CPChain is aiming to be the next generation of IOTA, for IoT (internet of things). IoT is the interconnection of devices with the internet, and thus can be applied to the blockchain. They want to fix bottle neck problems, cost, security, and privacy issues, which are the big tasks for the emerging technology. These problems are preventing scaling. The adoption of IoT technology depends on them being solved. Does CPCHain hold the key?
It may be some of these projects are looking for an IoT blockchain that is able to scale with their project! For instance, Vechain, is looking at protecting goods such as wines, luxurys, counterfeiting of cigarettes etc, by guaranteeing their authenticity via the use of the blockchain. However, they will need an IoT technology that can scale with them, step in CPChain?
Their core features as stated on their website are to be scalable, secure and Fast. If they are going to be working with projects like Vechain, they will need to process thousands of items in this manner. They have already completed part of their development for distributed cloud architecture and consensus protocol. The crowd funding will allow them to launch at full scale, which is expected in Q3 2018.
CPChain was funded privately for 30 million, and I believe there are about 100million tokens in circulation. The minimum investment amount was 100ETH which tells me its backers must be extremely confident in the project and expect it to succeed.
Price: $0.22
Circulating supply: 230 million CPC (Estimated no one knows yet)
Total Supply :1Billion CPC
Only available on IDEX/Etherdelta. Bigger exchanges expected soon
https://coinmarketcap.com/currencies/cpchain/
At the current price the market cap sits at just 22million, (we are in a downward market atm). If this market even grabs just 10% of the market cap of its leader IOTA, that will be a 10X increase! So, the potential is huge. But little is still known about the company.
Website: http://www.cpchain.io/
Twitter: https://twitter.com/cpchain_io
Telegram: https://t.me/cpchain
Thanks for Reading
Disclaimer : All investing is speculative. This isn't financial advice. Just one man's opinion of a complex fractal world with infinite variables, affecting the system, at exactly the same time.
If you would like to buy Vechain it is available on Binance.
