Undervalued Crypto Review: Novusphere ATMOS (ATMS)

My research strategy for a blockchain project is very simple:

1. I research the project's whitepaper, recent development, community, Bitcointalk thread, and source code.
   This step helps me decide whether this crypto currency gets me excited from a developer's perspective.
2. I estimate what market cap the coin should have, and then I look at the actual coin market cap.
   If it's lower than what I estimated, I invest.

I undertook these steps for a project I happened upon a few weeks ago: Novusphere, and I was very surprised to find the current market cap to be far below what I had estimated.

It's like torrents, but better

Novusphere allows for online media streaming (i.e. audio and video) and static file hosting. What's interesting is their unique tech behind it: AFIX (Advanced File Indexing), which allows apps to easily integrate a searchable decentralized database of files. This makes it possible to create all sorts of libraries of content (i.e. your own decentralized & immutable vlog, wiki, gallery, etc). Wikileaks for example would be a great candidate, since content cannot just be taken down.

The Advanced File Index allows for hosting any kind of content, and would allow apps, artists, etc. to reliably host their static content in a decentralised way. Any content that's statically hosted on the internet could be hosted & discovered with AFIX on Novusphere.

Development & Market Cap

Novusphere is clearly in its early stages of development. I could only find updates and an updated roadmap (official wallet releasing August 14th) in a recent post in the Bitcointalk thread. However, the deal-maker for me, the things I described above are already working.

Needless to say I'm excited about this project. Especially with the extremely low (under $5 million) market cap.

What Blockchain project would you like me to review next? Let me know in the comments.

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