$COIN.NE - Undervalued in a Bullish Crypto Market Tokens.com is a company that provides a crypto staking opportunity to the average investor. For those who don't know what staking is, it's a method of locking up a certain amount of crypto assets that operate as a validator. There are some significant advantages with this method over traditional crypto mining
- Far cheaper overhead costs, no initial investments into a facility or hardware
- Less energy used, around 99.95% less, making it a more ecological option
- 100,000 transactions per second vs 10-15
- Can be compounded daily! Each time a reward is given out, that reward can be reinvested back into the market to produce even greater returns.
Now, what stops the average investor from staking their crypto holdings? Well, I'll use ETH as an example. To begin staking, one needs to operate a node consisting of 32 ETH, which comes to around $100,000 USD. If you stake through a “pool,” which collaborates with many different wallets to create a node, you'll lose money from fees.
$COIN acquires, stakes, and manages crypto assets for their investors, providing a simple, streamlined method of revenue generation. Their team is extremely impressive with lots of talent from companies such as $HIVE. IMO, it's super undervalued here with a bullish crypto market and only a $33M market cap. The next earnings report should be pretty interesting.