Why Philippines first?
Yeah they are planning to start here in Philippines. I think they will really going to expand soon when they successfully run their services here. I forgot their reason why they chose here but if I'm not mistaken it's because of the cab services here.
Just like I read some time back, the picked Philippine as a start location cause of the high number of cab usage over there. I hope the locals will adopt the idea and give it a good support.
There are other countries where cab services are used with high volume, but it seems Philippine government is favouring to Crypto as well, in some countries use of crypto is still restricted
Oh. Nice. I think the crypto community in the Philippines is still very low or they just don't make too many noice about crypto there. But I know you hardly hear anything concerning crypto from there.
There is still uncertainty over use of crypto as currency. But if project like Tachain become successful then people will start using crypto currencies more confidently.
Recently read an article on how blockchain has made crypto currency more accessible and i must say that statement is very true. The more blockchain projects we have the easier it will to get crypto and the more acceptable it will become.
I don't think is all about how many projects coming into the industry but how productive such project is, going through coinmarketcap, one can deduct that most of this projects have nothing to offer to the community and will surely phase out, we need project that are of value and that can sustain itself, that's what the blockchain industry need to survive
And coinmarketcap have become increasingly annoying with time, it seem as though the company do not conduct a due diligence to check the various coins coming to list in the the site, its annoying to see extremely valueless tokens getting listed making it the more hopeless to go down through them and seeing that they are indeed without much value
So it seems, there has been some school of thought that believe that coinmarketcap do a lot of manipulation behind the scene and some articles has been published in that aspect but one thing is for sure, those tokens that are worthless will die a natural death when projects of value begin to issue out their implementations, so its just a matter of time
I like your believe mate, but the question that comes to mind is; are they enough valuable projects to sustain the blockchain space when these worthless projects phase out
The industry is quite new and at same time there are enough project that can sustain it, millions of transactions has been made in the industry this past few months and such will increase as we've come to notice the coming in of brands that has real value, take tachain for instance, it's the first in the blockchain industry and based on the transportation/ advertising niche and we have niches with about 3-4 brands competing for same concept, so there are enough projects