Iconomi and the blockchain

in iconomi •  8 years ago 

If you've even just gone into the shallow depths of cryptocurrency, you know there are thousands of volatile ones being made every day that aren't going to go anywhere, and countless more that have no chance. Iconomi seems to be in the category of those that may actually become something; the ICO that ends in 22 hours from the time of writing this post shows how much investor support there actually is for this coin, and frankly, it's similar to the Ethereum ICO but on a much larger scale- I can say that I have successfully invested around 1 Bitcoin in that and made much more than just that one in the end. If you're looking for some advice in investing, this is one thing I will tell you- I will provide a hybrid of facts and opinion, but in the end, you are your own judge and your own opinion is the best.

I've searched the entire world trying to find suitable cryptocurrencies, and what I've found is that many of them have no specific purpose or are very vague in what they are attempting to do. For example, Litecoin did indeed have a 'good' purpose back then, but when Bitcoin ultimately expanded too fast for it, investors shifted out of the coin and the price is wildly fluctuating for it. Iconomi, whose goal is to create a Ethereum-based trading platform and are trying to get a coin based on their whole company going, seems like a decent coin to invest in.

Now, I know you're thinking about the DAO and Bitfinex, but all of those things were arguably preventable- it was the fault of not just one person, but many people that led to their downfalls. Let's back up even more- why is the blockchain such a good thing to invest in? it's like Paypal in a sense, but with very, very difficult to execute chargebacks. There's also a very large userbase of coders and programmers who improve it every day; with so many 'basic' security protocols, it's very interesting how the standard for these coins were set- and the bars were set high. This is a large reason why many coins fail- they simply don't get to that standard and die.
Iconomi seems good as of now, and it could only get better as time goes on- they have a very good team of developers and marketers that get the news out, and them creating a decentralized investment platform in addition to the blockchain is something special that we don't often see. It's one of those 'Why didn't I think of that?' moments, just like with Ethereum. In addition, by buying their coin, you're investing almost purely in the people behind it- there's nothing more satisfying about investing in people. We have taxes for a reason- whether you like it or not, you're supporting a future generation of technology and science, and it's the same feeling with Iconomi.
That being said, if you'd like to invest in them, you can join the ICO at https://ico.iconomi.net/ - the signup is easy, deposits are easy. More information is available on https://www.iconomi.net/ - you can even access their whitepaper there.

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