Before starting reasoning the title of this post I would like to describe today’s coin market. There are a lot of coins and startups that have great ideas but, they have nothing to sell yet. If I would say to you that, I have great idea to create first searching system in blockchain similar to the google, you will most probably laugh at me.
Todays, coin market looks like Kickstarters or Indiegogo. Majority of project has great ideas but, no action. However, people still investing on coins, as they do care about volatility of trends and get money out of it, no matter how great idea is, they do care about volatility of trends only. That is of course wrong. Let me bring another funny example to describe today’s coin market.
Once upon a time there was cunning tailor who came to king’s castle with intention to sew him the most expensive dress in the kingdom by doing nothing. He said to king :
-My lord I will saw you a dress which will look like nothing to those who doesn’t love and adore you; only you will see it as a transparent. This will help you to find out betrayers.
– How much coin you want for this the king asked?
-10.000 gold coins my lord tailor said and I will finish it after a month.
King ordered to give 10.000 gold coins to tailor and send him out of castle. Tailor came to home and started to spend gold coins all over the month. He even didn’t think about starting to saw dress that he promised to the king. After a month he came with nothing on his hand pretending that he is carrying a dress. King said angrily:
-Is that my dress ? It looks like nothing!
– My lord I told you that it will look like transparent to you and to those who doesn’t adore and love you. However, for those who does love you, this dress will look like the most expensive and the finest dress ever, mentioned tailor.
Then he pretended like helping to king to get wear his new dress. My lord you look very handsome and smart on this dress isn’t it? said tailor and looked around to king’s servants. All servants started confirm tailors word and …
So, the majority of coin projects are same as this funny story but, I would like to underpin NXT as an exception. I don’t wanna talk more about NXT features which can be easily accessed in officially site. However, it will be worthwhile for readers to know below points which tell me the future of NXT is bright.
NXT is planning to be Crowd Funding Platform. That means that it will be KICKSTARTERS of blockchain world. Is Kickstarters successful project? Just do a quick research in the internet and it should not be hard to figure it out. Moreover, imagine if you hold NXT every new coin start-up projects will give you free airdrops. The crowdfunding projects conducted in NXT so far are NEM, SIA, ADEL and JANUS and most recently IGNIS.
Classic ICO Platform the best example will be Jelurida. The NXT platform is ready to conduct ICOs in a similar manner for other projects. If you were part of IGNIS airdrop you know what you can earn by buying NXT holding it for next ICO event.
And the last but not least is NXT Blockchain Creation Kit which allows potential entrepreneurs to create their own coins and blockchain by using proven in use NXT experience. Remember 10% of every new tokens created in NXT will be distributed to NXT holders. Not a bad deal right?
In the end I would like to mention that you are living in a revolution period which the last time same happened in 90’s with invention of internet. Now, it is time for blockchains technology. Remember, it is not just sending and receiving money blockchain is far more bigger than you see! Use the opportunity and invest on future Google, Ebay, Paypal …