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With each passing day, the technical debt of many projects is increasing. Very few, if any, have a working product or service. But that's not even the worst part. When/if they DO come out with a 'working' product or service, you will witness the greatest problem to be slammed down on all of crypto: no one gives a fuck about usecases or the functionality of projects like WAVES/LISK/ICONOMI/DASH/GOLEM/AUGUR/WHATEVER, people only want fuckyoumoney returns on their 'investment'. This realisation, that the market consists predominantly of investors and not people actually wanting to use the blockchain tech, will send everything tumbling down save for the FEW and RARE serious projects.

Out of interest, which projects do you think are the serious/useful ones?

I see you're into Factom.

I think your perspective is interesting, so if you were to convince an Iconomi holder to sell, what would you recommend they hold instead?

So the focus is on identifying projects that offer a real solution to existing problems.

1. Anything that taps into existing multi-billion/trillion markets, like Factom. Gotta make sure to do your due diligence. Serious team? Serious technology behind it? Any progress? Factom targets various industries, including the mortgage industry (2 trillion market cap in US alone), already in contract negotiations with major institutions. Backed by Tim Draper, etc.

Be very careful about projects that try to create new demand. Take the more recent Primalbase for example. Very shocking idea.

2. Privacy. Crypto is creating new millionaires each day. They're gonna want to hide their shit somewhere. Bitcoin is not anonymous, look at all the rising chain-analysis stuff. Monero is good, but a very long-term hodl. Dash & Cloak are shit.

These two points are key. Anything else is pure hype and speculation. Ethereum has turned into nothing more than a token creation platform for ICO scams. That's not to say you shouldn't make use of it. Dump some fresh FIAT into ICO scams each month (no more than a couple hundred bucks each) and you'll do well enough until everything goes to shit. Pick the ones that have super cool ''advisors'' and guys with beards on their team.

And why you don't see Iconomi fits into the same definition as factom?
Fund managing is quite big

Iconomi is not as potentially decoupled from crypto as Factom. Factom value is based on protocol use by actual clients (sky is the limit if they capture even a small share in say the mortgage market), Iconomi derives its value from how well crypto is doing and with the growing risk of a bubble collapse, that's not something you want all your money in.

Factom is a blockchain-based solution. If btc or ether go south, it will affect the entire crypto sphere, factom included.
No way bitcoin and/or ethereum will report some major problem and people outside of crypto will keep using factom for their non-crypto use case. The crypto space is not that mature. It may happen in 5 or more years from now

What about $QRL? Anybody think that is gonna be a hedge for the August 1st issue - whatever this issue is that I'm apparently ignorant to (can somebody link something about this? Not the platform release that is)