Some things will never work in crypto world

[Bitbtc8]

There are some useless or not actually needed use cases in crypto space that will never work anytime sooner in crypto world, few project developers actually thought they can make them work but they are wrong.

1. VR (Virtual Reality) projects
2. A.I (Artificial intelligence) Projects
3. Green energy Blockchain projects ( probably built to extort money)
4. Gold backed tokens (two to three works but majority are scam)

If you think I'm wrong please give your reasons

[Dariusburst]

Don't even talk about those Artificial intelligence projects, I'm glad we don't see new A. I projects anymore today, there are many in 2018 and 2019 but no single one end up right 

The same thing with those gold tokens, they aren't backed by anything but empty words, I'm sure people are fully aware of this deceitful use case, thanks for sharing lol

[CuriousGeorge]

A.I projects are click bait that being used by the scammers to attract the investors. Remember when there are so many investors who can't do a proper research to know the possibility for such idea to be implemented or combined with blockchain. that's a garbage idea that will become a real thing.
VR was also a non sense idea that will never work.
Blockchain will be very useful only when it comes to the economic and financial system. I do agree with all of your stataments above.

[Coyster]

You have a good point, and thing is many developers have tried numerous use cases, and many others are still reincarnating the very failed use case, all just to scam investors, if you research into these examples in the op, you'll find out that quite a lot of devs have worked on projects like that and failed/scammed their community of investors, why then are other devs still trying out the same very use case for their projects, it's just an indication they want to take money from users who will invest in the hype they'll create at first, and investors fancy hype quite a lot from what I know.

I'd prefer if devs in the altcoin network stop with the many redundant use cases/projects, and actually focus on something that can really work, something the network actually needs and will stay for the long term, not just projects that give returns on the short term.

[akram143]

There are some useless or not actually needed use cases in crypto space that will never work anytime sooner in crypto world, few project developers actually thought they can make them work but they are wrong.

1. VR (Virtual Reality) projects
2. A.I (Artificial intelligence) Projects
3. Green energy Blockchain projects ( probably built to extort money)
4. Gold backed tokens (two to three works but majority are scam)

If you think I'm wrong please give your reasons

Scammers already realized that these ideas are not going to work anymore to loot Money from people that is why they are inventing new ideas like DeFi to make people to invest on their projects and will keep repeating the loot process.

[Questat]

There are some useless or not actually needed use cases in crypto space that will never work anytime sooner in crypto world, few project developers actually thought they can make them work but they are wrong.

1. VR (Virtual Reality) projects
2. A.I (Artificial intelligence) Projects
3. Green energy Blockchain projects ( probably built to extort money)
4. Gold backed tokens (two to three works but majority are scam)

If you think I'm wrong please give your reasons

How about give us some reasons first why it will not work? If the intention of the team are just to scam investors, then even if the project has the potential to grow in the market, it would still fail as scammers will scam, that's how it work.

[bitbollo]

scammers like to ask money using these futuristic use cases. Targeting these new applications doesn't mean that generally we will never seen something really working. Likewise A.I or VR Projects, in a rudimental way the first applications are growing in real world, it seems now too early but in a short matter of times they can literally explode and become something very common in our day life.

[umbara ardian]

First, I want to express my thoughts on the cryptocurrency market. I've always assumed that anything can work successfully in crypto world if you find out how it works.

1. VR (Virtual Reality) projects
2. A.I (Artificial intelligence) Projects

I do not want to challenge your sharing, but currently the two areas are still developing and cannot say anything about these areas. I've seen a lot of controversy about the use of VR, AI in Blockchain, everything has nothing to say about anything.

Here are the article links I found:
1. https://www.forbes.com/sites/forbestechcouncil/2020/07/23/why-we-shouldnt-have-ai-without-blockchain/#329fe29c4c4e
2. https://cointelegraph.com/magazine/2020/03/30/virtual-reality-blockchain-economics-permanence-and-scarcity#:~:text=Beyond%20economics%3A%20Trust%2C%20permanence%20and,virtual%20reality%20without%20fully%20immersing.

3. Green energy Blockchain projects ( probably built to extort money)

It may not be easy to see energy projects for blockchain, but if the project is there, I see them all working quite clearly on me also see the potential for this industry.

