Best ‘new’ Cryptocurrency to buy or mine, in 2019

Over to past couple of months, I’ve been on a mission. I prefer to call it a secret mission, but you may not find it as cool.

Now, I’ve always been heavily involved in cryptocurrency, both as a miner, market buyer and public speaker, but for this series of blog posts, I will remain anonymous.

So what was this mission? Quite simple; I wanted to determine which of the new, smaller altcoins (or ‘shitcoins’, if you’re that way inclined), were the most promising, in terms of profitability and project scope, for the year ahead.

I decided to tackle this in a slightly different way to the norm. Rather than simply spending a month staring at rhetoric, price predictions and aggressive promotional campaigns, I wanted first-hand exposure of communities, and project engagement. I wanted to understand the sentiment of non-core members involved with projects, and how the inertia of their efforts may push a project forward.

“We’re not talking about, or are interested in twitter spammers”

We’re not talking about, or are interested in twitter spammers. We’re talking about people who assist with the development of core and non-core aspects of a project. People who so strongly believe in a project, that they are willing to sacrifice their time (in some cases very expensive time), to further the cause.

Sure, I’ve also considered statistics, technology, and rhetoric; but hopefully by being more heuristic, we can gauge a better opinion of potential.

Let’s talk about entrance criteria
- The coin must be new, VERY new
- Coin difficulty should be relatively low, and minable by common hardware
- Coin price should be low, with high potential for upside investment
- There must be at least one platform available, to allow me to engage with the community

How did I be mark the coins?
- Profit potential
- Community Projects/engagement
- Presentation of official website, products
- Mining Difficulty, mining compatibility
- Long-term feasibility of core ethos

“Some coins took only minutes to determine that they were not up to it, but I’m not in the habit of shaming new projects”

Some coins took only minutes to determine that they were not up to it, but I’m not in the habit of shaming new projects. So without further ado, here are, in my opinion, the two CPU/GPU minable coins for 2019 with the greatest potential;

2nd Place
Zumy (ZMY)

Zumy has some big claims for the future, but right now, it’s not trying to be anything special. It’s just a good old fashioned PoW+MN blockchain, with a maximum circulating supply of just over 12M, and a CPU-centric algorithm.

Their future, it’s claimed, will include a social media platform. But right now, we’re interested in the next 12 months.

At the time of writing, Zumy is not listed (officially) on any exchange, but it has been trading unofficially for around $0.30, with an announcement imminent regarding its first exchange listing.

The community is predominantly Discord-based, and is engaging. I’ve posed several technical questions, and received prompt support, not only from the core team, but general members.

The core team are engaging with the community around decisions like exchange choices, from the get-go

I could not find any external websites or services, set up by the community, but there are regular quizzes, question and answer sessions, and generally strong engagement from the community.

I like their core team’s premine-watch. Since Zumy is not a private coin, they are able to reliably track and present the movement of the Zumy development pre-mine.

The combination of a small maximum supply, low price, and strong community engagement, leads me to believe that Zumy has x10 investment potential for 2019.

Negatives — no community-run sites or services, no mobile wallet, not currently exchange listed, not CMC listed.

So what’s number one? Drum roll, please!

1st Place
uPlexa (UPX)

uPlexa, like Zumy, has big plans. However, whilst both coins are aimed at commodity hardware, uPlexa has gone one step further; IoT.

Their ethos is based around increasing decentralisation through the use of billions of low-powered IoT devices. They’re also keen on engagement with vendors of services such as power and water. Their vision is a world where the majority of the electronic devices in your home, can not only further secure their payment network, but can also reduce the costs of utility services.

“Their vision is a world where the majority of the electronic devices in your home, can not only further secure their payment network, but can also reduce the costs of utility services”

However, like Zumy, this article is predominantly more interested in the next 12 months.

Like Zumy, there is a strong Discord community; in fact, it was the most responsive community I’ve come across during this exercise.

uPlexa community members almost appear to fall over themselves to answer questions, and their efforts are openly appreciated

However, this is where we start to see differences, which ultimately lead to uPelxa being my number 1.

I came across at least two, usable websites, run by the community, the first of which, a mining benchmark database and general news outlet, caught my eye whilst watching one of IMineBlocks (https://www.youtube.com/channel/UCjYHcWGAjUVqU49D2JOKD3w) videos on YouTube.

UPlexamining.com is a mining benchmark database, specifically for uPlexa

Outside of the community, I also observed that at least one of the developers is working on the project full-time; which isn’t as common as you would think.

This has led to several key developments, ahead of the traditional timelines associated with these kind of projects; uPlexa have both a mobile wallet AND a mobile miner (BETA), something that Zumy does not (nor any of the other ‘new’ projects we could find).

uPlexa’s android wallet and miner (BETA) have been released within 3 months of project launch

“uPlexa have both a mobile wallet AND a mobile miner (BETA), something that Zumy does not (nor any of the other ‘new’ projects we could find)”

And that brings us on to brasstaxes; at the time of writing, UPX is priced on Graviex at 5.9 satoshi. They are officially listed on both Graviex and STEX, with an impending CMC listing. There is a significantly larger maximum supply in comparison to Zumy; 10.5B.

Even so, where I believe Zumy to have x10 investment potential this year, I actually think uPlexa could be x100. To see this coin priced at 600 satoshi, is far from unrealistic.

Negatives — IoT mining is yet to be proven on a large scale, presentation of official website and app UIX could be improved

A strong community, independent sites and services, fast development of mobile platforms, and an incredibly low current price make uPlexa my ‘new and accessible’ coin for 2019.

KC x