Hello Steemers,
All investing is a form of speculation. Often speculation is associated with higher risk, but since risk always exists, speculation goes with the game. Yet, it is important to remember there are other ways to see gains, such as creating value.
In Crypto, there are various methods we can employ to create value.
- Improved/new technology
- Marketing
- Use cases for crypto
- Garnering more users for a crypto
- Less loved by me is fad coins, but you can certainly ride up a fad coin like Doge in its day
Some time ago, I was sharing my portfolio holdings in a video. In that video, I had a brief note that I held 2% of my holdings in Wyvern. I never really discussed the coin beyond that brief comment, and some my viewers asked, "What is Wyvern?"
https://coinmarketcap.com/currencies/wyvern/
Wyvern is a coin I spotted during a livestream some time ago, as a possible candidate that had some good things going for it. Since then, the lead developer has gone MIA. What I liked about Wyvern then was the branding and also the unique mining algorithm it employs. I also liked their roadmap, but now that the lead developer is MIA, I do not expect to see that roadmap continue.
After chatting with the 2nd in charge of Wyvern, a developer for the coin, I decided to continue with this project in hopes of saving this coin. For one, there were some initial investors that forked over about 60k. For two, it is a decent project that I do not want to see fail, so rather than bury my project which utilizes the coin, I decided to go public with it and continue development.
My project is as follows, to create a game which utilizes Wyvern coin for micro-payments. In that it gives a use case for Wyvern, and creates value for the coin.
Now the purpose of this post is not to cover this coin as an investment. This is a conflict of interest to do that. However, in my bias for the coin, I am attempting to garner attention to the project. I was considering waiting until my project was done to see how that turns out, before I let any of my viewers know. Yet, with the coin on the brink of death, I thought now I was the time to give it some attention.
It is also a way to spur your thinking on how you can create value, rather than just trading crypto.
Interested in Participating with Wyvern Coin Project?
- colonel_clink needs probono developers if anyone is interested - https://projectwyvern.slack.com/messages
- If you're interested in adding value to the coin you could start your own project
Interested in helping with my project?
- I need some 64x64 sprites, about 5 initially, and a fancy board design. I can do some sprite art myself, but with spending my time on the code, it leaves less time for making art. If you can do decent art, I can pay some in Steem.
Time to get back to work for me!