What's good crypto army, today I'm going to give you some reasons why Oyster (PRL) could be a very successful crypto in the near future and how the fast rate of adoption could make the price sky rocket!
So what is Oyster Pearl?
Pearl is going to be a revolutionary advertising/storage solution for the internet, a dual purpose coin looking to change the game for good! Website visitors contribute a portion of their CPU and GPU power to enable users' files to be stored on a decentralised and anonymous ledger. In return, such users indirectly pay the website owners for maintaining the storage of their data. The decentralised storage solution is huge alone, coupling that with an advertising solution means all parties are satisfied. The technology could revolutionise the internet as we know it and abolish traditional advertising techniques used today.
Check out the short video which explains Oyster Pearl perfectly below:
https://twitter.com/OysterProtocol/status/922113034159403008
- OysterProtocol
Reasons to Invest?
Currently ranking at a respectable 169 and with a market capitalisation of $146M (source https://coinmarketcap.com/currencies/oyster-pearl/), Oyster (PRL) has the potential to grow x10 if it were to make it into the top 35. With an aggressively increasing team, the potential of market growth is incredible as the low market cap allows big multipliers in profit if the crypto can achieve mainstream adoption.
Yesterday there was a rebranding of pearl which improved the site ascetics as well as delivered a new logo which is much more appealing. This not only shows the team is active but also shows they can deliver on their deadlines which is a rare site in crypto these days (https://medium.com/oysterprotocol/oyster-pearl-team-update-2-307ab14cdac0). This brings me onto my final reason to get into pearl right now... The launch of their test net in January!
The test net will demonstrate how the technology will be used allowing users to upload data to the IOTA Tangle, by spending PRL. The data can then be retrieved from any IOTA light wallet server for free, via the Oyster web client. The ever expanding team stated this will be ready by the end of January and based on their previous deliverables I assume this will be as punctual!
If you want to read more about Oyster Pearl you can check out the white paper here:
https://oyster.ws/OysterWhitepaper.pdf
Where to get Oyster (PRL)?
As mentioned earlier Oyster (PRL) is only of a few exchanges. Currently the most volume is on KuCoin which is a great exchange with new coins added very frequently. If you are happy to help support me I have a referral link here (https://www.kucoin.com/#/?r=1Hv3c). I can see the price of this increasing with the run up to the TestNet launch this month so grab your share of the pearls while they are on sale and watch the price rocket!
Best wishes in your future trades, all the best,
CryptoGeneral
