The report will conclude with a grading out of 10. NKN is one of oldest project of blockchain with great experience and innovating team, who working to adopt future technology to support new developer and investor. There are channels for various languages, as well as channels focused on development and the various applications on the NKN network. Our Fundrise review found a couple of important insights about Fundrise’s performance through the years that may or may not sway you to invest. For any terms or metrics specific to this post, I will provide explanations besides the figures. Those that have been reading this blog for a while (or that have read my book) will know that I like to see a figure of 1% or greater to indicate significant interest, though I prefer this to be the case with the Average Exchange Volume-to-Network Value rather than from the past 24 hours. It's going to be an exciting ride. This could be one of the best cash investments you ever make. A well-balanced portfolio typically includes a blend of products and assets that can hedge against risk while meeting short- and long-term investment objectives. For a relatively small and new project like NKN, this isn’t too bad at all, and shows on-chain interest. The token itself operates using a Proof-of-Relay consensus mechanism; a novel development. Just submit your email and I’ll make sure you’re included in the list. However, they may be some other options available as well. There is plenty of experience here, as tends to be the case with ICO projects. ⭐Is NKN a good investment in 2021? Liquidity pertains to the ability to readily trade a security at … For businesses, “ISPs can improve network coverage, offer secure and verifiable data transmission as well as trade unused bandwidth for new revenue streams.”. The roadmap is native to the website’s About page but is not clearly linked in the navigation menu, as it should be. In today’s report, I will be assessing the fundamental and technical strengths and weaknesses of NKN. Okay, so let’s say you’re buying a condo as your first home. If you are looking for virtual currencies with good return, NKN can be a profitable investment option. N.B: The following Coin Report on NKN is the third and final community-selected report of Q1 2019. Furthermore, it will last for a total of ten years. The premise behind the NKN project is indeed intriguing…. In much the same way that Ethereum has decentralized applications, your NKN investment will do the same for internet access. Despite advances in digital communications, the average office still prints 10,000 sheets per employee per year. NKN has been pillar of decentralized application building and innovation, as it was developed in … Whilst the NKN Twitter account does have a fairly large audience, its engagement rate is not particularly special. Whilst reward-to-risk is not particularly attractive for a trade, given the size of the range itself, I would be inclined to allocate a predetermined percentage of capital at current prices for a longer-term position. NKN (New Kind of Network – a name that tips its hat to Stephen Wolfram; the man behind A New Kind of Science) was launched in January 2018, but raised funding via an ICO in April 2018, after which its token was created. Further, the average engagement rate for the Media industry (the most relevant in the report) is 0.013%, thus NKN’s is 26.15x greater. This is a NEO based asset. This is more significant than it sounds at first. NKN set an all-time high against BTC of ~7200 satoshis in June 2018, after which it spent a few months bleeding out alongside the rest of the market. Despite the fact that there is around a year’s-worth of data, most of the token’s history has been spent range-bound. It is also rather rudimentary, featuring a series of Testnet and Mainnet release dates with brief explanations of the updates in each. This again places NKN right in the middle amongst the other coins I have calculated this metric for, suggesting that there is a moderate degree of demand at current prices but also a slight lack of willingness to hold NKN at present. The current coin position in cryptocurrency rankings by Safety Rank and Potential Profit. NKN price equal to 0.642 USD at 2021-05-10. NKN was priced at $0.13 during the ICO. For anyone reading this who has yet to read a Coin Report, it might be worth reading this section of the first report, where any potentially unfamiliar terms are explained. The NKN Telegram boasts over 31,000 members; the largest Telegram group of any coin previously featured in these reports. Unfortunately, this is not as popular as the ERC20 model, and there are less wallets available for it. Seek a duly licensed financial advisor prior to making any investment decisions. It has since generated 147 posts spanning 8 pages in 328 days. And according to a new report from … The only bad thing about this project is that it could use more marketing. https://www.nkn.org/doc/NKN_Whitepaper.pdf. If you buy NKN for 100 dollars today, you will get a total of 155.842 NKN. Conclusion. When you are looking for the … Bitcoin.Live offers regular, detailed content on their free-to-access blog, created by a panel of analysts (including Peter Brandt), and covering all manner of market-related topics. This annual emission will be decreasing on a yearly basis, but it is expected that 17.5mn NKN will be released over the next year, giving an annual inflation rate of 5%; nothing major. This aligns with the aforemention range-bound nature of NKN at present, and suggests that we may indeed be sitting at prices worthy of an entry – but this is yet to be