Only 36 of the Top 100 Cryptocurrencies Have a "Working Product"

_{Image source: images.google.com}

The crypto currency industry is (unfortunately) characterized by a variety of scam and fraud projects. Projects that rely only on fast money as part of an ICO and then slowly let project die thereafter are not uncommon. The fact that the Invest in Blockchain website took this opportunity to examine which of the top 100 cryptocurrencies is a "working product" by market capitalization, d. H. have a working product.

The website had already carried out the same investigation in 2017. The study for 2018 concluded that only 36 of the top 100 cryptocurrencies have a "working product". The authors of the research agree that "it is important to define exactly what constitutes a working product." The introduction to the study states that starting a simple open-source blockchain is not a very big challenge, which is why the criteria have been set slightly stricter.

The investigation therefore assessed the status of each project, reviewed its roadmap, reviewed its release history, and compared the completed features with what the team promised to deliver in the future. In other words, the mere existence of a product does not necessarily mean that the product works. The authors also write:

"However, we have decided not to consider projects that are not really used, which means that most of the recently introduced mainnets do not yet meet our criteria."

For example, according to the authors of the study, a Dapp platform with a mainnet does not meet the requirements if it has no significant dapps.

_{Read more: investinblockchain.com}