Post
Topic
Board Announcements (Altcoins)
Re: [ANN][ICO]ContractNet - At the intersection of Blockchain, IOT & SMART CONTRACTS
by
Ace44
on 07/03/2018, 14:10:53 UTC
That is an interesting concept, but don't you think that your market niche is occupied by other competitors?

Well, i think this is the first of its kind in terms of using the decentralized concept, decentralization grants access to many and can't be controlled by a selected few or brand, ContractNet will create that platform that can easily make such technology accessible to many

Yes i think contractnet is one of the first do use the decentalized token platform to try to integrate with IOT, or atleast their haven't been any other successful ones that i've seen in the past. It will be interesting to see how the platform evolves and how quickly they can drum up adoption on a larger scale. Like i said in some earlier posts IOT is huge so even less than 1% adoption would still be a LOT of devices to take advantage of the platform, so it will be interesting to watch in the longterm for sure.

Yea, the diversification of the project is another part that got me, i mean, is like money, everyone needs money to survive, now for the fact that having this app will lead to an easy way of life will sure increase the value, take for example the use of mobile application and email, how easy it has been in terms of communication, so will IoT revolutionize our lives  

All depends over time how the growth and adoption goes, i'm sure they will be able to find their niche but will depend on how post-ico performs, hopefully we see a solid adoption as milestones pass and that means we will see a steady valuation and liquidity for the coin which means higher prices over time

True and agree on finding the right niche, like an opening platform, they need the right spot to shine, because the project is at its infancy with new approaches that may come in, i'm particularly interested in the securing of data, as security is of utmost importance