Great to see an initiative finally seeking to utilize cryptocurrencies as they should be used. Most cryptocurrencies are only used for speculative trading which has questioned its relevance as a medium of exchange. I'm glad to see this plan is solving the problem.
I agree,considering most "projects" are scams
Yes, unfortunately that is so. It is important that we have projects that will in some way prevent it.
That's why we need to study any new project and see if the devs and it's team are reliable. We need to study their whitepaper if the project they are proposing show new innovations. Scams in the blockchain industry is increasing especially when it is now a pot of gold everyone wants to tap into.
I agree and have to add that despite big money movements in bitcoin this dumb rateonium seems to be short of volume and investors interest. This can trigger the war of the new financial era, literally. Who cares about bitcoin when rateonium is around. Currently bitcoin dominance is 40% vs rateonium being at 47% while the rest is the marketcap of the remaining part of the ecosystem.