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Update 179-is-everything-better-on-the-blockchain.md

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James Biller 2018-08-15 11:56:14 -04:00 • committed by GitHub
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content/news/179-is-everything-better-on-the-blockchain.md
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@ -5,7 +5,7 @@ date: '2018-08-15 08:08:08'
cover: 'lex-amit.jpg'
category: blog
---
It’s 2018 and everyone’s scrambling to be "on the blockchain".
It’s 2018 and everyone’s scrambling to be the first to put something "on the blockchain".
A few strange examples include the following:
@ -35,7 +35,7 @@ Note that these coins were picked randomly and that there are MANY more cryptocu
There are a number of telling signs from the home page of each coin’s respective website that these projects are attempting to cash in on the hype of blockchain. I’ll cover 3 red flags for each site and analyze the "value" of their project.
1. All Sports ($SOC)
## Are sports better on the blockchain?
![All Sports Coin](https://staging.spee.ch/d389f79f88b7008508f71f4964e9b5f858ad91c0/soc-coin.png)
@ -61,6 +61,8 @@ If there was one solution they might’ve been offering it would be the a decent
The creators of SOC seem to take for granted that the sports industry needs its own blockchain, and that having a couple of famous soccer player faces on the front page of the website will surely be a way to draw speculators to invest in their token. This is the sport of pump and dump, and you have to be a bad sport to play it.
## Is gaming better on the blockchain?
![Game.com](https://staging.spee.ch/9fdb30146b3a78c6dffdb78edc95f16c29b38743/game-coin.png)
Red flags:
@ -89,6 +91,8 @@ Me losing a game of Animal Tower (not on the blockchain).
I think me going to download the game in the iOS store and having a successful experience (or unsuccessful considering I was pretty bad at it) demonstrates that most games probably won’t have much of a reason to be on the blockchain unless there’s value in having a decentralized ledger for the gaming experience.
## Is marijuana better on the blockchain?
![PotCoin Page](https://spee.ch/d08289202108536390d5731c720d883a2c33f265/potcoin-page.png)
Red flags: