Post
Topic
Board Announcements (Altcoins)
Re: [ANN][SHIFT] The new web | IPFS ready on testnet+IPFS gateway! Come in and play!
by
cascano
on 25/05/2017, 06:47:31 UTC
Hi all

I have a few questions concerning shift and its competitors :

(I am fairly new to the crypto community so correct me if I'm wrong please)

Shift wants to decentralize the web and will release Phantom as a dApp SDK at the end of Q2. If I understand correctly Lisk is also building a dApp SDK with release date set to Q4. The developpers from Shift and Lisk both worked on the Crypti project together and then split off starting Shift and Lisk when they saw great potential in the project.

The apps will run as a sidechain to the main blokchain. Developpers can use the currency of the main blockchain on the sidechain app, or create a new currency unique to that sidechain. So what is inherently different about Lisk and Shift? Are they both competing against each other to deliver the SDK platform as fast as possible or is their vision really different?

Ethereum has already released a dApp SDK and there are already a few working sites online. What is the difference with Shift and how will Shift differentiate themselves from a competitor that has already grown to a market cap of 18 billion and is backed by big investors?

As of now, Shifts market cap holds 7.4 million usd, Lisk mc holds 141.6 million usd and Ethereum mc holds 18 billion usd. When Shift releases the Phantom stand-alone SDK at the end of Q2 I see Shift amounting to the mc of Lisk easily. That means Shift could be a x20 ROI. To reach a large market cap the crypto currency needs strong tech and a good marketing plan. Has Shift devised a marketing plan after the release of Phantom yet?

Kind regards,
a fellow Shift investor