Primas (PST)

Market Cap

$5,733,616 USD

Volume (24h)

$2,919,745 USD

3.5

SAFETY

Ranking factors:

Markets

How many exchanges are there to trade this coin?

Primas Markets Rank: 5/100
Volume Ratio

How actively is this asset being traded on the market?

Primas Volume Ratio Rank: 51/100
Market Cap

The total cost of all coins available.

Primas Market Cap Rank: 87/100
24h Change

Is the price moving up or down?

Primas 24h Change Rank: 43/100
Social Following

How many users are following this coin?

Primas Social Following Rank: 58/100
Google Trends

How many users are searching for the coin?

Primas Google Trends Rank: 1/100
Twitter Citation

How many users are talking about this coin in Twitter?

Primas Twitter Citation Rank: 14/100
User Voting

How popular is this coin among Cointobuy community?

Primas User Voting Rank: 86/100

Primas investment analysis

Primas investment is of Asian origin and prides itself as an open ecosystem digital information marketplace. Three important highlights of this project include how blockchain is used for the content registry, how the platform organizes the collation or distribution of created works by publishers and assigning specific identity tags to them.

The content marketplace is one thriving niche that has been built over time and is highly dependent on the internet community to host their creative work. The economy of this market space is evaluated to be worth tens of billions of dollars.

But the conundrum begins when there’s too much information out there, and there’s not a single way to control this vast array of information, well control in the sense of maintaining their quality and accessibility. These problems evolve into credibility issues, plagiarism and content piracy, poor quality of these information groups, and manipulation by centralized entities and many more.

How to buy?

$0.108813

+11.2%

$0.120979

285/2279

by Safety

2054/2279

by Profit

How to buy Primas?

Primas is listed on about 5 exchanges with a cumulative average of about $4.3 million 24-hour trading (calculated from a week’s range to the point of this article). These exchanges are fairly popular in the cryptocurrency community and offer to trade of PST to BTC, ETH, and USDT. Any new trader or investor should be able to find their way around these exchanges with a couple of search engine help.

To buy Primas using a credit card is a two-step process involving the purchase of any of the aforementioned cryptocurrencies first then creating an account on those exchanges and sending the required amount based on exchange rates and the desired number of tokens to be purchased, factoring transaction fees too. Once on the exchange, you have the option of filling an order or simply setting your desired price. Once you have purchased the crypto, you can decide to store in any of the following: Myetherwallet, Mist, metamask or hardware wallets like Ledger hardware and Trezor wallets.

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This marketplace is a goldmine in an information stricken era. Here’s why, the internet has ravaged the lives of people with loads of information and still, this disruptive technology called blockchain has only made it more intense.

Any way you look at it, blockchain products aiming at providing a solution to the billions of dollars’ worth content marketplace are aiming at a lucrative venture and while most of them may be bogus or ambitious. The problems are real and this industry and the potential is indeed viable. Primas analysis of these problems led them to the idea of building a blockchain solution for the content marketplace.

Right to it then! Why should anyone invest in PST now? Well, of course, doing due diligence about the project is topmost priority for any investor. Background checks and all can help provide useful insights into the healthiness of investment at this point. The following should provide a concise frame of the platform’s worth:

Technology: being an ERC-20 coin has a lot of advantages and disadvantages, especially when there are competitive ERC-20s out there. However, this project seems to have stacked more of the advantages and has marked its territory by providing useful blockchain applications combined with DTCP metadata and IPFS protocols to solve the problems of the content marketplace. In essence, the dApp has the ability to connect creative people across the globe and incentivize them to build the ecosystem.

For Primas, ingenuity takes preeminence and want to sustain that ideology as long as possible. As a clear disclaimer, we have no specific association with this project. But when the underlying logic is to be considered, ridding the ecosystem of poorly stuffed information sure sounds like a great idea, lofty, yes! But still, one that has the power to concentrate value on the ‘internet-of-value’.

Economy: on the economic side of things, the platform is built on the economic backbone of one of the busiest and fast-growing e-service niche in the world. When you talk of the Chinese or Asian community as a whole, any business leveraging the population exposure has a lot to deliver. Though competitive, the major lines are drawn in terms of survival. Genuine products such as this one have intrinsic survival modal tied to the overall objective.

Trading: Over the course of some months PST was able to achieve a huge trading advantage of over 2000%. This is a remarkable feat for such a product on the blockchain. It speaks volume of the community support to sustain the product in the market.

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