The graph on top shows successful ICO’s are getting rare. A few project have ROI, Investors got rekt. The market is finally right. Let’s look where blockchain goes next. Lets analyze the other fields of usage of the blockchain. On the fly you understand conditions for an ICO.
Blockchains knows 2 major fields of applications: Certificates & Smart contracts
I discuss digital value on certificates & Smart contracts. The two fields of blockchain applications are linked. Certificates are static, Smart contracts are part of a process. For example: after creating watertight (business) or value added procedures, it makes sense to store some created digital values. Storing “digital value” without proper procedures or flow has limited usage.
Keynes’ Theory tells that for coins or certificates (or money) there are 3 motives for usage: The transaction motive (the need for coins for the current transactions) , the storage motive (coins buffer for the for unforeseen) and the speculation motive (take ad...