Altcoins
Three unmissable “high potential” Altcoins for June 2024
Analyst of the Altcoin Buzz channel brought to attention three altcoins that may not have made it into investors’ portfolios this season. Exploring crucial themes such as gaming, privacy and social connectivity, it highlights three nascent opportunities in line with these overall trends.
X-RAY
The analyst highlighted XRAY as an early opportunity. XRAY is a gaming wallet with impressive features. It is designed as a mobile-first smart wallet for ZK Sync users and offers benefits such as account abstraction and session keys.
Account abstraction allows players to have multiple sub-wallets within the main wallet, making it safe and convenient by limiting game access to in-game assets only. Session keys allow players to pre-sign transactions, eliminating interruptions during gameplay. Other wallets like MetaMask have not adopted these features because they are designed as multipurpose wallets, not specifically for gaming. This is where the XRAY game focus offers a significant advantage.
Cheqd
The analyst pointed out that artificial intelligence and large companies like Claude collect user data without consent, but this must not continue. Infrastructure like that offered by their partner, Cheqd, aims to change that by giving users control over their data and the choice to monetize it.
Cheqd uses verifiable credentials and zero-knowledge proofs to ensure privacy. Their method, called self-sovereign identity (SSI), keeps your data off the ledger while only decentralized identifiers (DIDs) are on the ledger. These DIDs issue and verify credentials you control, like your driver’s license, ensuring that large entities like Google or the state don’t handle your data.
RTF
He also mentioned a new project called RTF. Coin is more than just a game; is a revolutionary platform that allows fans, boxers, agents and managers to dive into the heart of the boxing universe, all under one digital roof.
RTF’s mission is to simplify boxing career building and connect boxers around the world. Think of it as a market for boxers. The RTF app allows boxers to find opponents for sparring or fights, communicate with colleagues and negotiate terms of cooperation. Additionally, boxers can offer sparring services to earn money.