Partner venture company Placeholder Chris Burnick (Chris Burniske) expressed the opinion that a very small number of tokens – no more than 50 – has the application in real life.
As noted Burnick, at the moment the number of investment and other transactions using tokens dropped significantly, and in their place come securities. According to partner venture company in the future, many investors may regret.
“Exactly the same as in 2017, the people regretted that didn’t invest in bitcoin earlier, in 2021 people will regret that did not use tokens,” – he said.
Bernick shares the view of many analysts that the growing cryptocurrency market has attracted many new participants into the industry. And if in 2015 they said that “the blockchain is not bitcoin”, now newcomers believe that “securities may not be tokens”.
Partner venture company noted that 95% of tokens that are on the market simply do not work. However, despite this, investors need to seek out those projects that are carefully thought-out strategy from the very beginning to use the token in real life.
“If the rough estimate, I’d say there are less than 50 tokens that are actually used, and that less than 2.5% of the tokens in the ranking of CoinMarketCap. But these 50 projects is a lot to learn,” said Burnick.
Note that, according to CoinMarketCap, the volume of cryptocurrency trading in some days of February reached the level of may 2018, while the total market capitalization of ICO dropped from $80 billion to $5 billion.
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