Topic: A coin that solves a problem won't die - page 3. (Read 798 times)

to make a real platform is actually not difficult, you only pay the programmer to make it. but the concept becomes the main right of the real platform, if the concept is made to solve a problem in the community then the project can compete, if not it will be difficult for them to develop.

 "Infinite private markets"..? Hell yeah


I know A few problems this solves can you spot them?



So What exactly is “Market Management" (aka private marketplace/storefront creation) you ask?


"Market Management is a new tool that significantly changes how Particl’s marketplace behaves and is interacted with. It is, simply put, an added functionality that allows anyone to create public or private user markets and storefronts. Whereas Particl’s Open Marketplace used to be the only Particl marketplace available, it will now be one out of an infinite amount of user markets or storefronts that anyone can create. It will, however, remain as the default marketplace, meaning anyone installing Particl Desktop will have access to and see this giant public marketplace."

+ Learn more about other features making their way to mainnet along side market management.

* Adjustable Escrow

Another key feature required to make seller adoption way easier is the ability to adjust the escrow rate.

* Available Markets

The Available tab of the Market Browser displays all publicly available markets. In other words, it gives you quick access to all the markets that have been either publicly listed or promoted.

* Market Browser

Another huge component of the Market Management tool is the Market Browser — a completely new section of Particl Desktop where you can browse, join, manage, flag, and promote markets.

* The seller profile

 A seller profile represents one user on the marketplace and many profiles can be set up on the same Particl Desktop client. It can be connected to multiple markets or storefronts at once.

* Identities

Identities are essentially Particl wallets. An identity’s public key is used to view markets, purchase products on them, and moderate its content while the private key is used to list products on them and process orders.

* Promote a Market

Promoting a market lists it on top of the Market Browser and adds a “promoted” icon next to it. Anyone with access to a certain market can promote it by paying a small promotion fee that is then redistributed, in full, to stakers of the Particl network.


https://particl.news/market-management-is-next-3e35356d5de0#14de

for coins that do not have real products I think it is difficult to develop in the long run unless they already have a good community, and even then I think it is difficult to develop. therefore choosing a coin that has the potential for the future is very good for the short term or long term, because it is safer

It thus makes sense to figure out which coins are good for long term or short term hodl, few coins are good but their roadmap will reveal their upcoming plans so for few years things might die down, this type of coins are only good for short term

Good point. If there's a project that have real usage and able to help solving concern then it will survive and have good support from more investors.
The surviving factors of this kinds of coins will be much higher than those speculative without any potential use. Those projects will just die naturally.
Nothing aside from pump and dump will happen to project that no real intentions to solve any venue or any help that can provide.

I think there are different use cases for coins and that's why this belief has a point. If bitcoin can do all other coin or tokens worth then no need these what we called altcoins. Also different users prefer different kind of approach which some project totally unique. I like eth network so much more than bitcoin though bitcoin is a good asset which is likely to be the most useful in the current time.

You are correct if there is a real world use case and demand for an asset it is unlikely to become obsolete unless it is superseded by something newer and better which happens often in the cryptocurrency world so make sure that if you are investing for long term choose technologies that are built to last and primarily this is Bitcoin with optionally Ethereum and a few other top alternatives

The term "continuous development" has become a rarity in the current market. Very few of the projects have managed to honor the previously decided timelines. In many of the cases, the promoters vanished as soon as they could dump their tokens. And the most tragic thing is that this included many of the promising projects which came online during 2017 and 2018. 

it is very true what you posted and i see a lot of sense in it. but have you thought about the fact that we have 2 - 3 different coins trying to solve same challenges? there are infarct so many duplicated functions currently and that alone can be the very reason why they don't get to see the light of day after listing in an exchange. its a good thing we have the first 50 coins on coinmarketcap, they are solving a lot of challenges already.

periodic developments that will be considered by investors for the project. but sometimes the decline in confidence also comes from bad news that occurs in the market and it makes the project development becomes disrupted. if it's like that, with bad market conditions it will be very difficult to develop projects and get a positive response from the market.

That is really true in an ideal world.  I hope we will really produce coins or tokens that will really solve problem/s. I think this will really help the crypto space to grow and develop more.  It will surely serve the people its maximum potential to produce profit at the same time a significant coin that will last for a lifetime.

Poor business management can make even the most valued asset fall in value. Utility does not sustain a token price, the project must be managed effectively to compete with others. There has to be continuous development of such project to make it relevant always.

yes I agree with you only coins that have good technology that can solve problems, have real uses, and have a trading volume that can last a long time in the crypto market. although coins can solve a problem but not having trading volume will be dead coins. trading volume is also important for the going on of a coin on the crypto market.

Yes they do exist for a reason but problems are existing not because they cannot be eradicated but because they are continuously occuring to the point that we thought that we solved it but another one would occur. There is no such as perfect, everything has flaws. Even bitcoin that some people think its perfect but other alts occur to fultill bitcoin shortcomings. Solving problem either one or two or more than three won't satisfy majority but rather would be cap to fill a hole. Besides alts are created for one clear designated purposes.

Getting active users is one of the major hurdles to succeed for a particular project. Okay, you found your use case in the market, but the next question is - how many are using your product or app or service? Because without those consumers, even if you have a sterling business model, you will not survive in this very competitive market. So one thing that you should look for a project are those real and active users of the platform, not only the number of registrants but the actual consumers of their services.

You have a valid point. Real life application plus other things will determine the extent at which a coin will continue to stay relevant in the industry. Though many projects always tagged themselves as a platform that have better business models than conventional models but most of them always find it very difficult to sell their solutions to the masses

Yes tokens that solves a problem can still die but atleast its better to invest on them than investing on coins with no real use cases, projects that solves problems and die are failed projects, that died due to a tangible reason unlike scam projects

but not all new projects can easily replace old ones. Old projects that are able to solve problems and have many benefits will stay alive and can coexist with new projects that are able to compete.

the most important thing is to monitor every new or old project to find out which will last.

1. Stay away from deflationary tokens, they all have no real use cases, the only one that has use cases with deflation is Chellecoin
2. Stay away from repetitive projects or copied projects, the problem is we have too many copycat projects e.g monero is the first privacy coin and now we have way too many privacy coins
3. Grab yourself a fresh coin with fresh use case they tend to surge in value real quick

And now we have too many repetitive coins that is why many projects are failing, once a project manages to introduce something new many copycats will rise from the ashes , my advise is for investors to make sure that all the coins they tend to keep are not copycats of other coins