Topic: Altcoin and ICO investment are technology investment. Do you think so ? - page 2. (Read 205 times)

Altcoins is a general name for other coins than Bitcoin, but given the power of Ethereum that boosted the whole market last year, or new things like IOTA or Cardano, who provide new technologies, the term altcoin is becoming obsolete soon. you cannot call Ethereum an altcoin anymore.

Some crypto are coins, like Bitcoin Zcash Dash LTC, some crypto are platforms for smart contracts, like Ethereum, Lisk, Cardano, some crypto are tokens. Token are either utility tokens, like Unikoin, or OMG, others are asset tokens.

When coin make an ICO, they raise money before the listing on exchange, think of it as an IPO on the stock market. ICOs for asset token like Caviar, are banned in the US. ICOs for utility tokens are not. For example Caviar creates a crypto fund to invest in crypto and real estate, so it is an asset token, because they yield profits like a regular company based on the tokens you own.

In case if I'm interested in ICO, I usually check this information:

1. Team. As the team will drive the implementation, team is really important. Great team can develop a great product, even if the idea itself is not really promising, and vice versa of course. I would like to know about team experience, what projects team was working on before, team linkedin profiles, information about advisers. I'm also interested is a clearly defined vision of a product is present and is product roadmap defined in the realistic way.

2. Developers. This is a part of the team, but I would like to note them separately, as they will be responsible for the technical part of the product. I would like to check, do they have a Github accounts, are they actually doing there something. It is important to know, do developers have all necessary technical capabilities to implement the product, what technology stack they prefer, etc.

3. Is blockchain technology necessary for such product? Why team decided to use blockchain in their project? Are there any reasons for such decision? Are there any benefits from using it?

4. Interest towards project. Are investors interested to provide any funds? Are there any project-related communities? Do team provide answers on questions? Are there any similar projects? What are the differences between this project and other similar projects? Soft cap and high cap.

In case of ICOs, that are not just cryptocuccencies, or something you can just purchase, but some project, which can change, improve and make something easier - it will be a technology investment. But if it's just new crypto, that doesn't differ much from others and you're investing just to make a profit for yourself that has nothing to do with technologies. And people tend to invest in something thinking more about what they can gain, but not the value to society.

yes i agree! I think this is a point other people miss. Like any other software, bitcoin is a piece of technology that solves the problem. In order to understand the the solution, one must understand the problem. It's not as simple as digital currency. We have digital currency. It's so easy to buy things online with a credit card. But that involves trusting a 3rd party like visa or mastercard. Investing in bitcoin is investing on money that runs on a trust free system. Other than focusing on the politics and current events involving the price fluctuations of bitcoin, people should also look at the technological aspect of how the team solves problems its facing along the way.

yes, world is moving reward development and some alts has a big great and huge technology

Each time we invest in any Altcoins or ICO projects, I think we MUST CONSIDER CAREFULLY about:
- A technology that adds value to society
- Infrastructure and encoding facilities
- A team of developers and startup entrepreneurs which is building technology and coding
- Which and how widely people use these coins to pay ?
- A decentralized, free, secure and active internet network for these coin

That is the reason I still think: Holding is best way to make maximize profit in long term.

I need other comments about it. I want to learn.