Is ASTRO the most undervalued altcoin on the market right now?

in #cryptocurrency7 years ago

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I'm writing this article because I've been watching this coin for a while, and it puzzles me how it doesn't have at least 3x the marketcap it has now. Unlike most altcoins, this one is actually a solid project which pays out dividends from the company's operations.

To give a little background, Astronaut (www.astronaut.capital), the company who's behind ASTRO, was founded by an independent ICO research team called Picolo Research (picoloresearch.com), which, despite not being well known, makes high quality ICO reports and analysis.

The idea behind Astronaut is that investors buy ASTRO tokens during ICO, and in return, they get quarterly dividends from the company's profits paid out in Ethereum to the ASTRO holder's wallet (ASTRO is an ERC20 token, so the payout is pretty straightforward, executed with a simple smart contract). The company makes profits by using the funds raised during the Initial Coin Offering to invest in other ICOs, making use of their excellent research team.

All in all, ASTRO is a really solid project which makes use of venture capital and the gaining popularity of ICOs for the mutual benefit of token holders and company investors alike. It's guaranteed to experience a significant growth in price as the end of Q1 2018 approaches, and the dividends come in. I would recommend checking their website out and looking at their recent investments, such as SelfKey (KEY), which already went 5x from the ICO price. ASTRO is a solid hold for people who want stable gains without much risk, and it's a bargain under $5.

Disclaimer: I am in no way affiliated with Astronaut or Picolo Research, and I am not responsible for any losses caused by your financial decisions. First and foremost, do your own research.

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is that investors buy ASTRO tokens during ICO, and in return, they get quarterly dividends from the company's profits paid

That sounds a bit ponzi like, to be honest.

Do you consider dividends from stocks to be a Ponzi scheme, too?

To the question in your title, my Magic 8-Ball says:

My reply is no

Astro coin is not bad considering they have such a small market cap I think this is one to watch out for and I think will go to the moon

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As a long time holder of Astro, I can only agree with you, but I kind of like the anonimity of "our" fund as it means we can still accumulate more :)

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