The reason so many people are scared about the currenct cryptocurrency economy is because so many companies have raised fund but only a few have developed a actual product or business that can be used today. 90% tokens on coin market cap or ICOs coming every week are not more than a mere future promise. It s become so easy for today to raise fund and ask for investment just by building a white paper and a nice website. many traditional business envy the fund are raised so effortlessly today where as traditional market it takes real struggle to raise even a penny. with so much of funds going into this space , what do you think will be the ratio of these start ups that will exist in future. will be interesting to see. 
author | shiv123 |
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permlink | building-everything-on-blockchain-but-having-no-use-case |
category | steemit |
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created | 2017-08-31 12:23:54 |
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