Hi there! I recently came across a project that have a huge potential in my opinion, and I wanted to share this with the NASH community!
The token name is AERGO.
First a bit of TA:
It has retraced 95% from 2019 ATH, and it is just picking up steam with good volume (14m$).
Nice bottoming pattern observed.
Small market cap of 13 milion $.
Now a bit about the project:
It is a South Korean project build by Blocko, a Korean company founded in 2014 with a lot of experience developing private Blockchain for Tech giants.
Aergo is a public/open source Blockchain developed to give a solution for enterprise. It can provide many applications like Identity Authentication, Payment Settlement, Secure E-Voting, Document Management, and Internet of Things. It also have a market place, design for buisness to buy and sell blockchain solutions.
AERGO has deployed its mainnet 1 and a half years ago already, and voting/staking is available, with a 8.5 to 9.99% PA.
For more info, go to their website: https://www.aergo.io
Price prediction:
I see the coin pick up steam from here as the project will be in the spotlight this week. Indeed, a post on their twitter account teased 3 major announcements. The first one has been revealed today, and it is a major one: https://twitter.com/aergo_io/status/1285458350646296576
They will provide the infrastructure for DApps on Samsung Blockchain, with a strong emphasis on Defi DApps.
Next announcement should be an exchange listing:
Therefore, I see the token reaching ICON market cap, at least.
Tell me what you think about this project guys!