Hundreds of altcoins with new ones being created everyday, it's becoming increasingly confusing for average guys like myself to invest in . Surely most of these coins, maybe 99% of these coins will be dead in a few years. Only a few could be truly unicorns from this deluge of shitcoins, how can we as investors take an educated bet on a coin. What real benefit do any of these coins bring to the world? Why do we need a coin like matchpool, a token for decentralized dating
Why do we need so many privacy coins monero, zcash , zcoin etc? Why do we need country coins like aurora solely for use in one country. Dogecoin and rare Pepes
What I want to know is simply what type of coin serve a real need in this world like bitcoin? Will it be Utility coin like factom, social media coin like synereo, platform coin like ethereum, privacy coins like zcash? Gaming coins like 1st blood or none of them provide enough of a benefit to be a success in the long run due to clones completely saturating the market or blockchain technology itself being overly hyped. What is the ideal use case of blockchain tech and do any of the existing coins provide it?