Topic: THE ONLY ALTS THAT ARE REAL PROJECTS HERE !!!!---------CURRENT JULY 2018!! POLL! - page 23. (Read 10610 times)

Sorry I didn't see this one but I notice it now.

Well,,, steemit if this is steem the one I am a bit familiar with for me it perhaps fails on distribution.

I made a steem scam thread a few days after it was released. I will explain why.

So

The steem dev made it POW but didn't release a windows miner and did a few other things to make it very tough to mine indeed.
Someone managed to mine a big chunk so steem dev got mad and reversed it and started over because he didnlt like anyone else mining the tokens.

Now that would to me make it a total and utter scam. I thought it was at this point.

However now the dev says he needs to do this for legal reasons (not allowed to premine) and to get all the coins else the idea can't really work out I mean he has to pay the tokens to the posters from somewhere.

So that seems legit ....and i was thinking okay perhaps its not a big scam or not as bad as i thought.

Smooth also told me it is kind of unfair but that there was a full ledger for these tokens. I view smooth as pretty reliable so I finished off moaning about steem and forgot about it.

However someone once told me that steem was quite gameable and those with the vast bulks of the coins the devs and the smart people like smooth who worked out to mine a good amount without going crazy and taking the devs share ...got more power in upvoting and controlling the payouts etc. Now (not saying smooth himself did anything wrong because he seems quite a decent person to me) but others who would have the power to create other steem accounts and make sure those accounts were paid out nicely.... hmm just sounds a bit open to scamming to me. When things are open to scamming I prefer to call them a scam or at least a scheme. We are building trustless decentralised services here. I don't think there should be any point where trust is required. And if trust is never required then scamming is not possible. This is the kind of projects I like to encourage.

Now also this person makes bitshares, but leaves and starts steem, but leaves and makes eos? not saying this isnt allowed but all this jumping from one project to another seems ....hmmm


Now the disclaimer here on steem is.

1. I don't know if  this kind of gaming is not possible really and there are measures in place to prevent it. But i cant see how.
2. Steem seemed a great design and even some well known devs say the coding and design has merit.

This thread if for open analysis not to be just my opinion so i would love some very smart people to explain if steem was wide open to being a money making scheme by devs and the original handful of miners that grabbed all the tokens whilst others were held out on purpose. Or if that is not the case.

If it seems steem is clean then let's shoot it up on the poll. Perhaps it is okay and meets the real project criteria after all. To me the distribution doesnt look good.... but if im proven wrong then fair enough.

cheers

Well okay I covered bitbay and blocknet - they were my personal reasons for liking those as I posted above.

Now sys although I don't own much of it I still believe it is a real project with a real developer who again is trying to create a trustless decentralised exchange and also many other useful features. That developer again is a proven skilled designer and coder and since i know about the project i thought even though it is kind of competition to bitbay (my fav) that I should list  it anyway because it seems to meet the criteria of a REAL project as per the criteria in the OP.

Komodo - again I don't have very much of this but this again is an atomic trade platform for trustless decentralised trading. So i added it in. JL777 is obviously another great developer too and seemingly a work aholic. So meets the real project criteria. I actually keep looking at their lite version (where you dont require the blockchain to use it) I was told this lite version is different to many other lite versions but since I am not a designer/dev i may not fully appreciate the value of this.

I am not saying which projects are better than others. For me I made it clear the ones i listed myself i have invested in because I believe them to be real projects. However I am actually hoping to benefit from others knowledge here that is far superior to my own to find out about some other Real projects before they hit the big time. If there are some better than I have listed that is great I have now another bit of investing to do in these new ones that become highlighted here.

The aim is for this thread to highlight the real projects here that have been hidden beneath piles of dreams and talk from dev teams with no real devs.

Really appreciate this thread and its objective - sort some wheat from so much chaff.  But, cryptohunter, you haven't explained the reasons for your choices.  Particularly interested in why Syscoin?

