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RE: An Update on Tauchain & Agoras (Exchange Listing + Interview Questions)
The last sentence says it all and frankly 2 years from something tangable is just too long.
I mean you are talking Tron and Neo that are long term projects that really have no current wide spread use case, having such massive market caps, while you didnt mention that Steem has a use case, and has SMTs in the works that have the potential to instantly change the face of the internet in the short term....
Now contrast that to Tau...
The fact of the matter is: The market is stupid. Short term Steem potential, massive-250mil market cap.... Tau long term potential, massive-?market cap
Thats why i say we wait.
If the markets cant understand the potential of Steem then they sure as hell cant understand Tau.
Steem has been promising communities since late 2016 and SMTs since 2017 if I remember right. These things take a long time even for Steem.
What I'm saying is that while Steem is like Reddit, Tauchain is going to be like Google+Facebook. It's going to have social features as well but only much much better technology than that which powers Steem.
If you want you can compare Tauchain to EOS but even that would be unfair. Nothing else exists in the crypto space which is similar to Tauchain tech. So truth is Tauchain should be 1 billion market cap if we go on tech. I am conservative because I know community is what matters not the tech.
So while Tauchain has novel tech it still has to develop a community around it which I think it can do but it takes time. So I compared it to Lisk, which is where I think the market cap could and should land in the next few months based on community. If the tech works then things can grow very fast to the Tezos level in terms of market cap.
Tezos with all it's legal problems is still nearly a billion dollar market cap. Why? On novel technology alone really. Btw I agree the market doesn't make sense. Steem should be over a billion market cap but you are right the market seems to think long term on one hand but then speculators are focused only on short term.
Well said the last sentence.