Since the birth of the block chain, market by ICOM, the International Maritime Organization, IEO and other methods of harvesting the "leeks." At the same time, it also brings a lot of investment opportunities for ordinary people, overnight riches myth is not uncommon. With the development of block chain industry, more and more investment opportunities put in front of investors. However, how could we not have a leek harvest it? How to choose a valuable block chain grassroots projects to invest in? Aviation currency, monetary model and the value of money can really invest it?
Before answering these questions, the first thing investors should do is know who they are and who they are.
Bitcoin White Paper from the point of view, the Bitcoin system creates a point to point electronic cash system, the system uses cryptography and other technologies to prevent duplicate transaction expenses. It has its own internal logic and application scenarios. However, Bitcoin http://www.gendan5.com/digitalcurrency/btc.html system entirely on their own system, a closed system is a self-contained, rather than based on real-life scenarios. Therefore, in practical application, Bitcoin has no intrinsic value, is fully consistent with the definition of aviation currency project.
Gold also! If its intrinsic value, gold is the longest duration of human history aviation currency. Gold production in the industry and does have some value, but its value is far below its own price. Maybe some people say that gold has its beautiful value, such as making jewelry to show the noble, or for other decorative purposes. However, if the price of gold is not so high, someone will do it for gold jewelry or decorations? If you do not have enough people and enough of the country to believe that gold is valuable, so long ago the price of gold should return to its own industry and production values, but does not produce such a high premium in the world.
In fact, the value of aviation money does not mean money itself has intrinsic value. Its value from the collective consensus of mankind, its value depends on the number and extent of the trust's trust. When the consensus is broken, the price of aviation currency will collapse immediately. The history of the tulip bubble and the South Sea Bubble is the case.
For ordinary investors, because they do not have the professional analytical skills, professional investment knowledge and investment vehicles, aviation monetary items generally do not have investment value. From the point of view of the whole of human history, such as Bitcoin has no intrinsic value but high premium item too rare.
If we do not care about the difference between investment and speculation concept, any aviation currency project professional investors, especially quantitative traders have investment value. They use specialized tools to better understand the nature of human speculation, the operation of these coin price change in space and two-way multi-band and get their speculative value from speculative others. In other words, in the investment process aviation monetary items, these professional investors actually act as ordinary investors cut chives. Of course, professional investors are also likely to be laid off.
What are the characteristics block chain project is?
For ease of analysis, we will block all the chain's merchandise trade is classified as block chain. Compared with the previous project, the project depends not only on its block chain uses a technology concept or block chain block chain. From the financing point of view, we will project all channels through domestic laws and regulations prohibit (such as ICOM, the International Maritime Organization and IEO) financing of the project as a block chain.
In the past, in addition to the illegal financing of projects, financing most of the projects are aimed at qualified investors or institutional investors, with little direct financing channels open to ordinary people. Therefore, from a legal point of view, this for non-specific populations, many of the participants in the existence of an illegal block chain project financing. Of course, those using the block chain block chain concepts and techniques but there is no question of illegal financing projects through the traditional channels of financing, but also included in the value of our investment analysis.
Block chain project properties
block chain through consistent throughout the distribution network and redundant data, giving each individual an equal status and participation of the same capacity, which in itself is an subversive force. On this basis, it is possible to rebuild their lives and social governance structure of production order of human society. So, in essence, block chain is not just a technical activity, but also a social transformation project with a strong utopian, which combines business process reengineering, production processes and reconstruction Life of human order .
This disruptive influence block chain itself and inherit from a large project down the block chain practices in the previous wave outlet, block chain project is significantly different from traditional project. Details are as follows:
The overall pattern block chain project is particularly large. Traditional items are usually based on a link or scenes of human society, economy, culture and life of the problems or pain points, and through technological innovation to improve efficiency, or user experience. However, the block chain projects often change the world or reconstruction of the social, economic, cultural and daily life, rarely starting at a particular part or scene.
Project financing target block chain is particularly large. Traditional project cornerstone angel round or rounds, raising very few tens of millions, usually between several hundred thousand to several million dollars. However, many projects are often only able to block chains raised tens of millions or even billion yuan or an equivalent monetary encrypted with a white paper.
Block chain projects are usually funded by the General Certificate. Traditional project financing is usually by way of transfer of shares. Phase of the project, share valuation and transfer of shares can be clearly identified and calculated. Most block chain projects are designed and implemented with the certificate. They used directly IPO secondary market financing mode, there is no public offering of qualifications for the first time, the concept of stock is rarely included.
Block chain project from the outset attached great importance to community work. In the early stages of the traditional items, raising most of the funds will be used for the construction and development of the project itself. Even the direct consumption of products or services for end-users, it is rarely used when a large number of fund-raising project began to mobilize consumers. However, most of the block chain using most of its resources in the project design to permit communities to establish and maintain operations community has become the main source of funds. By pass design, investment and consumption two roles into one, but the proportion of self-construction and development projects for extremely low.
Block chain financing project almost in one step. The traditional project financing is generally divided into round seed, angel round, a round and round b, c until the wheel, d and e wheel round, eventually public offering (IPO) in the first merger or listing. Each round of financing will take a long time interval. Before the next round of financing, there is a greater need to implement a business model to further the process of landing, greater technological breakthroughs, as well as income or expected. However, the block chain project financing in pursuit of one-stop financing, which is basically equivalent to direct initial public offering in the project. Compared with traditional venture capital logic, which is equivalent to a cash outlay fund seed stage projects. Due to lack of supervision and information disclosure system, the operating risk faced by self-evident.