[2018-06-12]Research: 94 Out Of 100 Successful Blockchain Projects Are Based On

[Alex077]

Research: 94 Out Of 100 Successful Blockchain Projects Are Based On Ethereum

According to cryptocurrency analyst Kevin Rooke, 94 of the 100 best blockchain projects based on the Ethereum platform.

Ethereum network deserves to be one of the leading blockchain platform for smart contracts. He also noted that the Ethereum community consists of more than 250 thousand developers.

"The industry is still really small [and thus], 250,000 is a shocking number. Ethereum’s development framework called Truffle already has more than 500,000 downloads and even through the price fall of 2018, development interests have continued to rise,” said Rooke

He states to create a competitive blockchain platform, there is not enough capital investment. Ethereum's potential depends on running successful decentralized applications, and if developers leave the platform, it will lose its value.
”Sometimes money can give a start to the project, but today in the crypto industry everyone has money, including Ethereum, so they do not give a competitive advantage, " Kevin Rooke said...https://en.bit.news/research-94-100-successful-blockchain-projects-based-ethereum/

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[vit05]

I like Ethereum. I think it's a great project. But I find this news whose only goal is shill bad.

How to classify a project that was successful if most of the time it does not even exist? Was the funding successful? Could Bitcoin be the platform of these 94 projects? No, since the protocol does not allow something like that. Only, perhaps, in second layer projects. Is this bad? I do not think so.

[odolvlobo]

I'm not surprised. The single fact that Ethereum provides a great platform for an ICO is enough to motivate nearly all projects to use it.

On the other hand, I'm skeptical that the author can actually list 94 "successful" projects, unless "success" only indicates that the project was able to raise money.

[Krishniche]

How do you define success. Is it just in terms of money raised in an ICO or does it depends on how the product has behaved when it has released. Its better to answer this basic question first and then arrive at any conclusion.
There's no doubt that most of the ICOs are based on ethereum platform, but percentage as high as 94 is way too much.

[stompix]

I'm not surprised. The single fact that Ethereum provides a great platform for an ICO is enough to motivate nearly all projects to use it.

On the other hand, I'm skeptical that the author can actually list 94 "successful" projects, unless "success" only indicates that the project was able to raise money.

Exactly!!!!!!

I'm not going to ask for those all those projects, not for 94 out of 100, 9 or even 4...
Show me one "successful" project that has delivered something and is not just made out of tokens trading on exchanges.
Can somebody show me one of those ICOs that created something that can't be done with BTC and is used in real life?

How do you define success. Is it just in terms of money raised in an ICO or does it depends on how the product has behaved when it has released. Its better to answer this basic question first and then arrive at any conclusion.
There's no doubt that most of the ICOs are based on ethereum platform, but percentage as high as 94 is way too much.

LMFTFY
Is it just in terms of money raised in an ICO or does it depends on how good the so-called developers were at selling snake oil.
Better.

[gentlemand]

Is it just in terms of money raised in an ICO or does it depends on how good the so-called developers were at selling snake oil.

Why not both? And indeed it will be both.

ETH has a first mover advantage, but it's a utility platform and I have zero doubt that there'll be a better platform that offers much, much better functionality, security and simplicity along at some point.

The question is whether utility outweighs pumpiness. The answer is a resounding no for now.