Blockchain Investments In 2019
Blockchain technology currently booms with hundreds of applicable use cases and diverse applications. Moreover, Blockchain and cryptocurrency enthusiast are looking ahead for what this resilient technology has for them in 2019. Here we will review the five most viable blockchain based investments you could get into in 2019.
“I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful.” – Warren Buffett
Blockchain Money Transfer Application
The blockchain is here to solve real problems and provide cheaper, faster and more efficient solutions to existing problems. Globally there is still a problem of cross-border money transfers. The real problem is the existing solutions are way too expensive and render microtransactions of funds impossible.
With a blockchain solution transaction relay time can be reduced to just some few seconds and transaction cost is cut by more than 100k percent. There are so many regulatory barriers to international financial transactions preventing people without proper identification to conduct transactions.
However, these unnecessary restrictions can all be offset by using blockchain technology. Imagine running your own blockchain based smartphone international payment hub. There is no doubt the market for cross-border money transfer is really huge and can fit thousands of players in every country.
To get started in this line of business create your platform by starting small. Enable cross-border transfer between two countries and perfect the platform as time goes by. Luckily there are hundreds of scripts available out there for you can download free scripts and build your first financial application.
Decentralized Video Sharing Platform
Have you imagined how youtube evolved to become a multi-billion dollar company below selling out to Google? It’s now possible to build your own version of youtube. With the rapid tokenization going on in the web, transactions are simplified and content creators can now be easily paid.
With a youtube like a video sharing platform, your main goal would be to get as many people into your platform as possible. Also, with the right number of people consistently engaged in your platform, adverts start to flow in. Big corporations pay millions of dollars annually to get their brands advertised where many people can access.
2019 is just to right time to start earning some small percentage of this money as well. The edge a blockchain based video sharing platform has over the existing tech is that chain has cheaper infrastructures than the other server technologies.
Decentralized Digital Asset Exchange
One of the most effective ways to amass tons of cash is building a decentralized digital currency exchange platform. Unlike centralized exchanges, decentralized exchanges do not require any central servers. There is no need to build a data center, no need to hire expensive IT specialist to run the data center.
Decentralized exchanges fully run from clients browsers and are secure since the tokens are swapped directly between customer wallets. With decentralized exchanges, nothing is stored in your servers. Earning from this business comes from the small transaction fees you would charge for every transaction that passes through your exchange.
Basically, you can make thousands of dollars daily depending on how many clients you have signed up to your exchange. Also, to build your first decentralized exchange you can need to write the codes from scratch. There is already some ready-made script you can purchase online and get your business running as soon as possible.
Blockchain-Powered Crowdfunding Platform
For a long time in the history of the internet, crowdsourcing has been a vital means of raising funds for startup companies. With crowdfunding, startups can raise funds without mixing much equity. Companies that raise funds through crowdfunding do allows customers to pre-order their products before the product actually hits the market.
Unlike the normal crowdfunding platforms, decentralized crowdfunding platforms are transparent and clearly traces the movements of the funds on the platform. Also, transparency gives investors confidence in the platform.
Earnings from this business would come from the charges startup companies pay for running their fundraising campaigns. Additional revenue stream also comes from adverts on the website.
Decentralized E-commerce Marketplace
Buying and selling goods and core root of commerce. To date this root this continues. Decentralized e-commerce marketplace is a platform where people can goods they are selling seeking for buyers. The marketplace can attract customers within the country or internationally as in the case of Amazon.com or Alibaba.
Decentralized marketplace enables clients to interact between themselves without ever requiring a third party. Moreover, payment can accomplish via a specializing native token on the platform. Revenue from this platform can come from the escrow fees the platform charges.
There is no doubt blockchain and cryptocurrency are here to stay despite the current market turbulence. To ensure long-term earning from blockchain and cryptocurrency it is vital to building a platform that will solve a real-world problem.
Consider the above-mentioned options as possible projects you could start off with. We would like to remind you that to become a blockchain investor you do not need a computer science degree but proper financial management etiquettes. Moreover, use your meager resources wisely and start your business small then grow it all the way up.
If you know any other great investment opportunities within the blockchain technology scope do not hesitate to share it here in the comment section below.