The Altcoin Evolution – Part III: The Challenges – Use Case & Value
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....
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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....
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....
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....
The most innovative idea to fight the greatest healthcare challenges is built around Bitcoin. BitSoko is one of the 52 projects that received Phase 1 grants as part of the Grand Challenges Explorations program. The Grand Challenges Explorations program is part of the Grand Challenges in Global Health initiative started in 2003 which is a family of grant programs directed at developing tools to help overcome various issues plaguing the healthcare domain in the developing world. The Grand Challenges Explorations is a $100 million grant program started in 2009 by Bill and Melinda Gates....
To many people in the Bitcoin community, altcoins are considered nothing more than scams. Part of the reason is that altcoin developers and promoters are often found telling people to purchase an altcoin for their own financial benefit; however, this is not the case for Monero developer Riccardo Spagni. Spagni holds a relatively pragmatic view on altcoins. The Monero developer has told individuals with limited funds to not buy the altcoin. In fact, he has stated, “The most likely scenario is that Monero fails entirely.” To many, Spagni’s unique take on the altcoin market, especially as a....