In response to several comments:
Change-Bank is way too late to the party. Monaco, TenX and Centra are doing debit cards as well. Also, the majority of coin holders will not give their coins to any centralized place, in fear of a hacker or employee stealing them.
Swarm Fund is lying. They say that you need large amounts of money to buy real estate and your money is tied down for an indefinite amount of time. This is false. You can buy one share of a REIT, and there are thousands of REITs to choose from, and you can sell it one minute later. If they start off their pitch with a lie, what else are they lying about?
There is another flaw with Swarm, which is similar to the flaw with CombiCoin. You will have to trust that the coin is backed up LEGALLY by the land title of the real estate. Who is the owner of the real estate? John Doe? Who is to say John Doe will uphold any agreement that the real estate, that has his name in the municipal records as the owner, will ascribe it to the coin holders?
DomRaider is all marketing and no meat. They are probably liars as well. Their industry, dropcatching, is tiny. If it was as big as DomRaider claims, then Godaddy would be making billions from it. But none of Godaddy’s revenue is attributed to dropcatching on their Income Statement. Godaddy never even mentions dropcatching anywhere in their annual filing to the SEC. Read it.
After reading the first sentence in
Earth Token’s announcement, I stopped. “environmentally sustainability software”? WTF? Is this another example of somebody trying to put the kitchen sink onto the blockchain?
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.
Atlant and
HomeToken have the same problems as Swarm. In addition to that, they both have the same problem as coin banks, exchanges and investment funds. The money is centralized into a honey pot, which makes it attractive to hackers and employees to steal.
Looking at all these recommendations, it’s amazing how low the bar has gone for startups.
