New Cryptos on BitScreener from November 10th -17th, 2017

During the past week (November 10th – 17th, 2017), there have been 22 new coins added to various cryptocurrency exchanges. Despite the coin only being a few days old, some noteworthy coins have picked up a significant amount of volume and market capitalization. Here is a brief overview of some significant coins and what the company behind them aims to achieve.

Genesis Vision:

This recently launched token aims make investing simple by uniting exchanges, brokers, and traders, on one fully transparent platform. The way it works is, the platform features unique tokens for each different investment manager. To invest, choose a manager and purchase the desired amount of his tokens. If you want to manage the investment yourself, you can build your own investment strategy, or choose from a broad categorized list. The process of investment and profit distribution is all transparent; and will be carried out utilizing smart contracts.

This distinctive system also rewards investment managers based on their trade performance. The better the trades – the more tokens they are allowed to issue out to investors. By implementing this system, Genesis Vision protects the user from ineffective investment managers.

ShareChain:

This token aims to create a shared economy using block chain technology. A shared economy refers to the temporary transfer of the right of use to improve the utilization resources while leaving ownership unchanged. Through the ShareChain system, it is possible to share: Chain tokens/consumption, application transaction services, Chain underlying data consumption, third-party services, and smart contract consumption.

Multi-billion dollar companies like Uber, Lyft, and Airbnb are the first to establish uses of sharing economy, and the team at ShareChain believe the sharing economy wave is yet to begin. With an estimate on the site that shared economy will account for 30% of GDP in the future - ShareChain could have a very bright future.

Horizon State:

Horizon State is using a token-based blockchainn platform to innovate the process of voting and collaborative decision making. By utilizing block chain technology to secure a digital ballot box, it ensures that the results can never be tampered with and all voter identities are protected.

Plenty of excitement has been coming out of the mainstream media regarding Horizon State and how it can be applied to society. Right now the team estimates by implementing this, it would greatly reduce the cost of voting and that will ultimately save taxpayers money. With this technology already in use, the team at Horizon State predicts it will be adopted by political parties, multinational enterprises, global NGOs, communities within developing nations, and more.

Abjcoin:

Abjcoin is a token that is made specifically with Africa in mind. By connecting banks, payment providers, digital asset exchanges, and corporations, Abjcoin provides a frictionless experience when using money globally. This is done by pairing African fiat currencies against Abjcoin on a global trade market. The market also features the ability to exchange goods and services through escrow payment.

Abjcoin supports anonymous transactions and has a shared transparent ledger, allowing everyone to monitor their financial activity. With the goal to make African fiat currencies globally accessible and functioning global trade market, Abjcoin is off to a great start.

Upfiring:

Upfiring is an Ethereum block chain based platform with a goal to create a blazing fast decentralized autonomous network in which users can exchange files and be rewarded for it. With traditional P2P (peer-to-peer) applications a common issue is that it’s hard to find people who are willing to upload and seed files. Upfiring aims to solve this issue by compensating uploaders and seeders with Upfiring tokens.

The user can either spend Upfiring tokens to unlock files for download or convert them to other cryptocurrencies or fiat currencies via digital exchanges. By properly incentivizing uploaders and seeders, it promotes a more prosperous file-sharing environment with super quick download speeds. With how frequently P2P is implemented already, Upfiring has plenty of room for growth.

Check out newly added cryptos on BitScreener at: https://bitscreener.com/screener/overview?timeframe=1w&f=age_lt_1w