Hidden Crypto Gem: CPX
Howdy,
I thought I would give a little shout out to my most anticipated small cap, Apex (CPX).
Apex is the blockchain made by a B2C consumer information company in China called Chinapex. They are an up and coming company that is set to list on NASDAQ in the not too distant future. Furthermore, their platform will pay its users for their consumer data. Think of it as loyalty points you earn for sharing your preferences with brands. Right now, we aren't getting anything for our data, so this is a step in the right direction. Their ICO sold out in less than an hour, reaching their hard cap almost instantly. As of right now, its on a somewhat crappy Chinese exchange, LBank, but it can also be traded on the NEO DEX Switcheo, which I highly recommend. Once this lists on the bigger exchanges (Binance or the Korean ones), it will be sure to explode in price.
It has an impressive list of partners. They were originally going to be running on NEO, but have decided to go off and make their own chain. Upon completion of their chain, their already existing customers will move over to the blockchain service as well.
It has a circulating supply of roughly 370,000,000 coins, which puts it at around ~$70 million for current market cap. I wouldn't be surprised if this were a billion dollar crypto by years end. Furthermore, they announced a supernode system, which will run a Delegated PoS system, where you get higher rewards if you hold over 70k, or over 200k tokens. If the token does indeed explode in value, this would be a great opportunity for future passive income as well.
DISCLAIMER: I am not a financial advisor, this is not investment advice, and please DYOR!
If anyone wants instructions on how to use switcheo, just leave a comment below.
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