Hello Everyone,
Unlike buying stocks, bonds or real estate, buying bitcoin is not an investment - Warren Buffett.
Nowadays some peoples too think cryptocurrencies doesn't value like real asset.
Any Real asset based ICO here!
if not who can able to create new cryptocurrency with some scenario as I want (Tamil speaking most advantage)
Project worth upto 0.5 btc
Unlike buying stocks, bonds or real estate, buying bitcoin is not an investment - Warren Buffett.
Nowadays some peoples too think cryptocurrencies doesn't value like real asset.
Any Real asset based ICO here!
if not who can able to create new cryptocurrency with some scenario as I want (Tamil speaking most advantage)
Project worth upto 0.5 btc
Are you looking for asset-based coins to invest in? There are a few a know of but in no way is this an investment advice.
Asset-based cryptocurrencies are on the rise but they are still low in number. There are tokens that are Stable in value called as Stablecoins. Then we have coins that are backed by commodities such as Gold/Gold Mining, Petroleum (Petro-Venezuela), Real Estate and many more. Few examples are: Tether, TUSD, Petro, KobanCoin etc. I am link a good post for you to read. https://www.investinblockchain.com/asset-backed-cryptocurrencies/. Please do YOUR OWN RESEARCH before investing.
But, according to me the point of investing in cryptocurrency is lost when it comes to asset-based coins. The value of these coins is solely decided on the underlying asset value. If they are backed by traditional assets such as Dollars, Real Estate or Gold then their appreciation and fall would be in line with the change in the value of the asset.
Most of the cryptocurrency value is derived on the basis of usability of those coins in a particular network.
While Tether and TUSD were created to facilitate smoother movement of liquidity between fiat and crypto world, I don't see the rationale behind asset baked coins until they have some utility in a framework of the technology developed.