Members Sleeping Giants List → Google Sheets
With specific regards to our Sleeping Giants report, we've distilled it down to the following names that BotTrigger has already accumulated (ICON for example) & will be adding further weight to once we get a deep correction on the. following names. We've already largely taken positions on the following but will only be adding to these once we get at least -50% correction on everything across the. board. Always remember, all cryptos will drop more than -50% at least 4 to 7 times per year along their primary term uptrend. ALL OF THEM. BTC, NEO, ETH, DASH for example all will lose half their value more than a few times thru out the year. Our goal is to trade around these massive corrective cycles by "reducing" and never selling entirely, with the intent of increasing position size.
We've invested a lot of resources getting in-step with creating a core portfolio across both stocks & crypto to reap the benefits of blockchain exposure in quality positions for both of the portfolios. And it was for good reason, with the ICO (initial coin offering) space completely stealing the show from traditional equity funding by more than 6x at around $3 billion in capital raise from the ICO landscape:
Really think about that for a moment....beyond the fascinating revolutionary innovation that is Blockchain....this is especially why we've been so adamant to address why it was inevitable that the herd was indeed coming.
You now have that "traditional equity funding" value-chain which largely consists of the trifecta-chain of 1) Silicon Valley that hunts the talent ...2) delivers to Goldman Sachs...3) which then plates the offering to Wall Street via IPO.
That value chain has been struck off it's high horse and leveled the playing field to allow anyone in elementary school with a Bitcoin / Ethereum wallet to now take Grandmas birthday money and kurplunk it on an ICO that he/she read about on Reddit. Obviously that's not where the lion share of this capital influx is coming from...merely dramatizing the audience exposure and network effect that is occuring in this space. Now that's not to say that it doesn't come with it's own risks & perils. With the lack of regulation in the space, there are shilers & money grab projects/schemes pervasively throughout Crypto and so intensive research & diligence is imperative in this space.
Moving on ...
Before we get into out Sleeping Giant picks, I want to shed some important perspective of what the crypto environment is capable of...many are unaware that more than 80% of all the 1400 some different cryptocurrencies are sporting market-caps that are 10x to 100x higher from when they first started trading on the exchanges. Too many are actually much higher than 10x from 100x to 1000x to 1 million x higher in market-cap, and thus the commensurate gains that were made had you merely held on to a vast majority of these coins was astronomical.
This is not financial advice: we are merely sharing with our Members what BotTrigger is doing, and it's been more than kind to us.
The theme of 2017 was centered around ETH BTC DASH & our most published buy alerts were largely around NEO.
The theme of 2018 is still squarely rooted in having NEO ranked no less than a top 3 holding by allocation weighting. We haven't sold any of our NEO and have no plans to at the present time. With that said, the aim for 2018 is to identify the next positions that have NEO-like potential. Our Sleeping Giants picks are centered around a diversified strategy of allocating in the following positions effective immediately today, January 20th. Note* these allocations & positions are subject to change as the landscape unfolds on the basis of both technical and fundamental narratives that play out.
For the sake of simplicity, we are segmenting our Crypto portfolio into 3 Model Portfolios:
Crypto Core: Everything that currently is allocated in the existing Crypto portfolio which will consist largely of the most established projects & currencies - Conservative Positioning
Sleeping Giants : Everything in our Sleeping Giants Report that we believe has the momentum & use case to 2x to 5x by years end.
