Weekly Blockchain Industry Report [June 6 -15, 2018]

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by Andy Watson · 7 min read
Weekly Blockchain Industry Report [June 6 -15, 2018]
Photo: Pixabay

Check out the report created by OK Blockchain Capital covering main trends of blockchain industry over June 6-15, 2018, with strong focus placed on the market overview, analysis of the newly listed and closed public sales projects, along with topical news on global governmental policies.

1. Market Overview

The past week’s daily average global market capitalization of cryptocurrency is $304.4 billion and the daily average transaction volume is $15.48 billion, indicating a decline of 10.99% and 4.51% respectively. The daily average market capitalization of the top five cryptocurrencies has decreased by 10.36% from the previous week. EOS has experienced the greatest price decrease in the past week with a low of $9.44, a decrease of 36.30%. BCH closely follows with a 28.02% price decrease with a low of $818.62 this past week.

weekly-blockchain-industry-report-june-9-15-2018-figure-1

weekly-blockchain-industry-report-june-9-15-2018-figure-2

Data source: Coinmarketcap.

Of the cryptocurrencies that increased, FirstCoin (a cryptocurrency and payment system) rose the most, increasing by 639.2%.

Table 1.1. Top 10  Project  in terms of the amount token price increased  (June 6-15, 2018)

Ranking Project Token Field Brief description Trading amount24h Token price Increase/7d
1 FirstCoin FRST Cryptocurrency and payment FirstCoin is an efficient proof of equity/work encryption certificate $306,040 $0.08 639.20%
2 DigiCube CUBE Finance All transactions on DigiCube are confirmed by the master node before they are considered valid $1,413,150 $0.00 159.18%
3 Infinity Economics XIN IoT Infinity Economics deploys smart contracts to empower the IoT industry with blockchain technology $2,809,060 $0.01 74.18%
4 GINcoin GIN Wallet GINcoin aims to provide users with a convenient and quick way to deploy nodes $292,884 $12.36 67.36%
5 GoByte GBX Public chain and protocol GoByte is a new cryptocurrency based on Dash. $472,470 $4.67 29.42%
6 ZIP ZIP Payment Zipper provides blockchain-based services to global financial institutions, delivering cross-chain information $14,355,100 $0.00 28.17%
7 Linda LINDA Anonymous token Linda is a dynamic anonymous cryptocurrency that supports multi-currency wallets that can be cross-linked for instant transactions $317,701 $0.00 26.24%
8 Swarm SWM Asset management Swarm is a fully decentralized, democratic and autonomous capital market platform based on blockchain technology. $114,660 $0.84 23.89%
9 Latium LATX Social network Latium is a recruitment platform that publishes tasks on the platform and attracts participants with token rewards $3,709,240 $0.07 21.54%
10 DubaiCoin DBIX Asset management ArabianChain will use blockchain technology to build a full-featured application platform. DubaiCoin is the currency of the platform. $225,406 $4.79 21.27%

Data source: Coinmarketcap; retrieved at 11:00 on June 15th, 2018.

2. Analysis of Top 200 Market Cap Projects

The market capitalization of top 200 projects decreased by 15.76% compared with that of last week. Based on the main categories of cryptocurrency and payment, public chain and protocol, vertical industrial chain and protocol, and vertical industrial application, the vertical industrial application decreased the most.

weekly-blockchain-industry-report-june-9-15-2018-figure-3

Data source: OK Blockchain Capital.

Through further classification of the public chain and protocol vertical, it was found that this week’s exchange platform tokens and advertising verticals were on obvious decreases at rates of 40.29% and 36.74%. In comparison to OK Blockchain Capital’s previous weekly report, the two greatest-increasing verticals last week saw the largest drop this week, indicating that the popular verticals are accompanied by a high risk of retracement.

weekly-blockchain-industry-report-june-9-15-2018-figure-4

Data source: OK Blockchain Capital.

3. Analysis of Newly Listed Projects

There are 11 new projects in the market last week, 72.72% of which dropped in price within 24 hours of launch. Among the new projects, vertical chain and protocol and gambling had relatively better price performance. Most of the newly issued tokens are listed in IDEX, HitBTC, and Hotbit.

New Projects Categories Ratio

weekly-blockchain-industry-report-june-9-15-2018-figure-5a

Data source: Coinmarketcap, feixiaohao, OK Blockchain Capital analysis.

New Projects Listed Exchanges Ratio

weekly-blockchain-industry-report-june-9-15-2018-figure-6

Data source: Coinmarketcap, feixiaohao, OK Blockchain Capital analysis.

