In response to several comments:
CarTaxi got a 2.9 out of 10 rating:
https://hacked.com/ico-analysis-cartaxi/ I’m scratching my head trying to figure out why a blockchain is needed to tow cars.
Don’t buy anything that Paris Hilton or Floyd Mayweather tell you to buy…unless they can explain the difference between POW, POS, POI, Raiden, Lightning and Segwit.
Besides,
Centra is way too late to the party. Monaco, TenX and Change-Bank are doing debit cards.
Stox is way too late to the party as well. Gnosis, Augur and PeerGuess are trying to do prediction markets already, although they haven't produced anything or much. Stockbet already has software that lets you bet on stocks & cryptocoins.
The
Swiss has been helping evade tax and security laws. That doesn’t mean that they are a technology hub.
Combicoin wants to diversify for you. But you have to trust them that they won’t run off with your money or that they won’t get hacked.
Minerva gives tokens to platforms that accept Minerva’s OWL token. But they never explain where the money comes from? How will Minerva continue giving their token away forever? Business model makes no sense.
Spectiv is another project that has a lame business model, which is only one sentence:
“Specs are a virtual reality token supporting internal platform functions like tipping, premium content purchases, and ad rewards.”
How are they going to compete against Youtube, which already provides 4k videos? What’s to stop Youtube from providing virtual reality videos? How many viewers are going to go through the hassle of buying Spec tokens just to tip video producers, when they don’t have to do that now on Youtube?
Airtoken is lying or sounds like a pipe dream. In order to pay the users for advertising, Airtoken will need to get advertisers and earn advertising revenue. Then it needs complicated processes to show the ads where the advertisers want, to charge properly and to share the revenue with users. This incurs significant costs and is a huge undertaking, which requires much more than just creating an Ethereum token. They need to show how they will be able to do these numerous processes much more cheaply than the existing companies, in order to be able to share some of the advertising revenue with users. Have they ever done anything similar to this before? Probably not. They have 6 reviews of their AirFox Browser on Google Play, probably by people who saw their ICO.
Airtoken’s website states: “Publishers will have higher monetization, new user reach, and a better user experience.” But its white paper does not explain how. Is this blowing smoke?
There is another major problem with Airtoken: Micro-loans, which is a complicated, costly and money-losing business. Google “micro loan failure” and you’ll see articles like:
“The microfinance delusion”
“Tragic failure of microcredit”
“Microfinance Has Been A Huge Disappointment Around The World”
“Micro loans Don’t Solve Poverty”
“Perils of Microfinance”
Micro loans was concocted by emotional socialists who think with their hearts instead of their brains, which always makes a country poorer.
The Airtoken team only needs to do 5 minutes of research on micro-loans and would have found the above. This means that they are dishonest. If they did not do the research, then they are incompetent.
I see nothing new with
Electroneum. Mobile? Lots of altcoins can be on the phone. Privacy? Monero, PIVX and Zcash already can do that. Offline wallet? This is when Electroneum starts misleading. They state:
““Googling” for Bitcoin Hack or Ethereum Hack will find you dozens of stories of stolen cryptocurrencies. We’ve developed an OFFLINE wallet that is 100% secure. You can create as many offline wallets as you like (free) and transfer the bulk of your Electroneum to those wallets.”
Are they trying to make you think that there are no offline wallets for Bitcoin and Ethereum? There are LOTS of them.
