With 2018 behind us (thank god its over) and the bears in full control the entire year we now have entered 2019 with a somewhat positive market.
These are security backed tokens, unlike ICO’s which 99 percent of the time raise money by selling a useless token STO’s will be backed by an underlying asset AKA you own a portion of the business. Dice token is sorta like and STO as they pay you dividends of the companies profits but you dont actually own any of the business.
With the wave of STO’s to come i think it will be exactly like the ICO boom, scammers will be selling a portion of a business that is just a promise and probably will just run any with your money. Then there will be the legit STO’s but these will be made up of developers that are flogging off unsold apartments for way more then they are worth and also businesses that are terrible doing the same thing. 2020 i think they will to settle down and good businesses will start using them.
EOS 1 million active uses
I think EOS will have over 1 million active uses, 2018 was the start of EOS and most developers haven’t had time to build out quality dapps, these will start flooding in in mid to late 2019, plus the integration of community wallets so people who dont care about blockchain will be using EOS without knowing they are. EOS will be 2 or 3 on marketcap 🙂
Think it will be pretty volatile and it will only have any large gains if an ETF is approved which i dont think will happen in 2019. Lightening network starts getting adopted. Bitcoin to remain king.
Will get a good run for its money this year from the likes of EOS and Tron, if it can scale that will be very interesting but i dont think it will in 2019.
Interesting year ahead. The ever looming Steemit 2.0 on the horizon, it will be interesting to see if Trybe can find its own niche. I think once Trybe has its mobile app and maybe some more user cases for the token it will see some good growth.
My Crypto plans
hodl hodl hodl im in for the long term. Keep active in the EOS community and play alot of EOS based games.
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This is not professional financial advice please do your own research before making any investments.Your Remaining Votes (within 24hrs) : 10 of 10