As this era of blockchain technology gets more universally accepted due to its benefits, it is still not without it's own unique problems. While many projects have delivered on their promises during the ICO stage, some of them have indeed gone AWOL.
It is therefore imperative for potential investors to be able to tell what sort of project they are investing in. They need to make sure that their hard-earned cash is going into the right hands who will steer the project towards success.
One major determinant of a project's future success is the team behind it. They are the originators of the idea and the prime movers. Their actions and reputation is the bank of the project.
Therefore, every potential investor or crypto enthusiast who wants to be part of a new blockchain should ask the following questions about the team?
- Are they reputable men and women or are they get-rich-quick masterminds?
- Do they have a track record of success in similar business models or do they have a string of failures to their name?
- How convincing is their whitepaper?
- Are they solving a societal problem?
- Do they have a clear path of vision towards their goals?
- What have they done so far?
- Any visible or released prototype of the model they are proposing?
- Who are their business partners and sponsors?
There are definitely many more questions to examine but for the purposes of this writeup we will keep it simple and straightforward.
DECENTERNET'S TEAM
DNet's entire vision is to decentralize the internet thus purging the centralized service providers and data managers with the aid of blockchain technology. This will be achieved through blockchain-enabled Osiris Browser, Liberty Search Engine, Anuvys operating system and the Spyce Cryptocurrency. Read more here.
We cannot start describing the forces behind any project without examining the very top -the founders. In Decenternet, one individual absolutely stands out as the genius from which many of the concepts emanate.
FOUNDER - SEAN KIM
Sean Kim is described in DNet Website as Founder and Visionary Think Tank of Decenternet, Co-Founder Visionary of Anuvys Meta-Corporation and the Decentralized World Movement For Liberty and Freedom. How's that for a great portfolio?
He's a South-Korean serial enterpreneur and Cryptocurrency community leader in South Korea. His philosophy is that of personal and community freedom thus he saw the blockchain as a viable alternative to the current system of things. This was exactly why he introduced Bitcoin to his community as far back as 2010.
One thing that will excite you that most about this man are his words. His belief in Net Neutrality shines forth in this project. As one of the major contributors to DNet's whitepaper, you will immediately catch a glimpse of his personality and mental state. He has a clear way of presenting facts and visions by helping the reader visualize with him.
Hers is one of his quotes;
"Imagine a global economic environment where prosperity can be easily achieved through technology. The future of the internet will be driven by users themselves the true patrons of democracy. We believe that the proliferation of libertarian technological infrastructure that is inclusive to all, accessible, secure, decentralized, faster and reliable will give rise to libertarian societies that aim for abundance and equality."
The quality of a man is determined by the substance of people that surround him. Looking at the other members of the DNet team, one quickly realizes what a great project it is.
- Shin Gutana, Chief Technology Officer
- Alex Kim, Chief Financial Officer
- Aki Ryu, Chief Marketing Officer
The rest of the team can be found on their website.
DNet has struck beautiful partnerships with major firms who similarly believe in decentralizing the internet. Take ARPANET for example. ARPANET is the company behind the original model of the internet before others took a cue. So it's quite a big deal that they are willing to sponsor this project.
They also have a majr partnership with Coineru a major Cryptocurrency exchange with it's footholds in the Korean and Chinese markets. We all know how bullish these guys are on Cryptocurrency.
One thing you should note is that every viable blockchain based project with a great team must eventually succeed. By 2020, a lot of the startups of today will be the Giants of that day.
The blockchain and Cryptocurrency technology is here to stay. Google, Microsoft, Facebook, and many other centralized corporations will no longer control the major share of the data market. People are becoming more aware as the days go by.
Many blockchain millionaires are being made through appropriate investment choices.
Hope you will be among those who took a chance with freedom!
Thank you for reading.
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DISCLAMER:
The information contained within this post shall not be taken as a financial advice. I am not a financial advisor and none of your investment decisions should be carried out based on any information presented here. You can lose all of your money by investing. The information presented in this article is for educational and entertainment purposes only.