https://news.bitcoin.com/over-60-of-top-100-cryptocurrencies-have-no-working-product-study-claims/
Over 60% of Top 100 Cryptocurrencies Have No Working Product, Study Claims Of the top 100 cryptocurrencies listed by market capitalization, only 36 are actually what the authors term as “working products” in a study recently published online. Newer ecosystem websit
e, Invest in Blockchain, commissioned the study.
Considering the fact that there are almost no regulations in the ICO and crypto space, startups have been able to raise billions dollars’ worth of public money in recent months and years and a majority of them failing them substantially — leading to an early exit, no real products, or struggling business models. After a year of blind public investing into ICO craze, it has become really hard for the public to invest in crypto space as the majority of the masses lacks when it comes to due diligence and distinction between “hot” and “worthy”.
That is why, we think, the community needs a platform that can help them distinct between ‘hot’ and ‘worthy’ and enable them to invest in projects having proper business models and clear roadmaps.
At Oryx, we envision a platform that would revolutionize the process of investing in startups by not only serving as a startup incubator but also managing wealth for the community. Led by a team of richly experienced professionals from various segments of fintech industry, our aim is to fund “potential and worthy” startups with credible “objectives and goals” and ensure that our future generation doesn’t rely on corporates to define their futures, but become visionaries and entrepreneurs: who gets opportunity to try if a vehicle is available to fund their ideas.
Oryx is a product of over 20 months of continuous hard work of its founders, team members, and advisory board. In light of the innovation and open market niche involved in launching this platform, Oryx benefits from first-mover advantage, and as its apps and business models have already been tested and available for community roll out, so, this is not your traditional crowd sale starting from scratch — it is not a startup that only can provide speculative value for its tokens, as you can see for yourself.
Give yourself a chance of taking advantage of this fast-moving financial technology. Invest in OryxCash upcoming ICO, starting August 20th, and let us together shape a better fintech for tomorrow. Visit our website
www.orxyian.com now!!
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