Topic: The deeper understanding of Blockchain and Wealth Creation (Read 149 times)
I don't agree if the OP says ICO / IEO is dead, maybe just dying for now. I think a project with a high potential will enter the market if it is in a better condition. for ICO or IEO at the moment it is in fact just nonsense, but some of them have succeeded despite the current bad market conditions. Solution or innovation is the main factor and supporters like a real community. I just remind you not to focus on just one point, for a wealth creation that is certain in my opinion I only believe in Bitcoin, but I really love if the project creates a new technology.
I didn't mean the ICO/IEO markets are dead.I meant People wont invest heads on into projects anymore like it happened in the past.I am well aware of the mass of ICO's because it is my hobby to research projects.Imho these are just aftershocks of the first wave.And waiting for THE BULL MARKET ain't going to change peoples awareness they gained after the last one.People are more educated these days and that's a real good thing.
Because the ICO/IEO dementia has come to an end ,with the loss of a lot of well earned money on the one hand, and the take off with the same money by so called Project Teams and CEOs, on the other hand, i believe the time has come to focus on Projects with real Wealth Creation.
I don't agree that ICO/IEO has come to an end. Currently, new projects have no impact on the market because the market is already in a general crisis. I'm sure when a good bull season comes, we'll see a lot more ICO or IEO! So, I guess you have no idea how many new projects are upcoming to this market. According to some ICO ratings platforms, there are over 1000 ICO/IEO's are coming.
Going randomly through the topics on Bitcointalk one must notice that there are a lot of intelligent and smart people posting and commenting.What you can't find are Project based discussions, following the main three characteristics a Blockchain based Project should have:
-Use Case
-Adoption
-Censor ship resistance
Because the ICO/IEO dementia has come to an end ,with the loss of a lot of well earned money on the one hand, and the take off with the same money by so called Project Teams and CEOs, on the other hand, i believe the time has come to focus on Projects with real Wealth Creation.
Real Wealth Creation ,with the help of Blockchain Technology, can be done only through decentralised autonomous organisations.This structure is in its core censor ship resistant.The problem arises only in the formation phase of such structure.First of all the Founders shouldn't take more than 1 % of the initial token release.Secondly the wallet where the contributions are held must be a multisig.wallet. This way ,contributions can be spend only on Project development with the acceptance of the Participants through voting.The possibility of failure is drastically reduced because hundreds of minds working together for a common goal are much better than the mind of a single CEO.
An automatic benefit payout feature has to be included into the wallet and should be triggered once a month.
The initial investment should be protected and remain as much as possible intact.
Diversification of investments is assured.
Projects like these are in general called DeFi projects and it is likely that they will be the next evolution for the Blockchain Industry.
They will bring opportunity to those holding abandoned coins which still have a little value to make good on their loses in time.
What do you think?
-Use Case
-Adoption
-Censor ship resistance
Because the ICO/IEO dementia has come to an end ,with the loss of a lot of well earned money on the one hand, and the take off with the same money by so called Project Teams and CEOs, on the other hand, i believe the time has come to focus on Projects with real Wealth Creation.
Real Wealth Creation ,with the help of Blockchain Technology, can be done only through decentralised autonomous organisations.This structure is in its core censor ship resistant.The problem arises only in the formation phase of such structure.First of all the Founders shouldn't take more than 1 % of the initial token release.Secondly the wallet where the contributions are held must be a multisig.wallet. This way ,contributions can be spend only on Project development with the acceptance of the Participants through voting.The possibility of failure is drastically reduced because hundreds of minds working together for a common goal are much better than the mind of a single CEO.
An automatic benefit payout feature has to be included into the wallet and should be triggered once a month.
The initial investment should be protected and remain as much as possible intact.
Diversification of investments is assured.
Projects like these are in general called DeFi projects and it is likely that they will be the next evolution for the Blockchain Industry.
They will bring opportunity to those holding abandoned coins which still have a little value to make good on their loses in time.
What do you think?
Yepss there are some new developments on market. I am reading and searching about DeFi constantly. Use case and IOT also another good developments for me. With AI, iot and blockchain we can see new and great platforms, products soon.
I agree that the development, guaranteed benefits, and guaranteed full value will definitely make investors more comfortable to put their funds into the project and participants as promoters also get benefits that can be obtained each month can also be a good guarantee for both parties.
Going randomly through the topics on Bitcointalk one must notice that there are a lot of intelligent and smart people posting and commenting.What you can't find are Project based discussions, following the main three characteristics a Blockchain based Project should have:
-Use Case
-Adoption
-Censor ship resistance
Because the ICO/IEO dementia has come to an end ,with the loss of a lot of well earned money on the one hand, and the take off with the same money by so called Project Teams and CEOs, on the other hand, i believe the time has come to focus on Projects with real Wealth Creation.
Real Wealth Creation ,with the help of Blockchain Technology, can be done only through decentralised autonomous organisations.This structure is in its core censor ship resistant.The problem arises only in the formation phase of such structure.First of all the Founders shouldn't take more than 1 % of the initial token release.Secondly the wallet where the contributions are held must be a multisig.wallet. This way ,contributions can be spend only on Project development with the acceptance of the Participants through voting.The possibility of failure is drastically reduced because hundreds of minds working together for a common goal are much better than the mind of a single CEO.
An automatic benefit payout feature has to be included into the wallet and should be triggered once a month.
The initial investment should be protected and remain as much as possible intact.
Diversification of investments is assured.
Projects like these are in general called DeFi projects and it is likely that they will be the next evolution for the Blockchain Industry.
They will bring opportunity to those holding abandoned coins which still have a little value to make good on their loses in time.
What do you think?
-Use Case
-Adoption
-Censor ship resistance
Because the ICO/IEO dementia has come to an end ,with the loss of a lot of well earned money on the one hand, and the take off with the same money by so called Project Teams and CEOs, on the other hand, i believe the time has come to focus on Projects with real Wealth Creation.
Real Wealth Creation ,with the help of Blockchain Technology, can be done only through decentralised autonomous organisations.This structure is in its core censor ship resistant.The problem arises only in the formation phase of such structure.First of all the Founders shouldn't take more than 1 % of the initial token release.Secondly the wallet where the contributions are held must be a multisig.wallet. This way ,contributions can be spend only on Project development with the acceptance of the Participants through voting.The possibility of failure is drastically reduced because hundreds of minds working together for a common goal are much better than the mind of a single CEO.
An automatic benefit payout feature has to be included into the wallet and should be triggered once a month.
The initial investment should be protected and remain as much as possible intact.
Diversification of investments is assured.
Projects like these are in general called DeFi projects and it is likely that they will be the next evolution for the Blockchain Industry.
They will bring opportunity to those holding abandoned coins which still have a little value to make good on their loses in time.
What do you think?
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