Post
Topic
Board Altcoin Discussion
Re: What makes a altcoin valuable
by
poodle63
on 26/07/2018, 06:15:47 UTC
I'm developing an altcoin that is based on social sharing. What foundational technologies are going to make it the most valuable? What makes an altcoin valuable? I'm wondering if it is just how much people hear about it? Thoughts?

Social sharing has proved to be undervalued - all projects I've seen that dealt with this idea are not as popular as we wished them to be.
Currently the most prospective direction is enhancing the resources of blockchain (increasing the speed of transactions, reducing the fees, arranging the metadata), so draw your own conclusions.

Simple social sharing coins do not reflect better value, which will not get investors' attention. The value of coins often represents the strength of the development of projects behind them.

Enhancing resources of blockchain, honestly is not that effective if you want to grab as much people as you can to use your coin, instead, it's "what is the function of this coin" thing that makes it certain about the value.
for example, storj coin which used to pay the fee for storing files and so on.