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August 28, 2019, 02:45:36 PM |
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Its value was based off of HYPE - It's use case is small, considering what other projects are buildings in the crypto space.
Invest in projects that empowers, and enhances the user experience of crypto. If you look at the vast majority of crypto projects, they either have NOTHING going for them, that benefits anyone, or they are copying what everyone is doing, trying to compete with the big boys (XSPEC Vs Monero as an example)
You need to bring something NEW, and USEFUL for the average crypto investor if you want to make the big money moving forward. All these ICO scams, with nothing going for them will continue bleeding in sats.
Personally I'm eyeing Stakenet as the next big coin for several reasons.
Most DEX solutions sucks ass, since they use Atomic Swaps to facilitate the trading, which takes way too much time compared to a centralized solution.
Day traders want instant trades, with as small of a fee as possible, and at the same time, wants to avoid KYC.
This is where Stakenet's Lightning DEX might take a huge lead in the future, since their Lighning DEX will be (unlike some of the other wannabe DEX solutions) completely decentralized
The concept is unique, since you make the masternodes host all the chains on DEX, this makes running a masternode slightly more expensive compared to your normal VPS, however it benefits the consumer who wants to USE the DEX. Why?
1) You DON'T need to sync with the DEX (Since the DEX is synced by the masternodes running at all times)
2) Near instant transactions between lightning compatible coins
3) Extremely low fees if you trade over lightning
4) NO KYC
5) NO Registration Process
This is just 1 dApp running on this eco-system. They built a multi currency lightning wallet as well, with 1-click lightning swaps, and TOR-integration, which is currently in BETA testing. Available soon for Android/IOS/Desktop.
Do your own research, however this has the best chance of becoming the industry standard later on, for sure!
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