You are viewing a single comment's thread from:

RE: Project.Hope contest: Your worst investment experience

in Project HOPE5 years ago

Hello everyone,

Here is my entry:

So my worst investment in the CryptoSphere was probably WABI, it was supposed to be a logistics powered blockchain solution that would track whether products truly originated from where they claimed and to prevent counterfeiting.

I was especially excited as it was a company from China and there were looking for solutions to fight the baby powder milk counterfeiting that killed hundreds of baby.

It was supposed to be backed by one of the biggest retail chain in China.

Well, it was a shit coin as the price below shows and got REKT ! :D

image.png

Even if it changed name to TAEL, same old shitcoin xD.

Sincerely,

@vlemon

Sort:  

Seems like a good idea, but too specific for the way crypto is set up now. Maybe if Ethereum can match the functionality of WAX, we will be able to target a low volume ecosystem such as this.

Definitely learned from it. Too specific.

 5 years ago  

Entry 10

 5 years ago  

At the beginning of the ICO boom, there were so many promissing projects but not many fulfilled what was written in their white papers. Thanks a lot for sharing.