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Can you explain a crypto project in 3 sentences or less?

All Cryptocurrencies

by COINS NEWS 193 Views

Most comments within this community are just the name of a crypto coin, perhaps with some additional "information" like 'x100 gem', 'undervalued', 'best one imo'. No-one really talks about the usecases these coins solve.

I believe you can recognize projects that'll become widely adopted by how easy it is to explain their product & usecase. If you can't explain what problem a project solves, or what added value the product brings, in 3 sentences or less, then I highly doubt the project has a future in 5 to 10 years. A product should solve a previously unsolved problem, or add previously unseen value to an existing usecase, plus must be super easy to use, for it to become widely adopted by the general non-tech-savvy public.

So here's my question/challenge for you all; Can you explain a crypto project (your favourite or not) in 3 sentences or less? Or basically; What would you give as the elevator pitch of the project that springs to mind for you?

To give you an idea of what an elevator pitch should look like, here's my attempt for GET Protocol:

"GET Protocol is a ticketing protocol that aims to become the worldwide ticketing standard for right of entrance. It solves existing problems within the ticketing industry, like scalping and lack of transparancy. It adds value for every party involved; scalpfree tickets for the fans, closer bonds with the fans for artists, and more insight into customers/fans for the venues and artists."

submitted by /u/Jeronemoo
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