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RE: ✴️ WILL MOST CRYPTOCURRENCY PROJECTS DIE WITHIN FIVE YEARS? MY ANSWER IS... 😱 ☠️

in #charlesfuchs6 years ago

Most likely the majority will die off. No bad thing, as the projects that survive will help shape the future economy.

Ones with strong network effect + usecase + developer attention are likely to hang around - Bitcoin for payments, Ethereum for smart contracts/dapps, Monero for privacy , etc.

When valuing a project, its very important to check metrics beyond price. Daily Active Users, Transactions, Holder Distribution, Github Activity, Community Activity can all give a good idea of the maturity and potential of a project.

If a project performs strongly on all of the above , you can bet price will follow.

I built Trivial.co to put these metrics in one place for ERC20 tokens - feel free to check it out, it might appeal to a crypto nerd like yourself!

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I’ll check it out, I’m a nerd myself 😂 🤓