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RE: CHOOSING A GOOD COIN BASED ON TOKENS.
There is one local ICO at the moment with a large amount of coins, I raised the issue of hard cap with them, the didn't respond or rather their explanation was flimsy, from past experience I have seen that the team behind the coin really matters, and also how they started (tokens that started around 4-5 years ago have alot of potential compared to coins started a year or months ago, but not always the case).
What is your view on airdrop tokens?
Thats a good observation. Just like in the financial world we have to know how much the business has been making over the period before seeking the funding. Since this is disruptive technology we are able to look at the potentiality of growth n value in a short time.
Airdrop tokens from listed coins are usually the best. For example ETC has an airdrop. Majority are promotional and mostly end up a bag of coins with no use if not backed by good fundamentals and if they perform poorly upon listing on exchanges and CMC. What's the name of the local ICO?
Its callled Nurucoin https://www.nurucoin.com to me its just mpesa on blockchain, there is no real value am seeing, we have mpesa its working fine, for them their product isnt really solid.
Oh...Nurucoin...I know it. An enterprising Kenyan seeing opportunity..haha. I saw the founder's interview on KTN sometime back. The vision he has is inter-africa countries money transfer..lets see how it goes.