Hi everyone, it’s me u/poop_dragon. I made this comment about ERC20 coins last week in the daily thread and a lot of you suggested making a separate post. I wanted to add your suggestions and start a kind of education resource for beginners. Again, I’ve tried to stay objective, but there is some personal opinion because this is about trading, not just tech. I think it would be really great for people to add any coins or important information that they believe I have missed. This list is not meant to be definitive, and I am certainly not an expert.

Here it goes…

#Golem

• Ticker: GNT
• Website: https://golem.network/
• Subreddit: r/GolemProject
• Current Marketcap: $399,686,778
• Current Price: $0.484544 (-2.57%)
• Brief: From the Company - Golem is a global, open sourced, decentralized supercomputer that anyone can access. It's made up of the combined power of user's machines, from personal laptops to entire data centers. Anyone will be able to use Golem to compute (almost) any program you can think of, from rendering to research to running websites, in a completely decentralized & inexpensive way. The Golem Network is a decentralized sharing economy of computing power, where anyone can make money 'renting' out their computing power or developing & selling software. Their most current whitepaper projects their first release of the product, Clay Brass Golem, in Q2 2017. That’s now in case you didn’t know and github reports that it is 68% complete and on track for a May 31st release.
• Trader Hot Take: The value of cloud computing can be debated, it is a growing market, but by how much? I have read predictions for $390 Billion by 2020 and some much, much bolder predictions on the Golem subreddit. With any luck Golem will be taking a slice of that pie, but the speculation is how much and how do they get it. Right now the Clay Brass release aims to tackle computer rendering through cloud sharing, which seems like all awful small part of the market compared with other services like data storage. Although everyone has tremendous things to say about the intuition and skill of the development team, I think the value of this coin depends on finding then capitalizing on the right applications of cloud computing.

#Augur

• Ticker: REP – short for Reputation
• Website: https://augur.net/
• Subreddit: r/Augur
• Current Marketcap: $238,190,700
• Current Price: $21.65 (-6.64%)
• Brief: Augur is a fully open-source and decentralized prediction market platform.
• Trader Hot Take: Augur reports that they should launch late summer 2017. followed quickly by a bug bounty. If it goes smoothly, expect things to happen. I believe that not only does this company stand to make profits off users, but also the data that comes from group behavior. Big data is an invaluable resource – companies salivate over this kind of stuff. Platform use is incentivized for the user base, so I hope for it to catch on and become successful. Not just that but I like CEO Jack Peterson’s travel blog, gotta love a good blog. However, they have competition…

Gnosis

• Ticker: GNO
• Website: https://gnosis.pm/
• Subreddit: r/gnosisPM
• Current Marketcap: $234,769,559
• Current Price: $212.54 (-2.01%)
• Brief: Like Augur Gnosis looks to establish a decentralized prediction market. Notably, Gnosis is backed by Consensys, a venture production studio developing Ethereum dApps. Gnosis sees financial and betting applications as innovative and envisions a future where prediction markets can optimize an incredible range of processes. Also, with the potential to provide a platform for information sales. Whitepaper for everything and more
• Trader Hot Take: I could not find information about a potential launch date for Gnosis, that may hurt their cause if someone beats them to market. However, with the backing of big names, there is a lot of buzz. GNOs market cap is almost identical to Augur’s despite only issuing 4% of their supply. In the end though if they are competing, it will come down to who has the better development team. Investors should do their due diligence on both companies and then decide who to invest in. Maybe its both

#Iconomi

• Ticker: ICN
• Website: https://www.iconomi.net/
• Subreddit: r/ICONOMI
• Current Marketcap: $94,977,900
• Current Price: $1.09 (-3.58%)
• Brief: The ICONOMI Digital Assets Management Platform is more than just a market place for digital assets. We provide the best experience and simplest method to enter the growing distributed economy. The ICONOMI service breaks down the barriers traditionally encountered by first-time investors. With a broad set of unique and intuitive tools for a person of any skill level, it enables users to invest and manage various digital assets or combined Digital Assets Array™ (DAA). The first DAA open for investment is index-based ICNX. This presents a first step towards establishing a network of DAA managers and users. Financial Report and Whitepaper
• Trader Hot Take: Important disclaimer. ICN is the ICO which was a direct investment in ICONOMI. It will not be a DAA, but the coin will be ‘burnt’ which means it will be re-purchased then removed from circulation. This is a way of profit sharing to paying back initial investors with higher coin prices. I have seen posts here criticizing this move because it puts too much faith in the company, they are under no legal obligation to burn these coins. Their later release of ICNX will be tied to a DAA with their digital portfolio. With the PRISM released this week, a lot of people started comparing ICONOMI to this. I think this idea holds potential, maybe it’s the start of mutual funds or ETFs for crypto. However, they need to prove why they are smarter investors than the average wallet hodler.

#Aragon

• Ticker: ANT
• Website: https://aragon.one/
• Subreddit: r/aragonone – ghosts
• Current Marketcap: $59,712,685
• Current Price: $1.78 (-7.76%)
• Brief: The Aragon Network (AN) will be the first DAO whose goal is to act as a digital jurisdiction that makes it extremely easy and friendly for organizations, entrepreneurs and investors to operate. Aragon is everything you need to run your company on Ethereum. Cap table, governance, fundraising, payroll, accounting, bylaws. Aragon organizations will be able to be seamlessly upgraded and solve human disputes using a decentralized court system. Whitepaper at github
• Trader Hot Take: With the ANT sale happening just last week, I will not pretend like I understand anything about this project. But as we go deeper down a crypto rabbit hole, I can imagine a use for decentralized organizations and arbitration. How the value of this coin and company relates, determine for yourself.

