In this first edition of SOVU I will be addressing recent progressions, ICOS, and the biggest questions.

In the past months VET has established itself as the leader in the blockchain space in regards to enterprise adoption. This has strengthened the chains binding the hearts of many in the crypto community to their long time holdings. Thus causing a large number to fall ill towards easily disposable FUD, with what I gather is an outsider sense that VET is “too good to be true”. That isn’t to say I will not be playing devils advocate towards VET in my writings, while I currently find it to be the best RR in crypto in relation to my own confidence, if things were to change down the line I choose not to hold emotional ties and will never feed these large market cap coins “the benefit of the doubt”.

ICOS

The three announced ICOs to be built atop of the platform came highly anticipated, but it seemed to my discretion that much of the community felt let down by them. I on the other hand, was pleasantly surprised and optimistic towards the ideas. In this space it is all about execution, with the creation of the internet there was much competition for each idea, Blockchain is no different. The idea behind any ICO on the network will come down to the team taking it where the mainstream will find use in it. That being said we have 3 VERY different ideas to make judgement upon.

I will not address those migrating to VET in this writing (nor DBET), but I will add that I am happy with the addition of Safe Haven and what it means for the ecosystem.

PLAIR

There is no doubt esports is a quickly growing space, Twitch has garnered a huge user base that is growing rapidly. When I read up on this one I got a little antsy because I know how big a decentralized version of Twitch could be, pay the viewer a piece of the pot for watching the ads, and pay the content creators much more money than they currently would make using Twitch. Allowing a much easier entry level for those who want a job out of gaming, and for those at the top to have incentive to put out content above and beyond what we even see today. I got the vibe that this is what PLAIR wanted to do but it wasn’t inherently clear as they seemed to be focused on a “forum” aspect. Not that starting somewhere else would be a bad thing, it would just mean PLAIR cannot demand any sort of crazy speculative market cap until it wants to be the next Twitch. Maybe I am inputting my own bias towards what I want this platform to be, and what it sets out to be, but I don’t see a big future ahead for it without taking the road I see paved.

Mustang Chain

I love this one for the bet it places, it is the first mover into a space that will inevitably take on the chipping that VET wants to supercharge the world with. It makes a whole hell of a-lot of sense to track the heart rate of these horses along with other biometrics when training, racing, or trading and verifying ownership. I believe once a system is in place it will be very hard for someone else to come in and replace it. VET found a niche that could be filled easily here and I find this to be a great way to test the waters and gain some experience all around. That being said I was let down when I saw the Mustang Chain app in use. It did not look to offer any of the data I wanted it to offer and didn’t have any beautiful UI. I also don’t think a phone app is the proper use case for this platform, this is data that I would’ve assumed would be tracked on a computer when training the horses or monitoring them etc. Then again, this product is still in its baby stages so I will not make judgement on it until we see more. The app we saw could (and probably is) just a test demo (like the early VET app).

OceanEX

Yes, I saved the best for last. BitOcean has been around awhile and from what I gather they have been winning, and will continue winning. The post they put out explaining the exchange screamed absolutely everything I would’ve wanted it to & more. Just off the little graphics I saw in the post I can tell the UI will be Coinbase beautiful, with what I expect to be the utilities and speed of the almighty Binance. BitOcean has the funds to pull it off and from what I can tell has a visionary leading the way. OceanEX explains itself in the medium post addressing it and I don’t feel the need to elaborate on it other than to say I think this could easily be the next premier exchange.

There will be a few, but one platform will “win-out”

We live in 2018 but cars can still be stolen, airpods can still be lost, and I still have to pay a ridiculous amount to look at my own Carfax. VET has made an insane amount of progress into one of the first world changing innovations of Blockchain tech securing more real world use-cases than any project we’ve seen yet, and theres still more to be uncovered. We all see this future, but let’s look at the biggest unanswered questions this investment poses.

IBM & other private supply chain management platforms, will the VET economic model make it worthwhile in comparison? Will the interface that allows users to interact with the network be intuitive enough to beat out opponents? Will laggard companies pay for nodes, or buy THOR off the open market or will a new platform come avail and do everything cheaper? If a majority of the demand for THOR is filled by organizations with their own piece of the THOR factory, who will be buying THOR off the open market? Will we have a common man use-case that forces retail investors to buy THOR day in and day out?

Some of these questions do not have answers and will not have answers, but I find them good to ponder over. FUD is a bad thing when used in a negative way, but Healthy FUD can be a great way to distance yourself from your investment and keep a clear mind moving forward. That being said any FUD you hear about “fake PWC partnership” and whatnot I advise watching the “VeChain Official Launch Day” video on youtube, as I have seen this FUD come up a bit as of late. Most if not all of the FUD related things you hear can be answered through research! Remember, skepticism fuels stronger optimism, when a skeptic has answered his questions he is much less likely to be caught with his tail between his legs than the guy who isn’t asking the questions. That being said, VET has answered all the questions I have had so far. The biggest one being it’s robust economic model that is leagues ahead of anything I have seen yet, partly because of the network being a POA and a little bit centralized, allowing the foundation to tweak to perfection, rather than bicker to nowhere through full decentralization.

SOVU

VET is likely the next to join the ranks of Bitcoin, Ethereum, and Ripple. We can only hope the market is rational enough to follow suit with our assumption. VET holders, while very passionate, should tread carefully screaming FUD, rather than addressing concerns with their own information and insight, else we will never unchain the hearts of those who hold big bags elsewhere to join us.

*NOT FINANCIAL ADVICE*

OPINIONS ARE MY OWN

I AM NOT AFFILIATED WITH THE VECHAIN FOUNDATION IN ANY WAY