Cryptocurrencies are too often associated with fraudulent activities and scam opportunities. I see in the Cryptocurrencies market a huge possibility to innovate the world as we now know and bring lots of logical processes to another level.
Have you ever heard about Smart Contract? I love this concept. Something trained and made just to fulfill tasks and speed up slow processes and decisions. ICO is the way to bring smart contracts to a huge adoption thanks to the thousands of different ICOs that are still borning and running.
Take care. An ICO investment has a risk grade equal to every other start-up investment. Besides, ICO has been associated for months to a Gold Rush, but that was just the Bitcoin bull market that was pushing up the price of almost every single token.
Nowadays, investment in ICOs is a little bit trickier, since the market is not so generous as at the end of 2017 and 2018. Many ICOs do not reach the Soft Cap, and others who reach, they simply had a great marketing plan but no entrepreneurial experience to develop properly the project. What may be the result then? A great bubble that scares newbies of the field and discourages others to keep pushing the development of this technology.
So what may be the forecast for the next future? I guess that once Bitcoin and other major cryptos will be adopted from several providers and big payment companies, plus their technology will show up in different business fields such as IT, Finance, Real Estate, I guess that pronouncing the price of Bitcoin will be hard because of the number of zeros.
Be careful but keep an eye on it!