This week, the whole crypto currency market experienced slight decline after the BTC ETF got rejected by SEC. Among top 5 crypto currencies, EOS experienced greatest loss of nearly 17%.

1. Market Overview

The past week’s daily average global market capitalization of cryptocurrency was $290.49 billion and the daily average transaction volume was $15.17 billion, indicating an incline of 8.26% and an incline of 8.26% respectively. The daily average market capitalization of the top five cryptocurrencies increased by 8.11% from the previous week. The increases in price of the top five cryptocurrencies was led by BTC, which experienced a price increase of 15.9%, and BCH experienced the greatest price increase by 16.08% in the past week.

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Of the top 10 cryptocurrencies that increased this week, most of the projects were of the vertical application sector. Speed Mining Service, a mining project, experienced the greatest increase in price by 162.29%.

RankingProjectTokenFieldBrief descriptionTrading amount (per $10K)Token priceIncrease/7d
1 Speed Mining ServiceSMSMiningThe SMS project is a decentralized and diversified cryptocurrency mining business in Japan.$173,837$18.03162.29%
2Fox TradingFOXTAsset managementFOX is a trading platform for foreign exchange and cryptocurrency.$201,018$0.12114.98%
3WABnetworkWABPaymentWAB enables secure transactions without the need for an intermediary.$4,900,838$0.0063.64%
4empowr coinEMPRCommunity tokenEmpowr’s mission is to connect people around the world to socialize and to create value together.$123,064$3.3055.83%
5DigiFinex

Token

DFTDecentralized exchangeDigiFinex is an exchange that uses a “trading is mining” mechanism.$3,183,197$0.9854.90%
6ZclassicZCLCryptocurrency and paymentZclassic is the first major branch of Zcash.$1,740,149$12.8947.30%
7BezopBEZE-commerceBezop is a solution that provides users with an e-commerce business.$692,641$0.1045.41%
8MSDMSDPaymentMSD is a cryptocurrency based on Ethereum that can be used to pay for retailers within the ecosystem.$61,300$0.0142.92%
9AMLTAMLTNetwork securityAMLT provides users with risk data related to cryptocurrency and establishes a secure environment.$95,123$0.0239.83%
10SRCOINSRCOINMedical insuranceSRCOIN is a massage chair provider with health data collection.$1,162,080$0.0039.13%

Data source:coinmarketcap;retrieved at 12:00 on July 27th, 2018

2. Analysis of Top 200 Market Cap Projects

According to August 3rd 12:00 p.m., the market capitalization of the top 200 projects decreased by 10.70% from last week. Based on the main categories of cryptocurrency and payment, basic chain and protocol, vertical chain and protocol, and vertical industrial application, the projects of the vertical chain and protocol sector decreased the most.

Through further classification of the vertical chain and protocol and the vertical industrial application sectors, it was found that the past week’s education projects were on obvious increases at a rate of 22.27%. Also, projects of the notary certification sector experienced an increase of 18.39%. On the other hand, IoT and AI projects experienced the greatest decreases with a rate of 26.68% and 27.23% respectively.

3. Analysis of Newly Listed Projects

 There were 59 new projects in the market the past week (mainly of the cryptocurrency and payment vertical), 61.02% of which dropped below issued price within 24 hours of listing. Most of the newly issued tokens were listed on IDEX and IDAX.

Among the new projects, KWH experienced the greatest increase in price (of the energy sector), reaching an increase of 44.69% within 24 hours. VIVID experienced the greatest decrease in price (of the cryptocurrency and payment vertical), reaching a decrease of 22.40% within 24 hours.

Ratio of New Projects Based on Categories

Data source:Coinmarketcap.feixiaohao.OK Blockchain Capital analysis

Table of newly listed projects

ProjectTokenFieldExchange PlatformInitial Listed Price$Current Price$24h Trading VolumePrice change (24h)Listed Date
NIXNIXBasic chain and protocolIDAX, Nanex0.44720.228017$229,840-10.00%Jul-28
Apollo CurrencyAPLBasic chain and protocolIDAX, Coinbene0.0018110.001555$34,717-4.52%Jul-28
Bitcoin FileBIFIBasic chain and protocolGate.io, Huobi0.0052900.005435$110,331-11.63%Jul-28
WavebasePWVHuman resourcesQryptos0.0036300.002978$249-10.07%Jul-28
Galaxy ESolutionsGESE-commerceBancor Network0.050760.005312$2,557-7.55%Jul-30
FNKOSFNKOSData servicesCoinBene0.13080.113368$282,933-1.84%Jul-30
PRASMPSMMedical insuranceIDAX, Coinbene, Cointiger0.0038120.003712$17,137-12.03%Jul-30
BitKanKANContent copyrightHuobi, OKEx.

