Starting today, we’ll introduce you to a few altcoins with fantastic profit potential every month, kicking it off with the March “Altcoin Gems Report.”
March Altcoin Gem: Ternoa (CAPS)
$45 Million Market Cap
Ternoa is a substrate-based NFT protocol that calls Polkadot home. Launched at the end of 2020, Ternoa created a revolutionary new NFT technology called “Capsule.” This new technology allows owners to use NFTs for proprietary decentralized data storage. Allowing for the safe and confidential transfer of data across blockchains by locking NFTs in capsules.
Ternoa is currently in charge of developing all NFT basics for the Polkadot ecosystem and has grown greatly over the past few years to become its own robust Web3 NFT network. With a focus on the privacy of stored information, Ternoa touts anyone’s ability to have true ownership over their data. Ternoa lets users combine or split their NFTs into separate parts and share features without transferring ownership. With Ternoa, NFTs can be easily activated on Polkadot even if thay’ve already minted on other blockchains.
NFTs minted using Ternoa don’t require smart contract functionality due to the high-level javascript programming language developed by Capsule Labs. Capsule is the creator of these Augmented NFTs with virtual communication features and provide the funding and development resources for all ideas that fit the Ternoa ecosystem.
Ternoa has already completed Phase 3 of its launch objectives and announced this week what the community could expect from Phase 4 in 2023. The last phase introduced Soulbound NFTs, Auction NFTs, and Rental NFTs. The next phase will finally see the release of Secret, Capsule NFTs, and Transfer Protocols to Ternoa. This is undoubtedly what the community has been waiting for since the project was first announced. This update will happen seamlessly through the Ternoa Wallet App, available on Android and iOS. This is where users can transfer secret NFTs and access all the other features created by Ternoa.
The project has already developed a Bridge, Launchpad, and Marketplace. Meaning that once Polkadot is fully operational, the value proposition for CAPS tokens will increase substantially. Ternoa has made dozens of collaborations through partnerships with Polkadot Parachain winners while it patiently waits for its own auction date to be called. There’s been a noticeable amount of steady accumulation activity for CAPS since late last year. With a price currently only 5 times above presale and almost 50% of the supply released, this and other metrics indicate that Ternoa is looking at a bright future that could give token holders a generous return on investment.
March Altcoin Gem: Celestia
Testnet (Unreleased)
Being called the next Solana, Celestia has been buzzing for a while now. Lucky for us, Celestia hasn’t released a token and is currently going through the final stages of its Testnet.
Celestia is designed as a Layer 1 blockchain built with a modular architecture that orders data and makes it available but does not execute any transactions. Celestia lives as a security layer that execution environments live on top of. Prioritizing native support for EVM and Cosmos, Celestia is being developed by Harmony Co-founder Nick White, Optimistic Rollup…
Jesse is a passionate seeker of truth who enjoys educating others about Bitcoin.
As a free thinker and 2nd amendment advocate, Jesse believes each individual has the right to monetary freedom.
“The swarm is headed towards us” -Satoshi Nakamoto