Gems Folio: Focusing *only* on what we perceive to be quality projects that are absurdly undervalued relative to their future trading value
One last note, you will notice that the majority of our picks in this report are more weighted on Blockchain Protocol infrastructure plays and less so around dApps (decentralized applications). We couldn't agree more with Lynn Purcell from SeekingAlpha on his article titled: Forget Cryptocurrencies, Invest In Platforms
Blockchain protocols such as Ethereum, NEO, Cardano, LISK, Waves, Stellar Lumens, ICON, EOS, IOTA etc...these are the developer tooling platforms that Developers will build dApps upon...think of them kind of like Apple iPhone's iOS market place or Android's market place which is the platform that Developers build apps on top of. We believe it's the Blockchain Base Layer Protocols(Etherum, NEO, ICON etc) that will take lead and accumulate the most market share from Institutional & traditional crypto investors in the long haul for 2018, net wise. Think about it for a second too...your Charles Schwab and you're creating a syndicate outfit dedicated to producing alpha in the crypto space...are you going to invest the lion share of your weightings into random token projects or in solid blockchain proliferation platforms like NEO & find the next superior Ethereum platform with better tech? In crypto, it's critically imperative that you don't FOMO the chase on all these pump cycles that you will see ad infinitum...they will distract you from the real gains to be made HODLing quality projects with a money trail of backing & eager developer community.
So although you will see lots of glorious pumps in the crypto arena...we're going to keep our focus largely on Blockchain Protocols & we're also very bullish on Privacy Cryptocurrencies such as Monero, Verge, ZCash, Zcoin, Cloak, Colx, Phore.
With specific regards to our Sleeping Giants report, we've distilled it down to the following names that BotTrigger has already accumulated (ICON for example) & will be adding further weight to once we get a deep correction on the. following names. We've already largely taken positions on the following but will only be adding to these once we get at least -50% correction on everything across the. board. Always remember, all cryptos will drop more than -50% at least 4 to 7 times per year along their primary term uptrend. ALL OF THEM.
Without further ado:
ICON: ICX “Hyperconnect the World”
WEBSITE: https://www.icon.foundation WHITE PAPER: http://docs.icon.foundation/ICON-Whitepaper-EN-Draft.pdf
Interviews & Media:
Newest Partnership Announcement with Kyber $KNC for DEX conversion:
Per their website, ICON (ticker $ICX) aims @ interconnecting blockchain networks allowing cross communication capability for all Platform Protocols to communicate with one another. ICON can connect independent blockchains without the use of additional third-party intermediaries. Various blockchains can communicate with each other through the ICON platform. By connecting siloed blockchains, ICON aims to become the largest blockchain in existence.
To do this, the ICON team is building a massive platform that will allow various blockchains to interact with each other via smart contracts. Existing within what developers brand the ICON Republic, communities will connect with each other using ICON’s loopchain technology. ICON’s end game is to provide a platform where players from financial, security, insurance, healthcare, educational, and commerce industries and beyond can coexist and transact on a single network.
ICON has been in development for two years to date. It was founded by Dayli Financial Group, a Korean Fintech company valued at $4 billion that also owns the popular Korean exchange Coinone.
ICON tokens, $ICX are used as an intermediary currency when transacting amongst the various blockchain networks. As an inter-chain blockchain, the ICON platform will be able to host other ICOs on the ICON platform.
As we've discussed before, crypto 2018 will be a great year for platform coins. In crypto there are niche specific sectors that are especially thriving for their use case potential for cryptocurriences. One of our favorites is the dApp (decentralized applications) platform proliferation coins like $ETH, $LISK, $ARK, $NEO, & $ADA Cardano. We’ve covered quite a few already and in fact made both $ETH & $NEO among our top core allocations. Ethereum was first on set, but that doesn't make it best of breed. We're not taking the position that there will be other dApp proliferating platforms that will inevitably dethrone Ethereum. Yes, Ethereum has scalibility issues as we've seen on a number of instances this year and yes there are already dApp platform builders with with superior tech like NEO & ADA Cardano....but as of right now, Ethereum is still the de facto platform with the lion share of cryptos being built on. Ethereum
With Ethereum ICO price at $0.20 just this year, and price gains to almost $1000 by the end of 2017, we are confident that the coins to be watching out for are the ones that offer scalable, efficient development tools for their users.
One project that really stands out for its long term potential is ICON. This project is backed by a team of over 50 employees and 25 partner companies, and was created by Dayli Financial Group: http://www.daylifg.com/ - a powerhouse of Korean Fintech Startups.
It’s mission statement is nothing less than bold but it hopes to cement itself as a leader in blockchain interoperability and development, meanwhile tackling traditional scaling issues. ICON is the largest blockchain network in South Korea and is lead by 5 consortiums - Securities, Banks, Universities, Hospitals and Insurance. They have full backing from the Korean Government.
