Revisiting BlockMason Credit Protocol Token (BCPT) - Research and Opinion.
After an Airdrop and a nice run to just over $1.50 USD it has suffered the fate of the Altcoin market drop.
Looking at the fundamentals we can see many positives and a few negatives as well.
BCPT is listed on a number of exchange platforms like Gatecoin, Bittrex, Kucoin, Etherdelta, HitBTC, Cryptopia, Upbit and Binance.
BCPT seems to be bouncing within its trading channel with very small fluctuation. RSI/volume and other indicators may point to a low volume accumulation and dark pool consolidation for an upcoming spike.
BlockMason Credit Protocol blockchain network uses ETH with BCPT Tokens for transactions and plans to include direct settlements in Bitcoin, Litecoin, and Doge in the future. The BCPT is an ERC20 Token, meaning it is built on the Ethereum blockchain technology. Many are concerned with a possible regulation of ICO's and those coins built on the Etherium network. This is a concern and must be taken into consideration when looking at BCPT.
However, BCPT has a working product in the form of the LNDR application. This is a HUGE deal in the altcoin world...
While many coins whose valuations far exceed BCPT's are trading on an idea - a whitepaper -a website only , Blockmason has produced an actual working blockchain application.
Reviews of LNDR however are few and far between. Although just launched, the adoption seems a bit slow.
This application seeks to target the un-banked and un Pay Pal'd population and could soon explode in popularity and evolve into a very workable and viable way to settle small debts Peer-Peer.
Many scoffed at companies like SOFI and PROSPER lending for their innovation in the Peer to Peer lending market. Many are criticizing Blockmason at the present as well. - Just saying...
This coin may be a sleeping giant and one that many of us may say "If only I had ..."
I am not yet long on this project but the more research I do the better this company and very strong Team looks to me.
Certainly worth a look at this low circulation and maximum supply coin that could have a lot of space to run....
As of the time of post :
$0.540147 USD (1.40%)
$37,677,117 USD market cap
Current total circulation : 69,753,450 BCPT
Max total supply: 116,158,667 BCPT
Comments?
Resources The website and whitepaper listed below
Blockmason: https://www.blockmason.io/
Whitepaper: https://www.blockmason.io/creditprotocol/