Intro:
Back in 2017 it looked as if Ethereum was on its rise to becoming a dominant crypto in this sector, then the crash happened...After the big crash the entire crypto market took a hit, but Ethereum seemed to take the biggest hit out of any top 10 coin in the market. Ethereum was eventually "gapped" by XRP. Recently Ethereum has been fighting back to reach 2nd place in the cryptoverse, but here's why I think this will prove to be ineffective.
Ethereum:
The biggest problem with Ethereum is ICO's. ICO's are becoming a thing of the past and STO's are starting to takeover. This could save Ethereum from plummeting further, but the issues is with the fact STO's won't be as big of a craze as ICO's were. STO's require REAL results, while ICO's were just ideas and white papers. STO's require REAL investors with a BIG net worth, while (most) ICO's allowed anyone to invest. The main issue is that not many people will be able to buy into these STO's. There also won't be as many of them as ICO's. I think STO's could actually be successful and potentially great for this community, but their impact on the ETH price won't be near as great as ICO's were.
Where We Are Today:
There are still tons of quality projects out there that have the potential for big rises. Bitcoin is the leader in this market and one can assume will always have some type of value regardless of fundamental uses. Nauticus has been generating a lot of buzz recently with their launch and there's potential for their NTS token to do well within this community. Certain STO's are making great strides in the market and appear to be legitimate projects that should further legitimize this community. WEAK PLAYERS are bailing on crypto & this is GREAT. We want all of the scammers OUT of this community, so that quality projects can soak up the money that is left behind.
Projects mentioned:
Bitcoin - (self explanatory)
Nauticus - https://nauticus.exchange/
Ethereum - (self explanatory)
STO's - https://www.listico.io/sto/list
Disclosure:
Do your own research...be smart with your money
Back in 2017 it looked as if Ethereum was on its rise to becoming a dominant crypto in this sector, then the crash happened...After the big crash the entire crypto market took a hit, but Ethereum seemed to take the biggest hit out of any top 10 coin in the market. Ethereum was eventually "gapped" by XRP. Recently Ethereum has been fighting back to reach 2nd place in the cryptoverse, but here's why I think this will prove to be ineffective.
Ethereum:
The biggest problem with Ethereum is ICO's. ICO's are becoming a thing of the past and STO's are starting to takeover. This could save Ethereum from plummeting further, but the issues is with the fact STO's won't be as big of a craze as ICO's were. STO's require REAL results, while ICO's were just ideas and white papers. STO's require REAL investors with a BIG net worth, while (most) ICO's allowed anyone to invest. The main issue is that not many people will be able to buy into these STO's. There also won't be as many of them as ICO's. I think STO's could actually be successful and potentially great for this community, but their impact on the ETH price won't be near as great as ICO's were.
Where We Are Today:
There are still tons of quality projects out there that have the potential for big rises. Bitcoin is the leader in this market and one can assume will always have some type of value regardless of fundamental uses. Nauticus has been generating a lot of buzz recently with their launch and there's potential for their NTS token to do well within this community. Certain STO's are making great strides in the market and appear to be legitimate projects that should further legitimize this community. WEAK PLAYERS are bailing on crypto & this is GREAT. We want all of the scammers OUT of this community, so that quality projects can soak up the money that is left behind.
Projects mentioned:
Bitcoin - (self explanatory)
Nauticus - https://nauticus.exchange/
Ethereum - (self explanatory)
STO's - https://www.listico.io/sto/list
Disclosure:
Do your own research...be smart with your money