ZB.com, CoinEx

0.0093240.007023$2,447,921-2.23%Jul-30
 CondominiumCDMCryptocurrency and paymentCryptoBridge, Cryptopia0.0063740.006670$46,08717.92%Jul-30
AceDACEDCryptocurrency and paymentCoinExchange, CryptoBridge0.19740.2513$3,1704.20%Jul-30
PigeoncoinPGNCommunity tokenQBTC, CryptoBridge0.0007970.000781$20,582-5.33%Jul-30
STASIS EURSEURSStable coinDSX, HitBTC1.171.16$15,358-0.37%Jul-30
HorusPayHORUSHuman resourcesDragonEX, BigONE0.020280.023292$78,94314.52%Jul-30
Coinsuper Ecosystem NetworkCENPlatform tokenCoinsuperJul-30
VeThor TokenVTHO Basic chain and protocolLBank0.038310.02672$44,629-10.26%Jul-30
ATC CoinATCCCryptocurrency and paymentTrade Satoshi0.086710.01198$743,8092.74%Jul-31
DIPNETDPNContent copyrightHitBTC, IDAX, Fcoin0.0050410.004933$323,115-0.97%Jul-31
VexaniumVEXE-commerceTokenomy, BTC-Alpha, Exrates0.029330.03779$3,492,561-13.01%Jul-31
Master Contract TokenMCTCorporate servicesSwitcheo Network, Hotbit0.0097780.008836$86,023-7.84%Jul-31
White StandardWSDStable coinStellarport1.020.9737-0.39%Jul-31
VoltACDCPaymentBitForex, CoinBene0.0020060.00178$47,497-3.69%Jul-31
Niobio CashNBRCryptocurrency and paymentCrex24, TradeOgre0.0017750.002084$8302.63%Jul-31
PurexPUREXCryptocurrency and paymentCoinExchange0.091720.12806$4,72124.20%Jul-31
BitScreener TokenBITXAsset managementIDEX, Hotbit0.022410.01737$856-9.88%Jul-31
PRiVCYPRIVCryptocurrency and paymentBiteBTC0.071940.06855$13,156Jul-31
CoinvestCOINDecentralized exchangeIDEX, HitBTC0.26780.189779$851-9.09%Jul-31
Luna StarsLSTRSocial networkCoinrail, Coinhood0.0006170.00049$105,745-13.38%Jul-31
Carlive ChainIOVE-commerceBit-Z, Fcoin0.0098470.008955$237,824-6.80%Jul-31
AlchemintSDTAsset managementSwitcheo Network0.036170.037671-3.59%Jul-31
CanonChainCZRBasic chain and protocolBCEX, Bibox0.029530.026756$221,171-6.11%Jul-31
Promotion CoinPCAdvertisingHADAX, Bit-Z0.0009090.000811$408,784Aug-01
RightMeshRMESHCharityBitForex, IDEX0.10930.136838-1.20%Aug-01
BrickblockBBKAsset managementBitMart, IDEX, Gate.io0.046460.048166$3,2695.17%Aug-01
NeuroChainNCCAIHADAX, IDEX0.024580.025576$182,7776.83%Aug-01
KalkulusKLKSCryptocurrency and paymentMercatox, CryptoBridge0.065770.079915$10,22215.40%Aug-01
Ethereum MoneroEXMRPaymentEtherDelta, IDEX0.027170.029753$36,478-2.47%Aug-01
HdacHDACIoTBibox0.10590.101454$574,026-3.84%Aug-01
New Power CoinNPWCryptocurrency and paymentCryptopia, Stocks Exchange1.821.80$35,4570.74%Aug-01
KWHCoinKWHEnergyTOPBTC0.0014660.006366$154,98444.69%Aug-01
HaracoinHRCCryptocurrency and paymentCoinExchange0.39940.401430$12,8680.53%Aug-01
Vivid CoinVIVIDCryptocurrency and paymentCryptoBridge0.18500.139359$15,122-22.40%Aug-01
ZMINEZMNMiningBX Thailand, Trade Satoshi0.058110.058146$96,2520.27%Aug-01
ArionumAROCryptocurrency and paymentMercatox0.025090.023879$29,885-8.08%Aug-01
IDOL COINIDOLEntertainmentCoinExchange0.0001490.000151$33,0961.39%Aug-01
YOU COINYOUBasic chain and protocolOKEx0.027800.025732$467,838-7.23%Aug-01
Six Domain ChainSDAIoTRfinex, OKEx, CoinTiger0.018200.017843$3,228,340-0.87%Aug-01
LitexLXTPaymentBit-Z.Fcoin0.012540.012537$236,271Aug-02
BitcoiNoteBTCNCryptocurrency and paymentCrex24, Stocks Exchange0.0042280.004228$2,382Aug-02
XTRDXTRDAsset managementIDEX0.0049780.004978$617Aug-02
BitCapitalVendorBCVWalletHADAX, Bit-Z0.0092780.009366$435,748Aug-02
Yuan Chain CoinYCCCorporate servicesHADAX, HitBTC, Hotbit0.020240.020183$516,728Aug-02
DACSEEDACSTransportationQryptos0.020790.020788$69,261Aug-02
BrokerNekoNetworkBNNDev. toolCoinExchange0.0001510.000151$6,228Aug-02
ZelCashZELCryptocurrency and paymentTradeOgre Trade Satoshi, Stocks.Exchange0.026490.026459$3,000Aug-02
FormosaFMFAsset managementIDEX0.021830.021803Aug-02
WebcoinWEBAdvertisingIDEX, Hotbit0.0019700.001975$84,114Aug-02
ACREACRECryptocurrency and paymentCryptoBridge0.62220.621467$59,522Aug-02
SemuxSEMBasic chain and protocolStocks Exchange0.57430.573633$3,243Aug-02
Intermational Crypto XINCXDecentralized exchangeCoinBene, Hotbit0.0088900.008860$249,257Aug-02

