The Altcoin Evolution – Part II: The Challenges – Accessibility
Last week we introduced ‘Altcoin Evolution’, NewsBTC’s latest series discussing the market-wide challenges that altcoins face in coming to market. We’ll take a look at a bird’s eye view of a number of different challenges that altcoins face in the general market, starting first with accessibility. Our framework in outlining these challenges will generally be presented from a U.S. consumers point of view, as some of the exchanges, projects, etc. may not be accessible yet globally – which speaks to the very nature of the topic at hand. We’ll also be looking at these processes....
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In the last episode of “Altcoin Evolution”, we discussed hurdles that can prevent more casual crypto investors from acquiring some of the more obscure altcoins. Obviously, accessibility to investment is paramount to getting in the hands of consumers, and for projects to continue their own ‘evolution’. Despite continued market-wide shifts to make crypto more easily accessible, the road is still long and tumultuous. Another “crypto-winter” is never out of the question, and how broader society at large adapts to digital currencies is still yet to be determined. Still, the....
With the ever-changing landscape of tech development and crypto innovation, regulation tends to lag behind in order to have time to react to what’s happening. Many altcoin projects are currently growing exponentially as they are exploring largely untouched use cases. As the tech continues to proliferate and expand, more and more “problems” are arising that require solutions. This obviously provides more space for viable contenders to occupy in a crowded market. This provides a robust growth argument for many altcoins, but there is a catch. The giant growth gains are fantastic, but....
Mainstream adoption for emerging altcoin projects is a constant topic within the crypto community that might be a conversation that exists in perpetuity. Most notably because the idea of “adoption” in crypto isn’t tangible or measurable. What does mainstream success look like, and how does it fit with crypto’s inherently decentralized nature? It’s a long road to travel for altcoins to find success in the current landscape. This new series will take a look at some of the primary hurdles that altcoins face today. Emerging Projects: Overcoming Challenges Throughout this....
On the surface, ‘Crypto’ and ‘Gaming’ seem like an intuitive couple, yet the current landscape of these largely complementary industries reveals that the fusion of the two is still very much under construction. The challenges posed by accessibility, reach, design, function and a plethora of others immediately springing to mind are bravely being tackled by many crypto and tech wizards, yet only a handful are pioneering this evolution. In this article, we’ll review the industry’s […]
Netherlands based exchange, LiteBit recently added a number of cryptocurrencies to their growing list of tokens that can be traded against each other and also against fiat currencies. The evolution of the Blockchain. Day by day, the Blockchain industry keeps expanding as new Blockchains are being created. Consequently, more cryptocurrencies get introduced into the ecosystem. With about seven hundred Altcoins in existence, awareness and accessibility of tokens of such Blockchains remain a major concern of their owners. Despite the perceived swell in Bitcoin awareness, and that of....