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Topic: Project use case is important for long term investment (Read 248 times)

full member
Activity: 896
Merit: 115
Many people don't know that a use cases to be realistically achievable is one of the criteria to consider if you are going long term on a project. For an otherwise project , what the project will see is short term investors that will Invest to sell off on exchange and move on. In this process many will be caught in because it won't list on good exchange and price won't be anyway close to ieo price. Let's do more research before taking huge risks . 
legendary
Activity: 2156
Merit: 1151
Nil Satis Nisi Optimum
I have seen several investors complain of rekts and loss after participating in certain ieos or investment, the token refuses to pump or increase in value.

It is as a result of poor demand for the token, hence before investing outrightly for the longer term, research and find out if the token has a use case that can drive token demand.

Because a project without use case, it's just crypto currency. Without demand for the token, it may never reach its true value.

In my opinion, most of the tokens or coins on the market are pump and dump projects. Unlike the coins or tokens that have products because their growth takes time. Tokens that have a use case will usually be more resistant to price fluctuations

i do not think that tokens with use case are more prone to price fluctuations, it is a volatile market, but use case and viable product is only way to have sustainable project for the future, in all other cases projects will shut down eventually since there will be no revenue for the people inside the project to continue their work
member
Activity: 840
Merit: 10
I have seen several investors complain of rekts and loss after participating in certain ieos or investment, the token refuses to pump or increase in value.

It is as a result of poor demand for the token, hence before investing outrightly for the longer term, research and find out if the token has a use case that can drive token demand.

Because a project without use case, it's just crypto currency. Without demand for the token, it may never reach its true value.

In my opinion, most of the tokens or coins on the market are pump and dump projects. Unlike the coins or tokens that have products because their growth takes time. Tokens that have a use case will usually be more resistant to price fluctuations
sr. member
Activity: 1246
Merit: 254
Trphy.io
But this is the real problem, we thought that cwe can built everything on blockchain, but as you can see blockchain is applicable only for money  transfers and as a form of digital asset.  Smiley
So many times a lot of reliable parties have already stated if the potential of blockchain still needs the more research and that means to apply blockchain in any product still an impossible thing to happen. There are few sectors that can use blockchain as its core system properly especially in the financial sector.
This is reasonable because I think Blockchain is still not enough old and is still young to be accepted by various countries, So to prove the sophistication of Blockchain still needs a lot of research or tangible products using the Blockchain system. Any project which able to prove their product using the Blockchain then I think it is a very feasible project for us, as long term investment.
hero member
Activity: 2282
Merit: 505
But this is the real problem, we thought that cwe can built everything on blockchain, but as you can see blockchain is applicable only for money  transfers and as a form of digital asset.  Smiley
So many times a lot of reliable parties have already stated if the potential of blockchain still needs the more research and that means to apply blockchain in any product still an impossible thing to happen. There are few sectors that can use blockchain as its core system properly especially in the financial sector.
sr. member
Activity: 966
Merit: 254
But this is the real problem, we thought that cwe can built everything on blockchain, but as you can see blockchain is applicable only for money  transfers and as a form of digital asset.  Smiley
member
Activity: 1540
Merit: 68
To be honest with you, you cannot count on every projects use case when you are doing your own research because in crypto currency things happen.
If you want case study, look towards the blockburn project, the spyce project , currently their product is struggling.

One thing you have to take note is that, the project use case you are confident about; can it happen ?
sr. member
Activity: 1218
Merit: 254
Trphy.io
The problem is that how people would easily fall into something enticing and they not making any second thought and put their money in for investments. They should put atleast a little effort to search and learn/educate what and how the project would bring innovations/changes in business sector they proposed to.
Very few investors are really thorough when choosing their Investment Project. In addition limited by their knowledge about Crypto project, they were also influenced by the lure of gifts or advertisements distributed by the Project Team. I personally see it is not good if we make a new project as a long-term investment.
hero member
Activity: 2072
Merit: 503
for now, conducting research before investing is mandatory. however, if you don't do the research, it's the same as throwing away your money. make sure that the project is worth. however, to be more secure, we can immediately choose tokens that are already on the market.
sr. member
Activity: 1652
Merit: 262
SOL.BIOKRIPT.COM
since long time ago or based on experience in the world of bounties, projects with real use cases will be projects that have a future. because, usually after the token is released then the token will become useless because there is no real use case, and investors or traders who have already made a profit will usually leave immediately. because on average they started with pre-sale.
hero member
Activity: 2940
Merit: 593
Leading Crypto Sports Betting & Casino Platform


Because a project without use case, it's just crypto currency. Without demand for the token, it may never reach its true value.

