My mid-cap coin pick - Agrello (DLT)
DESCRIPTION
Agrello (DLT) enables anyone to create and manage smart-contract-based legal agreements via AI on the blockchain.
PROS
-Solves a real-world problem: legal agreements are expensive, time-
consuming and cumbersome.
-Signi cantly reduces legal costs (and time spent) in a wide range
of contexts: global corporations, private individuals, freelancers,
sharing economies, sublets, rental properties, etc.
-Lets AI manage smart agreements, trigger payments and ful ll
obligations. All legal templates are made by professionals, who are
compensated in DLT tokens.
-Highly skilled team of lawyers and programmers (one is even both).
-Currently trading below ICO price at $0.52.
-Relatively low volatility.
-Recently partnered with Rivetz, proving there are use cases for the
service in the blockchain space. Several other blockchain companies
have either partnered with or purchased Agrello’s services.
-Many traditional organizations and companies may be reluctant to
enter the blockchain space, because of the seeming lawlessness in the
sphere. Agrello could mitigate this.
-Unique value proposition not offered by any other blockchain company.
-Has not yet been subject to the current investomania, but given its
team and unique value proposition it’s bound to happen soon.
-Relatively big community.
CONS
-Relatively small core team consisting of only ve people.
-May take time before the product is fully developed and widely
adopted.
There is clearly a need for the service offered by Agrello. This need will probably only grow, as crypto becomes increasingly mainstream. Non-blockchain businesses could potentially also benefit tremendously from the technology offered by Agrello.
It’s very hard to compare Agrello to anything, since there are no other companies with the exact same type of product. However, given the potential, and given the extreme bull market, I wouldn’t be surprised if Agrello achieved a market cap in the $200-300 million range short term, and possibly $1-2 billion in the long run. This would roughly be a 100-300% and 3000-6000% profit respectively from the current level.