A lot of new crypto-based assets have been created over the past few years. These are not necessarily cryptocurrencies in the traditional sense, as the assets are linked to a particular service or platform. What is rather peculiar is how so many of these assets are issued on the Ethereum blockchain, rather than Bitcoin’s. Below are a few of the popular Ethereum-based crypto assets to take note of.
6. iExec RLC
Although this token has only been recently released, iExec is quickly gaining some market traction. The Ethereum-based crypto-asset focuses on providing distributed cloud computing to the rest of the world. A total of 60 million tokens have been issued to investors during the crowdsale. Right now, iExec RLC has a market cap of just under US$50m, and it will be interesting to see if this number changes over time.
Everyone who has been following cryptocurrency over the past two years will have heard of DigixDAO by now. Digix completed the first-ever crowdsale on the Ethereum blockchain, and formed the DigixDAO as a result. A distributed autonomous organization sounds quite promising, that much is evident. Right now, the DigixDAO market cap sits around the US$61.2m mark, which is quite impressive.
This particular project piques a lot of people’s interest, considering it aims to provide many different media-related services. SingularDTV aims to revolutionize entertainment by providing a blockchain-based entertainment studio, smart contracts rights management, and a video on-demand portal. There are 1 billion SNGLS assets in existence, which represent a market cap of US$67.7m at the time of writing.
The Gnosis project is relatively new, which explains why it has such a high market cap. This particular prediction market issued 10 million tokens to investors during their crowdsale, which resulted in a US$106.166m market cap as of right now. It has to be said, the Gnosis token value has exploded ever since the crowdsale concluded on April 24th. The crowdsale itself raised US$12.5m in twelve minutes.
Augur is another prediction market that has gotten a lot of attention over the past few months. The project has been around for quite some time now, and the value of its individual REP crypto-asset has evolved over time. Right now, Augur represents a market cap of US$183.838 million, with 11 million REP assets in circulation. Prediction markets seem to be quite popular these days, as they harness the wisdom of the crowd.
Another recent crypto-asset to be issued on the Ethereum blockchain goes by the name of Golem Network Token, or GNT as it is listed on exchanges. The Golem project revolves around creating the world’s first decentralized market to buy and sell unused computing power. In fact, one could argue Golem is the world’s first decentralized supercomputer that is accessible to anyone and everyone in the world. Golem has a market cap of US$184.818m, with 820 million GNT crypto-assets in circulation.
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