The price dynamics of cryptocurrencies attracted a lot of people. They buy coins and hold in the hope of getting 1000%. Someone took his jackpot, and someone does not wait for him. There is a more conservative method of earning on cryptocurrency - passive income.
If you used to buy coins and stored, expecting a sharp increase, then in addition to this you will be paid a deposit interest. This article will discuss seven projects that, according to the developers, have potential.
NEO
The Chinese NEO project is a competitor to the Ethereum project. NEO was founded by the founders of the Onechain Company, which develops blockchains for private and public entities. The cryptocurrency itself does not belong to Onechain. NEO is a non-profit open source community project.
Cryptocurrency appeared as a result of the rebranding of AntShares, which has been operating since 2014. The NEO project intends to implement a "smart" economy. A smart economy combines: digital assets - cryptocurrencies and tokens like ERC20 on the Ethereum platform, smart contracts and digital identity.
Unlike Ethereum, contracts on the NEO platform are written in different programming languages. Developers save time on developing smart contracts and write in their favorite language. The project team made a cryptocurrency by definition a blockchain protocol, not a cryptocurrency. Thus eliminated the legal problems associated with the regulation of cryptocurrency.
Each NEO token holder is charged with GAS tokens.
Vechain tor
VeChain create a distributed business blockchain-based ecosystem. Over the past two years, the company has provided solutions for various industries: automotive, luxury goods, retail, medicine, etc. VeChain operates from Singapore's 2015 year and already has branches in France, Hong Kong and has deployed more than one hundred sites in five countries.
Companies that are beginning to cooperate with VeChain, first of all, introduce the Internet of Things chips into their products. After that, the product can be tracked at each stage. Each product item is recorded and activated in a block chain. With the help of a QR code or NFC chip it is possible to track it at any time.
The network uses two coins: VET and THOR. VET provides the right to borrow and use the resources of public units. Who has more VET tokens, he has more rights. VET coin holders are distributed with THOR Power tokens. THOR is used as a fuel for transactions and fulfilling smart contracts.
ICON
Over the past few years, dozens of blockchain projects have appeared with their own economy and their own community. Each community has its own values and goals. The community divides over time and a hard fork occurs in the cryptocurrency, which happened with Bitcoin and Ethereum. Interaction between communities is limited only in terms of cryptocurrency exchange, and this area is dominated by centralized companies. Part of the decentralized exchanges are with high fees and low performance. Developers from Korea are striving to combine the blockchain of other platforms on ICON and solve these shortcomings. The company has raised over $100 million from venture capitalists.
The ICON network will consist of networks of different communities. Nodes belonging to the same community will also make decisions for themselves. The ICON network can be compared to the UN - each member country expresses its opinion, makes a decision and votes. This is how ICON Republic will function with the help of “smart” contracts.
Network access will be using the ICX platform token. Holders of tokens will be able to receive rewards. When ICON launches its network, ICONex wallet and token exchange mechanism, ICX holders will need to vote for the delegate in their account. Through the delegate will receive a reward. So far, it is impossible to calculate income, since there is no historical data to estimate.
ARK
The ARK project or the Ark is being developed to introduce blockchain technology into the masses. Those who know about cryptocurrencies are mostly interested in it in terms of speculation. The Ark introduces the ecosystem into the daily life of most people to accept and use cryptocurrency in society.
The idea of the project is to simplify the use of coins and “smart” contracts of existing platforms. The user of the ark will be able to run contracts “ether” and other platforms, make transfers through your account ARK.
In the network, each block is formed in 8 seconds, and the consensus and generation of blocks is carried out by 51 delegates. For each block created, the delegate receives 2 ARK coins. The delegated Proof of stake is protected from possible centralization - when voting for a delegate, the coins are divided into 51 participants.
To receive passive income, you need to vote in your wallet for the delegate. Rewards will come from the delegates themselves. After the vote, you will receive an average of 0,7% per month.
PivX
PIVX cryptocurrency or a private, instant, verified transaction appeared as a result of a fork of the DASH coin. Unlike DASH, which uses the PoW consensus mechanism, the fork changed the mechanism to PoS - confirmation of the share. Those who have more coins are responsible for the security of the network. For this security, holders are credited with new coins created in the block.
Another way to generate new coins is to open masternodes, just like in DASH. In the case of normal coin holding, there are no restrictions, but a minimum of 10 PIVX is required to create a masternode, which at the exchange rate at the end of May is $000. Masternode creators receive more than those who simply hold funds in a wallet.
COSS
Crypto One Stop Solution (COSS) has its own exchange. The company also provides a payment gateway for businesses that accept cryptocurrency as payment. Receiving income on the stock exchange and in cooperation with enterprises, the team shares 50% profit with its investors. The company also develops new platform products: plastic cards, smart contracts and a platform for collecting money.
Everyone who keeps COSS tokens on the coss.io wallet is paid a percentage of the daily trading volume on the exchange. Pay in proportion to the volume of trades of each token. If the volume of trading per day amounted to 70% for Bitcoin and 30% for “broadcast”, then 70% will be paid with Bitcoins and 30% with “broadcast”.
The coin can be bought on their own platform or on etherdelta, or on HitBTC.
DIMCOIN
Another project that will share profits with investors is the HYBSE hybrid stock exchange. The trading platform will start in June of this year and the company will charge a percentage to all who have more DIMCOIN 50 coins. Dividends will come from blockchain transactions, exchange trading fees and payments via DIMPAY. All types of assets will be available for trading on the exchange: stocks, ETF (Exchange-traded funds), ETC (Exchange-traded goods), ETN (Exchange-Traded Note), Crypto-Forex Exchange, indices, Startups-ICO and Startups-IPO.
The platform has two versions of the token: DIMCOIN and DIM. DIM TOKEN will be available only before and during the ICO, and DIMCOIN will become a speculative coin that can be exchanged and used in the DIM ecosystem.
The goal of the project is to reach 1% of the total volume of world asset trade. If this goal is achieved, then the yield per token will be more than $600 or 77%.