4 reasons why RChain (RHOC) is a worthy investment - Feed Now

4 reasons why RChain (RHOC) is a worthy investment

4 reasons why RChain (RHOC) is a worthy investment

It’s a great day for RChain (RHOC). It’s one of the better performers in the day, and is currently up by over 24% on Coinmarket. So what is it about, and is it a good investment?  Rchain is a smart contracts plaform that is built to scale without compromising on security. This makes it quite useful for the devlopment of Dapps directed at high transaction industries such as finance. But these are attributes that are becoming quite common in crypto. So what makes RChain (RHOC) stand out in the market? There are several factors that make RChain stand out as a top investment that could give superior returns in the long-run.

bitcoin payment

coin m

  1. Its token economics

RChain’s

It’s a great day for RChain (RHOC). It’s one of the better performers in the day, and is currently up by over 24% on Coinmarket. So what is it about, and is it a good investment?  Rchain is a smart contracts plaform that is built to scale without compromising on security. This makes it quite useful for the devlopment of Dapps directed at high transaction industries such as finance. But these are attributes that are becoming quite common in crypto. So what makes RChain (RHOC) stand out in the market? There are several factors that make RChain stand out as a top investment that could give superior returns in the long-run.

bitcoin payment

coin m

  1. Its token economics

RChain’s token economics makes it a viable hold going into the future. While RChain is still an ERC20 token, it will have a massive utility once the mainnet is launched.  That’s because holders of this token will be in a position to stake their coins, and earn a passive income.  This makes the token a worthwhile hold, since on top of its speculative value, you can make some extra money with it, just for holding. The mainnet launch will happen in Q1 of 2019, so for an investor looking to earn some passive income from staking, this is one coin to watch out for.

bitcoin value live

  1. Formal verification of smart contracts

When using RChain,  developers can formally verify their smart contracts. This ensures that RChain contracts are guaranteed to work correctly 100% of the time. RChain is able to achieve this because it uses a progamming language called Rholang that is designed for concurrency in writing contracts. Formal verification of smart contracts adds to the intrisic value of Rchain, because it gives it a use case in industries where contract correctness is a requirement.  In industries like finance, contract corrrectnes is  necessary, which gives RChain a huge potential for adoption in a trillion dollar market.  An increased potential for the utilization of this network makes it a potentially great long-term hold for investors, since RChain (RHOC) is the juice behind the network.

bitcoin exchange fees

data protection registrar

  1. Coin supply

The number of coins in circulation usually has an impact on the growth potential of a currency. On the basis of the economics laws of supply and demand, a token with a lower supply, could have a faster growth rate in a bull market than one with billions of coins in supply. The coin supply of RChain is caped a 1 billion. Currently it has a circulating supply of 300 million and a market cap of slightly over $130 million.

This gives it a good room to grow as its demand in the market continues to increase. In the past coins that have multiple times higher supply than RChain have made huge gains, gains that saw them rise past $1. This means that with its massive potential for adoption, RChain has a realistic chance of hitting a market cap $1 billion without necessitating an unrealistic valuation per token.

earn bitcoin online

  1. Main net hype

In a bull market, any news of a main net launch tends to propel a crypto up by a huge margin.  Tezos is a case in point.  Today Tezos has made substantial gains all thanks to the upcoming main net launch on Monday. It’s price surge is supported by the fact that there is an increased bullish sentiment in the market, with bitcoin (BTC) now steady above $6500.

It’s incomparable to the Tron (TRX) main net laaunch that happened when the market was heavily bearish. So how does all this connect to RChain? Well, RChain will be launching its mainnet in 2019, and chances are that it will happen in a bull market.  That’s because there are lots of developments and partnerships going on in blockchain at the moment. Wall Street too is taking a keen interest in this market. By 2019, most of these developments will have materialized and will reflect in the valuation of the entire market. As such, the possibility of RChain launching its mainnet in a bull market is quite high, and could lead to a huge surge in price. This makes it a worthwhile hold going into 2019.

how to sell bitcoins
 

reasons, rchain, rhoc, worthy, investment

Leave a Reply

Leave a Reply

Advertisment ad adsense adlogger