Upfiring (UFR) has 100x potential. Their product is amazing and the mc is low

[DigitalDoom]

Upfiring went 100x in 2017 and that was when BTC was 1/2 the price, and they didn't even have a working product yet.

I don't even need to shill you on this because you can try the dapp out for yourself (see their website). It's amazing. They've created the first P2P file-sharing network on Ethereum- like BitTorrent, but seeders get rewarded with crypto. They just released their product this year and are undergoing a rebrand right now to try to make the project THE dapp for file-sharing on ETH.

Recently the price has doubled but it's still not too high yet: https://info.uniswap.org/pair/0x440349579065299f3458e4f101d2fc410517997d

Highly recommending getting in this while the price is so low, this will explode in alt season.

[Doublelucky]

I remember fomo'ing into this project from 2017 when it blew up. Interesting to see that they've developed a lot since then.

[longyenthanh]

The strange thing is, it took three years to develop the app. Projects in the cryptocurrency industry usually create such applications within a few months. It is also strange that so far they have not managed to list on centralized exchange. It looks a bit risky, because either developers are lazy or they don't know how to work on this market.

[muenze]

It looks a bit risky, because either developers are lazy or they don't know how to work on this market.

Whoah calm your horses there. They could be working on it in their spare time,if anything it shows they are commited and havent given up the product in 3 years which is rare for such small projects.

The question Id ask is is the filesharing anonymous? Because you know torrents usually show your IP.

Also is there an ISSUE with the current high costs of the ETH network? A transaction can cost $20. Or does the dApp only need to make transactions when you transfer funds in/out?!

[longyenthanh]

It looks a bit risky, because either developers are lazy or they don't know how to work on this market.

Whoah calm your horses there. They could be working on it in their spare time,if anything it shows they are commited and havent given up the product in 3 years which is rare for such small projects.

The question Id ask is is the filesharing anonymous? Because you know torrents usually show your IP.

Also is there an ISSUE with the current high costs of the ETH network? A transaction can cost $20. Or does the dApp only need to make transactions when you transfer funds in/out?!

Ok sorry, I actually used too harsh words ..
However, 3 years in the cryptocurrency market is a huge piece of time.
For example what you're asking about, the network fee, could be a problem now. I hope that's not the case.

[ryzaadit]

If you see their project, did everyone will used?

IMO 95% of everyone will not gonna use them, people more often sharing file on google and other things on the trusted resource. Type project like this not really interesthing at all in the cryptocurrency space.

Everyone more often on :
- Interest.
- Trading.
- Some IDEA who have more use case on cryptospace, like better transaction or other things.

[cryptonx]

The strange thing is, it took three years to develop the app. Projects in the cryptocurrency industry usually create such applications within a few months. It is also strange that so far they have not managed to list on centralized exchange. It looks a bit risky, because either developers are lazy or they don't know how to work on this market.

maybe the dev team find a good moment to released the app, and now when the bull coming to crypto industry the app launched mate
because they think this is the right time to increase the demands
but i agree with you if investing in this project is a bit risky, because i saw in coinmarketcap the volume in the last 24 hoours is less than 100k usd

[DigitalDoom]

The strange thing is, it took three years to develop the app. Projects in the cryptocurrency industry usually create such applications within a few months. It is also strange that so far they have not managed to list on centralized exchange. It looks a bit risky, because either developers are lazy or they don't know how to work on this market.

It's a complicated dapp. The developers are really good, try out the dapp for yourself, it works extremely well.

It looks a bit risky, because either developers are lazy or they don't know how to work on this market.

Whoah calm your horses there. They could be working on it in their spare time,if anything it shows they are commited and havent given up the product in 3 years which is rare for such small projects.

The question Id ask is is the filesharing anonymous? Because you know torrents usually show your IP.

Also is there an ISSUE with the current high costs of the ETH network? A transaction can cost $20. Or does the dApp only need to make transactions when you transfer funds in/out?!

Ok sorry, I actually used too harsh words ..
However, 3 years in the cryptocurrency market is a huge piece of time.
For example what you're asking about, the network fee, could be a problem now. I hope that's not the case.

They are implementing Matic, a layer 2 solution, to deal with the high fees.