determined…. That said, it is highly informative with regards to the project itself, with plenty of detail on all manner of relevant information, plus there are a lot of resources (though these are poorly-linked). Concerning social media presence, there are four main platforms to examine: Twitter, Facebook, Telegram and Discord. In these cases, it's usually best to check the project's website for recommendations. In addition to that, the securities you invest your annuity money in, such as mutual funds, will charge fees of their own -- 1.35% is a typical … Index funds average 10% return annually for the last sixty years or so. The pinned message links back to an urgent message for users to swap their tokens to the new ERC-20 NKN tokens, which makes sense given there’s only a couple of weeks left until the deadline. However, NKN does have some degree of inflation, as 30% of the 1bn NKN that were created during the ICO were reserved to be rewarded over a 25-year period to those that relay traffic on the network and perform block maintenance. Paul, who specializes in land sales. There is a decreasing annual emission schedule. Always seek the help of a trusted financial advisor before committing to any investment and never invest money you cannot afford to lose. Below are listed a number of important metrics, all of which are accurate as of 14th March 2019. **Transactional Value in $ is calculated by taking the daily transactional value in NKN and multiplying it by price. Why invest in a GIC. You can exchange using three pairs easily which include Ethereum, US Dollar Tether, and Neo. To conclude this section, let’s now take a look at Distribution: There are 10,439 holders of NKN. The $150-$200 prediction mentioned above is pretty realistic in a bull market, or even during a stabilization period for Bitcoin. Now, this could be highly indicative of a potential bargain entry; something we shall only know for certain once more fundamental analysis has been completed. For 208 days – the vast majority of NKN’s price-history – it has been stuck between this all-time low and range resistance at 1300 satoshis. Now, let us take a look at the metrics related to supply and demand: namely, Liquidity and Supply Available on Exchanges. As will become apparent from the Technical section, there is very little to discuss regarding NKN’s price-history. NKN is a fascinating project, seeking to develop a peer-to-peer network connectivity protocol that improves upon the inefficiencies and poor security of the current client-server model. It's also a very tough task to tackle. Yes, Definitely. That said, advantages of the NKN project are very much clear and well-emphasised on the homepage, which will attract users. Buying land can be a good investment for a smart investor with a good strategy — backed by due diligence. Nonetheless, Mainnet launch is scheduled for June 2019, and it is clear to see that the primary purpose of the project has been progressing since launch. The Non-Habitual Resident (NHR) is another important schedule Portugal offers to its foreign investors as well. Please do feel free to leave any questions in the Comments, and I’ll answer them as best I can. No, NKN (NKN) price will not be downward based on our estimated prediction. As for its sell-side equivalent, I calculated that there was ~6.2mn NKN available for purchase on listed exchanges, equating to 1.77% of its circulating supply. Those who wish to run a relay node in order to power this platform will be incentivized with tokens in a new form of mining under Proof of Relay. If you plan to invest in NKN, then you could benefit in more ways than one. Fascinating…. Where do I buy NKN… Investing in non-fungible tokens is done at your own risk, and you should never invest more than you can comfortable afford to lose. Although dogecoin is less popular than bitcoin and ether, many investors see it as a good investment, hence its rising price. Regarding the content of the thread, I discovered that NKN is the only blockchain company to present at Nokia Open Innovation Challenge 2018 (one of six finalists). In general, there isn’t much to add except that I urge people to read the dialogue with Stephen Wolfram, linked below: https://medium.com/nknetwork/stephen-wolfram-creator-of-nks-tries-to-understand-nkn-b4018d747a3. This is an exciting platform, and investors will not want to sleep on this one. *Of the top 10, the top 2 addresses are currently locked as Founders’ fund, the 4th-richest is tagged Gate.io 3, the 6th-richest is tagged Bittrex and the 8th-richest is tagged Gate.io 1. Getting Started. Of the listed core members, the roles comprise of Architecture; Strategy and Operations; Core Researcher and Developer; and Business Compliance. Regarding the introductory presentation, there are 46 slides that are much more accessible to all users, with clear, jargon-free prose and useful visuals. The technology behind the project though is solid, and the plan is very promising. Monitoring your investment. Of these top 20 (again, discounting public addresses), 9 have been inactive over the past 30 days. In 1 year from now what will 1 NKN be worth? The best option is likely the official NEO wallet which also supports underlying assets. Tether by far is the biggest liquidity pool, but Ethereum is a close second. Investors must consider not only the value of the land itself—in terms of its location and price—but also its intended purpose, says Eric Malmberg, a broker with Re/Max Advantage Plus in Minneapolis–St. Cryptocurrency is a kind of digital electronic-only currency that is intended to … Matt Whittaker April 7, 2021 What to Know About Platinum Investments Its six-year average platform portfolio … Pro and Con of an ETF: Liquidity. NKN’s Exchange Volume for the past 24 hours covers this emission by over 200x, and its Average Exchange Volume covers it by ~~470x; there is quite literally zero chance NKN cannot sustain current prices on current volume, when supply emission is taken into consideration. The Business section of this presentation depicts the token sale details, stating that NKN is “tokenising connectivity.” 