With various new cryptocurrencies spinging up every week the investor community is looking for credible team and business model that increasingly become the crucial consideration factors on the viability of these coins.
A lot these ICOs are backed by developers who do not have any commercial track-record of success. Many of them of no business experience. If the digital currency is about a business application I definitely think past experience of success is very important.
Nitro is backed by a listed game company that has shareholders that include Baidu (USD60 billion market-cap Chinese internet company) , IncubateFund (early stage Japanese VC backed by Tencent) and listed venture builder Fatfish Internet Group. From the perspective of business credential this is rare.
Its time for the ICO community to make sound and mature investment, instead of speculating which could be the next ether coin. I am backing Nitro (http://www.nitro.live) because it has a credible business behind it, not some random strangers with zero track record in business.
Bounty is available from Nitro at https://www.nitro.live/bounty/
How can I mine steem coins?
güzel
I'll check it out
This seems quite interesting. Will do some research on it now.
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STOP@kinwai Nitro (NOX) seems like a very interesting concept. If I understand correctly, holders of NOX (Nitro) tokens can partake in the video game economy? I like it.
So until now (i.e, the invent of Nitro) the top 10 video game companies made over 50% of the industry's total revenue?
With NOX (Nitro) tokens anyone can, among other things, vote on games (which were curated by Nitro teams) which they'd like to see funded. Can also use Nox tokens as "in game currency". Moreover, Nitro shares in the revenue from successfully funded games (and some of this money is later distributed to token holders!).
While all of that is taking place the Nitro (NOX) token may also rise in value!
Exactly US$100 billion a year video-game industry with 53% revenue controlled by top 10 companies, this is outrageous. Time to disrupt the industry structure. It is an oligopoly now. Nitro aims to disrupt this structure and in the process benefits all NOX holders
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STOPAnother Chinese ICO... I do my homework first before boarding in. But it seems promissing.
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@kinwai Nice. I have been reading more about this. It sure great and looks like this might also bring work opportunity to others. Best wishes,