I want to discuss ADC and its potential. I jumped into ADC a few days ago and after doing a deep dive I wanted to share my findings and why I think it has some serious potential.
First off they have a pretty good track record with real world usage cases. Number one being the partnership deal with Bjork:
https://www.theverge.com/2017/11/6/16611822/bjork-album-utopia-cryptocurrency-audiocoinhttps://www.forbes.com/sites/jessedamiani/2017/11/07/what-bjorks-cryptocurrency-paired-album-means-for-the-music-industry/#3f90555a13d8http://www.independent.co.uk/news/business/news/bjork-bitcoin-buy-new-album-utopia-digital-cryptocurrency-iceland-music-litecoin-dash-audiocoin-a8043691.htmlThis deal has definitely opened the door for Audiocoin and brought it some serious attention from the music/entertainment industry. They have had some huge offers for partnership but as with these things they all come waving NDA’s so they can not name names publicly about them at this time. However what they can talk about is the fact that the ink has dried on a deal done a few days ago and I quote:
“Associated with that we are mere days away from being able to announce a partnership between ADC and one of the largest music studio and equipment sales companies in the world. This is just the beginning; we have many such discussions ongoing.”
Obviously there will be an official press release to announce who and what the partnership is in the very near future. That shows that they are very serious and it doesn’t seem to be the only partnership/deal they have on the table as I quote again:
“We are close to signing contracts with a very large household name organisation to provide blockchain services, and a sidechain coin, which will be a huge announcement when the NDA allows us to tell you all.”
And:
“Further partnerships are in the works with household names in the entertainment industry and we are in talks with multiple festivals and music events who are interested in making use of ADC for both reward and purchase paths.”
They are in talks with major players in the entertainment industry and even festival organisers so ADC could see real world use cases all over the place very soon.
As well as that they also worked with Feargal Sharkey the former Undertones singer recently with Salute Music Makers on this:
http://www.audiocoin.eu/?p=65470Again giving ADC another real world use case already.
They just stuck up a new roadmap which you can see here:
http://www.audiocoin.eu/?p=65527They are going to be giving their website and ANN thread a refresh in the very near future and as well as a full rebrand/relaunch by the sounds of things a little bit further down the line. They started a new sub Reddit a few days ago so are putting all that together to help with ADC’s visibility.
If you join their discord channel members of the dev team are always around to answer your questions and are extremely helpful.
Aurovine integration is also another real world use case for ADC and it is expected to be back up and running with the latest version hopefully next week:
“At the time of writing this update Aurovine is very close to coming back online with a new integration into ADC, future proofing it for all the development that we have in line for ADC as a currency. When this process is complete Aurovine will finally be back as a primary usecase for ADC.”
https://www.aurovine.com/So why do I think ADC is a good investment?
Well it’s obvious to anyone at this point that ADC has already got some tried and tested real world use cases and has many more on the horizon which is a great thing for investors.
From my perspective as an investor at the time of writing it’s marketcap is only $30M which is laughably small in the crypto space so in my eyes could easily shoot to $150M which is a x5 in the short term. In the longer term as these deals and partnerships roll out it could go much higher. This brings me onto the tech side of things as they are moving to be a side chain of Blockpool which is a fork of ARK. This gives the actual tech powering ADC a very solid foundation and also means that staking/pooling will be available which is great for investors giving them a steady ROI on their holdings.
A quick check on Twitter and you can see it is already gaining some attention in Japan which with my being crypto and music crazy could see a huge surge in momentum continues.
With all of that I don’t see how ADC can fail at this point and getting in on what is essentially the ground level before this very possible explosion of interest seems like a very safe bet for me and I’m not the only one:
https://cryptovest.com/news/cv-market-watch-audiocoin-comes-into-the-spotlight/As others are also realising the potential returns in ADC as it continues to roll out updates and form new partnerships with industry leaders.
