My question is this, once these coins have to start going through a more stringent vetting process to be accepted to market's how many coins do you think will last, and do you think this is something that will gain adoption in the near future?
The more stringent vetting process will make it such that only legitimate ICOs get funding and are viewed as real projects which will happen, but at the same time you will have numerous amounts of joke projects or launching coins just for the sake of it. Those coins and projects will be known as the "joke" ones and they won't get any funding or be taken seriously. I am okay with both things happening in the market, as long as there is a distinction between the two. The main thing we need from all this is protecting investors, and ridding the industry of scams it is that simple.
I don't think more than 10% of coins will survive past few years. If you look at ICOs from last year than 47% of them failed, which is a high percentage. With that rate only the coins that are continuously innovating are going to survive.
10% is still too high of a number for me, I was thinking in between 2-5% of the projects currently. That means my range of projects I think that should exist beyond this year is 30-75, however there will be tons of smaller market coins which means the # of coins will be infinite. The number of projects that are worthwhile will be under 100, but the # of actual coins out there in existence? I believe that number will be ever growing and one day will surpass hundreds of thousands if not a million coins. They won't be for the global economy, but rather there will be coins based off local book groups, and board game clubs, and whatever else. The limits are endless, but the progression will be an interesting one for sure.