We all want to believe in a future in which we pay our rent with cryptocoins with the help of smart contracts. If you are reading this , it means that you are also taking part in this economic revolution.
As a generation growing up envying entrepreneurs who started young and made millions because they saw the opportunity in the digital world (software or web development) like Bill Gates or Mark Zuckerberg, the idea of a new Facebook, Spotify or the new Uber on web 3.0 sounds cool. That's why we see a growing number of these ICO's trying to be the Facebook or Uber of the new decentralized world.
However, participating in these ICO's is not something we are interested in or what we recommend you to do. Because of two simple words "Internal Structuring".
We are in the Internal Structuring phase of the blockchain era.
This is the phase we are in for the last 3 years and 2018 might turn out to be the last year we spend in this phase. Phase of Internal Structuring is a phase in which blockchain infrastructure organizations are the best investments you can make.
In this phase blockchain is known by the average Joe but it still needs some time for Joe to understand how it works and to persuade him to convert to the web 3.0 version of Tinder.
This is the main reason we don't recommend you to invest in the next Tinder or Amazon on blockchain. Because when a new service on blockchain is live , the only people to use it will be the blockchain investors. Which is not even 5% of the general population.
Instead, invest in what is needed while it's golden age is still present. Invest in blockchain infrastructure. Because then you won't have to wait years until the blockchain technology is well understood to make a profit on your investment.
0x or Aurora are two great examples for this. And for the opposite we can give the Patientory as an example.
If we have to explain it briefly, Patientory aims to function as a database for hospitals while 0x is a framework to create exchanges for cryptocurrencies and Aurora owns a lot of products including a decentralized exchange which is Idex.
If we look at these examples Patientory needs years and years of development on the blockchain industry in order to function while 0x and Idex are ready to start functioning as soon as their platform is ready.
In conclusion blockchain is a great invention that will help building a new world economy, but it has to build itself first.
Follow us to get more articles like this on your feed or join our giveaway worth 5000$
To learn more about PGAI token: www.pgai.group
Any questions ? Send an email: [email protected]
Well put, there are so many good ICO's coming out lately. I look forward to seeing more of your picks. Keep up the good work!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
so when does the ico ends
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit