Investment Trends for 2020: Cryptangible Economy
Breaking: Roberto Hroval’s PP8 Industrial Coin
“It was good until it lasted,” we could say for crypto-fiver that was going on mainly in 2017. Nobody knew at the time if Bitcoin, Ethereum and other coins were about to go mainstream – or everything was just a spike.
It turned out that the crypto market acted as a Ponzi scheme: as long as people invested in coins, it went up. When people withdrew their money, coins went down. Very much so.
If we looked at the price of the biggest crypto coins right now, we would notice a big dump. The question of the day is, “If this wasn’t a Ponzi scheme, why every coin is down? Why coins don’t perform more like stocks - hold value as long as the project is healthy, profitable, and is going on according to the roadmap?”
I mean, we can’t say that each and every one of more than 1.500 coins didn’t deliver. But still, even the good ones are down.
There was a theory that this happens because all coins are bonded to the Bitcoin. If you wanted to buy an altcoin, you would need to buy it via Bitcoin. There was a big hope around “fiat gateway” so the coins would act more independently.
It didn’t help. Today is even worse. When Bitcoin goes down, everything goes down with it. When it goes up, altcoins don’t follow it.
So, what is next? Is there any solution (besides waiting for “institutional investors”; this story is a bit stale now and we are tired of it already).
Cryptangible economy: the best chance for the crypto market to regain trust
There is actually one great trend that is going on silently for a year or so. It is called the “crytpangible economy” which is derivative from “crypto” and “tangible”. As the word itself reveals, it is a combination of digital currencies and “brick and mortar” projects.
The term was coined by Roberto Hroval, the founder and chairman of many companies, including PP8 Corp, UK. This company is preparing the first cryptangible economy project that is about to go public. So far, a private sale was successfully executed, aiming for 51 million dollars.
This project is interesting for many reasons. For example, Roberto Hroval won’t issue a classic crypto coin but first industrial coin called PP8. Also, the price of the PP8 coin is predicted for some decades upfront while calculations are based on real numbers. (You can see the numbers in PP8 whitepaper. Unfortunately, due to the private sale, WP is available only to contributors. But the numbers are really impressive!)
How the numbers can be so predictable, you may ask. Well, this is the beauty of cryptangible economy: the project called “Project Phoenix8”will manufacture fuel or electricity from waste. “You put garbage in and get gold out,” say investors, “as simple as that.”
And it really is. The technology is already built and verified by global leaders, contracts with distributors and vendors are signed, the blockchain platform is prepared, etc. Actually, if you type Product reincarnation Technology™–which is the name of the three-patents-ready plant–in Google, you will get thousands of hits; from Stanford and Harvard University, major news networks, TechSparkle, MarketWatch (by Wall Street Journal), Chicago Tribune, World News, etc.
But this is not just my opinion. Erik Voorhees, founder and CEO of a Swiss-based leading instant crypto exchange Shape Shift, says it even better: “For 2020, I’d like to see a perception of crypto assets return back to a balanced state. I’d like to see the quality projects start to be differentiated more clearly from the garbage projects.”
What can be better than a tangible project that solves two world’s big problems - getting cheap energy and degrading ever-increasing waste the green way? I foretell a very bright future for Project Phoenix8 and hope to massively influence the crypto market.