13 facts about the wild world of blockchain and cryptocurrency
Many would like to know what is happening in the wild world of blockchain and cryptocurrency in fact.
Are all 13 facts familiar to you?
Fact 1. The professional IT world has not come to this area.
The main contingent of the blockchain is gentlemen of fortune. Random people with a dubious reputation and driven by greed got at their disposal capital disproportionate to their level of development. For example, the situation is quite real when a person has thought up everything to himself, but positions himself as an expert and investor. He makes appointments in restaurants, speaks keywords, and to direct questions about his background, he says, "well, my profile speaks for itself." The profile contains non-existent companies with names like “Technologies of your business” or “Goldman Asket Management INC.”
Fact 2.New idols are growing.
Random geeks who didn’t buy pizza for cue balls, desperate programmers, launched the first exchanges, retrained traders who sell blockchain-based tokens and all others who carry faith in the new era of technology. Many of them by virtue of time receive invaluable bits of experience and all knowledge is stored in their head. Everything they say is caught by the audience like manna from heaven. We are waiting for the appearance of infobizov.
Photo credits : dollarsandsense.my
Fact 3. The old approach to evaluating companies does not work, there is no new one yet.
People ask - how many companies you brought to the stock exchange, where is your website, give three recommendations. Almost no one has this, almost no one had time. People flock from different professions and retrain at their own expense. Those who have experience of carrying ico inside and out have already spent their time, and ride Ferrari around Singapore.
Fact 4. In fact, no one understands anything yet and success in most cases is accidental.
Some people scream about MMM with amazing malice, others are already giving interviews at RBC and are sitting in the State Duma, someone quietly makes X and enjoys life, but in general there are no experts yet. Basically, these are people who want to occupy all spheres at the top right away, until somewhere they shoot. Few people have a clear and understandable development strategy. For example, I know a lawyer who, having gone to a conference in Switzerland, raised the rate from 4tr per hour to 40tr per hour. And he has 3-4 clients with whom he opens a fund and advises on access to ico.
Fact 5. The press shoots indiscriminately and does not even try to penetrate seriously.
NTV has taken this topic into service. BizFM discuss some kind of game. Fade ears, dry tomatoes from the comments of economists and lawyers. My friend involved in building farms was shown on NTV, cutting off all the important words, and placed next to her grandmother who sells the crypt. I received a call from good morning and asked to tell us about the reportage of how neural networks and blockchains track our geolocation. Epic! But this is only the beginning, because Business Youth with the face of Osipov and Dashkyev has not yet learned that it is possible to sell not Lendos with Direct, but exits on ico!
Fact 6. Lack of every kind of customer service.
Just like in the hotels and bars of the Wild West, the logic of "pay and wali." I literally saw a guy who takes a million rubles for consulting, writing to the client literally “There is no website, there is a desire to explain something for a long time too. I have three ico companies per day in the queue. Either pay 20btc (60k euro), or go further. ”
Fact 7. Extremely low quality educational offline courses.
In general, I found only three courses on the market. DigitalOctober - there are three hours of His Holiness Sasha Ivanov, the founder of Waves, worth 90tr. I talked with several graduates - everything is at the level of elementary classes, there is no support after the courses. If you are lucky, you can have time to ask a question.
Fact 8.
White-collar workers look with disdain.
Many financiers and venture funds, white-collar workers from the real sector look at it with a sense of disdain and view this orgy as England once looked at the desire of the United States to be independent.
It seems to them that this is a kind of misunderstanding, and a performance of 1000% in six months is a temporary success. Therefore, in the world of the crypt there are no large capitals. Neither the whales nor the elephants have sailed and flooded. The largest fund is $ 50 million.
Fact 9.
Venture investors and managers are a bit shocking.
They suddenly suddenly stop feeling like the navel of the world. What have we debated with my friend, who assured that investors and funds only look at unit-economy.
In my opinion, to show a unit-economy, there is every chance to go through 9 circles of humiliation - with constant interruption, transfer of time and place of meetings, requests to repaint the presentation in black and white for “the secretary is inconvenient to print it” and so on. In general, the model, of course, is ideal for angel investing. You sell a crazy risk to thousands of people for micro sums, and not for one unfortunate Igor Ryabenky or another angel, for millions of USD.
Fact 10. Those who are actually doing something are all fired.
While it is not visible clear and precise laws in the Russian Federation, they prefer to communicate in person and not advertise their occupation.
The market has renewed itself. In Moscow time the bags of dubious and smelly cash, which change to cues. Meet in banks. I will not draw a scheme, it is not difficult to imagine it in my head. Even quite media characters are doing this.
Fact 11. Crazy money hurts the market.
Personally, I expect when it will all open up a bit: someone will be planted, put in golf clubs, someone will run away with the money, and the market will adjust, return to the natural course of development. Perhaps it will be every six months or a year. Not a single ico company needs $ 250 million received in one day to make a dibil messenger on the air from geeks for geeks. For this, $ 0.5-1 million over time and more favorable conditions for holders of tokens as project angels are sufficient.
Fact 12. Perspective in the real sector
The real perspective for the crypt and ICO, in my opinion, is the real sector (pharma, industry and other high technologies), venture capital funds with their expertise and computer online games.
In the first case, the volatility of the tokens will be low : news noise and bubbles will have almost no effect on the understandable business plan and plans for marketing products or distributing the patented technology.
In the second case, everything is clear as a whole - Start has already collected its $ 5 million .
In the third case, we are waiting for a revolution - when the game currency is tied directly and officially through the crypt with the currency of the present. He ran as an engineer in WWII, got obsidian, sold it on the market and took the girl to the store and to the movies. Or bought her a Mercedes if your obsidian is purified.
Fact 13. In five years, the crypt and decentralization will cover the globe with a copper basin.
Everything will change: voting systems, management systems, communication methods, ethical views and even football may become less popular.
Our task is to carry out direct and honest communication in the market and pay only for professionalism. I hope someone understood at least something!