I'm presenting here a project that is so underrated that needs recognizing.
$SYS or Syscoin Platform offers fast and low-cost tokens, assets, and NFTs secured by Bitcoin's censorship resistance and hash rate. The project's roadmap includes NEVM (Network-Enhanced Virtual Machine), which will combine the best of Bitcoin and Ethereum into the next generation of Syscoin – a coordinated financial computing platform that will provide low-cost smart contract execution and true scalability using zkRollups, along with generalized cross-chain interop, all secured by Bitcoin consensus.
Quoting u/Cedarplankton :
“Syscoin is constantly in development. They have a web wallet to rival MetaMask out very soon, it has just passed its security audit with flying colors. In there you can mint NFTs or Syscoin tokens that leverage Bitcoin security, uses point of sale speed in zdag for scalability, and can bake in regulation-compliant if you need. All for 1sys minting and 0.000012 SYS gas.
They are also developing a nevm on Bitcoin PoW which leverages Bitcoin security and Ethereum language for smart contracts with the gold standard of security. This is ready for public testnet and both are awaiting announcements v soon.
2 weeks of the test net being stable then they can announce the block height for the full release, which means it should be by eoy. They will continue to develop the NEVM upgrading with zkrollups and zkp eventually.
With the release of the nevm mainnet there should be news of decent big nft projects launching on SYS either independently or cross-chain. CollectDeFi, House of Kibaa, Luxy, Bitgems, Sysswaps, Skimdom, and more are all currently in development for Syscoin.“
Also, the potential price for this coin is amazing, quoting cryptotradevt:
“The Current market cap of all smart contract blockchains is $524,224,176,627. If syscoin can capture 1% of that it would have a Market cap of $5,242,241,766 which is approximately 30x its current one.“
If you have any opinions on this topic please comment, I would really like to know what you really think of this coin. Any disadvantages, any more advantages, anything, please comment!