With various new cryptocurrencies spinging up every week the investor community is looking for credible team and business model that increasingly become the crucial consideration factors on the viability of these coins.
A lot these ICOs are backed by developers who do not have any commercial track-record of success. Many of them of no business experience. If the digital currency is about a business application I definitely think past experience of success is very important.
Nitro is backed by a listed game company that has shareholders that include Baidu (USD60 billion market-cap Chinese internet company) , IncubateFund (early stage Japanese VC backed by Tencent) and listed venture builder Fatfish Internet Group. From the perspective of business credential this is rare.
Its time for the ICO community to make sound and mature investment, instead of speculating which could be the next ether coin. I am backing Nitro (http://www.nitro.live) because it has a credible business behind it, not some random strangers with zero track record in business.
Bounty is available from Nitro at https://www.nitro.live/bounty/
