The biggest challenge that most coins and ICO projects are faced with, its the ability to take their idea mainstream. I have read dozens of ICO whitepapers and most are just filled with 'unattainable and useless' grammar. for example "we aim to build a robust and dymanic world system that is unhackable" and blah blah bla.
I Am a huge fan of STEEMIT simply because it has a use case. i believe that an average person can use it, in order words, bring blockchain closer to the people. Most crypto projects are either too ambitious, without truly outlining how such idea can be used by an average person.
I have personally, decided that i will not invest in any ICO that has NO working project, and without even a single line of code at github. I found the decent ICO and Post ICO approach to be very creative and pragmatic. They raised slightly above 5,000 BTC during their ICO. I was fortunate to have invested in STRATIS, and DECENT. And as an investor i am quite optimistic that DECENT will give at least a 10X ROI.
The reason for this projection are:
Most altcoins within the 9 months in which the decent team used in building the decent network have made an average of 10X return.
The IOU price as at writing is at $7. While this is not a clear indicator of the market price, when decent is released in exchanges, my projection is that the drop may not be much significant. if investors are unwilling to sell below certain price. I see the price not falling below $1.
Decent is not just like most ICO projects that releases token without a working product. Decent Go will be released as well on its launch, thereby giving more validity to the decent project.
The team have had numerous exposure through attending various conferences globally, including China. These exposure is very crucial. For example, STRATIS had a huge spike in price due to the conference it had in India, and its collaboration with Microsoft.
Decent market evaluation is currently at 16,000,000. giving that there are many shitcoins with over 100M, yet with no use cases. I foresee the price of Decent hitting the 100M range within a couple of months.
Decent network has been released today. And i wish the team all the best!!!
