Real use cases that can't go wrong | Bitcointalksearch.org

BartS

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Quote from: Patrix_1 on November 22, 2019, 04:05:10 AM

For sure it can go wrong, nothing is protected from failures. Especially, if a project has a real use case, but greedy management, bad community and poor roadmap. There are more important things that a working product.

For a project to be successful everything needs to go right, a project that the only thing that has going for it is its use case does not really have anything.

The developers need to have the abilities to make the project a success, even something as basic as the chemistry between the team members is critical since I have seen some projects failing precisely for that reason, they also need to set realistic goals if they do not then the community will get restless and may sell their coins and stop their support to the project.

Patrix_1

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For sure it can go wrong, nothing is protected from failures. Especially, if a project has a real use case, but greedy management, bad community and poor roadmap. There are more important things that a working product.

DarkDays

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Well, we have already seen that the cryptocurrency use case for blockchain is a winner. However, I also believe that we are only just beginning to see the beginning of what smart contracts can do.

Right now, most smart contracts are used for rudimentary tasks like delivering tokens for ICOs and handling funds for investment pools. I think their main use case will be in IoT, which is an emerging tech.

letyouearn

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Real estate is just the basic option which every guy like you is thinking about when talking about serious investing. It's very popular among masses and people like it because it's "physical" enough, you can see and touch your investments. But that's not the best option as for me.

Bitbtc8

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Scammers wants money one way or the other and so is investors too, if project like BOMB token that only offers nothing but burning off tokens with deflation function can gain investors mind like that well i think that scammers will always find themselves who to prey on

asriloni

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Quote from: bgaf on November 20, 2019, 07:52:11 PM

Quote from: starblocks on November 20, 2019, 07:01:11 PM

Not many cryptocurrencies actually have any "real world use cases" and are designed just to profit the project's creators for developing a token that has no real world value in terms of adoption so when you invest make sure you're investing in the kinds of assets that will last long term as these will likely benefit you the most

Agreed. Many projects even though they are not appropriate for blockchain is really doing a token crowd funding for their incoming project. I dont know why so many projects introduced that are connected into real state which I found very mismatch and not useful at all. I will understand if its about financial management purpose or bank affiliate but real state is something out of blockchain needs.

It caused by money and no more. Even some scammers have made non-sense projects. So many projects have been using the idea to create further development in the financial system combined with crypto. that makes those scammers are not getting a lot of ideas and they started to take the crap and non-sense approach.
The problem is why so many investors could not even see which is a sensible idea and non-sense idea. Those projects were using non-sense approach just wanna try to scam investors only. After they have issued assets and they will be running away with the investor's money. some crap projects even declared if they are doing ICO to get donations only.

bgaf

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Quote from: starblocks on November 20, 2019, 07:01:11 PM

Not many cryptocurrencies actually have any "real world use cases" and are designed just to profit the project's creators for developing a token that has no real world value in terms of adoption so when you invest make sure you're investing in the kinds of assets that will last long term as these will likely benefit you the most

Agreed. Many projects even though they are not appropriate for blockchain is really doing a token crowd funding for their incoming project. I dont know why so many projects introduced that are connected into real state which I found very mismatch and not useful at all. I will understand if its about financial management purpose or bank affiliate but real state is something out of blockchain needs.

starblocks

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Not many cryptocurrencies actually have any "real world use cases" and are designed just to profit the project's creators for developing a token that has no real world value in terms of adoption so when you invest make sure you're investing in the kinds of assets that will last long term as these will likely benefit you the most

leowonderful

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It's also a good idea to always keep in mind the use-case isn't the only thing that matters with a project either. There's been plenty of projects over the years where a good idea was present but various details in the execution were wrong and led to things never working out, or more commonly projects that just weren't original at all.

This particular use case the OP mentioned just does not make sense to me either; there are already ways to use existing crypto to buy property such as with Bitcoin or Ethereum, and those larger coins do the job perfectly well without any major disadvantages over a coin or token designed solely for the purpose of being used for real estate at the moment in my eyes.

dataispower

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Quote from: Furryball on November 15, 2019, 12:19:00 AM

Real use case is different from real use case, some are good and some are not, every one keeps talking about their own understanding of real use case, if you ask rich men where they get their money from 80% and above will say real estate and businesses , now how about a real estate investment where you can only invest using an utility token? this is a 100% valid real use case on my watch, they can't go wrong, do your own research and if you have another example of high rated real use case do not hesitate to drop, thanks

Your introduction is somehow self contradictory "real use case is different from real use case" but I believe you imply that some use cases are better than others or some use cases are more valid. Talking about a utility token used in real estate, that's a good use case per say, some good uses cases include; being accepted exclusively for an online shopping mall, tokens which represent equity shares, tokens used for medical bills or as payment for target adverts etc.

fudster

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Seem a centralize idea to me. how's that you can only use the token for that real estate investing purpose?

Maybe this is where the blockchain is going to end after all. Centralization. Most of the ideas for blockchain projects seem explored already and had turned scam in the past. Use case won't matter if its centralized, it can be taken down one day and your money will be gone.

