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NewsBTC 2021-08-21 00:57:36

The Altcoin Evolution – Part III: The Challenges – Use Case & Value

In the last episode of “Altcoin Evolution”, we discussed hurdles that can prevent more casual crypto investors from acquiring some of the more obscure altcoins. Obviously, accessibility to investment is paramount to getting in the hands of consumers, and for projects to continue their own ‘evolution’. Despite continued market-wide shifts to make crypto more easily accessible, the road is still long and tumultuous.   Another “crypto-winter” is never out of the question, and how broader society at large adapts to digital currencies is still yet to be determined. Still, the potential hazards are flanked by the vast amount of potential upside with the developing tech and consistent emerging projects in the space. The Altcoin Evolution: You’ve Got Questions, We’ve Got… More Questions? Beyond last week’s coverage around accessibility, another variable arises in crypto from attaching tangible function to different coins. The questions are practically endless: What is the purpose of the project and token? How does it integrate into our current financial industry (or into other industries such as art and culture, or information systems)? Does the project have its own form of blockchain, or is it operating on one of the larger, more established arenas? Unique value propositions are paramount in any project, and these could include any number of things that can be derived from any of these questions. &#...

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