Hot Coins 🔥 VeChain, CryptopiaFeeShares & Obsidian

Week of January 14th, 2018

VEN (VeChain) - The VeChain Foundation has set out to become the top distributed business ecosystem. The project’s CEO Sunny LU, who was most recently the CIO of Louis Vuitton China, has been doing a damn good job of getting that done. They have already formed partnerships with PwC, Kuhne + Nagel (Massive Global Freight Company), and China Unicom (Chinese Telecom operator  w/ 4 largest mobile subscriber base in the world). Just today, VEN partnered with the Chinese Government as well, with the National Tobacco Corporation. At $6.20 USD and a market cap ranking of 30, VEN is a solid pickup.

CEFS (CryptopiaFeeShare) - CEFS is an interesting token that distributes 4.5% of the gross fees collected each month on the Cryptopia exchange to those who hold it. The price is strikingly high at about $7,500 USD right now, but there are only 6,300 tokens in circulation and that is a hard cap. At current trading levels, one coin would yield ~$90 USD a month, which would be about $1,000 USD a year. CEFS is greatly undervalued in comparison to similar exchange tokens on Kucoin (KCS) and Binance (BNB). What makes it even more enticing is that Cryptopia added one million users in december, and that number is set to double in January. As the exchange grows, so grows the dividend, and maybe even the price of CEFS. It trades exclusively on Cryptopia at the moment.

ODN (Obsidian) - Obsidian is a project that is building a private data-exchange platform, centered around private messaging. It is definitely an early stages project as the app is in beta, but it is relatively unknown and sits at a market cap ranking of 363.  The team is growing and if they deliver on some Q1 goals, ODN should see a sharp increase. It trades at $1.30 on HitBTC and Cryptopia.

If a private messaging platform seems a bit generic to you, this comparison should explain why people are getting excited about Obsidian, and what they intend to accomplish:


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