Shallow

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Quote from: Furryball on November 15, 2019, 12:19:00 AM

Real use case is different from real use case, some are good and some are not, every one keeps talking about their own understanding of real use case, if you ask rich men where they get their money from 80% and above will say real estate and businesses , now how about a real estate investment where you can only invest using an utility token? this is a 100% valid real use case on my watch, they can't go wrong, do your own research and if you have another example of high rated real use case do not hesitate to drop, thanks

Actually you sites a good example of an investment which will give good long term rewards; real estate is one of them. But I tend to believe this happens in the outside because coming to the crypto space, I have seen many real estate blockchain platforms which either operated for a short time and die off and didn't even enter the crypto market. This shows that the right knowledge is yet to be gotten on how to correlate blockchain with real estate. Of course real estate in the blockchain space will be a good use case if there are developers or team willing to pilot it.

pobeditelvezde

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Quote from: Furryball on November 15, 2019, 12:19:00 AM

Real use case is different from real use case, some are good and some are not, every one keeps talking about their own understanding of real use case, if you ask rich men where they get their money from 80% and above will say real estate and businesses , now how about a real estate investment where you can only invest using an utility token? this is a 100% valid real use case on my watch, they can't go wrong, do your own research and if you have another example of high rated real use case do not hesitate to drop, thanks

Some time ago I also thought that investing in real estate is a profitable type of investments. Nope, it is not true at all. There are some reasons why so. I can enumerate several reasons. First of all real estate is not a liquid asset that means you cannot buy/sell an asset in a simple way. Professionals know that the market of real estate may be in a downtrend or stagnation and in that case you can sell your assets only with a big discount what is not good for you. You probably must be informed that real estate is a passive asset which generates a negative cash flow (taxes, payments, maintenance and so on).
What about me, I do not buy real estate unless a particular asset costs a ridiculous small price.

Pearls Before Swine

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Quote from: Furryball on November 15, 2019, 12:19:00 AM

Real use case is different from real use case

Oh, that makes sense.

Quote from: avikz on November 18, 2019, 07:59:28 AM

What exactly you are trying to establish? Is it a promotion of an utility token which invests in real estate?

I think this guy is off his rocker or doesn't know how to write in english or has brain damage to some extent. Could be a bot as well.

Quote from: masterrex on November 18, 2019, 07:31:56 AM

Sounds confusing to me! since it was repeatedly mention (*Real use case is different from real use case) whats your point about it?

And it's confirmed, op is a dip shit. If he's trying to link cryptocurrency with real estate somehow, he is doing a piss poor job of it, and there aren't many examples I know of where crypto has been used to buy property. Yes there are a few but it isn't common. But I'm sure op is long gone from this thread and won't be back to clarify what the hell he's talking about.

OneCoinMan

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I used cryptocurrency to pay my phone bill and also saw a cafe when I was in Europe where I could pay with bitcoin, but I did not use this opportunity because I did not have a password from my wallet with me. This was the only time. But the tokens that are stamped on the blockchain eth have never met, although in white papers they write about a bunch of possibilities to use the token in real life. As it turned out so far, it looks like only a hoax.

zhengqi

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Of course, there are a lot of cases of real use of crypto, but I am far from them. I have not used crypto for any purpose other than trading. This is very cool, but so far the use of crypto in real life is not very common, it should take time for crypto to become commonplace.

Katashi

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Quote from: Bttzed03 on November 15, 2019, 12:37:52 AM

If you look at the prices of other real estate blockchain projects, the crypto community seems to have little interest on this market.
https://coinmarketcap.com/currencies/iht-real-estate-protocol/
https://coinmarketcap.com/currencies/real/

They might have a valid real use case as you claim but if the market doesn't agree, there must be something wrong.

In my own opinion tokenization and blockchain technology is a huge improvement in the real estate industry but due to the complexity of rules and regulations in property investment, crypto investors are still doubtful in this kind of project. Real estate platforms are still in the stage of maturing just like other projects so it will take some years before we see some progress but for me, it's not a bad idea to invest in real estate projects because they have a big potential.

xiboothrezi

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Quote from: Furryball on November 15, 2019, 12:19:00 AM

if you ask rich men where they get their money from 80% and above will say real estate and businesses , now how about a real estate investment where you can only invest using an utility token? this is a 100% valid real use case on my watch, they can't go wrong, do your own research and if you have another example of high rated real use case do not hesitate to drop, thanks

If you include quantity, it is better accompanied by evidence and relevant sources so that your statement can be verified. Because I see many members questioning the truth.
Whatever it is, realistic and real-use projects that are able to provide tangible evidence of progress that has been achieved are a good signal to attract more investors.

Quote from: Dart18 on November 19, 2019, 08:11:31 AM

snip---

Real estate had been the booming industry ever since the population is getting higher.
People need shelter and they need land first to build that shelter.
Me, if I have the chance then I would really invest there. But here in crypto, I will never ever invest in an ICO or something else that is about real estate.

Many doubted that real estate was adopted with blockchain and ICO, because many failed and stopped, so it is natural for you to choose like that. However, there is one successful project related to real estate that I have participated in, Atlant. Indeed, overall it looks more promising than similar projects.

Dart18

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On your watch? And what is it?
Try to name one if you are advertising something.
Maybe something like what others do, an article. But please keep it short.

Real estate had been the booming industry ever since the population is getting higher.
People need shelter and they need land first to build that shelter.
Me, if I have the chance then I would really invest there. But here in crypto, I will never ever invest in an ICO or something else that is about real estate.

jcarlo

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Quote from: Furryball on November 15, 2019, 12:19:00 AM

Real use case is different from real use case, some are good and some are not, every one keeps talking about their own understanding of real use case, if you ask rich men where they get their money from 80% and above will say real estate and businesses , now how about a real estate investment where you can only invest using an utility token? this is a 100% valid real use case on my watch, they can't go wrong, do your own research and if you have another example of high rated real use case do not hesitate to drop, thanks

I don't think there are many projects that work on property business. If the property sector is in tokenisasi, I think it will be more interesting especially if the project has assets and has a partnership with a well-known property company.

Topic: Real use cases that can't go wrong (Read 565 times)