Syscoin: From 70,000 to 5 Billion potential users by end of 2017
Here’s my summary points of what I currently think of syscoin and where I see it could go:
1. So it looks like syscoin does have a good direction to build serious infrastructure for mass adoption.
2. They are too early in the game to release blockmarket (eBay/Amazon style technology) for the average user since they want to make it "grandma-friendly" and avoid bad experiences, similar to what happened with openbazzar (where many users did not return after bad experience).
3. They seem to have a good marketing/advertising direction creating user awareness for the average consumer to use the decentralized blockmarket (although I would like more details).
4. Considering the detailed answered to my questions, I do see syscoin having an understanding how why consumers would switch from a modern centralized model (eBay/Amazon) and switch to the decentralized no-fee model syscoin has to offer on the blockmarket.
5. Syscoin currently is unique as a product. I do not see much competition in the Blockmarket (eBay/Amazon) style products they are offering. Other cryptos, such as privacy coins (Monero, Pivx, Zcash) have many competitors as well as transactional coins such as Bitcoin, Dash, and Ethereum.
6. Given the current stage of the roadmap, and where syscoin stands in the pre-lease of their blockmarket product to a much larger audience, I see the use of the “syscoin coin” adopting and gaining a much larger market share by end of 2017 and having much more usage by 2018.
7. Given the above points, I do see syscoin as a “True Value” cryptocurrency which will emerge as one of the top 5 performing cryptos by end of 2017 and 2018.