#FirstBlood

• Ticker: 1ST
• Website: https://firstblood.io/
• Subreddit: ???
• Current Marketcap: $52,005,201
• Current Price: $0.607833 (-8.39%)
• Brief: A decentralized eSports reward platform that every gamer loves. Play matches using an on-platform token and claim rewards from the activity. Whitepaper on github
• Trader Hot Take: If you are a gamer, this has gotta make you excited. This could revolutionize competitive and even recreational play for just about any game. As an idea, I could see this working for PCs and I wonder if it could even make its way to consoles. Witnesses and Jury systems make the payment process a little complicated, but I really like the Global Ranking and Reputation features. Whether or when First Blood gets adopted determines the price of this coin in my opinion.

#Melon

• Ticker: MLN
• Website: https://melonport.com/
• Subreddit: r/melonproject/
• Current Marketcap: $32,218,469
• Current Price: $53.75 (-11.40%)
• Brief: Founded in 2016, Melonport AG is building Melon, a blockchain-based asset management protocol. It enables participants to set up, manage and invest in digital asset management strategies in an open, competitive and decentralized manner. You can invest in other portfolios or have others invest in yours. So far there is only a GreenPaper (technical specs) on github.
• Trader Hot Take: Super difficult to find detailed information about. But from Smith and Crown - A maximum of 1.25 million MLN to support this crowdsale and a future one to support additional phases of work. 500,000 are available. 150,000 slated founders, advisors, and corporate partners will be locked and non-tradable for two years or until Melon is fully deployed. 100,000 tradable tokens will be created for the Melonport company to use. 500,000 will be kept in reserve for a future crowdsale. A decentralized hedge fund with lower limits for entering, reduced overhead costs, and more transparent operations. It is not predicted to launch until February 2018, so at this point it is all speculation in my opinion.

#Swarm City

• Ticker: SWT
• Website: https://swarm.city/
• Subreddit: r/SwarmCity/
• Current Marketcap: $16,739,907
• Current Price: $2.53 (1.72%)
• Brief: In the Swarm City ecosystem users will only be able to transact with Swarm City tokens (SWT) running on the Ethereum blockchain. With Terminal, users can now send and receive SWT directly from their personal contract. Terminal will be the foundation for transacting in future Swarm City projects such as ‘needaride’ and ‘swarmbnb’. The release of Boardwalk is the second part of their platform after Terminal and will allow users to make some basic peer-to-peer transactions with SWT.
• Trader Hot Take: Personally, I am wary of their business model, because as of now, it seems to be recreating existing types of sharing services, but simply tweaks them by using blockchain technology. Especially when the honeymoon phase of companies like Uber and AirBnb are coming to a close and we begin to see that there are in fact downsides to the sharing economy. That being said, the sharing economy is not going away and I believe it can expand beyond just ‘share a ride’ or ‘stay at my house.’ It could expand into microlending or the gigs sections of craigslist for all I know. Maybe some users could weigh in on what they see in this token.

#Singular DTV

• Ticker: SNGLS
• Website: https://singulardtv.com/
• Subreddit: r/SingularDTV/
• Current Marketcap: $92,031,600
• Current Price: $0.153386 (-8.90%)
• Brief: Singular DTV is a content production and distribution platform built on Ethereum. The goal is not only to create and broadcast quality film and TV content but also to reshape the entertainment industry into a more fair, efficient and transparent business thanks to blockchain and smart contract technology. The initial project plan consists of several parts – an original television series, a documentary division, a digital rights management (DRM) platform built on Ethereum, and a video-on-demand portal based around Ethereum. Couldn’t find the whitepaper, but this seems semi-adequate
• Trader Hot Take: So when I first read this mission statement, I had flashbacks to this documentary call We Live in Public where a 90’s dot com mogul tries to invent TV on the internet. In the movie, the guy is way ahead of his time and is kind of a boner so he fails miserably. But after digging and reading about SNGLS, I stand completely corrected. If anyone can revolutionize something, it is them. I don’t think anyone saw what Netflix would become 15 years ago, and this could potentially be true here as well. Especially in the entertainment and media industry, where there are many opportunities to be had.

#Etheroll

• Ticker: DICE
• Website: https://etheroll.com/
• Subreddit: r/etheroll
• Current Marketcap: $14,767,192
• Current Price: $2.11 (19.30%)
• Brief: From the Company - Etheroll is an Ethereum dice game which is provably-fair, has a low 1% house edge and no sign-ups or deposits. Each dice roll is provably random and crypto-graphically secure thanks to the nature of the Ethereum blockchain. It is also relies on random.org a third party for its randomness. Players can set their own odds using our unique web-based UI. Whitepaper here
• Trader Hot Take: It’s Gambling! What more do you have to know ya bimbo

EDIT 1: Thank you to u/tendeer and u/outbackdude for the clarifications.