17% of all tokens created are reseved for the NKN Foundation for “strategic investment“; 18% are for developers; 35% was sold in the ICO; and the remaining 30% (300mn NKN) will be emitted over a 25-year period as a reward to miners for “traffic relay … The ICO sold out in minutes and raised over $12mn, though this figure is difficult to verify as there are discrepancies between sources. Whether the price of NKN (NKN) will be downward in future? Annaly Capital Management is offering investors a massive 16% dividend yield today. It’s no good having a great deal of useful information if the website itself is poorly-designed and thus makes it difficult to attract interest. This information should not be used for any financial decisions. I also found that NKN is due to be listed on Beaxy upon its launch; Stephen Wolfram was announced as an advisor to the project; one-click full nodes were made avaialable via DigitalOcean and Google Cloud Marketplace; and NKN joined the Google Cloud Technology Partner program. The website is also not very well-branded. This decentralized exchange will allow users to trade network connectivity and data transmission, allowing them to use microtransactions to facilitate the distribution of network resources. For the following Development analysis, I will be evaluating project leadership, the website, the roadmap, the whitepaper, the wallets and finally providing a general overview: There are 4 core team members listed on the website, plus 2 advisors. Well, using the figure of 17.5mn NKN, this equates to ~155 BTC of annual supply emission at current prices, or ~$610k-worth. What are cryptocurrencies? NKN is present on three of these platforms; all except Facebook. NKN’s open, efficient and robust networking infrastructure enables application developers to build the decentralized Internet so everyone can enjoy secure, low-cost and universally accessible connectivity.”. He tries to invest in good souls. Then become exempt from taxes on almost all of your foreign income. The whitepaper itself, however, delves deep into the technology behind NKN, referencing heavily and focusing on its use of cellular automata. Yes, according to our forecasts, the NKN price is going to increase. The social links are found at the bottom of the website, along with a Logo Download tab in the Resource section; another example of poor UI/UX. Now the NKN price is $0.5265240, but by the end of 2021, the average NKN price is expected to be $0.7002521. Moving on, I’d like to highlight the fact that NKN is currently trading almost 94% below its all-time high of $0.54. See here for more on NVT. This also happens to be the level at which the Daily 200MA has flattened out, with prices now trading above it. Kiyosaki’s teachings and seminars have generated controversy but I think his definitions of assets and liabilities in Rich Dad, Poor Dad are excellent and very simple to understand. Block Reward Schedule: Remaining 300,000,000 NKN to be released over a 25-year period as a reward for block maintenance. The platform also offers premium content for paying subscribers who find value in the free material, with daily videos, alerts and support provided. Is NKN a Good Investment? The top 10-richest addresses control 77.27% of the supply; the top 20 control 80.38%; and the top 100 control 92.15%. When gas infrastructure leaks, it also emits methane, which recent research shows is even worse for the climate than previous dire estimates showed. Yes, NKN (NKN) is profitable investment based on our forecasting. Given the size of its Twitter audience and Discord group, it is also somewhat surprising. There is ~49mn NKN in the two Gate.io addresses and 11.6mn in the Bittrex address. If your portfolio contains riskier assets like stocks, GICs can serve to counterbalance that risk with a known return over a set period. In truth, the website is a little underwhelming from the perspective of a The problems of the client-server model are outlined, as are the ways in which NKN seems to improve upon them. The tool analyzes each currency for the 6-month historical price data, searches for possible patterns and showing possible profit rate in the coming months. As to investing in property, this is very high entry (need capital, maintenance and management) and currently returns 3-4%. With NVT out of the way, I will run through the remaining metrics from the General sub-section, before moving onto Supply Emission & Inflation, concluding this section with some Distribution analysis: Firstly, I’d like highlight Volatility, which I calculated to be -0.03588 for NKN; about equal to the Volatility calculated for Cashaa. Check it out and bookmark the blog. Operators earn tokens by operating these nodes which all of the network's data must pass through for security. Cheers. The problem with Telegram, however, is in its lack of structure. NKN Markets Rank: 5/100, How actively is this asset being traded on the market? The distribution for this asset is not great, but there is a substantial trading volume on the available options. This is confirmed by the co-founder. If you’ve enjoyed this post and want to receive new