I see investment as a stable low risk term. I love block chain technology and think that if implimented properly could produce a great efficiency gains and cost reduction. Even with my bias to the technology and my liking of private transactions, all altcoins are illiquid and unstable. They would be better speculation tools, but their lack of liquidity means that when the bubble bursts you could be very rich or very poor.
I like to think that investment as separate from speculation so no I don't currently see any altcoin as an investment opportunity.
Something I admire about recent ICO models is that they are more of a survival of the fittest, since we've dropped from ATH, investors and early backers are backed to a wall, and would only result to DD; thereby investing in only projects that matter. But amidst this structure, HiNounou has refused incentive based token sale event and refuses early adoption bonuses. It's really a good thing to help democratize the token sale, and no single investor will be able to hoard so much tokens only to dump upon listing. More projects should consider removing bonuses if they must sustain their projects long-term.
Remember, this whole thing about crypto is largely decentralized, thus, there is no single authoritative body in control of the crypto market. Although there are few centralized platforms among crypto, the market is largely influenced by the efforts and influence of the users of crypto. How well sellers and buyers treat the coins on the market affect the performance of the market.
Which is why most coins that are being introduced into the market are more Millennial friendly. Statistics show that they are the major influencers in the crypto world and so have a certain amount of influence on a coin's performance in the market. Decentralisation eliminates the middlemen, yes; but puts control in the hands of millennials, therefore, new projects for example Tapcoin which is a hospitality/leisure based project and offers discounts to its users on expenses made on drinks and hotel booking through their credit card. More so, Traveler, Dataeum, etc are other Millennial-related projects are more likely to succeed.
More than 90% of ICOs (still a wide margin) lack pure utility aside from trading values. Among freelancers, people may trade one crypto for another, but in a brick and mortar business scenario, crypto has little to no impact. For example if I walk into a store I could get the credit card and a few other payment options. Still, with the over abundance of crypto technologies and their native tokens, only a handful of stores have barcodes for bitcoin and a few other payment coin types.
I think we need more radical real world businesses tokenizing their products and using this 'tokenization' as a means to garner support for mainstream crypto adoption. Like rewarding people loyalties for using their products.
Does anyone else here share the same concerns, or do you know a coin that is owned by real businesses for such purposes?
The advent of the blockchain industry has paved the way for an effective global digital economy which surpasses geographical boundaries, however, the erratic nature of the crypto market has caused more panic than necessary resulting in a stunted growth in mainstream adoption. I think it will take more time before we see real businesses adopt cryptocurrencies as a payment option.