Table 1.2. Newly Listed Projects (June 6-15, 2018)

Project Token Field Exchange Platform Initial Listed Price$ Current Price$ 24h Trading Volume$ Launch Date
GoChain GO Public chain and protocol Kucoin 0.0342 0.02 $2,376,060 6/14
Couchain COU Data service Hotbit, IDEX, Mercatox 0.00021 0.00026 $1,257,560 6/12
SalPay SAL Cryptocurrency and payment Qryptos, IDEX 0.4 0.08 $79,492 6/12
CEEK CEEK Entertainment Bancor, IDEX 0.5 0.05 $55,812 6/12
CashBet Coin CBC Gambling Bittrex, HitBTC 0.5 0.25 $132,983 6/12
PikcioChain PKC Data service Switcheo 0.27 0.20 $57,182 6/12
MIRQ MRQ Advertising CryptoBridge 0.5 0.35 $94,524 6/9
Engine EGCC Transportation HADAX, Bit-Z, Coinnest 0.004 0.002 $1,144,760 6/9
CGC Token CGC Decentralized exchange HitBTC, Cobinhood 1.28 0.11 $1,696 6/9

Data source: Coinmarketcap; retrieved at 11:00 on June 15th, 2018.

4. Analysis of Closed Public Sales Projects

There have been 35 closed public sales projects this week, totaling nearly 150 million USD. Among these projects, advertising and medical projects received most funding and were most prevalent.

Main categories of public sales project this week (fields with investment more than $5M)

weekly-blockchain-industry-report-june-9-15-2018-figure-7

Table 1.3 Closed Public Sales (June 6-15, 2018)

Project Token Field Platform Soft Cap (USD)
Big Data Block BDB Data service Ethereum 3 million
CyteCoin CTC Data service Ethereum 5 million
Spotcoin SPOT Advertising NEO 5 million
HEROIC.com HRO Public chain and protocol Ethereum 2.5 million
Wizebit WIZE Public chain and protocol WizeBit 2.5 million
Loyakk LYK Public chain and protocol Ethereum 3 million
 Payiza PYZ Public chain and protocol Ethereum 2 million
 Greenish GREE Cryptocurrency and payment X11 3 million
 Vanywhere VANY Education Qtum 2 million
 Tutellus TUT Education NEM 4 million
 Zodiaq ZOD Finance Ethereum 1.5 million
 ETH Travel ETHTT Tourism Ethereum 5 million
 Smart Trip Platform TASH Tourism Ethereum 1 million
 FTV Coin Deluxe FTV Advertising Ethereum 5.87 million
 CRYSTALS CRS Advertising Ethereum 1 million
 Monoreto MNR Advertising Ethereum 0.2 million
 Slate SLX Advertising Slatechain 20 million
 Switcoin SWIT Advertising 30 million
 Solarex SRX Energy Ethereum 5 million
 ETHernitymining ETM Energy Ethereum 2.5 million
 SupplyBloc SUPX Corporate services Ethereum 1 million
 PAYERA PERA Corporate services Ethereum 8 million
 Safe.ad SAFE Corporate services Ethereum 3 million
 Swace SWA Corporate services Ethereum 3 million
 NWPSolution NWP AI Ethereum 0.3 million
 Box2Table B2C AI Ethereum 5 million
 Swachhcoin SCX AI Ethereum 5 million
 Baanx.com BXX AI Ethereum 1 million
 Kuende KUE Medical Ethereum 2 million
 Innovative Bioresearch INNBC Medical Ethereum 5 million
 Superfruit SFT Medical Ethereum 0.1 million
 FarmaTrust FTT Medical Ethereum 7 million
 BotGaming BOT Medical Ethereum 5 million
 DarcMatter Coin DMC Asset management NEM 5 million
 ZNAQ ZNAQ Asset management Ethereum 0.53 million

Main data sources: Icobench, Foundico, smith and crown, icodata, icodrops, icoadvert, Coinschedule.
Secondary data sources: Project websites.

5. Important News on Global Governmental Policies this Past Week

 weekly-blockchain-industry-report-june-9-15-2018-important-news

 

6. Keeping Up with the Blockchain Giants

weekly-blockchain-industry-report-june-9-15-2018-blockchain-giants

 7. Hot Topic of the Week: EOS Main Network Launch

The voting rate of the EOS main network officially exceeded 15% on June 15. The EOS main network was activated and formally launched. The first batch of 21 EOS supernodes (block producer) were created. EOS Canada took the top spot in the vote, with more than 42.3 million votes and 3.3%. In addition, there are 8 Chinese nodes.

