The Ultimate Guide to Discover 1000X Cryptocurrencies

in #cryptocurrency7 years ago

The Ultimate Guide to Discover 1000X Cryptocurrencies

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Do you hate feeling lost and overwhelmed skimming through hundreds of blogposts, forums and videos to find the next Bitcoin or Ethereum?

Is there a hope?

It turns out there is a general guideline I personally follow to find the next big blockchain things.

Want to know the secret?

In this post I will share this guide with you, so you can navigate in this crazy crypto world and ultimately win …

… while others take an L.

Blockchain is a tool for network effect acceleration and asset ownership democratization.

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Picture this:

You live in the year 2030 …

… and blockchain became the new internet and the new economy.

What types of tokens you think will dominate the cryptomarket?

Answering this trillion dollar question can literally take you to the moon in the future (when lunar tourism blossoms).

Here’s my answer:

Blockchain Protocols – The Foundation

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Protocols enabling the following features are the future of blockchain

a) smart contracts

b) measure of value of Dapps and smart contracts

c) according search engine capability to identify the best Dapps for each category or keyword

d) adaptability to changing community and technological demands, such as updatable smart contracts. Prevents hard forks.

e) proper incentives for developers, promoters, bookkeepers, and enthusiasts

f) ease of interoperability and interledger communication

g) fast, low fees, scalable

If you would like to win in the long term …

… look for blockchain protocols with the above attributes.

Infrastructural coins

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Infrastructural coins advance mass adoption of cryptocurrencies and turn blockchain into household technology.

Ideally, we are talking about plug’n’play all-in-one ecosystem that allows toddlers and grannies to go crypto with a push of a touchscreen.

Such coins could include, but not limited to:

a) Point of sale (POS) payment with cryptocurrencies in local shops and boutiques

b) International payments with cryptocurrencies through existing banks

c) Mobile first Operational Systems for blockchain Dapps

d) Decentralized Exchanges

e) Stablecoins (coins with reserves)

f) Interledger, cross-chain protocols

g) Cryptowallets having all of the above capabilities

It gets better:

Emergent Market-Network Coins

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These are coins producing super network effects emerging from marketization of high-tech innovative network of agents.

Now, here’s the deal:

There would be 1000s of market-network coins.

But out of those 1000s of coins, there will be only a few 1000X winners amassing all the wealth.
It’s called power law.

These coins will win because they have the greatest innovation potential.
Adding economic layer through blockchain to these networks will produce emergence phenomenon

…ultimately leading to quantum leap disruptions in how society, economy and governance operate.

Long story short:

I look for the so called Emergent Market-Networks (EMN).

One theoretical example would be a coin which creates open source decentralized innovation infrastructure, which enables inventors to build open source benevolent, empowering innovations.

I proposed such Emergence Market-Network in my introduction post on EunnovaX project.

Tokenizing Tech Giants

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This one is obvious:

If some super quantum computer development company or google-like tech giant announces ICO, I’ll be all over it.

Hopefully, these 4 types of coins will always be on your mind to navigate through.

Please share in the comments below which coins meet the above criteria for winners.

This is not a financial advice, and I’m not your financial advisor. Always do your own research before investing in anything.

Stay classy, San Diego!

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very good point. can you suggest any coins to invest in for the moment?