Study Claims: Over 60% of Top 100 Cryptocurrencies Have No Working Product

[ryecrypto]

Study Claims: Over 60% of Top 100 Cryptocurrencies Have No Working Product

Study shows which currencies made the cut.  Do you agree with this list?  What others should be added?

Projects that made the cut are:
“0x Protocol, Ardor, Augur, Bancor, Bat, Bibox Token, Binance Coin, Bitcoin, Bitcoin Cash, Bitshares, Bytecoin, Decred, Ethereum, Golem, Huobi Token, Komodo, Kucoin Shares, Kyber network, Litecoin, Loom Network, Monero, Nano, Neo, Pivx, Polymath, Pundi X, Qtum, Ripple, Siacoin, Steem, Stellar, Tether, Wanchain, Waves, Zcash, and Zencash.”

https://news.bitcoin.com/over-60-of-top-100-cryptocurrencies-have-no-working-product-study-claims/

[Hell-raiser]

Study Claims: Over 60% of Top 100 Cryptocurrencies Have No Working Product

Study shows which currencies made the cut.  Do you agree with this list?  What others should be added?

Projects that made the cut are:
“0x Protocol, Ardor, Augur, Bancor, Bat, Bibox Token, Binance Coin, Bitcoin, Bitcoin Cash, Bitshares, Bytecoin, Decred, Ethereum, Golem, Huobi Token, Komodo, Kucoin Shares, Kyber network, Litecoin, Loom Network, Monero, Nano, Neo, Pivx, Polymath, Pundi X, Qtum, Ripple, Siacoin, Steem, Stellar, Tether, Wanchain, Waves, Zcash, and Zencash.”

https://news.bitcoin.com/over-60-of-top-100-cryptocurrencies-have-no-working-product-study-claims/

Could you briefly explain in the OP what is meant by "having no working product"?

I think that if you can make a successful transaction with your cryptocurrency, you can well call it a working product in its own right. What else could they mean? I remember reading legends of Satoshi making his first transactions with someone else from here (I forgot his name but he had died a few years ago). And since then Bitcoin has remained pretty much the same, apart from minor changes. Cryptocurrency itself is a final product as far as I can grasp.

[Ranly123]

Study Claims: Over 60% of Top 100 Cryptocurrencies Have No Working Product

Study shows which currencies made the cut.  Do you agree with this list?  What others should be added?

Projects that made the cut are:
“0x Protocol, Ardor, Augur, Bancor, Bat, Bibox Token, Binance Coin, Bitcoin, Bitcoin Cash, Bitshares, Bytecoin, Decred, Ethereum, Golem, Huobi Token, Komodo, Kucoin Shares, Kyber network, Litecoin, Loom Network, Monero, Nano, Neo, Pivx, Polymath, Pundi X, Qtum, Ripple, Siacoin, Steem, Stellar, Tether, Wanchain, Waves, Zcash, and Zencash.”

https://news.bitcoin.com/over-60-of-top-100-cryptocurrencies-have-no-working-product-study-claims/

Do you believe in that statements? How could you know that the coins you mentioned has no working product? As far as I know, the coins listed in that claim has working product like exchanges, currencies and many other usage of each coins. This is only a propaganda to bring down cryptocurrency, but it will never be realized.

[PIMPdev]

And this feels totally ok because there are still many products that are prospering and while they are not having any working project nor they have a developing one to present.

[tomahawk9]

Crypto market is oversaturated with shitty coins with no use-cases, everybody knows that yet those shitty projects wich are nothing more than vaporware filled with hopes and dreams keep getting bigger market caps. I think we're at the point where investors don't care whether a coin has a working product, as long it gives them the opportunity to make a few bucks then it's all good.

Could you briefly explain in the OP what is meant by "having no working product"?

The article describes what the author means by "working product".

[therhslv]

Study Claims: Over 60% of Top 100 Cryptocurrencies Have No Working Product

Study shows which currencies made the cut.  Do you agree with this list?  What others should be added?