Okay sure

Bitbay -

For those that are used to normal qt wallets like most cryto coins have then go and download the bitbay market place wallet. See the wealth of features and the immediate use case for those. DDE escrow and ebay like decentralised market place is just one tiny use case for this software.

If you think about it we are trying to create an end to end  decentralised trustless arena for commerce and trading of all things. Bitbay and blocknet (when fully functional with the new UI will bring vital missing pieces to complete that puzzle.

Now let me say I know both of these have a few competitors and I am not ruling those out. However I am more familiar with these ones than their competition. I am quite open and very happy to see any real projects added to this poll. I want ALL of the real projects that meet the sensible criteria listed to be added.

Making things fundamental things decentralised and trustless to me is more important than say other services others projects are working on but that does NOT mean they are less important to everyone here so they are free to add their chosen REAL projects that will meet the sensible criteria in the OP.

Bitbay ( i am not saying this is for everyone) but to me personally offers more than any other project on this board period including the top 10 (except perhaps ethereum) for its market cap. To me it is grossly undervalued considering what this developer is capable of. The feature list is all very useful and to some may seem over complex but these new complex spending and pegging options along with multi sig staking and all the new features just keep piling on and opening up to more and more use cases. The next big step will be the api and letting other dev teams build upon the bitbay core.

Blocknet is more of a wildcard because although they have proven working dex they are taking forever to get it all together but i am personally hoping for the best and as a personal thing only will be so pleased when we have decentralised real atomic exchanges so that area of needing trust where we can all be manipulated and scammed is eradicated. If blocknet does not bring it en mass then I will welcome any other project to do it for us. Their new ui does look great and i hope they get their ass into gear on the lite dex as well as the new ui. If this is as usable as i hope it will bring in a new era of trustless exchange .

Although I am invested in this and other similar projects I would welcome any new atomic exchange to take off. Immediate personal gain is of course my main drive like all of us but still i never put enough eggs in one basket to become too myopic and it will be great for any real atomic dex to take off in a big way the same as any real decentralised market place. Making all things decentralised and trustless is the new goal.

Cryptohunter, could you share with us why you are so attached to projects such as Bitbay and Blocknet with the same standard set up for the topic ?

Im on this forum since the end of march, and ive seen few bits and pieces of why this two projects are remarkable pioneer in their fields but it will be great to have a clear explanation of both in here, to expand community knowledge !

I believe that you followed both of this community for a long time so it ll be great to have you express your view with us  

Bitshares I will add for sure although this designer/coder has in the past not had a good track record with initial distribution i think bitshares was not so bad.

Wings again looks good. Please answer for this thread how was the initial distribution conducted was it ico or pow or how was it conducted. Initial distribution is VERY important.

Tierion - seems to pass well with everything... again please explain about the distribution and how it was conducted.


All projects added should have valid explanation of why they are classed as REAL projects. Distribution is KEY.

Bitshares I am adding now.


The others I await the distributional analysis.

From the options in this list my choices are: Byteball, PivX, Waves and GameCredits. Only time will tell if the right choices have been made.

I will not write much about each company. All of them are outside the top 10. Each has a serious team. All companies have found a real application for their technology.

Tierion
Tierion is a global data verification platform, created in 2015 based on Chainpoint technology. It is aimed at verifying the data of the document using the best block systems. Unlike Bitcoin, Chainpoint confirms all transactions in the blockroom. With the help of this software, you can perform one binding to any number of accounting reports.
The company's activities cover a wide range of users. Now any enterprise can protect and notarize documents of high importance with the help of a "protective mechanism".

Already now, Tierion has been joined by health, insurance and financial services companies, which store significant amounts of data in the system. The Chainpoint technology tracks the creation time of the source document and its modified data. A number of large enterprises are already using the services of this platform. Including Microsoft and Philips, as well as a start-up Tokken.

Tierion allows you to create a record (calendar) in the blockbuster Bitcoin and the Etherium. The calendar is independent. And for the user to be able to access to check any entry, it's enough to use Chainpoint.