posts straight to your inbox, I’ve set up a RSS-to-Email feed that will be sent out weekly; every Monday, 12pm. It's such a cool idea that you wonder why it has not yet been approached, and it seems that this project has found a great way to apply the blockchain in a very meaningful way. Not only will you be able to use this bring more freedom to your online activities, but you can also earn income by creating a relay node to help facilitate the same freedom to others. Lastly, here is a link to a Google Sheets file with any significant data from previous reports compiled for cross-comparative purposes. The whitepaper is 15 pages in length; professional in its format; and highly technical, as would be expected of this kind of project, where the whitepaper is indeed a technical document detailing the technology being developed. A new type of investment. Now, there’s rather a lot to get through here, but given NKN’s aims, let’s begin with the metrics related to on-chain transactions: Using the explorer, I was able to calculate that NKN averaged 100 daily on-chain transactions over the past month, amounting to average daily transactional value of ~$79k. The idea behind this currency is quite ambitious, but fortunately, they have a great team behind them that has experience in launching blockchain based ventures. Last year, gas was the number one contributor to the growth in U.S. carbon emissions. A good investment is something that will pay you more than you paid for it. English Français Español Português Deutsche Italiano Pусский 繁体中文 日本語 हिन्दी عربى বাংলা. NKN 24h Change Rank: 36/100, How many users are following this coin? The price of 1 NKN (NKN) can roughly be upto $1.05 USD in 1 years time a 2X nearly from the current NKN price. For those who’d like to learn a little more about NKN prior to reading this report, here are some primary links: Sector: Peer-to-Peer Network Connectivity, Exchanges: Bittrex, Gate.io, Bilaxy, IDEX, Upbit, LAToken, BCEX & Bitrue. Join my mailing list today to receive a free copy of my 13-page ebook, The Definitive Guide To Altcoin Selection, plus receive regular exclusive material I don't publish elsewhere: I consent to receive emails and have fully read and agreed to the privacy policy. If you choose non … For now, I have included them in the figures shown, but in the later analysis I shall provide figures discounting these public addresses. Natural gas is the fastest growing energy source in the U.S., and that’s a big problem. Payoff Debt. Further, there is information on the swap from NEP5 to ERC-20 for the NKN token; the reasons for which are primarily to facilitate easier exchange listings and thus greater liquidity. Whilst it is clear that the NKN Discord is the less significant community hub, relative to its Telegram (as you’ll see from the next section), its 1306 members are still very much active. Anyway, I hope this report will prove objective where it must be and fair on more subjective matters. I Bonds come with guarantees, tax-deferred inflation-adjusted interest, and after one year, liquidity. As has been the case with many development-heavy projects, marketing and end-consumer accessibility is left by the wayside, and thus I could not score NKN higher than an 8; that said, there is much to be excited about here. Finding the best investment - how much do you have to invest? Fundrise’s latest public offering documents showed the firm manages roughly $500 million in equity assets under management with 63,271 investors. Welcome to the sixteenth Coin Report. Further, NKN’s Liquidity covers this emission by almost 19x. potential new user, particularly when you consider that NKN is funded via a multi-million dollar ICO. 2018 also saw the open-source development of NKN software, plus the launch of the public Testnet. We’ll see whether this makes for an opportune entry or not a little later…. Undoubtedly, some of this will be wash-trading, but there is clearly interest here at current prices. This equates to 0.45 posts per day, on average. no doubt NKN demand on the peak that will help to set new record. They are really only active on Twitter, and the team is neglecting both Reddit and Bitcointalk. Is Fundrise a good investment? ***NVT is calculated by dividing the Network Value by the Average Daily Transactional Value. However, in the past 90 days, the thread has had 24 posts via 15 individual posters, giving an average of 0.26 posts per day; overall engagement in this thread is clearly low. GICs are beneficial because they are low-risk and secure. But with high up-front fees and limited liquidity, some say they’re not good for the client. The scrolling banner featuring the latest news is exactly what the website needs more of with regards to design and accessibility. It has a circulating supply of 650 Million NKN coins and a max supply of 1 Billion. Countries could no longer be silenced or restricted, and content would be able to flow without outside influence. The benefits still outweigh the … I hope you enjoy the read! The navigation menu isn’t particularly helpful, and material you’d expect to find clearly linked inside the menu (whitepaper, roadmap, social links etc.) Overall, the documents available are highly informative and professional. NKN is placed as the third pillar of blockchain infrastructure where Ethereum is decentralised computing; Filecoin is decentralised storage; and NKN is decentralised networking. This will comprise of an analysis of a number of significant metrics, an evaluation of the project’s community and development and an overview of its price-history. More impressive, however, are NKN’s advisors: