Update From Onem (mCoin) Utility Value First

The need for proving utility value before listing on exchanges.
The decline of the cryptocurrency market from a market value of $800 billion to $100 billion demonstrates clearly that listing a cryptocurrency for trading without achieving a solid foundation for success will result in ultimate failure. There are about 800 failed digital crypto tokens in 2018 that have either been abandoned by their founders, were a scam, and/or their website is dead. There are more than 50 exchanges that have either shut down or have suffered serious operational
problems.
The cryptocurrency market has evolved and matured in such a way that more than ever only those genuine cryptocurrencies that can provide a sustainable utility will have a chance to become significant players in this new market.Thus returning high return on investment for coin holders.
During the height of the cryptocurrency craze exchanges provided the perfect platform for ICO’s that had no long term plan other than to list their coin on exchanges and exit. Many people made money and many lost and ultimately those cryptocurrencies that banked on pure speculation simply disappeared as soon as the market hype dissipated.
The days of speculative cryptocurrency buying on exchanges are over and any cryptocurrency that thinks to list without having a sustainable utility will simply lose its value and join the ranks of dead coins.
Even tokens that had good business plans who rushed to list on exchanges ended up failing. The evidence is clear, coinmarketcap.com demonstrates this point well as all of those coins who listed in 2018 lost at least 90% of their value.

Why mCoin qualifies as a genuine utility token?
The mCoin team has been working tirelessly on creating sustainable utility rather than wasting resources and risking failure by listing too early....
To read more Click here

Comments

  1. I've never had anything to do with virtual currency and I'm of the opinion that I won't have it soon. At the moment, I'm most interested in currency exchange via the online currency exchange office because I know that in this case I can get much higher exchange rates.

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