Introduction: Why looking at Crypto at all ?
I had written first about Bitcoin in September 2016, when 1 Bitcoin was around 1000 USD. I always had an academic interest because the original idea and the execution of a decentralized decision making system has been a great achievement in itself. You’ll find an attempt to describe Bitcoin and Blockchain here from September 2017.
In November 2017 I made the following observation:
In my opinion, the current Cryptocraze is much more like the South Sea bubble than the Tulip mania.
Underlying the current Crypto currency mania in my opinion is a fundamental new way how to raise capital for and create a new type of decentralized organization.
Clearly the then prominent ICOs were mostly complete garbage or outright theft, such as Wysker or the Naga Coin.
However, four years later, Crypto is booming again and the big currencies are more “valuable” than ever before and there is a “Cambrian explosion” of activity all over the Crypto space.
So I decided to have another look at the Crpyto mainly to educate myself on new Crypto currencies but also on “second generation” activities such as Staking, DAOs, DeFi and NFTs.
Maybe it is of interest to some readers, maybe not, but I do think it makes sense to understand a little bit the evolution in this space. Just to be clear: I don’t think that the space is “investable” as such, however part of the infrastructure that is created now might have impacts on other parts of the economy and society.
So let’s kick it off with looking at the main 20+ Crypto currencies according to “market cap” according to coinmarketcap.com.
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value and opportunity 