Whitfield Diffie and Stephen Wolfram. Much like the prior two community-choice Coin Reports from this quarter (Cashaa and Bettex), I knew nothing about NKN. What Happened: NKN rose to … To begin, let’s look at the various social metrics that I calculated from the NKN Twitter account: As usual, I will be using RivalIQ‘s social benchmark report for evaluation purposes. Their CEO is Yanbo Li, a co-founder of the OnChain project, and Whitfield Diffie is on board as an advisor. In other words, very good. are not there. It set its all-time high back in June 2018 at around 7200 satoshis, after which price bled out, breaking through multiple levels of support until it made its all-time low at 325 satoshis in December 2018. That's likely due to the very small exchange listing presence they have. You can even extend the page yield by using Brother's additional XXL ULTRA cartridges. One would be forgiven for assuming there would be zero inflation or further supply emission, as this is an ERC-20 token that was created with an ICO. This gives NKN a 30-day NVT of 154.49; around 6x greater than that of BTC at present, as per data from CoinMetrics. AD: Before I begin this post, I’d like to briefly mention Bitcoin.Live, who are sponsoring my blog. Successful day traders are level-headed, able to follow rules and good at pattern recognition. NKN User Voting Rank: 98/100. This is perfectly fine, as there is also a 46-slide introductory presentation available for less-technical users, featuring a more comprehensive overview of all aspects of the project. NKN price is down -12.9% in the last 24 hours. The tool analyzes each currency for the 6-month historical price data, searches for possible patterns and showing the possible price in the coming months. NKN Social Following Rank: 83/100, How many users are searching for the coin? Please enter the e-mail that you registered your account with, and we will send your username to that address. Much of the focus at the moment seems to be on the smooth transition of all holders to the ERC-20 token. NKN Google Trends Rank: 36/100, How many users are talking about this coin in Twitter? This functional but bare-bones approach is often adopted by development-heavy projects, as we have seen in past reports. There are also plenty of NKN apps linked; but again, this feels amateurish That said, in RivalIQ’s report, we find that the average Twitter engagement rate across all industries is 0.046%, which means that NKN’s engagement rate is currently 7.39x greater. An easy to follow guide on how to buy and store the cryptocurrency NKN (NKN) English. This just looks a little out of place and messy – perhaps there should be a Branding section within the Resource menu, in which Logo Download would be a sub-section. The past month has also brought with it significant volume, as we discovered in the Metric Analysis section. Not only will you be able to use this bring more freedom to your online activities, but you can also earn income by creating a relay node to help facilitate the same freedom to others. However, 2 addresses are distributing, 1 remains largely unchanged and 8 addresses are in active accumulation. New Kind of Network’s native cryptocurrency token NKN has seen its price surge by over 1300% in the past month alone. However, there is no channel for relevant resources and links for new users, as might be expected of a Discord group, and engagement, whilst relatively high in terms of activity, is quite low with regards to the number of individuals participating in discussion of the 1306 members. … The NKN BitcoinTalk thread was created by a community member rather than the team on April 20th, 2018. Overall, there is plenty going on in here for new users to get stuck into. This works out at $1,668 of average daily supply emission. All cryptocurrency profit forecasts provided on the website are predicted based on the data obtained from the analysis algorithm and are published for informational purposes only. I found both the video material and the blog posts to be genuinely insightful, with many differing analytical perspectives available for viewers and readers. This currency is part of a blockchain project which aims at revolutionizing the way that we access the internet. Cryptocurrency. Coinbase Pro is the current most active market trading it. The Business section of this presentation depicts the token sale details, stating that NKN is “tokenising connectivity.” 17% of all tokens created are reseved for the NKN Foundation  for “strategic investment“; 18% are for developers; 35% was sold in the ICO; and the remaining 30% (300mn NKN) will be emitted over a 25-year period as a reward to miners for “traffic relay and block maintenance” via the Proof-of-Relay consensus mechanism. Nonetheless, I would be lying if I said that I didn’t find this particular research process rather fascinating. NKN Twitter Citation Rank: 67/100, How popular is this coin among Cointobuy community? Paying off debt may not seem like an investment, but it actually provides returns … Even though many of use spend out days typing on a keyboard or touchscreen, there's still a need for the good old-fashioned pen. About NKN Coin. They also have created a solid roadmap which is available on their website, allowing investors to see the steps required before the main launch can be completed. We all have one life to live and one body to live it in, which is why there’s never … Data is controlled by internet service providers that can throttle your connection any time that they choose. in all aspects of design. The Brother MFC-J805DW INKvestment Tank is good for black and white printing.