Data source:Coinmarketcap, Feixiaohao

4. Analysis of Closed Public Sales Projects

There have been 71 closed public-sale projects this past week, with the soft cap totaling nearly 226 million USD. Among these projects, projects of the finance vertical received most funding, exceeding over 60 million USD.

Table of closed public sales projects(July 28th – August 3rd)

ProjectTokenFieldPlatformSoft Cap
GamblicaGMBCGamblingETH4,000 ETH
TGICTGIAsset managementETH
ZeroEdge.BetZEROGamblingETH3,000 ETH
AISI CoinAISIAsset managementETH7,040,000 USD
Airforce MiningAFXMiningETH
MetatipMETAPaymentMetaverse Blockchain
Ponics TechnologiesPOTAgricultureETH9,250,000 USD
eCoinomicCNCLendingETH6,000,000 USD
PryvateCoinPVCNetwork securityETH
AllForMinerMITMiningETH500,000 USD
SurruSSURRInsuranceETH800,000 USD
The Sun ExchangeSUNEXEnergyETH25,000,000 USD
BirakeBIRPaymentETH3,000,000 USD
Innovative BioresearchINNBCMedical insuranceETH
EkspaEKSPACorporate servicesETH400,000 USD
Secure Donation TokenXSDCharityETH500  ETH
Baanx.comBAANXAsset managementETH1,000,000 USD
Alt.EstateALTAsset managementETH1,000,000 USD
AVINOCAVINOCData servicesETH8,000,000 USD
BethereumBTHRGamblingETH
ChubexCBX TokenDecentralized exchangeETH
IMDEXIMDXDecentralized exchangeETH2,000 ETH
DRCGDRCGAsset managementETH
VikkyVILHuman resourcesETH5,000 ETH
OKMCoinOKMCCorporate servicesETH5,500,000 USD
OnlineOIOAdvertisingETH5,000,000 USD
BeeMedicsBMCMedical insuranceWaves700,000 USD
BambooBAMAsset managementETH
BlockGrainAGRISupply chainETH
Evident ProofEPTData servicesETH
IvynIVYNPaymentETH18,900,000 USD
EQIEQIBankingETH15,000 ETH
FundersTokenFSTCorporate servicesETH
UnionUNI TOKENAsset managementETH
MaxDataMXDData servicesETH5,000,000 USD
Saturn NetworkSATURNBasic chain and protocolETH1,675 ETH
Property CoinPCXAsset managementETH
Nimbus TokenNIMAsset managementETH8,050,000 USD
RegoREGOAsset managementETH5,000 ETH
TriwerTRWE-commerceETH5,000,000 USD
GreenXGEXEnergyETH2,500 ETH
AIgathaATHData servicesETH
BitForexBFDecentralized exchangeETH30,000 ETH
SpecularSPEKGamblingETH
MovecoMOVTransportationETH5,000,000 USD
DacxiDACCommunity tokenETH3,000,000 USD
ETHernityminingETMMiningETH2,500,000 USD
Double LandDLC TokenGameETH8,000 ETH
SURETY.AISUREInsuranceETH5,000,000 USD
DEEP AERODRONETransportationETH10,000 ETH
efirQZAdvertisingETH1,250 ETH
EpigenCareEPICMedical insuranceETH
McFly.aeroMcFlyTransportationETH
Viola.AIVAISocial networkETH1,000,000 USD
Asura CoinASAGamblingETH2,500,000 USD
CGCXCGXDecentralized exchangeETH5,000,000 USD
STAYSTAYAsset managementETH5,000 ETH
ETH TravelETHTTTourismETH10,000 ETH
dStadiaDSTAGameETH2,800,000 USD
TracoinTCNTransportationETH5,000,000 USD
