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1/8 Welcome to my second #FreeAlphaFriday! Today I’ll be sharing some thoughts on Nervos Network’s $CKB.
In order to understand why I’m so bullish on this project, you first have to know about China’s Blockchain Service Network.
#altcoins #crypto #btc
https://bsnbase.io/g/main/serviceNetworkLeague
In order to understand why I’m so bullish on this project, you first have to know about China’s Blockchain Service Network.
#altcoins #crypto #btc
https://bsnbase.io/g/main/serviceNetworkLeague
2/8 The BSN is China’s State Sanctioned public blockchain project. It’s purpose is to create a global, interoperable network of blockchains and to position China as the global leader in blockchain tech. Here’s a fantastic video on it.
3/8 Notice that there are only 16 permissionless blockchains approved for Chinese developers - one of which is $CKB. Every project listed here that would compete agains Nervos is in the top 50 market cap. Nervos is #133.
4/8 $CKB’s main selling point is the level of interoperability it promises. This meshes perfectly with the BSN’s stated purpose.
5/8 It’s also one of the only PoW coin on this list. While you might think PoW is outdated, China still has the largest concentration of Miners in the world and the Chinese government has a vested interest in pushing projects that miners can throw their weight behind.
6/8 A brief look at $CKB’s YouTube will show you that it’s far ahead of its competitors’ marketing. The degree of professionalism and production value on display here is sure to catch people’s attention.
7/8 Lack of Marketing is often the thing that holds back truly great projects. On the flip side, coins like $TRX have shown us just how far marketing alone can take a coin’s price.
$CKB has some of the best marketing I’ve ever seen in crypto and the fundamentals to back it up.
$CKB has some of the best marketing I’ve ever seen in crypto and the fundamentals to back it up.
8/8 Lastly, the team is pretty stacked with some impressive names. Have a look.
As always, follow me for more research every #FreeAlphaFriday!
