There will come a time when blockchain projects will need to move from speculation to utility-driven valuations.
If they cannot scale or fulfill the promises detailed in their white paper, the market will disregard them and move on accordingly. How many popular altcoins currently in the top 100 by market cap can or will scale while remaining secure against the barrage of attacks yet to come…?
There are now over 1,000 cryptocurrencies and tokens listed on Coinmarketcap.com, with countless others going unnoticed, but how many of these cryptocurrencies have managed to survive the 2018 bear market when the likes of Bitcoin and Ethereum (arguably the digital reserves of the space) have struggled to maintain their market caps since January…
Several months ago, reports highlighted that almost half of ICO projects had already failed. In recent days, new data from websites cataloguing cryptocurrency data revealed that the purge of weaker and smaller blockchain projects is still ongoing.
Hundreds of Failed Projects (Scams Included)
Find out which ones here >> https://crushthestreet.com/articles/digital-currencies/great-altcoin-ico-purge-hundreds-projects-dead-2018