Some ideas for niche investment strategies in the crypto asset class. These are my focus when investing.
China: the majority of high market cap coins are based in Europe or America. Teams are distributed but their main team members are in these two areas. China has 1.2B people; its economy is 60% that of the US in GDP. It is sorely under-represented among the largest coins. This has to change. Especially because China’s government prefers Chinese companies to lead in its Internet economy (see: Alibaba, Baidu, Tencent). This means look out for: Neo, WaltonChain, Binance, Loopring and CN ICO’s.
Infrastructure: We are in early days of crypto. Basic things like transaction speed and blockchain interoperability are broad problems yet to be solved. 5-10 years from now, the foundation will be in place & the focus will be more on applications. But today, those companies that develop the ‘plumbing’ of blockchain & who will be indispensable going forward are still emerging. Look out for: Raiden, Polkadot, Wanchain and similar projects.
Data: Crypto enables a unique model where individuals own their own data; can maintain it in accessible but private way. The notion of cryptocurrency tokens makes it easier for a data supplier (an average person) to get paid by a data-user (ie: biopharmaceutical company wanting to collect a data set of people with a certain disease). Blockchains and crypto can facilitate the organization of needed data sets for Artificial Intelligence, Machine Learning, Medical Research and much more. These data-centered blockchains will have a network effect; as more data is in one platform (ie: Doc.AI which collects medical information), more medical researchers will want to leverage it. Which means the users will get paid more for providing their data. And so on… . A company like Doc.AI provides a mobile app for people to provide their data. It’s a simple process to get involved. And there are financial incentives. Those who get a headstart in certain data verticals could be worth a great deal tomorrow. Doc.AI, Starmine.AI are examples, but keep an eye out for promising teams in this space.
Congratulations @bdonovan! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOP