This is going to be an extensive detailed article on why we believe that Apollo (APL) is going to be one of the top contenders in the cryptocurrency markets in 2019 and years to come in the future. With the rise of all ICO’s in the boom of 2017, along with the bear market in 2018, there has been a natural selection of coins in which most of them have completely collapsed in price simply because they don’t provide any legitimate use case. For any cryptocurrency to have a long term outlook it must have a unique usecase. Apollo is a very nisched cryptocurrency that provides good privacy for its transactions. Moreover, it stands out in its privacy because it offers features that are new and don’t exist in other cryptocurrencies out there. For that reason, and many more which will be highlighted in this article, it is our conviction that Apollo is one of the most undervalued cryptocurrency in the market, and its potential is extremely huge.
For any free society to thrive and live under a democratic system, there must be a good sense of privacy that the citizens can enjoy. The fact that people feel they are watched for every move they make really removes the fundamental principle of freedom. With the birth of cryptos and Bitcoin in particular, different projects out there have tried to incorporate different privacy features into cryptocurrencies to make it safer for people to use without having the fear of being spied on and watched all the time. Given there are some successful ones like “Monero” for instance, there are still some areas that are not fully covered technically to provide privacy in the cryptocurrency transactions.
Here is where Apollo comes into the picture. Nearly all top non-private and private currencies allow the IP address of a user to be easily tracked, making a user’s physical location fully known. There are no currencies on the market which offer an IP masked, decentralized exchange, giving users the ability to buy and sell a currency using private or public transactions directly from their wallet, and this is one of the new and innovative privacy features that Apollo offers.
Purpose of Apollo
Apollo is a new revolutionizing cryptocurrency that is focused to be one of the most feature-rich and most comprehensive cryptocurrency with a main focus on privacy. The ultimate goal of Apollo is to enable the users of the currency to buy & sell cryptocurrency with the affirmation that their transactions are completely private and invisible to any potential malicious third-party eavesdropper. There are many features that Apollo will offer which puts it in front of the competition; to name a few, IP-Masking, Coin shuffling, invisible nodes are a few that will make Apollo flourish.
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There are currently many cryptocurrencies out there that do offer some sort of privacy and a degree of assurance that the transaction can’t be traced, but there are many holes or exploits that can be utilized by a hacker to try to circumvent the given features and still get access to the sender and the receiver of the transaction. Apollo is attempting to tap onto all of the exploitable holes by adding extra layers of security which will make it even harder if not impossible for hackers to circumvent, and that is why I think Apollo is going to be one of the golden nuggets in the upcoming years. More about the extra features and how they will make Apollo grow in subsequent sections of the article.
Problem that Apollo solves
It is important to realize that there are many crypto projects out there at the moment that claim that they are decentralized and that the cryptocurrency is free from manipulation and outside pressure. However not every project can substantiate this with proof. In fact, many projects at the current moment engage in some sort of “KYC” which forces the users to give their credentials and their ID if they want to buy/sell the cryptocurrency in question. This really begs the question – if a user is forced to give away their info, then in the end what is the reason for the actual crypto in the first place? If it’ just a means of sending funds between two parties and the two parties are identified, how is the transaction private? And more importantly, why use the crypto in the first place and not any other means of sending funds like PayPal or Visa etc? These types of regulations defeat the purpose of any project.
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For example, there are many large tech companies that are planning to incoroporate the ability to perform transactions via the blockchain as a sub-product of their company, example of such rumors are Amazon/Facebook. What is important to understand in this scenario that although the transactions will potentially be on the “blockchain” there really is no sense of decentralization. Why? Reason being is because all of these companies and organizations have to adhere to government regulations which ultimately means that at any point in time the government can ask for the transaction details of a specific person or entity and thus the “decentralization” aspect has gone away, let alone the anonimty/privacy aspect.
Here is where Apollo comes into play. Apollo lays out the technology and infrastructure to be free from control and regulation, whether for political purposes or otherwise. This is a fundamental key in any crypto that claims to offer any sense of privacy. Apollo not only uses current widely used and accepted standards to provide privacy, but it adds additional layers to further fortify the privacy and anonymity. Furthermore, the technology that Apollo employs makes it impossible for any government entity to demand the transaction details of anyone. The government can’t put pressure on anyone to extract such sensitive information from Apollo transactions because there is no one that has control over the blockchain. Contrast this with PayPal/Visa in which any government entity can put pressure to get valuable information on transactions that they want more info about.
Features that Apollo offers
Let’s now take a deeper look at some of the core features that Apollo offers.
IP Masking
Apollo will use advanced protocols and technologies to allow for completely untraceable and private transactions in the Apollo blockchain by utilizing “IP Masking”. Technologies such as
“Tor “ will allow for the IP be completely undetectable and give complete anonymity in terms of original IP address.
