wanted to open a discussion about a small cap projects I am a huge supporter of: MyWish. Here's a a few metrics about MyWish:
* Market cap is under US$2 million
* Each token is valued at about $0.09
* Tokens traded for over $3 at peak
Now, as for the project itself:
MyWish is a smart contract market place. Users can pay with MyWish (and for certain contracts, ETH as will) to create any of 10 smart contracts across three blockchains: ETH, NEO, BTC (soon EOS as well). This marketplace is live, and it's the only project to offer something like this (others still in development)
Days ago, they launched their airdrop contract, which automatically handles airdrops for projects, something virtually all projects use. Utilization of MyWish can reduce gas fees by up to 30%. Again, the ONLY project to offer such a service. They also offer a crowdsale and token creation contract, which means anyone can create their own ICO entirely through MyWish. So far, over 1,300 smart contracts have been created through MyWish. At recent conferences, 10 projects indicated they would be operating their ICO through with MyWish contracts, and many more indicated they will be using the airdrop contracts.
What makes MyWish different from other projects is the team always hits deadlines. They've never "re-calculated" their roadmap. They've simply hit every single deadline they've placed. We're talking dozens of developments without hiccup.
Now, what's exciting is MyWish has indicated they are in communication with Huobi Pro and another top 10 exchange for listing. Currently, MyWish volume is very low due to it only being traded on Cryptopia, which has its own issues. The bear market + lack of exchange has crippled the price, but when MyWish is listed on a major exchange, I think the sky's the limit.
What do you guys think? I think MyWish is criminally undervalued. Do you agree, or do you have any reasoning to explain why I am wrong?
The problem with such projects is that they may not grow, never. It seems to me that in such projects it is necessary to enter with small amounts and not to invest the last money. But thanks for sharing, i will watch.
Why do you think that this project will not be able to grow?