PAYERAPERAE-commerceETH8,000,000 USD
WallChainWALLCryptocurrency and paymentETH3,000,000 USD
YodseYODSECorporate servicesETH7,000,000 USD
DaricoDECAsset managementETH
ROOMDAORDCTourismETH1,200,000 USD
BuddTokenBUDDCommunity tokenETH10,000,000 USD
ExoloverEXOEntertainmentETH500,000 USD
TalaoTALAOData servicesETH5,000 ETH
STRYKZSTRYEntertainmentETH8,900 ETH
CoinetCOTAsset managementStellar200,000 USD
OmenoOMEAsset managementETH1,000,000 USD

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

5. Important News on Global Governmental Policies this Past Week

 6. Keeping Up with the Blockchain Giants

 

 

7. Hot Topic of the WeekOKEx General Conference

On July 5th, 2018, FCoin released the “Announcement on FCoin Main Board Brand Upgrade and the Start of Tokenization Experimental Zone”, and proposed the plan for the Tokenization Experimental Zone. On July 23rd, Bizkey, the first project to participate in the FCoin Tokenization Experimental Zone, held a public Q&A meeting.

1.What is Tokenization?

“Tokenization” means to convert traditional enterprises‘ assets into liquid assets that can be issued and applied with. Tokenization is mainly for internet companies with mature products, industry chains and traditional companies. This process restructures their businesses according to the ideas and models of tokenomics. The issuance and application of tokens changes how interests and profits are distributed, and also encourages all parties involved to participate in the system more.

2.Early “Tokenization”

Before the concept of tokenization was formally introduced, many blockchain companies had promoted good projects to embrace and apply tokenomics. In addition to the internet giants “BAT”’s blockchain development exploration, few established Internet companies have tried to integrate tokenomics into their systems,

  • OK Blockchain Capital proposes that it will apply the resources and technology it has to help excellent teams to complete and tokenize their projects.
  • In December 2017, in the case of declining revenue and decreasing performance, the content community Tianya released its blockchain token “Tianya Token” and Tianya Diamond. Tianya is used to complete various payment and transactions in the community. Users can get Tianya tokens through community contributions. Tianya tokens can be transferred to Ethereum. Tianya diamond is a community privileged item that rewards users with Tianya tokens every day.
  • In January 2018, Renren Company released the RRCoin whitepaper and launched the RRCoin that is based on the Ethereum network to improve social network incentives and consumer behaviors.

