Popular analyst Tom Busby shares with his subscribers 5 altcoins under his radar with the potential to 50x based on their use case, tokenomics, and recent developments.
AIOZ (AIOZ)
First on the list is AIOZ Network, a distributed CDN built on its own Blockchain. On AIOZ Network, users share redundant memory, storage and bandwidth resources to create a vast CDN capable of powering streaming platforms anywhere in the world.
Recently, the project has announced its collaboration with the University of Liverpool to do studies and build AI solutions for AIOZ Network.
“With the support from The University of Liverpool in researching and developing AI solutions to further improve the AIOZ Network platform, AIOZ Network and AI-powered Video Compression promise to create breakthroughs in live streaming and the entertainment industry.”
Atari Token (ATRI)
Next on the list is Atari Token (ATRI), a decentralized cryptocurrency based on the Ethereum blockchain. It was designed by Atari Chain Ltd., a subsidiary of the video game and consumer electronics firm Atari Interactive, specifically for the needs of the interactive entertainment industry.
The team has just moved to Fantom blockchain to embracing the layer-1 solution known for the fastest transactions at a low transaction fee. This collaboration is significant for both blockchain companies since they are each a pioneer in their fields.
“By taking a decision to use Fantom’s secure blockchain, Atari Token and its dApps can almost instantly improve their performance and costs.”
DAFI Protocol (DAFI)
Dafi introduces the first alternative since Satoshi, to use network rewards for building a decentralized economy. Instead of directly issuing tokens for staking and liquidity, Dafi ties synthetics to each network’s adoption.
In October, the team announced that it has partnered with the digital collection blockchain-based powerhouse Terra Virtua (TVK) to introduce a new staking model.
“Terra Virtua has made great moves in the mass-market NFT ecosystem. TVK has partnered with powerhouse names such as Paramount Pictures and Legendary Entertainment, in order to reward longer-term users better; it has been a natural choice for them to turn to DAFI.”
Hacken Token (HAI)
Hacken Token (HAI) is a cybersecurity coin underlying the rapidly growing Hacken Foundation. Hacken Foundation is a fully-fledged organization that unites cybersecurity products and companies developing secure Web 3.0 infrastructure.
Busby strongly highlights that Hacken Foundation is trusted by both crypto industry leaders (Vechain, Ava Labs, FTX, and 300+ other entities) and traditional IT and product companies (Namecheap, AirAsia) while being an official partner of the government of Ukraine.
Upland (UPX)
Last on the list is Upland (UPX). Upland claims to be a parallel world where users play, operate businesses, and connect with fellow Uplanders.
As the crypto KOL explains, players will buy, sell, and trade virtual properties that are mapped to real-world addresses. Blockchain technology ensures true ownership of digital assets in Upland. The in-app currency called “UPX” fuels an open market economy.
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