So this is not your standard microcap 1000x moonshot. Currently at 136m $ market cap, but if you are looking for something to hold longer term that still has some decent room to grow you may want to check out AERGO.
About the project:
AERGO is an open-source hybrid blockchain protocol powered by the native cryptocurrency AERGO. Aimed at enterprise and government level use cases, it combines aspects of public (trust/decentralised) and private (performance/control) technologies. The AERGO platform provides a set of infrastructure components for enterprises and developers to host blockchain applications based on the AERGO Chain. AERGO offers a smart contract engine supporting Lua and SQL, and also a number of features such as distributed version and concurrency control.
Enterprise clients will need to use the AERGO utility token to acquire extra application services from other third parties. Additionally, all of Blocko’s (Samsung-backed) future services will be based on the new AERGO Enterprise products that requires AERGO tokens to work.
An example use case in production using AERGO includes a solution adopted by Lotte Card for over 25 million users for fingerprint credit card verifications. The solution is built using a version of AERGO’s Lua smart contracts with SQL integration. Other clients using AERGO-based solutions include Hyundai Motor Group, Korea Stock Exchange, Shinhan Bank, POSCO, and more.
Back to me:
I don’t see much hype around AERGO at the moment but the partnerships and backers for this project are huge and I don’t see how this doesn’t deserve a space at least in the top 100. Maybe a hybrid blockchain with a solid business oriented use case isn’t as sexy as the latest NFT-whatever but I still think this deserves more attention. Not writing as a buying recommendation as it just made a new ATH and I’m just an ape with a keyboard so DYOR. Just interested to share thoughts on the project. I’ll link this older post with some DD from someone with better research skills than myself.
Medium link for news and 2021 roadmap: https://medium.com/aergo
Website: https://www.aergo.io/
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