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Pretty much all the major analysts have warned against Aptos. Even the major crypto YouTubers keep smashing it.

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by COINS NEWS 70 Views

Pretty much all the major analysts have warned against Aptos. Even the major crypto YouTubers keep smashing it.

The launch of Aptos last week was ...somewhat... meh... for Aptos. But mostly, I think they will view it as successful because it didn't simply plummet to nothing like say, ICP did.

There are massive allegations flying around about the dangers and concerning issues of this new chain. It seems that pretty much every investment right now is based on nothing more than speculation.

Stock reports all discussed it prior to, and post launch. CryptoSlate, Bus Insider, Decrypt all analysed on it. NASDAQ listed a fairly good summary of the lack of fanfare. Most of the major crypto Youtubers - CoinBureau, Coinsider, InvestAnswers, Ben Cowan, Digital Asset News, CTO Larsson, etc. They've all warned against it.

Yesterday's video by Guy from CoinBureau was one of the best one's yet.

Aptos Concerns

The biggest issues most people have:

  • Where the f... are the tokenomics? Who owns what already?
  • Team that built Aptos also buitl Diem ...which is dead.
  • It seems to be a planned dump by Venture Capitalists one year from now.
  • Biggest investment from FTX
  • Social media servers and channels being ignored or shut off to stop people voicing issues.
  • The main goals of Aptos seems to be ...?
  • Promised 100,000 TPS ...but closer to 4 TPS
  • No interoperability
  • Extreme Centralisation
  • Ticks every box as a security

You should always do your own research. But I guess that can be hard when a major new blockchain doesn't provide any of the information to read?

submitted by /u/gnarley_quinn
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