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Coin NameSymbolKeywordsDescriptionIs it a shitcoin?Why?Long-Form Writeup
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ChainLinkLINKblockchain, smart contracts, payments, apiChainLink is blockchain "middleware" that allows smart contracts to access things outside of the blockchain, such as data feeds, web APIs, and bank account payments.MAYBEThe coin hasn't really proven itself yet. The idea seems sound, and also isn't a "dime-a-dozen" coin like gaming coins or messaging services. Be cautious if investing in the ERC-20 tokens, but it doesn't seem inherently terrible or full of false promises like some other coins.N/ANOTE: All information given are opinions and are for informational purposes only. Don't invest a bunch of money because of what an internet spreadsheet says, dingus. Do your own due dilligence.
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Cloud TokenCLOUDcloud computing, hosting, distributed computing, Amazon Web Services (AWS), Microsoft AzureAllows exchanging the tokens for AWS/Azure instances at up to 50% reduced prices.YESThe website offers no information as to how this is sustainable in the long run. The plans offered have the exact same limits as the AWS free plans, for example. This indicates that they probably set up new Free Tier AWS accounts and then sell them in exchange for CLOUD tokens.https://szy.io/2017/10/05/shitcoin-or-not-cloud/What's a shitcoin? A shitcoin is an altcoin, cryptocurrency or ERC20 token that is undeniably scammy. Shitcoins usually revolve around false promises, misleading information and tricks to try to get a potential investor to buy their coin. Shitcoins should not be purchased or invested in under any circumstances as they serve to do nothing but make money for the coin makers themselves and will offer no return on investment.
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DigiTokenDIGIblockchain, digital goodsA coin for digital goods such as music, movies, ebooks etc. It aims to create a marketplace for these types of digital goods and sell them with DIGI.YESThe first huge red flag is that the website puts the ICO purchase address BEFORE explaining what the coin even is. It adveritses "A $500+ Billion dollar market opportunity. More than 4x the current market cap of all cryptocurrencies combined" which is the investment equivalent of putting a Beanie Baby on eBay for $500,000 and saying it's worth that because it's listed for that much.N/AREMEMBER: Just because something is listed on this sheet as "not a shitcoin", that doesn't mean I'm advising you to buy the coin. It just means that the coin is not a complete scam based off of their website, whitepaper, etc. Just because a coin isn't a scam doesn't mean it's worth buying.
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EnjinENJgaming, esports, virtual goodsA coin for gaming. Used to buy/sell gaming items. Also advertises a gaming-focused CMS & ecommerce platform.YESYet another "gaming" coin that nobody will care about. Simple as that.N/ANOTE: Out of principle, I don't invest in any of the coins listed on this spreadsheet. The only coin I have invested in is Ethereum.
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ExpanseEXPblockchain, smart contractsExpanse claims almost nothing except to be a coin for smart contracts on a decentralized blockchain. AKA exactly what Ethereum does.YESThe site gives absolutely no information other than a bunch of dreamy bullshit about why it's a great coin. Everything is incredibly vague and only mentions "big ideas" and making "the dream a reality". Protip for sniffing out shitcoins: Ideas are worth exactly $0.N/A
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GUTS TicketsGETtickets, entertainmentGUTS is a Blockchain-based ticketing system. Its goals include reducing or eliminating ticket fraud and scalping.NOGUTS seems like a very reasonable idea. There's not much more than a whitepaper at this point, so beware. But at the same time, there's nothing inherently scammy about this coin. Their claims are reasonable and nothing about their website is scammy, misleading, or trying to trick people into buying their coin.N/A
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Rush CoinRCgaming, virtual goods, real time strategyThis is an ERC20 token used in the game Hash Rush to purchase in game items and "mining power" in the context of the game.NOThis seems like a very novel and interesting idea. The coin isn't being massively hyped for no reason, there's no false promises, and the devs make it clear that the coin is for use in the game, so it's really just like any other "in-game currency" except this time it's tied to the ERC20 token system.N/A
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SensaySENSEchat, artificial intelligence, messaging, social networkSensay is for a decentralized messaging platform and allows people to train AI using their conversations using the Sensay chat software.YESMessaging coins are a dime a dozen. Nobody cares. There is an enormous barrier to entry with messaging services where if you don't have a critical mass of users, nobody will use it or care. That applies here. Nobody's going to care enough to use it, so it'll just flop.N/A
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TrustPlusTRUSTmining, bitcoinI... Have no idea what the fuck this coin even is. They basically just say, on their site, "Trustplus is not a unique coin, it is a professionally cloned Hackcoin." whatever the hell that means.YESIncredibly vague website, no information as to what it does, why it exists, what purpose it serves... The subreddit is completely empty except for posts from 2 years ago and posts from two weeks ago that are either spam or declaring the subreddit as dead.N/A
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