Ethereum: The Top 5 Tokens

Ethereum is believed to have the greatest potential to reach the largest market cap. The reason for that is the ability of its technology to effectively solve scalability issues. Most importantly, Ethereum can be used as a base for building applications. The fun fact about it is that more than 50 cryptocurrencies are Ethereum- based tokens.

1. Tron – is a blockchain based token that aims to create decentralized platforms so users can easily store their content and also get paid for it. Their whitepaper states that content platforms as we know them are controlling and choosing what kind of content we read. This means that we don’t have the opportunity to read what we wish. The best thing about Tron is the willingness to take away a lot of the influence from corporations such as Google and Facebook.
2. VeChain – a service company that is blockchain-based. Their aim is to allow easier and more efficient supply chain management between industries. VeChain can check product quality and authenticity. This assures the buyers that the goods they are buying are legitimate. These ways, goods can be tracked by using smart chips and all the data is stored on the blockchain.
3. OmiseGo – one of the most promising tokes in which many invested last year. OmiseGo provides affordable financial services without the need for a bank account. Their company is open for business in Japan, Singapore, and Indonesia with an expanding tendency.
4. Аеternity – a platform designed to solve privacy problems and scalability issues. One of the most interesting things about Aeternity are the ‘’smart oracles’’. They make interactions between smart contracts and real-world data possible. It uses a hybrid system between proof-of-work and proof-of-stake.
5. Golem– it offers people who don’t use their computational power to lend it to people who need it. It is however in a beta testing phase.