Rather interesting project going on here.
I think the potential upside is huge if this catches on.
Compared to anything similar NXTTY is miles ahead already in terms of delivery on a real functioning product.
It's refreshing to see solid innovation here compared to all the drama and false promises occurring in Crypto right now.
And in terms of the market :
http://coinmarketcap.com/assets/nxttycoin/#chartsIt's just a gorgeous chart looking at the 90 day. From $175k to over $2 mil.
WhatsApp for $19 Billion and NXTTY only at $2 million = Lot's of room to grow
I don't think a $20 million dollar market cap is unreasonable in the not too distant future.
10,000 or so downloads is expected, but this has to go far past the crypto crowd to be a success. I'm not saying its impossible but you have to be realistic, creating the next WhatsApp if easy everyone would be doing it. Search on the google store for chat or messenger apps, there are hundreds!
but this has to go far past the crypto crowd to be a success>> News Flash<< the targeted market is mainly people that never heard of crypto
Show me one messenger app that has a wallet with it and much more to come
Gaming for one!
There are two type of people on this forum. One looks at a coin and sees nothing but blue skies, huge market caps and the coin becoming the new world reserve currency. The other see no hope in a coin and unless its Bitcoin then its going nowhere.
I like to think I have a balanced view which is more often than not what actually happens ie reality.
I think NXTTY has a lot of potential but becoming the next Whatsapp is not only difficult is a long shot. Be relalistic and see this as a possible 100,000 app or even 1M download app first. The truth is the average person wont easily jump to a new chat app and if they did there are as I said hundreds out there offering all kinds of gimmicks.
We are crypto nuts we think everyone should want Bitcoins but the reality is most people don't give a crap about Bitcoins etc and all it would take is an article saying NXTTY is being used to fund terrorists and no one will touch it. What I'm calling for is sober balance, getting a million downloads is not a piece of cake, getting 20,000 or even 50,000 is doable cause there are enough crypto nerds who can send it to friends, the issue is will their friends care about it or not and invite their friends?
Thats the million dollar question.
Check out the competition in this space if you ever start thinking this will be easy.
https://play.google.com/store/search?q=chat%20messenger&c=apps&hl=en