Tons of dead projects
Now when ICO madness is over, we need to do the aftermath and it is very sad. Only 10% of projects had been successfully launched, major part of others is trying to create something, but unsuccessfully. Approximately 70% of ongoing ICOs are scams. There is nothing could be done with the fraud, but we most of projects could survive, if they would have a good community. In future, when Masternet will be finally launched, they would be able to become great.
That is why new projects and projects, which are in crisis, now have to pay a lot of attention to the Masternet, because it seems to be the most promising project that is able to increase demand for certain blockchain product by creating the strong community around it.
We are sure that Masternet will work, because we have already seen a lot of gaming communities and fandoms. You may say that they should not be compared with cryptocurrency world, but there is much more similarities than you could imagine. How do you think, what is common in all the projects that made it to become successful? They paid a lot attention about building community around their products.
For instance, when there were a start of blockchain network for car owners, team targeted on car owners to become investors and early adopters. Usual investors was not their audience and it was a smart call. Most of projects are funded by investors with only one purpose: future profit from selling tokens on external market, so they do not intend to use these tokens within network. Such approach damages the value of tokens, so this approach could not be called efficient at all.
First task of Masternet is building the strong community around Akasic ecosystem and I am sure that this task will be completed successfully, because every strong project needs a community. In the same time, community need to have benefits to remain loyal. Fortunately, Akasic creates a wide list of products, so every crypto market participant, even future one, will be able to find something that meets his needs. Newbie traders will get endless source of knowledge. People, who are looking for passive income could try copy trading. Gamers will be glad to help blockchain games to be developed and earn some money on it.
However, Akasic is the only one example. Masternet will be demanded by every new projects, which managed to attract a lot of money, but risks to loose them all because of absence of strong community. Thus, Masternet community members will be able to earn by helping to create and develop new communities. It is what every crypto enthusiast is dreaming about! In addition, such approach will help to develop the blockchain technology itself and to make its adoption much wider. Masternet community members earn proportional part of the profits of the company they promoting. It is the tool, which would help you to stay motivated and work just like your profit depends on it!
🌍 Official website: https://masternet.io/
📑 Whitepaper: https://drive.google.com/file/d/1YM4ytVLkdApbTufSVOqUe1O9GK9rwDYl/view
🔗 Telegram: https://t.me/MasternetMASH
✒️ Author Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1358864