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Here is my first penny cyrptocurrency recommendation.  Using the parameters in my previous blog post, this coin has a good chance to reach $1.00 or more.

COIN NAME : STORM

COIN SYMBOL: STORM

EXCHANGE : HITBTC

Current Price : $0.03

My Goal : $1.00 then cash out 50%

Storms website : https://stormtoken.com/

Quick Background of Storm:

Storm was formerly BitMaker is already in the gaming market and has an app for Androids.  There motto is ” earn from anywhere, at any time, from any device.”  Storm has a gamified micro-task platform where the STORM community can participate and earn.  Think of it as Uber for microtasks (similar to Fiverr, Upwork, Amazon Mechanical turk), but with the blockchain technology, their fees are much much lower.  The way it works is the Storm Market will be similar to Google Play store or Apple App store where Storm Makers and Storm Players can create and accept tasks using smart contracts powered and paid for with STORM tokens.

STORM MARKET COMPETITORS*
SERVICE FEES (STORM GIGS) 1% + Ethereum gas cost Up to 40%
WITHDRAWAL PERIOD Immediately Up to 5 days
GAMIFICATION
PROJECT MANAGEMENT INTEGRATION
MARKETING INTEGRATION
SECURED + PRIVATE
REGULATIONS + PROTECTIONS

* Mechanical Turk, Fiverr, Upwork, TaskRabbit

Check out the video here.

Pros :

It has a use and a unique and great concept

Has a great social presence

It has lower service fees than the competition

It already has an app that it currently being used

As of Aug 2017, Storm X has 250,000 members in 187 countries

Has a strong team that has been working together for several years

Has some powerful and smart Lead Advisers behind the project. 1. Bill Shihara – Bittrex CEO, Anthony Di Iorio – Founder of Ethereum, Jeff Pulver – Vonage Founder, Brian Kelly – CNBC Fast-Money

It is already gaining traction, from December 24 to December 26th, it jumped

Cons :

The price is over 0.01 so you cannot buy tons of them for cheap.  They are still cheap, but you will not be a millionaire when it hits $1.00.

TIMELINE : SHORT TERM – 3-6 months.

I am very optimistic on this coin.  It has the potential to gain some momentum in a very quick manner, but it could also take years.

How may coins you can buy with $100 : approx 4980

I will update this blog post ever couple of weeks to see the progress.

Date Issued : 12/27 ; Price : 0.03