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Five Ways To Tell If A Crypto Token Has Merit

by Forbes Middle East Forbes Middle East - Business News
Many initial coin offerings (ICOs) were tickets to quick riches in 2017. Take a token called Statusit was issued in June, raised about $100 million and soared 1,200% within six months.
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Its easy to get excited by cryptos surging prices. But now that the market has corrected somewhat and its clear that tokens both rise and fall, its prudent to determine whether the virtual asset youre buying has merit and utility in the real world.
One metric that can be helpful, according to Burniske and Tartar, is the Code Repository Points shown on CryptoCompare.com. A crypto coin earns points when a Github user stars its code to bookmark it or show appreciation. Points are also earned when developers fork the code, or copy it and use it as the foundation for their own crypto network.

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Created on Feb 27th 2018 01:04. Viewed 285 times.

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