Top Blue Chip Altcoins with Most Potential in September 2021! (Best Cryptocurrency Investments) - YouTube

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all right welcome back everybody to altcoin daily聽 where you subscribe because you're interested in聽聽
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making money with cryptocurrency and this聽 channel keeps you informed my name's austin聽聽
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in today's video i'm gonna go over the blue聽 chip altcoins which i feel really have solid聽聽
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potential into september and keep in mind when聽 i say potential i'm not talking about price聽聽
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price could do anything i'm not a financial聽 advisor so make your own decisions but what i聽聽
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am talking about is fundamentals are we seeing the聽 progress and what does that progress tell us about聽聽
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the future of these projects so like always check聽 the timestamps down below in the video description聽聽
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and while today we are focusing on high caps in a聽 future video we will be focusing on the mid caps聽聽
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and the low caps so hit subscribe and click the聽 bell notification so you see this information聽聽
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first so first altcoin on our list xtz rallies聽 another 11 percent as swiss firms tapped tezos聽聽
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for a new token standard so this is major and just聽 as a reminder for what tezos is launched in 2018聽聽
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tezos is a proof-of-stake platform that allows聽 developers to create dapps powered by smart聽聽
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contracts so it's a more scalable version of聽 ethereum it's it's like a polka dot it's a leica聽聽
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cardano it's like an eos additionally tezos聽 puts a strong focus on the governance model聽聽
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to ensure that token holders are actively聽 involved in the decision making progress聽聽
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and honestly a lot of tokens have their own聽 unique spin on the governance components of a聽聽
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smart contract platform but when we start to see聽 the adoption that's a whole different ball game聽聽
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the uptick in price comes after a group of聽 swiss-based blockchain and financial companies聽聽
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specifically crypto finance group incorp bank and聽 enacta selected the tezos blockchain as a partner聽聽
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to provide compliant digital financial products聽 and this is a big green flag for tesla's holders聽聽
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the collaboration resulted in the development and聽 introduction of a new tezos token standard for聽聽
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asset tokenization dubbed dar-1 dar1 is based on聽 the existing tezos fa2 token standard and enables聽聽
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smart contract functionality which we expect聽 required to support financial markets activity聽聽
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ranging from anti-money laundering compliance聽 to asset governance interesting so it seems聽聽
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they're carving out their own little niche聽 a tezos token standard to specifically work聽聽
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with those financial bodies and institutions that聽 need some sort of compliance in a joint statement聽聽
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crypto finance group encore bank and enacta said聽 that the main reason they chose tezos was because聽聽
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its on-chain governance allows upgrades聽 without disrupting or splitting the network聽聽
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hey and i get it that is one of the value props of聽 tezos and these companies see value in it incorp聽聽
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bank also announced that it would become the first聽 b2b bank in switzerland to launch institutional聽聽
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grade trading storage and staking services for the聽 tezos network offering its institutional customers聽聽
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new yield earning products so tezos聽 holders give me your thoughts down below聽聽
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i'll keep you updated next altcoin making splash聽 and this is worth mentioning enterprise public聽聽
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blockchain v chain pushes a 1 million dollar聽 usd grant program and while this was hinted at聽聽
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it was announced a few weeks ago the information聽 we have today clinches it they are coming out with聽聽
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enterprise nfts or enfts specifically for聽 the enterprise non-fungible token ecosystem聽聽
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so check this out as they say in their聽 press release as the world's preeminent聽聽
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enterprise public blockchain vechain's mission聽 has always been to drive innovation disruption聽聽
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and digitalization through the application of聽 blockchain technology at mass scale and standing聽聽
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at the forefront of blockchain mass adoption the聽 v chain research team has raised the idea of the聽聽
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next game changer for the industry the enterprise聽 nft enft enterprise non-fungible token ecosystem聽聽
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so they're saying that nfts clearly not聽 going away and to carve out their niche to聽聽
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gain mass adoption for their blockchain they're聽 specifically focusing on an enterprise ecosystem聽聽
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as a key player in the real business world聽 enterprises will be the main driving force聽聽
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behind the mass adoption of nft technologies and聽 as such the best way to facilitate this adoption聽聽
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is to develop and support a vibrant enft聽 ecosystem using the v chain thor platform聽聽
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and how are they going to do this to achieve this聽 goal vechain has committed 1 million dollars usd聽聽
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to fund a brand new vechain grant program and by聽 applying for this grant not only will you get a聽聽
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head start in resources for starting a project or聽 business but your work on dapps nfts and d5 on v聽聽
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chain thor will also contribute to the development聽 of the enft ecosystem so v chain holders sound聽聽
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off below i will be on the lookout to see which聽 enterprises choose to join this new enft ecosystem聽聽
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and as i get that info i will make a video i聽 will keep you updated altcoin number three the聽聽
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ethereum foundation has just secured another聽 1.5 million dollars in donations to support聽聽
