"The other coin I am interested in is I/O Coin (IOC) bc it is an attempt to make a new Domain Name Server, the backbone of the Internet, out of the blockchain."

This sounds interesting. Do you know what the purpose of the coin would be? I mean, wouldn't it be possible to build it on the blockchain technology without the need for a coin?

I'm asking these questions because the first question I ask myself when looking to invest is: "Is the coin really necessary for such a project?"

And most times, I think the answer is no. A lot of projects seem to have no need for the coin they create, at all.