Of course, it is after the initial hype the coin will lose its value in the market, the most important thing right now is sustainable, if you failed to sustain your coin, investors will see that and they will just dump your coin and move to the next project, more so if your project is just a copy-paste of a past projects and those already in the market.
full member
Activity: 994
Merit: 117
sometimes that looks attractive from the outside may not necessarily have good abilities inside.
Likewise with crypto, there are many real use cases but you can't do anything on the market, so don't expect too much about it because the pope is the real ruler.
jr. member
Activity: 250
Merit: 2
The problem is that how people would easily fall into something enticing and they not making any second thought and put their money in for investments. They should put atleast a little effort to search and learn/educate what and how the project would bring innovations/changes in business sector they proposed to.

To be frank, one of the best way for a crypto token to thrive and sell easily are if it is enticing, attracting and easy to use.
The question we should ask before investing is that, is the use case reliable ? is it achievable ? is it realistic ?
member
Activity: 882
Merit: 13
The problem is that how people would easily fall into something enticing and they not making any second thought and put their money in for investments. They should put atleast a little effort to search and learn/educate what and how the project would bring innovations/changes in business sector they proposed to.
member
Activity: 210
Merit: 10
I don't agree, team professions are more important than use case most times, if team are good enough they can drive any new project to new better heights, I remember refereum project, as weak as its use case looks like the team have been doing excellent job so far
member
Activity: 266
Merit: 16
Sovryn - Brings DeFi to Bitcoin
Agreed but use case are of different levels, some are better than the others, many use case in crypto space are over hyped.

And again sometime projects have good use case but with bad team, how will you keep holding on to such coin? It's better to watch out for both use case and capability of team
hero member
Activity: 3024
Merit: 651
Correct. But how?

Use case as you said.
What do people want right now?
What do they need?
Have been looking for something to invest with but it looks to me like they are just repeating everything.
It's difficult to find a unique one. And if you do, they end up not being supported much because there is just no hype.
Worse case, they are a scam. Those unique genius minds just used to steal money. Sad but it is the truth.
legendary
Activity: 2156
Merit: 2100
Marketing Campaign Manager |Telegram ID- @LT_Mouse
If you are looking for use case or utility of a token, trust me you will not have one. I had a discussion on utility token earlier and I was really frustrated with the response ftom the community that there is no utility token in reality. Projects promised to have use case but they failed to implement, that's the case most of the times.
Check the discussion- https://bitcointalksearch.org/topic/m.54251841
sr. member
Activity: 644
Merit: 257
Worldwide Payments Accepted in Seconds!
I have seen several investors complain of rekts and loss after participating in certain ieos or investment, the token refuses to pump or increase in value.

It is as a result of poor demand for the token, hence before investing outrightly for the longer term, research and find out if the token has a use case that can drive token demand.

Because a project without use case, it's just crypto currency. Without demand for the token, it may never reach its true value.
Also consider the exchange where the IEO is happening. Sometime, the token never really good and investor noticed it. Take for example projects listed on low quality exchange such as p2pb2b or vindax. The project listed here are not comparable to the projects listed on Binance, Kucoin and other top exchange providing IEOs. Use case is important and the quality of project without it they cant experience a pump. With that said, some are increasing price but those are maybe manipulated by the exchange or team itself.

I would stay away from projects like that and only focus on good ones.
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
I have seen several investors complain of rekts and loss after participating in certain ieos or investment, the token refuses to pump or increase in value.

It is as a result of poor demand for the token, hence before investing outrightly for the longer term, research and find out if the token has a use case that can drive token demand.

Because a project without use case, it's just crypto currency. Without demand for the token, it may never reach its true value.

It should not even be seen as a cryptocurrency and if os, it is an outrightly shit coin.
This is why investors who look for well-developed products instead of exchange listing are very right. Such a coin will never get listed one good exchange and most times, their prices become so useless that you might get nothing meaningful from it, even after investing si much.
I think if it's a little bit wrong. We must not put or even bet everything in the product. As you can see how harmony was developing a good product and this time it was going drowned to the bottom even if it has a good product and it doesn't give a big guarantee. The product must be supported with a lot of variable just like the community, advertisement, and a lot of factors needed to make the company can get a huge result.
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