Projects that made the cut are:
“0x Protocol, Ardor, Augur, Bancor, Bat, Bibox Token, Binance Coin, Bitcoin, Bitcoin Cash, Bitshares, Bytecoin, Decred, Ethereum, Golem, Huobi Token, Komodo, Kucoin Shares, Kyber network, Litecoin, Loom Network, Monero, Nano, Neo, Pivx, Polymath, Pundi X, Qtum, Ripple, Siacoin, Steem, Stellar, Tether, Wanchain, Waves, Zcash, and Zencash.”

https://news.bitcoin.com/over-60-of-top-100-cryptocurrencies-have-no-working-product-study-claims/

Could you briefly explain in the OP what is meant by "having no working product"?

I think that if you can make a successful transaction with your cryptocurrency, you can well call it a working product in its own right. What else could they mean? I remember reading legends of Satoshi making his first transactions with someone else from here (I forgot his name but he had died a few years ago). And since then Bitcoin has remained pretty much the same, apart from minor changes. Cryptocurrency itself is a final product as far as I can grasp.

I think nowadays you can make own blockchain or any ERC-20 token in under 1 hour . And if you make successful transaction , yes you can kinda call it a working product . But does of that working product marketcap should be like 300 million dollars ? In my opinion working product you can call stuff like BinanceCoin where actually its getting used in platform . In this case its Exchange  

[Noobaru]

That's a pretty nice list, I've heard about most of them and know what they do. And on the other hand it is said that some projects made it into top 100 list without working product.

[the13thsymphony]

There are altcoins that does not havr real world application and only has value because people have put value into it and I think it is not the projects fault that they have value, but it is the people who believe that it has value specially with the great boom in the market last year where many shitty coins emerged that has value right now.

[Traderbtcc]

Study Claims: Over 60% of Top 100 Cryptocurrencies Have No Working Product

Study shows which currencies made the cut.  Do you agree with this list?  What others should be added?

Projects that made the cut are:
“0x Protocol, Ardor, Augur, Bancor, Bat, Bibox Token, Binance Coin, Bitcoin, Bitcoin Cash, Bitshares, Bytecoin, Decred, Ethereum, Golem, Huobi Token, Komodo, Kucoin Shares, Kyber network, Litecoin, Loom Network, Monero, Nano, Neo, Pivx, Polymath, Pundi X, Qtum, Ripple, Siacoin, Steem, Stellar, Tether, Wanchain, Waves, Zcash, and Zencash.”

https://news.bitcoin.com/over-60-of-top-100-cryptocurrencies-have-no-working-product-study-claims/

Damn, That's sad and disappointing. To think most of those coins in the top 100 without a working product are 6-10 months old makes it more absurd. Even Omisego and Dash failed to make the cut. Cardano's ADA and Vechain didn't make the cut too :v . Another fact is that most of those projects with a working product doesn't have users that actually make use of these products that they developed. Crypto has a really long way to go.

[cryptobae10]

I think there is need to clarify the working product

Because Etherum stellar nano wave Komodo nem are Blockchain that has ability to create contracts or contract address makes it a working product

[Fatunad]

Study Claims: Over 60% of Top 100 Cryptocurrencies Have No Working Product

Study shows which currencies made the cut.  Do you agree with this list?  What others should be added?

Projects that made the cut are:
“0x Protocol, Ardor, Augur, Bancor, Bat, Bibox Token, Binance Coin, Bitcoin, Bitcoin Cash, Bitshares, Bytecoin, Decred, Ethereum, Golem, Huobi Token, Komodo, Kucoin Shares, Kyber network, Litecoin, Loom Network, Monero, Nano, Neo, Pivx, Polymath, Pundi X, Qtum, Ripple, Siacoin, Steem, Stellar, Tether, Wanchain, Waves, Zcash, and Zencash.”

https://news.bitcoin.com/over-60-of-top-100-cryptocurrencies-have-no-working-product-study-claims/

60% is just too low in my own opinion.How about to say 98% of them doesnt have working product?It would be more convincing on my ears but well even they do have product or not. We can always presume that
projects that really give some innovation can sustain for longer terms or years to come and those shitty projects will just die or fall off.It isnt really a big issue at all.

[dominik-t]

At 60% of projects the product is still under development. This does not mean that projects in 1-2 years will not work

[xenomorphe1]

The study is true. Value of a coin is only given by investors who put money where they think they can earn more money.
The purpose of a coin doesn't have any importance in the actual crypto market. People only use them for speculation. There is no real use.

