We already have Zencash. Why choose such a similar name, i.e. "Zelcash". I always stay away from projects which adopt a name similar to other popular projects. If you can't choose a unique name for your coin, then what else can we expect from you....
ZelCash is ASIC resistant utilizing 144,5; so I would view it as a more democratized token.
Horizen is an awesome project, but I think for what ZelCash has delivered so far, it is way undervalued. ZelCash has been running for 6 months, and yesterday launched a multi-asset ZelCore platfrom (desktop and mobile). Computational nodes go live in Q4, DEX Q1. ZelCash may be a smaller project, but the dev talent is way underpriced, and the speed they are moving is pretty impressive.
I mean why did we need PIVX when we had Dash if that is the argument?
Low cap doesn't mean that it will be a good project. What i think about low cap projects is, they don't have enough confidence with their product and their ability.
Also, i don't think ZelCash is a good project because it is low cap. I think it is amazing value right now in this current market because it is low cap.
You can spend $10,000 and go buy Horizen and own 0.013% of that project, or spend the same and buy 1% of a fast moving project that has way higher upside potential.
I bought PIVX when it was $0.001 a token. That was a 'low cap' project when I bought it. If you can find the legit, low cap projects, you can do the big multiple returns i think.