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RE: Why the Broke and Rich need Steemit and Other Cryptocurrencies (Bitshares, EOS, Elyte.io ) by appone

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· @appone ·
My thought is "buy quality cryptos and be patient"
Here is what I look for:
1 – look for a strong team with experience
2 – are they planning to or in the process of solving a real-world problem
3 – is the project transparent, accountable and active
4 – is there a clear understandable and on point whitepaper
5 – do they have a road map and are they following it
6 – are milestones set and achieved
7 – have they been accepted by large and reputable exchanges
8 – have they made partners in the business arena or are they actively pursuing same
9 – is their token truly needed for their project and not just a funding venue
10 – are they compliant and looking to be compliant and avoid legal troubles
11 – is there a large enough market for the project to be viable long term
12 – use critical thinking and look to find obstacles against their success
13 – is there energy, excitement and marketing effort being put forth and not just hype
14 – is there enough community support for the project to have it reach critical mass
15 – is the financing model flawed (such as pre-mined and mostly centralized, and/or highly inflationary)
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@alinhimself ·
And which would be those quality cryptos at the moment? Just curious on your thoughts?
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@appone ·
There are several that have the qualities described. The fact that they are tanking at the moment does not change the fundamentals. A few examples are Etherium, Stellar, Icon, Cardano and NEO.
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@alinhimself ·
I agree with you, tough I have to document more on Icon. I would also add EOS.
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