My thoughts on investing in HTMLcoin | Ecency

Yesteday i posted a post about HTMLcoin in the post i told about the history behind HTMLcoin, regarding what the new HTMLcoin is and what the old HTML5coin was. It also tells a bit about the new technologies in the new HTMLcoin and what it is trying to achieve.

In this post i will give my thoughts on investing in this coin.

Why invest in HTMLcoin

The team

The team consist of skilled people with different backgrounds, with good ties into the crypto world but also the existing financial world.

The team have a combined background in development and implementing online technologies, B2B marketing, making complex technologies (like blockchain) simple and many other things.
With the expertise in many different areas the team should be able to achieve their goals for the project.

Projects in the pipeline

The team has a lot of ideas what they want to use the coin for. Some of them are listed under here and more can be found on their websites.

Develop an e-learning platform
Develop a crowdfunding platform
Develop a freelance platform (website and iOS/Android app)
Develop platform based medical devices

More about the projects can be read about in the whitepaper.

Techonologies

The project also uses a lot of great technologies, which can be read about in the whitepaper and in my previous post.

Other things?

No ICO.
Cheap (24 sats)
Big community!

Why not invest in HTMLcoin

The team has not the target to gain profit, so the will be no coin buy back and coin burning.
Big supply - upto 90,000,000,000 - right now about 50,357,742,244 in circulation
Premine, because of no ico. about 17,000,000,000 is kept for funding. Not a directly bad thing, but some see it as a bad thing. But in some way they need to cover their cost.
Not for a quick profit.

My thoughts

I have invested some myself, i think the project sounds good and have some great ideas and projects.
They have a long roadmap with a lot planned out, which also means that this coin is not for quick profits. The coin will go up i value (i believe) but i think it is going to be a long HODL. I have invested around 5% of my portfolio, transferred it to the official wallet and just waiting now. I also try to engage in the community.

Roadmap

From my previous post:

How do i acquire HTMLcoin?

HTMLcoin can be bought at some different exchanges, like Tradesatoshi and bleutrade, the coin is also soon to be on Kucoin (not confirmed but i #2 in the vote contest). The coin is cheap right now, trading at 24 satoshi.

If you have some HTML5coins they can be swapped on this site, until the 12th of February the ratio will be 1:1

It is, of course, also possible to mine the coin, at the moment only via CPU though, and not via GPU yet. The coin uses the "Double SHA 256".

I will make a post about mining this with a linux VPS.