Features and capabilities:
-Cooperation with Microsoft and Philips provides a guarantee of the legitimacy of the company.
"At the moment, Tierion services are in demand among thousands of companies, and this shows the value of the services provided.
"It has been working for 2 years and provides a real product, which reduces the riskiness of its ICO in comparison with those projects that have shorter working hours or the product is under development.
-Contained in Consensus Makathon 2015. This speaks of the competence of developers.
-The direct competitor (Factom) for 1 second is able to conduct only 47 transactions. Tierion does not have a capacity limitation. Consequently, the project was approached thoroughly.
-In addition to data verification, it allows you to extend existing applications and even create something new. This is due to the availability of special tools from Tierion.


Wings
is the current DAO platform, which has already passed several ICO.
Look at how many projects are done on the wings and everything will be clear right away:
https://www.wings.ai/#!/home/discover


BitShares

BitShares is software.
To be precise, BitShares is a distributed, multi-user database with the ability to update, controlled by a certain set of rules and public key cryptography

BitShares is a network
A BitShares network can exist if there are at least two computers connected to the Internet. This distributed network of computers guarantees reliable protection of the database from failures. Each individual computer on the network contains a complete copy of the database of the entire network, so no one can change the public record

BitShares is the registry
The register is a database containing information about accounts and transfers between them. Every bank, company and organization dealing with finances has its own registry, which keeps track of who owns what. The BitShares registry is very reliable, because it operates under two levels of care: a highly distributed network that is completely transparent and protected by the latest cryptography.

BitShares is the Company
In the case of BitShares, the database monitors ownership of shares known as BTS. Each share can vote for delegates, the top 25 delegates after the vote takes responsibility for the operation of the software, maintaining the functionality of the network and a number of other tasks, for which it receives wages from shareholders. BitShares is a company that deals with the processing of transactions for a commission, the income from this business is distributed among the shareholders through the repurchase of shares.

BitShares is a stock exchange
The New York Stock Exchange is a company that maintains a register containing information about shareholders and debt obligations of companies. She earns money on commissions for transactions and issues her own shares. Like the New York Stock Exchange, BitShares allows people to monitor their shares or debts and trade them within a distributed registry.

BitShares is a bank
Banks are companies that maintain a register to track a debt with a security in the form of another asset, such as housing. This debt is calculated by the money spread all over the world, such as dollars, euros, yuan, etc. Banks receive revenue from interest accrual to borrowers and attract capital with interest payments to depositors. BitShares creates a dollar debt secured by a pledge in BTS. This dollar debt is BitAsset, namely BitUSD. BitShares supports any number of BitAssets, including BitGold, BitSilver, BitOil, etc. And whereas ordinary banking practice is an unsustainable business with partial redundancy, BitShares uses at least 175%, and often more than 300% of the reserve. While ordinary banks use illiquid assets to secure (pledge) debt obligations paid on demand, BitShares uses highly liquid BTS as collateral. While ordinary banks rely on taxpayers, the depositors of BitShares can directly claim a security.

BitShares is the currency
Anything can be used as money under certain circumstances. Gold, silver, giant stones, paper, debts, cigarettes - all this was used as money. Rich and influential often used as bearer shares (paper certificates of shares). In the case of BitShares, a huge amount of assets can be used as money, including BTS, BitUSD, BitGold and BitSilver. All these assets have the properties of homogeneity, divisibility, transportability and the inability to forge them.

Who the hell voting for a Byteball?? Are you serious??
This is just a scam coin, that pumped every time before airdrop and dumped immediately after it.
Show me the person or real business who accept a Byteball every day? I can't believe this shit.

Waves are real, you can find a lot of tokens based on Waves blockchain. I voted for it.

