Investing in New (Scam?) Projects - Part 3

What's up everyone?

This is the last part of "Investing in New (Scam?) Projects" and today I wanna talk to you about Phala Network(https://phala.network/)

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What is Phala Network

Phala is the first confidential smart contract network built on Substrate, aiming to provide confidential computation and data protection services for enterprises and users. Phala Network would serve the whole Polkadot ecosystem as one of the Polkadot parachains.
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If I understood correct, Phala's primary goal is to protect users data through encrypting and let users decide if they want to share their data and with who.

Big internet companies like Google, Facebook, Instagram etc. sell our data without shame and we earn nothing for it. When Phala's main net is live, things will change (hopefully)

Phala is also one of the first projects that are built upon Polkadot blockchain, a blockchain that sits in Rank #5 in terms of Marketcap according to https://www.coingecko.com

The team

Phala's team is a mix of ex employes who used to work in HUGE internet companies like Google, Tencent etc.
More info can be found at their website.

Coin Stats

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https://www.coingecko.com/en/coins/phala-network

Where can I buy Phala.Network coins? ($PHA)

You can buy your share in famous crypto echanges like Huobi, MXT, Gate.io and many more.
$PHA is already experiencing a nice pump of 110% and the coin just started trading in exchanges.
Could this be the next x10 coin in your portfolio?

My Thoughts

If you've read my previous "Investing in New (Scam?) Projects" blogs then you know that I am not the best when it comes to trading nor I am a "big" investor but my main focus the past few weeks is to spot low Market cap coins and buy a small portion of each hidden gem I find.

I believe that Phala has a bright future cause the team is 100% transparent, they have already delivered what they promised and they keep their community updated almost daily through Medium, Twitter and their other social media channels.

I got into $PHA when it was 0.08$ and I am already seen a nice small profit in my investment! Should have sold when it touched 0.23$ and re-buy now to be honest but whatever, I am still 30% up in my investment.

What do you thing about Phala.network guys.
Share your thoughts with me at the comment section bellow and I would love to learn about other low market cap "gems" if you have discovered any.

This is not a financial advice guys. Don't listen to me when it comes to investing and do your own research.

Thank you all for your support. As a full-time online hustler, supporting my content allows me to keep doing what I love.
Much love to everyone and always have fun.
@Knowhow92