ICOs are on the fall
Summer on blockchain markets was pretty calm, especially, if we are talking about the ICOs. Some of experts connect it with vacation period, while others are trying to say that blockchain is dying, but this kind of people keep saying it every time when major cryptocurrencies face some difficulties. The fact is that now you need to watch for investment opportunities more carefully, just because there are a lot of scammers and copies on the market. And, of course, try not to send your money to team that thinks about implementing blockchain somewhere, where there is no need in blockchain at all.
Now, when we understand, what kinds of companies should not attract your attention, let us try to find out what features are obligatory for modern project that is trying to get some money via tokens. Most of them are pretty similar, but you need to mention several special things that connect all the successful cases.
• Part of the market, where new project is going to appear, is new or young. We saw a lot of cases, when teams are trying to implement blockchain in field that works great without blockchain. Sometimes it may even solve several issues, but the scale of mentioned issues is slightly lower than teams say. The result of such action could be described by one great quote: “Sound great, doesn’t work”.
• Demand for the product must be long-term. Nobody would like to invest big money into short-term company, because every experienced investor know that only long-term project could give good profit. For instance, we have seen several projects that are going to develop technology for several years, but they do not understand that demand would decrease during this period of time. Alternatively, they do understand, but try to lie to their token holders. However, cryptocurrency investments need your attention, especially in our time, when hundreds of new ICOs appear every day, but sometimes it is better to invest in project, which had already passed ICO stage.
• Teams understand the required field and provide us with accurate data. Team that do not have experience is not able to create project, it is obvious. Nevertheless, some of people do not understand the market, so they do not pay attention to this part and lose money by making wrong investments. One more part is fake reports about possible popularity of certain token. Everybody keeps telling you the story of Bitcoin, but the truth is that BTC is unique. It means that there will be more successful projects, but cryptos that are trying to copy BTC are doomed to failure.
• Strategic partnerships are important, but not necessary. However, if people from Wall Street want to invest money in project, you should pay attention to it. But do not forget about possibility of fake agreements and check all the information twice.
Great opportunities and where to find them
Since we had spend several weeks studying the upcoming ICOs and their predecessors, which was successful, to find out main features, we are sure about our decision to invest in Nebula AI. This project not only matches all requirements, but also trying to promote very interesting, even revolutionary ideas.
It is obvious that AI is going to become eternal parts of your lives, but you do not know nothing about problems with AI development. Researchers need more calculating facilities and these facilities are too expensive. It means that humanity could already create great AI, which is able to solve almost any task, but we do not have enough capacity. Nebula AI is going to create place, where scientists, doctors, finances and other people could invent and train their own AI. As far as I can see, humanity never had such opportunity before. Since Nebula AI is decentralized and running on blockchain, there is no chance of stealing your data.
NBAI is the token, which be the only possible payment method within Nebula AI ecosystem. Even if you are going to use the app, which is written with help of Nebula AI, you need to make internal payments with NBAI. In addition, growth of popularity of Nebula AI will cause the growth of demand of tokens on external market, so you can make profit, if you are going to buy NBAI in the nearest future. To find out more about NBAI check their website. This is your chance!
Website: http://nbai.io/
linkedin: http://linkedin.com/company/nebula-ai/
Author smutexar: https://bitcointalk.org/index.php?action=profile;u=1334788