcoinreport.com/3-hottest-cryptocurrency-trends-2019/