Shift wants to decentralize the internet and they have started their mission by creating a DApp called Phantom and a DApp SDK tool which will both be released this September. The Phantom release has been much anticipated for by the Shift community and represents a milestone in the development and recognition of the coin. It will allow users to store files on the decentralized internet using the IPFS protocol. The Dapp SDK tool will allow developers to build decentralized applications on the shift blockchain, thus drastically increasing the value of the coin.
Unlike Ethereum, Shift is written in JavaScript, a language familiar to most web developers, together with an easy to use Graphical User Interface (GUI), Phantom can be easily adopted by the vast majority of web developers.
Shift uses a decentralized Proof of Stake system to mine the blocks, for a detailed description on the difference between dPoW and dPoS systems I would advise hitting up Wikipedia or a good explanation on youtube. The most important thing to remember is that dPoS is the better environmental option as it requires less energy for blocks to be forged. As energy will become more expensive in the future, dPoS systems ensure that the Shift code is future proof.
Lisk, Shift’s closest resembling competitor, currently stands at a market cap of 681 USD million, whilst Shift stands at market cap of 17 milion USD. That’s a whopping x40 return of investment (ROI) if shift hits that same market cap!
On top of the website release in september, Shift will drop their new whitepaper, roadmap, SDK tool and will release Phantom at the end of Q3 and Q4 of 2017. So you could say they got a lot coming for the 4th quarter of 2017!
But wait, Christmas isn’t over yet! On top of all the updates Shift is releasing, they will also commence with their marketing plan. Now let me remind you that Shift has never performed any marketing prior to the Phantom release yet because they have been working non-stop on the technology. This gives Shift the underdog position, and makes it possible to get a x10, x20, x40 ROI once Shift attracts new possible investors.
As of now, the tech is done, the marketing plan is written, the marketing funds are in and Shift is ready to shoot through the roof! So pile up on that shift now, because once Phantom drops and their marketing gets going, you will never see Shift at $1.50 again!