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1  Alternate cryptocurrencies / Altcoin Discussion / Re: ICOs are a legit or Scam? on: September 24, 2018, 01:53:35 PM
50/50. Some are are, some are not. Really what you need to look for is real-word use case. Is this ICO solving a problem that actually exists? Yes or no? If the answer is no or not really then you know that the ICO is probably a money grab and won't survive post ICO.

Let me give you an example of an ICO that has a real-world use case and will thrive: LINKCHAIN.

Why LINKCHAIN? Because they are solving a real problem that exists for freelance workers and for business that hire freelancers. At the moment they are both limited to platforms like Fiverr, Upwork and Freelancer. These all change 20% fees - this really eats into the profits of freelancers, forcing them to increase their price and charge customers more. And because of this high 20% fee, these platforms restrict communication between both parties for fear of them taking their business off the platform.

The alternative is using LinkedIn. Why? Millions of active daily professionals including freelance workers and people looking for their services. The problem with LinkedIn through is this: You are restricted to 1st and 2nd connections and even then a search for instance for a graphic designer would likely bring up thousands of results, most of which would not be suitable. The other big problem with using LinkedIn is the lack of safety and security for both parties. Both have to trust that the other party will pay for the work/ or deliver the work that was paid for. This results in a lot of unpaid for work and work not being delivered. Hence people go back platforms like Fiverr, Freelancer and Upwork and are forced to pay the 20% fees.

Solution: LINKCHAIN is the solution for this problem. Through the LINKCHAIN decentralised app, users will sign in with their LinkedIn user details, and then be auto-matched with suitable people, saving potentially hours of time. And because it's run on the blockchain, smart contracts mean that buyers will not pay for their work until certain conditions have been met and the work has been received. This takes away the need for each party to trust each other. Each user though will also have a rating based on previous transactions that all will be able to see. And instead of 20% fees, freelancers will pay a max of 5% in fees, saving both parties significantly.

The result is a platform that is much cheaper to use, gives freelancers and buyers access to potentially millions of daily users, automatch means they save time needing search through thousands of potential people, and their safety and security is guaranteed through smart contracts on the blockchain.

Based on the above, I can't really see LINKCHAIN not taking quite a large market share away from it's competitors and therefore I believe that as a company they will be financially very successful - very good for token holders.

Sorry for the long post but when I'm passionate about a project I can't help myself ; )



+1 for team LINKCHAIN. SkrillaKing did a YouTube review on them last week: https://www.youtube.com/watch?v=sUfgrqqBugI&t=6s
2  Alternate cryptocurrencies / Altcoin Discussion / Re: Favorite Coin for 2018? on: September 24, 2018, 01:43:19 PM
Does this include those still in ICO? LINKCHAINX is to me the most innovative new project of the moment. We all know that most ICOs now do nothing different and mainly follow the heard of tried and tested projects - i mean how many of those marketing and influencer marketing ICOs came out this year? Can't even count on my fingers.

LINKCHAIN is taking a very real problem that tons of freelancer workers face and solving it through blockchain tech. Isn't this what all blockchain projects should be doing? Solving real problems? That's why I like Linkchain.

Quick overview: The problem they are solving is the way that freelancers do business with people/businesses wanting to contract their work (e.g. graphic designer). If you freelance you would know the problems: If you use the big platforms like Upwork, Fiverr and Freelancer, you are charged 20% of total cost. That's a lot, and really eats into profits big time. The other big problem is the way that these platforms limit communication between seller and buyer in fear that you will take the business off the site.

What's the alternative? You can try LinkedIn right to avoid the huge fees? Millions of active professional people - both workers/freelancers and businesses looking for someone to higher. THE PROBLEM IS THIS: There is no effective way at present to efficiently connect person A (let's say the freelance graphic designer) with person B (let's say the business owner in Houston wanting to make flyers). They can both search by "graphic designer" or "graphic design job", but they will be limited to 1st and 2nd connections and also potentially be faced with thousands if not millions of results, most of which will not be suitable.

The other BIG problem with using LinkedIn is a lack of safety and security; it forces both parties to trust the other entirely. The result is often non-payment, non-delivery of promised work, leading to a waste of both time and money.

LINKCHAIN will step in here to fill this gap (a multi-billion dollar gap in the market). Users (both buyers and sellers) will log into the LINKCHAIN app using their LinkedIn sign-in details and then be auto-matched with suitable people saving potentially hours of time. And because it's runs on the blockchain, smart contracts will ensure that payments are not released until certain conditions are met/ or until work is delivered. Importantly, all users will also be vetted and assigned a rating that other members will be able to see and judge whether they want to do business. The icing on the cake here is the 5% MAX fees that users will face.

Taking all of the above into account, I can't really see how LINKCHAIN will not take a large market share from it's competitors - Fiverr, Upwork and Freelancer.

LINKCHAIN's Pre-sale starts on October 11th, and their Main-sale ICO begins on 11th November.

One last thing: they are also holding a competition this week giving away 2 ETH. I'm not sure about the details yet, but keep an eye on their Telegram: https://t.me/linkchain

Over and out!




+1. LINKCHAIN is the sh*t. YUUGE gap in the market.

They got reviewed by SkrillaKing on his Youtube channel recently too: https://www.youtube.com/watch?v=sUfgrqqBugI&t=6s

3  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ANN-Linkchain, Remove risk,add simplicity to buying contracting services online on: September 24, 2018, 01:18:37 PM
Check out this, LINKCHAIN were reviewed by SkillaKing:

https://www.youtube.com/watch?v=sUfgrqqBugI&t=6s
4  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ANN-Linkchain, Remove risk,add simplicity to buying contracting services online on: September 11, 2018, 11:19:17 AM
Devs are always active and show progress that look real hope. I don not care about the price for now, just hodl in long term. Hope to see success in this plan, yup

They've got a super active Telegram group - devs and even the CEO Conston is pretty active there. Really good to see because in so many ICOs the CEO and other management are completely removed from investors which doesn't ever inspire confidence.
5  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ANN-Linkchain, Remove risk,add simplicity to buying contracting services online on: September 11, 2018, 11:11:41 AM
do you think the ETH SEC News will impact Icos?


Do you mean the ETF SEC news? If so, it's done it's damage already. Even though there's a worse that could happen. Right now we need to worry more about coins already existing and are plummeting than ICOs waiting to join the trend.

I think that new projects will not find a buyer for themselves soon. The reason is simple in the market for a lot of projects, 95% of them just collected money and did not show anything. Investors are not ready to give money more under the idea. They agree only on the finished and working product, at least in the test.

My experience is that yes new ICOs have been having a difficult time. The key is separating the wheat from the chaff - the valuable from the worthless - LinkChain definitely falls into the 'valuable' category in my opinion. They have a very strong CEO and team behind them - one of the most important things I look for before I invest. The reason many ICO projects don't deliver is that lack of a strong team and visionary.
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