Watch this Educational Video done by the Youtuber that goes by the name ReadySetCrypto who is known for indeep understanding of Blockchain Technology. His latest Videos will give you better insight surrounding the Technology and will help you learn more about the different niches & segment of the overall Crypto Market
Overall the Video was really informative when it comes to the different Crypto sectors and he summarized some reputable projects that are out there to solve a particular problem. It’s important for Investors to look at the each of Cryptocurrencies before investing to determine exactly what problem the Cryptocurrency is trying to solve, because even though there are have over a thousand different Cryptocurrencies, a majority will never succeed because they have no real-life use case
ReadySetCrypto will mention up to 11 different Sectors;
- Supply Chain (Walton Chain, VeChain, Original Trail, Wabi, Mob
- Internet of Things ( IOTA, StreamR, Internet Node Token)
- Data (Factom, EncrypGen, Bottos, Datum, Tierion)
- Digital Content (Tron, Oyster, Gifto, Decent)
- Messaging (KIN, Status, E-Currency)
- Knowledge Base (Lunyr)
- Social Media (Steem, Mithril, Theta, Library)
- HealthCare (MedicalChain, Patientory, MediBloc)
- Analytics (Gnosis, Augur, Cindicator, Santiment, Numeraire)
- Digital Identity (Civic, The Key)
- Energy (Grid, PowerLedger, ElectrifyAsia, WePower)
Make sure that you identify the sectors of your preferred Cryptocurrency, in order to get a better idea of the size of the overall Market, an example would be Social Media platforms like Steemit would target Billions of users signed up with existing services like Facebook or projects like VeChain that provides a solution for SupplyChain Management.