I agree with some of your points for sure. People just want money (fiat or more btc) however I do think finding REAL undervalue projects that have a REAL usecase and have proven devs with a proven skillset are the best way to make BIG money. Sure jumping from one scheme to another can make a good chunk of cash. However finding REAL projects early and holding will make you a fortune and reward those real dev teams and real communities that are not just for pump and dumps.

Again with byteball i nearly did not add it because I do NOT like the distributional model at all. I can not say it was a scam because it was not really a scam but to me rewarding those that have the most BTC with the most of an ALT coin with NO risk to their BTC is still very unfair but is not a scam to me.

However if he does not run of dump the remaining coins and there is a detailed ledger for how the remaining BB are used to build value into the coin...just the new real tech he has developed deserves a mention at this reasonably low cap.

I hope people will keep adding more real projects here so we can eventually filter peoples focus to worth while projects and stop them getting scammed by pump and dump dreams and talk white papers.

Thanks for this great answer. I will add game credits now to the proven REAL projects.

I agree with you to a certain extent at most people might not know what altcoins are about. Cuz there is way too many, and most of them are just concepts so nothing substensial to show whats up with the content of their ideas...

Thats why post like this one are really cool to push forward as they are trying to show which project already have more than a concept, but an already early usable version of their products available right now on the market with a potential of truly changing their environements 

it is simply because people are not interested in altcoins because they are good or bad. most don't even care if the altcoin exists in real life, it may very well have no working blockchain as far as they are concerned and they will still invest in it and call it "awesome".
example? BTU= bitcoin unlimited, doesn't exist. volume=$10k daily on average. it does not even exist!

i am no different from others though. i am only interested in money and i have given up on altcoins being good or being "next big thing" a long time ago. but since you asked i choose Byteball.
the development team is decent enough. they haven't given up on the project to go away. they even try for some real adoption with merchants.
the technology (DAG) is pretty interesting and Byteball uses it properly. it even has anonymous transactions.
i don't like the distribution model but it was fair.

STEEMIT is the next big thing to happen in the altcoins community. A social media base blockchain where authors and commentators get cash for using the site.

Ola guys,

Lets keep writting that list of awsome blockchain projects which have proven their desire of revolutionizing theirs respectives industry and have keep their words until now :

Gamecredits :

1) Gamestore is functional and can be downloaded on any android devices as for today ! Their Esport plateform is still in developement and will be a game changer for casual/pro player alike

2) Use case and advantages to use their system are various and divisible in two categories...

For Mobile Video Games Developpers:

- High Processing Speed
- Scalable
- Advanced fraud protection
- Blockchain Security
- Bypass comission fees (10% instead of 30% charged by Google/Apple)
- Receive payment faster (up to 60H instead of up to 60Days)
- Higher deposit limits
- Cross promotion payments
- No charges back or fraud.

For Gamers :

- Easy and seemless integration of payment in game
- Higher deposit limits
- More deposit options
- Purchase power
- Increasing value the more users jumps in
- Transferability
- Safe place to keep cash
- Send money anonymously
- Esport plateform (Participate in e-sport competitions from your home even if you’re not an elite player. Quick matchups and fast payouts.)

3) Currently N°63 on CmC with a market cap of 123 M --》 Mobile Gaming Mcap this year is 46.1B with forecast pushing to 64.9 B in 2020 !

4) Most successful Ico at its Time, Member of Hyperledger (IbM, Samsung, Huawei, Cisco ect..), Partners with Unity (3B gamers worldwide --> Temple run, pokemon go, Heartstone warcraft), building a community worldwide call G-Nation, and being the sponsor and sponsored by Esport events and community such as Detonation.

5) Long term hold as they are developping a plateform which will allow the Mobile Gaming industry to grow and keep evolving into the next generation of blockchain/cross payments + allow a all new way of getting some extra cash while playin you favourite video game !

They have a great community of passionate, they have been around for a while always delivering what they promised, their product is top notch and if they keep delivering as promise, they could easily reach a share of 1B market cap which will be still a tiny fraction of the total Mcap of the all industry for this year : )

×100 or 10 000% gains to come for that project is what i believe this project can reach !

