7 Ethereum Blockchain Tokens You Should Invest in

7 Ethereum Blockchain Tokens You Should Invest in

Many new tokens and dApps are already being built upon the Ethereum blockchain. The best tokens aim to solve common problems in the crypto space, as well as the real world, leveraging on the blockchain.

For Ethereum enthusiasts, we have created a list of potential tokens with their price and market cap; this information was gotten from Ethereum code – which is one of the few trusted platforms that enables users to monitor the price action of all cryptocurrencies running on the Ethereum blockchain; it is a useful tool that highlights the most profitable emerging coins and tokens in real-time.

Here are 7 of the very best Ethereum Blockchain tokens you should invest in.

1. Basic Attention Token (BAT)

Basic Attention Token (BAT) re visualizes the digital advertising industry. The platform uses a token on the Ethereum blockchain to make it easier to compensate publishers. BAT holders can use the platform to buy a variety of advertising services.

The token aims to correctly price user attention within the platform. Advertisers pay BAT to website publishers for the attention of users. The BAT ecosystem includes Brave, an open-source, privacy-centered browser designed to block trackers and malware. It leverages blockchain technology to anonymously and track user attention securely and rewards publishers accordingly. It’s the project best poised to upset the current duopoly comprised of Facebook and Google.

2. Bancor (BNT)

Bancor is one of the most exciting tokens to deploy on the Ethereum blockchain in the past few months. It allows users to create new cryptocurrencies. Bancor’s protocol uses smart contracts to create Smart Tokens, which performs conversions of various ERC-20 tokens with its reserves of other ERC20 tokens. The built-in automated market makers dynamically adjust token price and supply after each trade.

It also provides liquidity to holders of other currencies. Bancor eliminates the need for crypto middlemen in everyday trading, solves the low liquidity problem for smaller tokens, and reduces dependency on crypto exchanges.  

3. OmiseGO (OMG)

OmiseGO is an international payment solution for mainstream digital wallets. This token allows merchants to accept payments through China’s ALIPAY – which has 450 million users currently. The amazing thing about OMG is that any supported currency can be used to buy any item, anywhere in the world. You won’t have to exchange USD for Yuan, or anything else.

It was designed to enable financial inclusion and disrupt existing institutions, access will be made available to everyone via the OmiseGO network and digital wallet framework. Omise, which serves business customers in Japan, Thailand, and Indonesia, currently operates an eCommerce platform that lets companies take payments from customers online. It has a full-featured white label payment management platform for these businesses. With OmiseGO, and the OMG token, Omise aims to simplify the barriers to payments by removing the need to own a bank account.

4. Status (SNT)

Status (SNT) is an open-source messaging platform and mobile interface built to interact with applications that run on the Ethereum network.

The Status Network token (SNT) is a utility token that fuels a decentralized push notification market, governance of the Status client, along with curation of user-generated content on the network. The team at Status hopes to promote the adoption of the decentralized web while staying true to principles such as liberty, security, privacy, transparency, inclusivity, and censorship resistance.

The SNT project has even more exciting potential, such that, it could one day act as a hub for all Ethereum DApps, and as a browser for the decentralized Web 3.0.

5. TenX (PAY)

TenX (PAY) is a payments platform that aims to enable users to use cryptocurrency for daily transactions.

It links users’ blockchain assets to a physical debit card, which can then be used for conventional purchases in the outside world.

The company aims to accelerate crypto adoption for mainstream consumers. The PAY token is the cryptocurrency that the network uses for transactions. Ten X intends to release a crypto card, which will work in tandem with the TenX wallet to channel supported cryptocurrencies through the Visa payment gateway. To enable everyday purchases, the network performs token swaps from the chosen crypto-assets into the relevant fiat currency.

Though it is built on the Ethereum blockchain, popular crypto-assets like Bitcoin, Litecoin, and DASH will be supported.

6. 0x (ZRX)

0x is a platform for decentralized exchange of Ether and ERC20 tokens. There are many exchanges, but major ones like Bittrex charge users to trade and constantly plague users with withdrawal issues.

0x (ZRX) is a non-consent protocol that provides the infrastructure to facilitate the creation of decentralized exchanges on the Ethereum blockchain. The project employs off-chain transaction relayers and Ethereum based smart contracts to provide an open order book and decentralized exchange. The ZRX token functions as payment to relayers by the users of the protocol and a governance token for protocol upgrades.

7. Civic (CVC)

Civic (CVC) is an identity management service that allows one to protect and authorize the use of their identity in real-time.

If you have ever signed up for networks and services online, then you know the hassle of constantly inputting personal information for identity verification.

Civic creates the potential for on-demand, affordable, secure access to ID verification through the Civic blockchain. This could end the era of constant ID and background checks for each new application or other endeavor. The Civic platform is accessible to all globally.

NB: This is not financial advise

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