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Those who are think of buying tokens like CATA at this moment may take the risk involved in there mind. There is high chance that the project may not be as successful because of too many decentralized storage projects already in the market.
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Challenges in NFT StorageThe dilemma between Usability and CostOn-chain storage is flexible in business logic, but with limitations of available space Decentralized storage scheme(e.g. IPFS) can hold massive data, but with weak interactivity SourceI just came across these limitations of NFT storage and that's genuine case. IPFS only implementation till date is File coin and there are so many complain about that project. Lets just wait and see how CATA come up with solution. So CATA will solve issue to limited space as well as scalability. Its not very simple now since to extract data from storage these days need some good design on your Databases end. Storage is not the issue these days but extracting that data in quick duration is the key factor.
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The real issue is that NFTs are using blockchain for building the marketplace while metadata relies on central storage solutions and linkage of both these things are creating poor user experience of NFTs. There is a need to design a protocol that solves this problem of bad user experience.
I dont think there is any such problem. NFTs are doing very much good and we are not having any user experience problem. Still we can wait and see for the MVP and get our conclusion from that.
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Its a much awaited solution and I am afraid why nobody has touched that issue till date. There are many people in the queue waiting to see CATA in action and I am very sure this coin has bright future. The team is confident about the project thats y they are not in hurry to launch the sale of token.
Better to do pre-sale when you have some development work completed. Majority of projects want to raise money prior of doing any actual development on the project, its now a norm here in crypto world. If CATA is moving with this mentality then they are going in right direction and they will definalty get there moon shot. It may be double edge sword, market is getting bearish and investors are moving out. If you delay your pre sale further then you may not get good result in days to come. Its very secret project as we only have info about its whitepaper nothing else is shared so far.
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It went up to 400% in one single day. Wake me up when this happens next time. Such coins goes up only once and never again. Be aware of them.
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When will you launch your coin PIK on crypto-exchange?
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Those who are worried about bull run of BOOM must understand that every coin has a day, its not necessary that since all coins are in green then BOOM must also be in green. It may be that momentum is building for a bull run that may start any time.
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In crypto, no pain no gain. If you want complete security of your investment then invest in some govt scheme where profit is fixed and risk is zero. If you prefer to join wild fire of crypto then be ready to take risk.
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If you looking for quick return then BOOM is not for you. Its time to buy BOOM and forget until BOOM gives you its own call to sell it. Cant wait for a while then don't jump into this business.
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Sorry but I totally disagree with you mate, that crypto holders never loose depends on what you are holding, you can buy the dip of a good project or even buy at the top and still make good profit if you are patient enough, but if you unknowingly buy a shitcoin, and along the line, you discover the coin you invested in is a shitcoin, buy this time, there isn't anyone to sell to anymore cus no one is interested to buy, you end up with your that coin in your wallet forever with absolutely no value and no way to sell it even if it's for a peanut, this means you've lost your money, I've bought countless ICOs that ended up scam and I ended up loosing my money.
Well how can we decide a project is good or bad? there are many projects with good use case and other stuff fail to make any impact. While once a shitcoin in 2010 is ruling the market. Every coin is a shit coin before it see its first bull run. You have to make your decision on time to catch the train.
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Seeing the debate going on about BOOM and other deflationary coins one thing is evident that people are taking interest in this sector and sooner or later we will see price hike in BOOM.
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MASS first massive bull run is over and its very very impressive compared to other new alt coins launched in 2020. MASS has successfully touched 1.6$ value and now gradually falling. It may settle somewhere around 0.1$ to 0.2$.
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MASS just exploded and those who were able to catch it before explosion are enjoying the new year. Just see price of MASS in last ten days, it has gone up from 0.1$ to 2$ and now at 0.8$. Can someone tell me how much is this gain?
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I am keen on this venture since it is a burrowing project that causes me to feel extremely intrigued and is recorded at two well known trades. Blockchain is there to over come weaknesses of its archetypes blockchain. The total highlights are unrealistic to compose here however it insubordinately has better agreement calculation.
Blockchain is here to stay and businesses are embracing this new revolution. Apart from providing transfer of fund facility, blockchain can provide solution to almost every business. MASS is a good edition to blockchain as its solving many deficiencies in previous blockchains.
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Whenever we have a new project everyone fell crazy about new token and start buying it without doing any research on that project. This project need to be researched well before we start investing in it.
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One need to be careful while he invest in any new coin. BOOM is doing good on exchanges and listed on many exchanges. So it passes one filter of being a coin for HODLing. After this bullish season is over we may see people coming and investing in this coin.
Having listed on several exchange or does have pairs doesnt signify that theyre already considered good. Take a look on where this BOOM listed out and the volume of exchanges where its been listed. MXC.COM 24 hours volume - $6,290 BitMart 24 hours volume- $2,392 CITEX $0.234757 Do these figures are quite appealing? This coin in no doubt will die soon.I have checked out on what this coin is all about. I do observe that it do really decreases out when people do make out transactions.Basing of on entire supply then it might take a while for it to be scarce but with this kind of concept then you would really be expecting for people to hold. If you look at statistics of BOOM at CMC https://coinmarketcap.com/currencies/boom/ , in last 24 hours BOOM volume was $10,936.95 USD while on previous day it was around 6k USD. These stats are not bad for a coin thats in its early stages of launch. Give boom some time before we make some final conclusion about this coin.
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BOOM is a social experiment which aims to explore the market influence of an extremely deflationary cryptocurrency. There are many questions being asked by crypto community about these coins and BOOM team has a very short time to answer these questions.
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The concept is very interesting. Its in early stages and we need to see what its team is doing for the enhancement of token. Boom is doing good on exchanges and I am interested in learning what there team is doing. Can admin post something about that.
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we need to change caption of this post. MASS is profitable for those who started mining this in its early days. You can mine this coin on your laptop now and get profit straight away. You need massive storage now.
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