[lobo13hf]

Study Claims: Over 60% of Top 100 Cryptocurrencies Have No Working Product

Study shows which currencies made the cut.  Do you agree with this list?  What others should be added?

Projects that made the cut are:
“0x Protocol, Ardor, Augur, Bancor, Bat, Bibox Token, Binance Coin, Bitcoin, Bitcoin Cash, Bitshares, Bytecoin, Decred, Ethereum, Golem, Huobi Token, Komodo, Kucoin Shares, Kyber network, Litecoin, Loom Network, Monero, Nano, Neo, Pivx, Polymath, Pundi X, Qtum, Ripple, Siacoin, Steem, Stellar, Tether, Wanchain, Waves, Zcash, and Zencash.”

https://news.bitcoin.com/over-60-of-top-100-cryptocurrencies-have-no-working-product-study-claims/

There are some of them still on the beta but it's totally working just like crypterium, and any other crypto. Those are not having any product have created non sense idea. a lot of them just try to offer something that doesn't make sense to be bought by the investors. This is totally speculation and i guess you have known it dude,

[tuthienloc92bk]

Over 60% of Top 100 Cryptocurrencies Have No Working Product

Projects that made the cut are:
“0x Protocol, Ardor, Augur, Bancor, Bat, Bibox Token, Binance Coin, Bitcoin, Bitcoin Cash, Bitshares, Bytecoin, Decred, Ethereum, Golem, Huobi Token, Komodo, Kucoin Shares, Kyber network, Litecoin, Loom Network, Monero, Nano, Neo, Pivx, Polymath, Pundi X, Qtum, Ripple, Siacoin, Steem, Stellar, Tether, Wanchain, Waves, Zcash, and Zencash.”

Binance is an exchange platform, their token is as a fee of transaction. And some tokens like this as Kucoin Share,...

Some tokens are work as the fee of transaction of their own platform. Such as Ethereum, NEO, Stellar, WAVES,...

Some tokens are work as the reward of their forum. Such as Steem,...

So, what your "No Working Product" mean?

[damsix]

Study Claims: Over 60% of Top 100 Cryptocurrencies Have No Working Product

Study shows which currencies made the cut.  Do you agree with this list?  What others should be added?

Projects that made the cut are:
“0x Protocol, Ardor, Augur, Bancor, Bat, Bibox Token, Binance Coin, Bitcoin, Bitcoin Cash, Bitshares, Bytecoin, Decred, Ethereum, Golem, Huobi Token, Komodo, Kucoin Shares, Kyber network, Litecoin, Loom Network, Monero, Nano, Neo, Pivx, Polymath, Pundi X, Qtum, Ripple, Siacoin, Steem, Stellar, Tether, Wanchain, Waves, Zcash, and Zencash.”

https://news.bitcoin.com/over-60-of-top-100-cryptocurrencies-have-no-working-product-study-claims/

Could you briefly explain in the OP what is meant by "having no working product"?

I think that if you can make a successful transaction with your cryptocurrency, you can well call it a working product in its own right. What else could they mean? I remember reading legends of Satoshi making his first transactions with someone else from here (I forgot his name but he had died a few years ago). And since then Bitcoin has remained pretty much the same, apart from minor changes. Cryptocurrency itself is a final product as far as I can grasp.

It is true that the julul sjaa does not give the object the intended problem, so to reply or answer this thread is very difficult.
Maybe it's better not to have threads like this again because this makes me confused.

[Xiaolongnu]

Those 60% are in developing process so they don't have working products yet. They are still good and strong projects because they are standing at top 100 of over thousands of cryptocurrencies.

[MiF]

We can't really prove it actually when we gather enough proof for that statement against top 100 cryptocurrency, but with ethereum contract coins most I guess those scam like project is possible of having no product. That's the reason why trading in a long run failed and won't gain good price if you're holding it in longer terms.

[wongdeso]

The team develops and this makes the market value, the coins keep running and will look like they have the right price, being in these 100 coins from thousands of coins is a thing that has a future and surely this coin has a name and remains valuable. I think I still have good functions and work.

[Tipstar]

There are some reasons for those currencies to stay in top 100. Most of them might not have the product but are used as a service token or value token.