Here I have 2 names that will give you a more perspective on the industry in blockchain:
1. WePower
2. Energy Web Token

[TanakabZX]

Beware of any crypto use case that isn't into financial or economical ideas, I believe this is the real purpose of crypto, we've been fooled in the past with different use cases that we actually thought would work because of how they are introduced, I really believed that in them because I want the use cases to work, but later I realized that those use cases are better in the real world not online

[joseyphil82]

Virtual reality is not a joke and it's same thing for artificial intelligence too but these things aren't compatible on blockchain just yet, they are something that works best in real world, those developers just used them to take advantage of deep crypto lovers that want these use case to work on blockchain and probably exposed the power of blockchain technology to the world.

[toast]

i've seen so many projects before about AI and gold specifically in the signature of the users here but now i rarely see them. i'm not really into investment but do you mind giving some inputs why those wouldn't work? maybe the team behind doesn't really push towards it or maybe wrong application of it to the project?

[jessyj48]

For now we don't need VR and AI tech on blockchain, might be possible in the future but it's a no for now, every projects that use this use case had to quit because of lack of interest, not all of them are scammers, some even do refunding to the investors

[Francis Freeman]

There are some useless or not actually needed use cases in crypto space that will never work anytime sooner in crypto world, few project developers actually thought they can make them work but they are wrong.

1. VR (Virtual Reality) projects
2. A.I (Artificial intelligence) Projects
3. Green energy Blockchain projects ( probably built to extort money)
4. Gold backed tokens (two to three works but majority are scam)

If you think I'm wrong please give your reasons

To be honest I don't know when we are going to see virtual reality in full scale. They are still under emerging technology and combining it with a other emerging tech might be too far .
Same can be said about AI projects as well.
Gold backed projects are okay as long as they can prove that they have real gold to back it up.

[bubbalex]

Blockchain is a technology, with its own special features and characteristics. There are a lot of projects that supposedly implement a breakthrough blockchain in which there is really no need except for a reason to raise money. When analyzing any project, you should always ask yourself a question - does this project and this problem need a solution in the form of blockchain technology or will it only get better without a blockchain?

[benthach]

There are some useless or not actually needed use cases in crypto space that will never work anytime sooner in crypto world, few project developers actually thought they can make them work but they are wrong.

1. VR (Virtual Reality) projects
2. A.I (Artificial intelligence) Projects
3. Green energy Blockchain projects ( probably built to extort money)
4. Gold backed tokens (two to three works but majority are scam)

If you think I'm wrong please give your reasons

pos or dpos would fix this instantly

[meanwords]

I can't say you're wrong since it's really a waste of time to do something here in the crypto space that isn't really compatible with the current technology.

Though we can't say that it will never work because technology is being developed continuously even as we speak, so maybe it will not work now but it might work in the future. AI is getting traction nowadays so it'll we might see a breakthrough one of this days.

As for gold backed stablecoins, I agree that most are scams but there are some that is actually backed by real gold just like GOLD where you can see actually the certificate and the audit of the gold stored 24/7.

[VolkoB]

disagree with the A.I (Artificial intelligence) Projects . There are many successful projects, including this industry is constantly gaining popularity. Why did you decide that this is a scam, maybe you just unsuccessfully dived into several projects.

[Stanlo]

disagree with the A.I (Artificial intelligence) Projects . There are many successful projects, including this industry is constantly gaining popularity. Why did you decide that this is a scam, maybe you just unsuccessfully dived into several projects.

I think you don't know what you are saying, how many AI projects make it to top 100 on coinmarketcap? If you are still seeing any new one that's functioning properly then wait, I'm pretty sure it won't last, all crypto projects that claimed they are into AI never had any AI equipments, they have no prove to show

[Stanlo]

disagree with the A.I (Artificial intelligence) Projects . There are many successful projects, including this industry is constantly gaining popularity. Why did you decide that this is a scam, maybe you just unsuccessfully dived into several projects.

If you are into any AI project presently please kindly ask the team or dev for proves that they are actually building AI equipments or gadgets, it's same issue with gold backed tokens, I'm supporting the audience on this one mate, you need to do your own research first drop link to any AI project you are so sure about

[WalkerIVIV]

Here I have 2 names that will give you a more perspective on the industry in blockchain:
1. WePower
2. Energy Web Token

I wanna say that both were failed projects. Those didn't developed proper products. Basically, the green energy can be only implemented to subtitute the electricity that being used by the miners to mine crypto. You should see what has been doing by ognasty and that's a sense thing that can be done by replacing the electricity that used by the miners with renewable energy like solar panel.
I didn't see any good result from both of projects that you have mentioned above.