In my own personal opinion, i can see it reach over half off total Mcap forecast for 2020 so roughly 30 B, as it is truly a way more specific and exiting plateform for Game developper and Gamers alike !! More democatric, transparent, easy to use/personal privacy upgrade, rewarding over time and competitive as Gaming spirit always have been and always will be !

+Most gamers are more inclined to try out new tech like blockchain project as they are more aware of the tools and commands required to make it work Most people in the world still dont understand concepts like banks and Super computers programming, but they do understand markets and Gaming !!

Anywhere in the world i have been, i see everyone playin out random games on their phones and many places like internet gaming center where people team up/compete with each other or against other player around the globe. We all have a commun understanding of how to use a plateform like the google store/app store, to download, purchase and play it all

I voted for Byteball for different reasons but I am pretty sure that this technology and distribution method is highly undervalued. Airdrop is not just free money. It has value inside. In the future. When everyone will have unconditional income all of us will think different about it.

When you spell it out like that holy effing shit my bags now look like trash to me but maybe this is good you enlightened me . However I will try and add to that list because in my eyes two projects fulfill those requirements (one may be lacking on one but I will get to that). Those projects I speak of are TenX (PAY) and Bitcore (BTX) let's go through the points shall we.

TenX

1. The product is fully functional with users currently in EU. They are working on getting cards worldwide I ordered mine a month ago and expect it Q1 2018.
2. Use case is that you can spend cryptos anywhere anytime but they are working to make that offline (COMIT) and for you to be able to spend fiat as well (banking license incoming next year)
3. Not top 10 they are currently 37th
4. Not a scam because they raised 83m in the ICO and could have ran away after the fact. Also they won extensive amount of awards prior to running the ICO and came into the ICO with a working product!
5. Their commitment is completely long term nothing they are trying to do is for a quick pump n dump. Julian even states this clearly with all the weekly Q n As they do.

Another thing is that their communication and transparency is 100% on point and as an investor I like knowing what exactly is happening with my money. Also they are not afraid to admit shortcomings which to me signals maturity and proper class. Here what the Dash team had to say about them yourself here: https://www.youtube.com/watch?v=7LYfQ9azY_k . All in all I feel like it is a good investment but DYOR obviously before getting in.

Bitcore

1. The product is far superior to any chain of Bitcoin at the moment. Has big block sizes, segwit activated and bloom and can transact 48-49m tx a day iirc. Top notch in regards to speed
2. Use case I admit other than speculation there isn't much here at the moment although that doesn't mean it isn't a good opportunity because the specs are quite unreal.
3. Not top 10 they are 138th ATM but once they fix circulating supply on CMC to 10 million it will vault all the way to top 30th and this exposure should give it a leg up I feel like.
4. Not a scam as these are the same devs who are running BitSend they could have cashed out tons of times already.
5. Commitment here is also long term but they do listen to the community and have amended their airdrop rules a few times now to help the coin and community grow. It has worked well thusly!

All in all Bitcore might be a big lacking on #2 and kind of #1 but I think enough is there to make this coin go up much further than where it is now. I take it you are looking for quality coins only and out of all my bags these are basically the best two at the moment and I feel like in 2018 they will do pretty good things. The choice is yours young padawan!

Fair enough let's add waves then I think you're right about that one.

I am not saying there are only 6 I am saying that there are only six listed and after over 100 views nobody suggested even one real project.

I am adding it now.

We will see what people think about it hopefully due to the voting mechanism.

I would like to know though why someone would use waves exchange over an atomic exchange where the coins stay on your own machine?

Perhaps I am not understanding waves deeply since I have not had the chance to study every project on this board.

But sure waves is a candidate i think too now you mention it.

I think waves and raiden network could be the next BIG thing (expecially raiden network).... Waves Team is strong and is working hard....hope to see them rise in december- january.