What problem does this service solve?

Sphere's goal is to create a digital currency with a fair distribution model.

Spendcoin is a cryptocurrency aimed at encouraging adoption of decentralized financial and educational platforms.

ILCoin's goal is to create a blockchain with faster transactions that will also enable users to create smart contracts.

Token Stats

Company Description

Sphere is a smart contract platform and peer-to-peer payment network. The network has a hybrid PoW and PoS consensus mechanism and is powered by the native SPHR token, which can be swapped for an ERC20 token over the Ubiq smart contract platform.

Spendcoin is an open-sourced cryptocurrency designed for the Cross Ledger Ecosystem, which includes the Spend App and the Blockchain University. The project is run by the Spend Foundation. Their network is currently powered by the Ethereum-based SPND token. Users receive tokens for performing tasks in the Spen ecosystem.

ILCoin is a PoW cryptocurrency. Their goal is to become the first cryptocurrency that uses the SHA-256 encryption algorithm to be able to execute smart contracts. The ILCoin is traded on several exchanges under the symbol ILC.

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Sphere vs Spendcoin vs ILCoin

Sphere

Spendcoin

ILCoin