What do you think about the sustenability of altcoins with real life value?

[Fabguy]

What do you think about the sustenability of altcoins with real life value for the world economy? Altcoins like Wibson, for example is particularly concerned about helping data owners (anyone that's owns a social media account, for instance) to benefit from the use of such data. They try to curb the tremendous privacy invasion of big social media organizations such as facebook on users account. These organizations sells users data even without any prior notice to the users, let alone giving them (the users) the chance to monetize such activities.

I feel the sustenability of this kind of project will create an ecosystem where privacy will be respected and users data will be more safe. What do you think guys?

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[Chemcrier]

There are numerous projects that conducted ICOs in 2017/2018 and most of them promised heaven and earth in their whitepapers, but now that fundraising is done, we are yet to see the actualisation of their promised products, but if most of those projects can keep their words, we might be going into an era where blockchain is used in our everyday world, it would be really cool.

[Ken_terrance]

Its easier for many developers to make tokens using smart contract and made up words about how what they are trying to build will benefit users and what happens next? Fund raising and after they met hardcap things will start taking a different direction,the real fact is not all developers are ready to deliver,most are just here to carter away with millions of dollars.

[beerlover]

Depends on their utility in the real world as well. There has been a lot of coins like ethereum, eos, tron, neo and so forth and even a bit of dash with its masternode that could actually get some utility, you can use eth to play games and fund ICO and do whatever else you want, you can use eos to gamble and own a share in a casino, you can use tron to do whatever tron does I have no idea.

Basically, if a coin has a reason to be bought and then used it has sustainability in the world and we can continue to support them. However if there is no reason to buy or spend a coin then that coin will be dead sometime, maybe not today maybe not in a year but eventually it will die. That is why coins like bitcoin cash is destined to die, it has no purpose other than making miners rich.

[yangongear]

Almost all of the altcoins currently on the market, their prices are inflated compared to the actual value, except for the stable coins backed by fiat money. In order for an altcoin to be valid, it must have utility and practical use, and quite a few projects do this now.
Perhaps for me a project that is doing this is BAT when they have a Brave browser and BAT is used to tip the content creators.

[Tipstar]

What do you think about the sustenability of altcoins with real life value for the world economy? Altcoins like Wibson, for example is particularly concerned about helping data owners (anyone that's owns a social media account, for instance) to benefit from the use of such data. They try to curb the tremendous privacy invasion of big social media organizations such as facebook on users account. These organizations sells users data even without any prior notice to the users, let alone giving them (the users) the chance to monetize such activities.

I feel the sustenability of this kind of project will create an ecosystem where privacy will be respected and users data will be more safe. What do you think guys?

The thing that troubles me the most is almost every crypto focus real world use startup has failed.
Be it sia, storj or filecoin or Gladius or even the VET coin, even the social networks of Steemit and all.me, all got a large attention but eventually failed to deliver any robust package that could compete with traditional services.  

[bigcash2011]

Most of the altcoins do not represent either real world use cases or services so i fear they will be able to sustain for long already we see many projects closing down that were launched in 2017-18 and in the coming months this trend can increase so only real projects with real uses a d revenue can sustain for long term.

[poornamelessme]

What do you think about the sustenability of altcoins with real life value for the world economy? Altcoins like Wibson, for example is particularly concerned about helping data owners (anyone that's owns a social media account, for instance) to benefit from the use of such data. They try to curb the tremendous privacy invasion of big social media organizations such as facebook on users account. These organizations sells users data even without any prior notice to the users, let alone giving them (the users) the chance to monetize such activities.

I feel the sustenability of this kind of project will create an ecosystem where privacy will be respected and users data will be more safe. What do you think guys?

Not sure if you are simply trying to hype some coin (wibson, whatever that is) that nobody has heard of before or are asking a serious question.

As for altcoins, I think it'll come down to whether they actually proide a real service and generate income -- like any business. There are plenty of alts with decent ideas, but either they never really get off the ground, or their business model kind of doesn't exist.