In a market full of hyped projects sometimes the hidden gems are the ones that adhere to the KISS principle, one such project IMO is CBX aka Bullion (formally Cryptogenic Bullion).
CBX has low inflation of 2% but adds a simple innovation to tradition PoS whereby coins in offline wallets do not age, so the 2% inflation is only earned by coins in online wallets. This simple common sense change means stake returns only get paid to wallets that are online helping to secure the network, which just makes sense, stake interest is only paid to active wallets, and that means actual real returns for staking are positive i.e staking returns more than inflation so your share of coin supply is actually increasing. This simple feature makes CBX one of the only cryptos I know of that actually pays a 'real' passive income from staking on a regular PC without burning loads of electricity. I consistently earn 8-14% return from staking, which inflation adjusted is 6-12%.
All the five requirements are met by CBX:
1. Dev team active since 2014, PoSP (Pos participation) wallet working since 2016 afaik
2. Use case - low inflation digital store of value with ability to earn real above inflation returns
3. Ridiculously undervalued with MK approx 3M USD (not a typo, yes, well under 10 million USD)
4. Running since 2014, solid dev team, communication is regular, tech updated and supported, Masternode release imminent
5. CBX has had continuous development since mid 2014, a crypto version of a barrel aged whiskey
Just a matter of time IMO before CBX gets more appreciation as a KISS dependable digital store of value, a 100x gain would still give CBX a relatively modest MK of 300 mil USD, +4 years of continual dev support makes CBX a potential next big thing for institutional buyers looking for 'digital gold'.
1. Proven development team - already fully functioning product/software. Tweaks and improvements yet to come fine but the core product is functioning already.
2. Obvious Use case
3. Not already in the top 10
4. Not a scam
5. Long term commitment and proven staying power (not essential but could be a big consideration)
I agree this project is a very very undervalued.
I think once they release the unique masternode feature with the queue system and also get on the cbx direct fiat exchange that is being set up this project will take off .
I would say that it does meet the criteria in the op for sure. If there are no legitimate objections to it being added I think we should put it up there soon or certainly once they release the masternode queue system.
I wonder what others think?