The ICON team are attempting to build one of the largest decentralized networks in the world. To kick things off and give you an idea of how that looks, the ICON network already boasts large communities of reputable institutions including banks, hospitals, and universities. The dApps that are built on the ICON network will allow for a seamless payment system, as all
other ICON participants will be able to accept ICX as payment. This means if insurance company issue ICX it can also be used in the hospital payment system if they are part of ICON.
ICON was created by the same team behind The Loop. The Loop/Loopchain is a distributed ledger company that have already built a large network of participants to use their blockchain solution, hence the immediate use cases for ICON..
Protocol Level + Interoperability: We have seen that the biggest winners in Crypto are those that provide infrastructure level solutions, the idea is that “fat protocols” will accrue the bulk of wealth in the near to medium term. ICON is not only a smart contract protocol in the vein of Ethereum it is also solving for interoperability. Interoperability is possibly the most underpriced infrastructure level element in the crypto space. It is an inevitable development that the blockchain ecosystem needs to develop on its way to maturity, Siloed projects need to be able to communicate for a truly decentralized ecosystem to manifest. However the interoperability space is only now beginning to build serious momentum (yes, this is still very early) and ICON is one of the earliest movers. We believe that interoperability will be the next big boom in crypto and ICON has its hat firmly in the ring.
Where to Buy ICON
Binance dominates ICON’s trading market, accounting for just over 90% of its 24/hr volume. 73.44% of this trading is done in BTC, another 15.89% in ETH. ICON’s other exchange, OKEx, has its own ETH and BTC trading pairs, along with a USDT pair with only 0.05% of the currency’s 24/hr volume.
Where to Store ICON
ICX, ICON’s coin, is an ERC20 token, so any Ethereum-compatible wallet, such as Meta Mask, Ledger Nano S, My Ether Wallet, etc. will support it. The ICON team also plans to launch their own web, software, and Android wallet either at the end of Q4 2017 or Q1 2018.
The ICON Team and What’s to Come
ICON’s team comes replete with 39 individuals from across the business, A.I., engineering, blockchain, and marketing industries. Its advisors include Don Tapscott, a Canadian business executive who has built his career on fostering technological innovation and adoption, and Jason Best, a Forbes top 10 crowdfunding organizer.
In the foreseeable future, the team wants to get most of ICON’s key features running. In Q1 2018, this includes expanding DEX’s reserve pools to major cryptocurrencies and integrating more blockchain communities into their network. They’re also looking to launch ICON V2, which will include such imperative infrastructure as C-Rep channels, public channels, and an A.I. advisor.
If ICON can function as well in the real world as it does on paper, this network may very well be the skeleton key that unlocks blockchain interoperability and connects these services to existing industries. The project’s whitepaper hashes out how ICON would fit into established industries, including healthcare, education, business, insurance, capital markets, and so on. Individuals and entities could not only use ICON for data transfers and monetary transactions, but they could also use blockchain I.D. on the ICON platform for identy verification and enhanced security measures.
Moreover, ICON’s DEX would provide users a potentially safer, all-encompassing alternative to traditional exchanges. When the team releases ICON’s core wallet, investors and enthusiasts will be able to trade directly from their ICON software, web, or mobile wallet without having to navigate a multitude of exchanges.
If all goes as planned, ICON could be integral to the real-world adoption of cryptocurrencies and formal integration of the blockchain into legacy businesses, enterprise, and markets.
The following information is extracted from the ICON Whitepaper, Website and Blog. It has been slightly reduced in length to provide a brief and easy to understand overview. Review the full ICON white paper here:
While most of these platforms and blockchains provide the below solutions already, TheLoop have already have amassed a wealth of clients that are already integrating their blockchain solutions. This adds immediate gravitas to ICON's potential.
TheLoop are powering the underlying blockchain solutions for the below markets and services, but ICON will connect them all. We’ll explain in more detail after we dive into the current use cases being implemented by LoopChain.