 

3.The First Tokenization Experimental Zone Project——Bizkey

As of last Thursday, “Tokenization Experimental Zone” announced only one registered company, Bizkey – the smart POS machine project. In the Bizkey ecosystem, there are two types of tokenization, BZK and Time. BZK is for the merchant side, which represents the value of transaction data and uses the “trading is mining” mechanism which will be circulated in the exchange. Time is for the user side, which is equivalent to tokenized points. Users receive points through consumerism, and accumulated points can be used for special privileges. Bizkey uses the incentives of tokenomics to enable merchants and intermediaries to obtain tokens through the “trading is mining” mechanism and to promote their smart POS machines.

4.Which companies are involved in the Tokenization Experimental Zone?

According to public information, the types of companies that have registered for Fcoin’s Tokenization Experimental Zone can be summarized as follows:

  • Companies with problems in their supply chain, industrial chain relationship, and user and community management. These problems cannot be resolved by traditional models, and therefore hope to use blockchain technology and tokenomics to transform its businesses.
  • Projects that naturally collect data and require data management, reward point incentives and other related requirements, are in line with the transformation of tokenomics.
  • Projects that are facing difficulties in terms of its finances and hope to receive new funding.

5.Difficulties in carrying out Tokenization

  • The design of the tokenomics model changes the distribution of interests, profits, and/or benefits. If an equity-based company proceeds with tokenization, it may damage the interests of the current shareholders of the company due to the design of the tokenomics model.
  • The infrastructure and technology development of the blockchain industry is still lacking. The calculation speed, transaction speed and storage capacity are not powerful enough to support large-scale applications.
  • Tokenized securities may run into legal compliance issues.

Appendix

Table Upcoming Crowdfunding Projects(August 4th – August 10th

ProjectTokenPublic offering launch datePublic offering close dateFieldToken QuantityPublic offering percentage*Hard cap
VreoMERO2018/8/42018/9/1Advertising19,500,000 USD
URAllowanceURA2018/8/42018/9/30Education1,012,500,00040%30,000 ETH
LeadRexLDX2018/8/42018/11/9Corporate services137,000,00080%10,700 ETH
ACA NetworkACA2018/8/42018/9/30Advertising2,000,000,00050%100,000,000 ACA
Asset Allocation TokenAAT2018/8/42018/9/4Asset management45,000,00060%27,000,000 USD
Lunch MoneyLMY2018/8/52018/9/5Consumerism250,000,00016%40,000,000 LMY
Avatar NetworkATT2018/8/52018/9/5Digital identity6,000,000,00020%12,000 ETH
REOSREOS2018/8/62018/9/20Content copyright10,000,000,00050%45,000 ETH
MedChainMDX2018/8/62018/9/5Data services71,180,00049%15,000,000 USD
SleecoinSLEE2018/8/62018/11/25Real estate200,000,00050%100,000,000 SLEE
DevelopeoDEVX2018/8/62018/8/27Education600,000,00080%480,000,000 DEVX
Boomstarter.NetworkBC2018/8/62018/9/23Crowdfunding48,000,00075%20,000,000 USD
ORCAORCA2018/8/62018/9/6Banking660,000,00042%9,800,000 USD
LooksCoinLOOK2018/8/62018/8/30Content copyright1,000,000,00050%30,000,000 USD
idap.ioIDAP2018/8/72018/10/15Asset management1,000,000,00075%750,000,000 IDAP
ELPISELP2018/8/72018/9/15Asset management250,000,00078%10,000,000 USD
Alive CasinoAL2018/8/72018/12/1Gambling30,000,000 USD
PavocoinPAVO2018/8/72018/9/15Agriculture200,000,00050%30,000,000 USD
SilkChainSILK2018/8/72018/8/31Trading10,000,000,00025%95,000 ETH
DeFund ProjectXDF2018/8/72018/9/6Asset management500,000,00090%11,097 ETH
UsechainUST2018/8/82018/8/8Digital identity20,000,000,00045%4,500 BTC
Box2TableB2C2018/8/82018/10/8Corporate services500,000,00076%41,000,000 USD
Contractium.ioCTU2018/8/82018/11/11Corporate services3,000,000,00050%10,000,000 USD
Dizcovery NetworkDIZ2018/8/82018/8/31Content copyright1,000,000,00060%20,000,000 USD
TycoonCoinTTC2018/8/92018/8/31Cryptocurrency and payment90%17,131,333 USD
InfraCoinsINF2018/8/102018/10/31Tourism50,000,00060%30,000,000 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