This article is not about technical analysis. I am not going to discuss about the DeepOnion’s features. Other writers much more proficient than me have already analysed why DeepOnion has the potential to become a real game changer in the privacy cryptocurrency. This text is about trends.
Hypeness and Cryptos
We all know the importance of « Hypeness » in the crypto-currency industry ; having a good project is important ; but having a good project and a great community to support it will always be better. In the end, it’s the community and the investors who will decide if your project worths or not. And it’s the market who will decide how much your project worths. That’s the rule.
Having said that, we can clearly see that investors seem to apreciate a lot that what we call privacy currencies.
Privacy currencies
Just have a look at the market capitalization of Monero, Dash, Verge or Zcash and you will be convinced. All these are considered as privacy currencies. All of these are different between them but with one point (or goal) in common, the privacy.
Privacy currencies are focused on the anonymity. It’s the answer to the major flaw of Bitcoin, the anonymity, or better the absence of it.
In Bitcoin the blockchain ledger is public, that means that all transactions by all addresses are completely exposed and stored forever in the blockchain. So if your address is ever linked to your identity, every transaction you have ever done will be linked to you.
Well, for obvious reasons this is not really convenient and for most of us it is considered as a major issue. We must never forget the importance of privacy. The right to privacy refers to the concept that one's personal information is protected from public scrutiny. We must consider the right to privacy as a vital element of the democracy. Privacy is the right to be left alone. Privacy is freedom.
Having said that, we can easily understand why the crypto community and the investors are so enthousiasts about privacy coins. But still this niche of the market is so undervalued comparing to other projects. This market have not done its break out yet.
DeepOnion
Futhermore, there are still great projects in this privacy currency market that are almost unknown to the public. Projects like DeepOnion who are almost absent from the traditional communication channels like Youtube or Twitter.
A recent poll that I made confirmed this case. Only the** 8%** of the DeepOnion community members who participated in the research found about DeepOnion from a traditional mainstream source like Youtube or Twitter.
Most of the members found out about DeepOnion on Bitcointalk or from a friend (65%).
So for the moment, we are talking about early-adopters. And this is absolutely not negative, it just shows the reality, that DeepOnion is not mainstream yet, most people don’t know about it yet.
But I think that it was planned from the beginning of the project to be like that.
If you have a look on the roadmap here attached, you will see that the first think of the list for the Q2 2018 is Mainstream Media actions and as fas as we know the marketing team will be expanded as well during the Q2.
And this is where DeepOnion will start becoming hype, this is where people will start noticing about this private crypto, this is where the price will start to climb.
I strongly believe that DeepOnion has all the assets to be on the Top 20 cryptos before the end of the year. DeepOnion is on its way to become mainstream.