Private & Non-private exchange of funds
Another unique feature of Apollo is that it gives the user the ability to alternate between wanting a transaction to be private or non-private. The private transactions will ultimately completely protect the user from any third party to get information about the transaction such at the amount that was transacted, the origin/destination of the transaction and other meta-data that is supposed to be classified. The public transactions on the other hand are open and anyone can observe the details of the transactions. The flexibility of alternating between public/private is unique and further makes the solution of Apollo that much more practical.
Decentralized exchange
This exchange will be embedded into the Apollo solution. It will allow anyone in the Apollo network to engage in transactions fully anonymously with each other without the need to identify themselves. The exchange is not like Binance or Bittrex which is run by a company and CEO, rather, the exchange is fully decentralized. This again entails that no user will ever have the obligation to send identification details to confirm their identity and thus making the case of a truly anonymous crypto that more fortified. Furthermore, the exchange will never need to bend to government regulations and control since it’s impossible to control by anyone.
Competitive transaction speeds
Another great feature of Apollo is the “Hermes Blockchain”. This technology is going to revolutionize the entire blockchain industry. The ultimate goal is to leverage transaction speeds of up to 1-2 seconds. This will put Apollo to the top cryptocurrency projects out there to date. It’s important to take this into consideration given the entire context. In the peak of the 2017 bubble of cryptos a BTC transaction could take sometimes up to 3-4 hours to finalize. With Apollo providing a blockchain that can handle transactions in literally seconds, this will open up so many doors for practical implementations. The unbanked population in the poorer countries of the world will have the ability to utilize Apollo for using micro transactions. Also, Apollo will be used as a day-to-day currency because now there is no need to wait for hours to make transactions.
Encrypted messaging
Another reason why Apollo is going to be a whole encompassing solution for anyone that wants to live in a decentralized ecosystem is the fact that Apollo will allow for encrypted messaging to be sent using its infrastructure. The messages will be 100% private and completely untraceable and the IP addresses from the sender/receiver will be completely disguised.
Comparison between top privacy coins
Let’s now take a deeper look into some of the top privacy crypto’s out there and why Apollo reigns supreme in regards to the feature it offers and the additional tech-implementations it has utilized to make the transactions that much more private.
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If we are to take a look at one of the most significant identifier for a crypto to enable users to make anonymous transactions which is namely “private transactions” we can see that apart from Apollo, there really aren’t that many other cryptos that do have this offering. At the current moment, the only other cryptos that have similar offerings are “Monero” and “Verge”. And even in those cases, it’s really debatable on whether or not they really are private. When it
comes to Monero for instance, sure the CryptoNote protocol allows for the sender and receiver to be anonymous in the actual blockchain, however the IP is still known. This is again something that is solved in the Apollo infrastructure since the IP is masked.
Furthermore, when it comes to decentralized exchange, voting system and phased transactions the only crypto that have these kinds of features is Apollo. On top of that, one of the most popular coins that have branded itself as a “privacy coin – DASH” is really not decentralized. This really puts a whole lot of confusion into the cryptospace since many users are not that tech-oriented to find out which cryptos are really private and which are not. Without true decentralization, true anonymity is impossible to achieve fully. The sole reason for that is because once a blockchain is susceptible to pressure and control from people with power it can be pressured to give out transaction details of supposed “private transactions” and hence any user that have performed any sensitive transactions in the ecosystem can never feel safe.
If you are to inspect and analyze the table above which highlights the features that Apollo offers and the features of the current top privacy cryptos out there it will be evident that when it comes to being a whole encompassing crypto ecosystem, nothing stands in comparison with Apollo and Apollo truly reigns supreme with their rich feature oriented infrastructure.
Community analysis
For any cryptocurrency to become truly prosperous it is vitally important for it to have a strong community of evangelists that will spread the word of Apollo to everybody in their circle and to back it up through thick and thin. After having a made a complete analysis of Apollo’s community, it has become more and more obvious that Apollo really have a strong pack of enthusiasts behind that will help take this currency to whole new levels. Let inspect deeper into some of the popular community metrics that will give us some indication on how Apollo stands in relation to its competition.
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If we are to begin with one of the most popular platforms, Twitter, we can see that Apollo really have a very high follower count given its relatively small marketcap as of this moment. At the time of this writing, Apollo has a marketcap of $11 million, and as can be observed from the screenshot above the Twitter account has around 58k followers. This means that Apollo has around 5.2k followers for each $1 million marketcap. To put it in context, the average number of followers on Twitter a cryptocurrency project has for each $1 million in marketcap across all 2000 coins that exists out there is a mere 928! This makes Apollo 5.6x much stronger than its competition with similar marketcap. Again, this is another sign of why Apollo is “undervalued”, when analyzed with its competition of similar marketcap it can be easily observed that even though the marketcap is low, its “true” marketcap value is supposed to be a lot higher. To make this easier to understand, if we are to value the Apollo project in terms of marketcap given this metric then it Is supposed to be 5.6x higher than it is now , so 5.6 * 11 = $61 million in marketcap. This is one of many pieces of evidence that will demonstrate why Apollo is truly undervalued at the current moment.
Telegram
Let’s analyze the Telegram engagement of Apollo. Right from the get go it can be observed that Apollo has one of the most vibrant and active communities there is today on Telegram. At the time of writing this article, the current member count of Apollo is ~71000 members. Furthermore, the current online is 828.
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To put it in context it is of paramount importance to realize how high this number of users is relative to its low marketcap. Currently, Apollo has around 6.5k telegram members per $1 million marketcap. An analysis of the 2000 cryptoprojects that exists currently shows that the average number of telegram users per $1 million in marketcap for each project is only 1.3k. This means that Apollo has 5x more telegram users per $1 million in marketcap compared to cryptoprojects with similar marketcap size – again another reason why Apollo is so undervalued right now. Furthermore, the telegram engagement rate is very high, it has around 1-5% engagement for any given time. Telegram is an important channel of communication to relay information directly at livetime to investors and potential investors to be. Therefore, a high telegram number count means that the entire community can be synchronized with the latest events at real-time should spontaneous news come about. Also, it’s a perfect way for the team to spread out updates frequently without having to resort to creating articles etc. Again, the more the careful observer analyzes the evidence, the more it becomes clear of how truly undervalued this project is.
Google Trends
One of the most effective ways to determine the trend or the appeal of a specific project is to analyze how it performs on google trends. Google trends measure the trendstrength, i.e the
number of people that are searching for the specific term in question over time and provide a graph on how it actually is performing over time. Let’s analyze Apollo with another coin that is in similar range of marketcap evaluation, Tokencard, and see how it compares to it.
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The blue line in the graph resembles the “Apollo Currency” and the redline resembles the “Tokencard” currency. Again, Tokencard is in similar marketcap evaluation as Apollo, yet still Apollo is outperforming it for a very long period of time straight. This is yet another piece of evidence on how strong the appeal for Apollo actually is and why it is so undervalued. The greater the consistent trend strength of a given project the greater the likelihood that it will continue to grow and become even larger in terms of community and from a mass adoption perspective.
Future predictions
As mentioned in the introduction, there really needs to be many parameters that are aligned in place for a successful project to really take off. After careful observation, it is a strong conviction of mine that Apollo has what it takes to be one of the top cryptos in the future. More importantly, what is even more exciting is the fact that Apollo is so undervalued right now so the future upside is much larger than normal. There are a lot of projects out there (in fact almost all of them) that claim that they in one way or another are “undervalued”. However a project does not become undervalued by default. During the 2017 boom every coin under the sun claimed to be undervalued and that their technology was going to be the new thing on the block. But as we all saw, most of them have collapsed into oblivion with no chance of recovery.
So what actually constitutes for a project of actually being undervalued? To begin, there must be a technology that is actually in demand. Furthermore, there must be a previous demonstration that indicates that a product proposition of the same type has a particular evaluation. Then finally, it must be demonstrated that the actual project in its current stage should be much more valuable than what it currently is. In this article, multiple pieces of evidence actually have shown why Apollo is less valued than what it deserves to be. Markets on the short-term act like a voting system, but in the long term they act as a weighing system. Capital markets always have the tendency to value stocks based on their true evaluation at the long term. Therefore, for an investor to get a good deal and a good ROE, an undervalued project must be chosen for their capital to rest in.
As discussed in the “community analysis section” if we are to rank coins based on their marketcap on how they are performing, Apollo really stands out as a project, in fact, based on its current marketcap it is really outperforming other projects of the same marketcap caliber. Therefore it follows that Apollo should be valued much higher than what it currently is at. For that reason, I personally believe that Apollo will be in the top 10-20 coins given 1-2 years of additional development to reach the milestone goals. I predict that once the markets cool off the actual bear and capitulation phase right now, money will pump into Apollo with great enthusiasm as it will be the chosen coin when it comes to privacy. It has a lot more features when it comes to privacy when compared to other coins that claim to be fully private.
Conclusion
Given a complete roundabout analysis of Apollo, I really think that it stands to argue that Apollo has what it takes to take the lead for becoming the top privacy coin out there. Not only will it be a privacy coin, but the actual Apollo platform is going to offer many more security features than just being currency. Apollo is an all-encompassing platform that is focused on delivering privacy and secrecy features ranging all from private monetary transactions to messaging
transactions. All of this will be done in the “Olympus” protocol that is delivered and developed by the Apollo team itself. The end goal is to become one of the most feature rich cryptocurrency on the market and to appeal to both technologically skilled people and the rest of the population. The concept of Apollo is unique and has not been implemented before. Usually, crypto projects tend to utilize an existing framework and add something to it and just re-name the currency. What Apollo is trying to do on the other hand is to actually create a brand that encompasses many more features than just a currency. Everything that is related to privacy will be synonymous with Apollo, and that I think is a very good branding strategy and will set the path to a much brighter future.
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