The chart below shows the current 21 BP country distributions:

weekly-blockchain-industry-report-june-9-15-2018-figure-8

Retrieval time: 17:00 Beijing time, June 15, 2018, Source: eosportal.

Table 1.4  21 EOS supernodes  (June 6-15, 2018)

Rank Account Country Votes
1 eoscanadacom Canada 3.30%
2 eosauthority United Kingdom 3.28%
3 eosdacserver China 3.26%
4 eosnewyorkio United States 3.01%
5 eoscannonchn China 2.99%
6 eoscafeblock Canada 2.91%
7 eos24freedom United Kingdom 2.77%
8 bitfinexeos1 United States 2.76%
9 eosliquideos United States 2.70%
10 cypherglasss United States 2.63%
11 eossisgravity China 2.53%
12 argentinaeos Argentina 2.43%
13 eosyskoreabp Korea 2.35%
14 eoshuobipool China 2.35%
15 eosriobrazil Brazil 2.34%
16 eosswedenorg Sweden 2.28%
17 eosbeijingbp China 2.27%
18 eoseouldotio Korea 2.23%
19 eosstorebest China 2.06%
20 eosiomeetone China 2.03%
21 eosasia11111 China 2.02%

Retrieval time: 17:00 Beijing time, June 15, 2018, Source: eosportal

Appendix

Table 1.5  Upcoming Crowdfunding Projects  (June 16-22, 2018)

Project Token Public offering launch date Public offering close date Field Token Quantity Public offering percentage* Hard cap
Find Exchange FEX June 16, 2018 June 30, 2018 Finance 112 million 56% 33 million USD
Path Network PATH June 16, 2018 August 7, 2018 Data service 240 million 60% 47.6 million USD
Diamond Horse Performance Fund DHP June 16, 2018 July 7, 2018 Finance 25 billion 40% 2500ETH
CVerification CVER June 17, 2018 July 15, 2018 Education 186 million 50% 40,000 ETH
ViolaAI VAI June 17, 2018 July 16, 2018 IoT 903 million 37% 12.5 million USD
PaidEx PAD June 17, 2018 July 15, 2018 Finance 60.21 billion 60% 60 million USD
ServAdvisor SRV June 18, 2018 July 18, 2018 Consumerism 169 million 85% 30,000 ETH
Pool of Stake PSK June 18, 2018 July 20, 2018 Asset management 053 million 76% 8 million EUR
PREVISIONe PVS June 18, 2018 July 8, 2018 Prediction 064 million 64% 25 million USD
Subaj Global Network SBJ June 18, 2018 July 28, 2018 Consumerism 5 billion 50% 70 million USD
EIPlatform EMI June 18, 2018 July 4, 2018 Game 075 million 75% 60 million USD
StoneToken STTN June 18, 2018 July 6,2018 Asset management 7.25 million 74% 7 million USD
Paygine PGC June 18, 2018 August 17, 2018 Finance 042 million 27% 30 million USD
 ImmVRse IMV June 19, 2018 June 22, 2018 Entertainment 300 million 33% 20 million USD
 Aurum AURUM June 20, 2018 August 21, 2018 Consumerism 300 million 80% 75,000 ETH
 Reger Diamond RDC June 20, 2018 July 20, 2018 Consumerism 22 million 35% 21.5 million USD
 UChain UCN June 20, 2018 June 23, 2018 Public chain and protocol 210 million 40% 12,000 ETH
Upfinex UPX June 20, 2018 September 10, 2018 Exchange platform token 20 million 57% 4.2 million USD
SUPERIUM SUM June 20, 2018 July 20, 2018 Entertainment 450 million 90% 50.94 million USD
 Attrace ATTR June 21, 2018 July 5, 2018 Advertising 500 million 50% 15.7 million USD
 Terawatt LED June 21, 2018 July 7, 2018 Energy 65,000 65% 11.46 million USD
Phoneum PHT June 21, 2018 July 21, 2018 Cryptocurrency 24.63 billion 12% 20 million USD

*The ratio between public offering Token quantity and the total Token quantity of the project.
Main data sources: Icobench, Foundico, smith and crown, icodata, icodrops, coinschedule, icoadvert
Supporting data source: websites of the projects.

Cryptocurrency News, News, Token Sales
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