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Topic: Some things will never work in crypto world - page 3. (Read 478 times)

member
Activity: 504
Merit: 16
October 30, 2020, 02:44:48 AM
#9
Beware of any crypto use case that isn't into financial or economical ideas, I believe this is the real purpose of crypto, we've been fooled in the past with different use cases that we actually thought would work because of how they are introduced, I really believed that in them because I want the use cases to work, but later I realized that those use cases are better in the real world not online
sr. member
Activity: 1358
Merit: 259
PredX - AI-Powered Prediction Market
October 30, 2020, 02:42:25 AM
#8
First, I want to express my thoughts on the cryptocurrency market. I've always assumed that anything can work successfully in crypto world if you find out how it works.

1. VR (Virtual Reality) projects
2. A.I (Artificial intelligence) Projects

I do not want to challenge your sharing, but currently the two areas are still developing and cannot say anything about these areas. I've seen a lot of controversy about the use of VR, AI in Blockchain, everything has nothing to say about anything.

Here are the article links I found:
1. https://www.forbes.com/sites/forbestechcouncil/2020/07/23/why-we-shouldnt-have-ai-without-blockchain/#329fe29c4c4e
2. https://cointelegraph.com/magazine/2020/03/30/virtual-reality-blockchain-economics-permanence-and-scarcity#:~:text=Beyond%20economics%3A%20Trust%2C%20permanence%20and,virtual%20reality%20without%20fully%20immersing.

3. Green energy Blockchain projects ( probably built to extort money)

It may not be easy to see energy projects for blockchain, but if the project is there, I see them all working quite clearly on me also see the potential for this industry.

Here I have 2 names that will give you a more perspective on the industry in blockchain:
1. WePower
2. Energy Web Token

legendary
Activity: 3276
Merit: 3537
Nec Recisa Recedit
October 30, 2020, 02:34:42 AM
#7
scammers like to ask money using these futuristic use cases. Targeting these new applications doesn't mean that generally we will never seen something really working. Likewise A.I or VR Projects, in a rudimental way the first applications are growing in real world, it seems now too early but in a short matter of times they can literally explode and become something very common in our day life.
hero member
Activity: 2982
Merit: 610
October 30, 2020, 02:30:03 AM
#6
There are some useless or not actually needed use cases in crypto space that will never work anytime sooner in crypto world, few project developers actually thought they can make them work but they are wrong.

1. VR (Virtual Reality) projects
2. A.I (Artificial intelligence) Projects
3. Green energy Blockchain projects ( probably built to extort money)
4. Gold backed tokens (two to three works but majority are scam)

If you think I'm wrong please give your reasons

How about give us some reasons first why it will not work? If the intention of the team are just to scam investors, then even if the project has the potential to grow in the market, it would still fail as scammers will scam, that's how it work.
full member
Activity: 1106
Merit: 166
★777Coin.com★ Fun BTC Casino!
October 30, 2020, 02:26:45 AM
#5
There are some useless or not actually needed use cases in crypto space that will never work anytime sooner in crypto world, few project developers actually thought they can make them work but they are wrong.

1. VR (Virtual Reality) projects
2. A.I (Artificial intelligence) Projects
3. Green energy Blockchain projects ( probably built to extort money)
4. Gold backed tokens (two to three works but majority are scam)

If you think I'm wrong please give your reasons
Scammers already realized that these ideas are not going to work anymore to loot Money from people that is why they are inventing new ideas like DeFi to make people to invest on their projects and will keep repeating the loot process.
legendary
Activity: 2184
Merit: 1302
October 30, 2020, 02:24:20 AM
#4
You have a good point, and thing is many developers have tried numerous use cases, and many others are still reincarnating the very failed use case, all just to scam investors, if you research into these examples in the op, you'll find out that quite a lot of devs have worked on projects like that and failed/scammed their community of investors, why then are other devs still trying out the same very use case for their projects, it's just an indication they want to take money from users who will invest in the hype they'll create at first, and investors fancy hype quite a lot from what I know.

I'd prefer if devs in the altcoin network stop with the many redundant use cases/projects, and actually focus on something that can really work, something the network actually needs and will stay for the long term, not just projects that give returns on the short term.
sr. member
Activity: 1498
Merit: 251
KUWA.ai
October 30, 2020, 02:18:41 AM
#3
A.I projects are click bait that being used by the scammers to attract the investors. Remember when there are so many investors who can't do a proper research to know the possibility for such idea to be implemented or combined with blockchain. that's a garbage idea that will become a real thing.
VR was also a non sense idea that will never work.
Blockchain will be very useful only when it comes to the economic and financial system. I do agree with all of your stataments above.
member
Activity: 182
Merit: 10
October 30, 2020, 02:16:50 AM
#2
Don't even talk about those Artificial intelligence projects, I'm glad we don't see new A. I projects anymore today, there are many in 2018 and 2019 but no single one end up right  Grin

The same thing with those gold tokens, they aren't backed by anything but empty words, I'm sure people are fully aware of this deceitful use case, thanks for sharing lol
full member
Activity: 1148
Merit: 116
October 30, 2020, 01:53:59 AM
#1
There are some useless or not actually needed use cases in crypto space that will never work anytime sooner in crypto world, few project developers actually thought they can make them work but they are wrong.

1. VR (Virtual Reality) projects
2. A.I (Artificial intelligence) Projects
3. Green energy Blockchain projects ( probably built to extort money)
4. Gold backed tokens (two to three works but majority are scam)

If you think I'm wrong please give your reasons
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