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its network upgrade efforts of course the upgrade聽 they're talking about is ethereum 2.0 and why this聽聽
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matters to you is because this is showing us that聽 the entire crypto ecosystem or at least many many聽聽
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key players are donating money and resources to聽 support the success of this major eth upgrade six聽聽
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crypto entities including major exchange kraken聽 as well as decentralized finance protocols uniswap聽聽
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and the graph have donated 250 000 each to the聽 efforts around upgrading the ethereum blockchain聽聽
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now how will this be used the 1.5 million dollar聽 donation will support the execution layer teams聽聽
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working on technical upgrades to achieve ether 2.0聽 and it's not just kraken it's not just the graph聽聽
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it's not just uniswap also donations are being聽 made by d5 protocols compound lido and synthetics聽聽
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i love this this shows many many of the top聽 players in the industry different cryptocurrencies聽聽
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coming together to support ethereum 2.0 being a聽 success for all you technical people out there聽聽
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the five ethereum clients that will receive this聽 funding are basu aragon geth nethermind and nimbus聽聽
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and ethereum's goal is to lessen the risk聽 associated with the network's over-reliance on a聽聽
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single entity so that is something we can all get聽 behind aetherium always has been a top altcoin to聽聽
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watch in my opinion this cycle and they're still聽 making progress into september and keep in mind聽聽
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the history and the trust is still on ethereum聽 and that's not going away major financial giant聽聽
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visa buys a crypto punk and to do that they聽 had to own eth in a direct tweet from them聽聽
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over the last 60 years visa has built a聽 collection of historic commerce artifacts聽聽
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from early paper credit cards to the zip聽 zap machine today we enter a new era of nft聽聽
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commerce visa welcomes crypto punk 7610 to聽 our collection they paid 150 000 in ethereum聽聽
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for this little guy right here and moving forward聽 before we get to cardano and a few other altcoins聽聽
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next altcoin that just took a major step forward聽 is cosmos bitcoin is coming to cosmos with聽聽
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inter btc so just as a reminder think of cosmos聽 like a polka dot meaning they're aiming to be聽聽
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the internet of blockchains really focusing聽 on interoperability allowing different chains聽聽
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to communicate with each other and bringing聽 bitcoin to cosmos was always part of the plan聽聽
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with the latest grant by the interchange聽 foundation icf to interlay the developers of inter聽聽
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btc that goal just got one step closer so here are聽 the details in terms of how cosmos is different聽聽
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how cosmos is connecting all these different聽 chains launched in february 2021 the protocol聽聽
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the inter-blockchain communication protocol or ibc聽 is the cosmo standard for allowing any two chains聽聽
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to communicate share liquidity and functionality聽 and transfer tokens and other data within the聽聽
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cosmos ecosystem and once they use their ibc聽 protocol to connect the chains users like you and聽聽
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me can manage all their crypto assets and balances聽 cross chain from within one intuitive and simple聽聽
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interface and as more ibc enabled chains are added聽 the utility and popularity of cosmos defy grows so聽聽
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give me your thoughts down below with cosmos聽 aiming to be that central hub of blockchains聽聽
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this does bring us one step closer and just for聽 some perspective bitcoin on cosmos will bring deep聽聽
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liquidity to the cosmos ecosystem and greatly聽 increase the utility and scope of cosmos defy聽聽
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don't count cosmos out they are definitely making聽 progress as a coin to watch and next up an altcoin聽聽
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with a huge community just got bigger what kind of聽 impact will japan have on ada cardano sees japan聽聽
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listing after passing strict crypto regulatory聽 checks so japan is saying cardano is regulatory聽聽
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okay with them cardano will be launched on the聽 25th of august and get listed in japan and why聽聽
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is that significant well japan much like the us聽 much like europe has one of the most demanding聽聽
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listing criterias worldwide and cardano's聽 native coin ada has finally been authorized聽聽
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and cardano now joins the bitcoins the ethereums聽 the litecoins or what japan feels is regulatory聽聽
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okay for their citizens to invest in and even聽 to put ada more into perspective versus eth聽聽
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when somebody asks you why ada and not eth show聽 them this so this is comparing bitcoin to cardano聽聽
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to ethereum in terms of market cap in terms of聽 real actual volume in terms of transactions in聽聽
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terms of active addresses and also network fees聽 what do you notice well first off while cardano聽聽
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obviously has a much lower market cap than the聽 other two it's actual real on chain volume pretty聽聽
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similar to the other two that's a good sign聽 transaction volume at least that day when the聽聽
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screenshot was taken cardano is beating ethereum聽 now obviously this is subject to change but the聽聽
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important thing is that even though on that聽 day cardano transactions were beating ethereum聽聽
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notice how the fees on cardano much much lower in聽 comparison this is 52 000 compared to 22 million聽聽
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significant something to note that is the video聽 my name is austin if a coin was not on your list聽聽
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hopefully it makes the mid cap or low cap coins聽 in a future video but like always see you tomorrow