Cryptocurrency Masterclass - How to Analyze an Altcoin ICO, explore beyond Bitcoin! | Donald Fittsgill Jr | Skillshare

Cryptocurrency Masterclass - How to Analyze an Altcoin ICO, explore beyond Bitcoin!

Donald Fittsgill Jr, Podcast Doc | www.podcastdoc.com

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31 Lessons (1h 4m)
    • 1. How to Analyze an ICO trailer

      1:53
    • 2. How to Analyze an ICO Introduction

      2:34
    • 3. Mission Statement - Overview

      2:18
    • 4. Mission Statement - Deeper Dive

      1:01
    • 5. Mission Statement - Knowledge Check and Summary

      1:20
    • 6. Utility - Overview

      3:15
    • 7. Utility - Deeper Dive

      2:10
    • 8. Utility - Knowledge Check and Summary

      1:27
    • 9. Competitors - Overview

      2:08
    • 10. Competitors - Deeper Dive

      1:54
    • 11. Competitors - Knowledge Check and Summary

      1:20
    • 12. Hype Meter - Overview

      4:05
    • 13. Hype Meter - Deeper Dive

      1:33
    • 14. Hype Meter - Knowledge Check and Summary

      1:12
    • 15. Token Supply - Overview

      2:36
    • 16. Token Supply - Deeper Dive

      2:04
    • 17. Token Supply - Knowledge Check and Summary

      1:40
    • 18. Leadership and Advisors - Overview

      3:03
    • 19. Leadership and Advisors - Deeper Dive

      1:54
    • 20. Leadership and Advisors - Knowledge Check and Summary

      1:26
    • 21. Red flags - Overview

      2:27
    • 22. Red Flags - Deeper Dive

      1:27
    • 23. Red flags - Knowledge Check and Summary

      1:22
    • 24. Competitive Advantage - Overview

      1:17
    • 25. Competitive Advantage - Deeper Dive

      1:56
    • 26. Competitive - Knowledge Check and Summary

      1:12
    • 27. Investment Duration - Overview

      1:13
    • 28. Investment Duration - Deeper Dive

      1:22
    • 29. Investment Duration - Knowledge Check and Summary

      1:29
    • 30. Your Thoughts and Summary

      1:44
    • 31. The Donald POV Podcast - Current

      7:21

About This Class

This class offers you a system to analyze an Initial Coin Offering(ICO). This system is simple but effective. The knowledge that you learn in this class will be fortified with walkthroughs, a scoring system, real-life examples and knowledge checks along the way. You’ll also have access to bonus resources, such as a podcast and an Alt coin ICO example document.

 This class is designed to take you from cryptocurrency enthusiast to cryptocurrency analyst.

 In this class, "Cryptocurrency  – How to Analyze an ICO" we’ll cover the following areas:

The Mission Statement

Utility

Competitors

Hype Meter

Token Supply

Leadership

Red Flags

Competitive Advantage

The investment duration(short-term/long-term/both)

Your thoughts as the analyst

 An Initial Coin Offering, aka ICO, is cryptocurrency’s rough equivalent to an IPO in the mainstream investment world. Essentially an ICO has 2 main goals – to raise capital for the cryptocurrency company and to initially supply their cryptocurrency to the market to be used and or traded. The coins that go through this process are called Alt coins and there are currently over 1500 alt coins on the market today. Who knows how many new coins will be introduced to the market over the next 20 years?

Enroll today and learn how to analyze an ICO like a professional.

Transcripts

1. How to Analyze an ICO trailer: pizza to delicious pizzas. That's all it took before the bandwagon. Before the trendiness, before the allure to people made an agreement to exchange 10,000 Bitcoin for two pizzas and started a revolution. Wouldn't you agree? In only eight years after the pizza exchange, there are over 1500 alternative coins on the markets, and people all over the world are asking the same question. How do I get in early on a piece of this action? The answer. Three words. Initial coin offerings, also known as I C E O's. As with any investment, there is no guarantee of success. But that also means that just like any other investment, you can give yourself the best chance of success by making smarter decisions. Here is what I'm offering. I'm offering you a system to analyse I CEOs. This system is simple but effective. The knowledge that you learn will be fortified with Walt throughs, a scoring system, real life examples and knowledge checks along the way. This system is taught by myself. I have a finance degree. I've worked in financial services for over 10 years, and I've also worked as a crypto currency analyst. Really, what I'm trying to say is that I know what I'm talking about. The only question I have for you is this What are you waiting for? Don't delay enroll today. 2. How to Analyze an ICO Introduction: what this class is not. This is not a class to tell you how to make millions of dollars and never lose. There is no foolproof investment that always wins and has no possibility of a loss. In fact, if someone tells you they have an investment that can't possibly fail, you should be very, very skeptical what this class is. This course is designed to be education and not advice. This class aims to help you minimize the odds of suffering irreversible losses and maximize your chances of achieving sustainable gains. Begin with the end in mind. Let's take a look now and what we're working towards the end product will contain the following elements. The company mission statement, the expected duration of the investment. Is it a short term investment long term investment? Or is it both the individual scores of seven different categories and the average of those scores? And finally, your thoughts. As the analyst, I want to talk briefly about a few things. First, coins will be used to refer to tokens and coins For all those crypto enthusiasts out there , I realized there is a difference, but for sake of brevity, I chose to use only the word coins in this presentation. Next, the scoring system. As I stated before, we're working towards an end product to assist you in your investment making decisions. The scoring system is a big part of that process. We're going to go through several areas that will have a scoring system. Those areas are utility competitors, height, meter tokens, supply leadership and advisers, red flags and competitive advantage. I will give you a reference of what I like to use in my explanation of the scoring system, but ultimately you can use whatever you would like when making the scoring system. This is a tool to help you, so feel free to adjust the system. However you see fit at the end of each section before the summary, we will have a knowledge check and go over a few questions. You'll have 10 seconds to answer each question. If you feel that is too fast, simply pause the video to allow for more time. Finally, pay attention and have fun. Let's go 3. Mission Statement - Overview: Let me ask you a question. Would you start a business without a goal, product or service? Of course not. No good business owner would ever consider starting a business without any of those things in mind. Having a simple statement that describes your business in a nutshell, can be a very powerful tool for a company serving as a guy to leadership and, ah, high level overview for potential investors and clients. So what is the mission statement? A written declaration. Oven organizations, core purpose and focus that normally remains unchanged over time. Well formed mission statements serve as filters to separate what is important from what is not clearly state which markets will be served and how and communicate a sense of intended direction to the entire organization. So why do we care about our crypto currency company's mission statements? Because this is an important step in analyzing all coins. This will be a guide when looking at the other characteristics for an all coins i c e. O. Since the company should be guided by their mission statement during our analysis of the old coin, we can reasonably determine if they're living up to their words, said differently. We've seen them talk the talk. Now do we believe they can walk the walk? So what makes a good mission statement for an all coin? Some say that there are three essential components of a mission. Statements. Contribution. What is the coin or what? Utility. That's the coin offer. Key markets. Who was the target market for the coin distinction? What is the coins? Competitive advantage? These are the three things we want to see in a good mission statement. It's important to know that through this process we're putting together pieces of a puzzle to help us determine if an investment is a good investment for us, so we might not find a well formed emission statements. The important thing to remember is that right now we're just getting the fax, not our thoughts on the fax. There will be plenty of time for that later in the process. 4. Mission Statement - Deeper Dive: the walk will contain different crypto currency companies, for example, purposes. We make no recommendations to buy or sell any specific coin. We can usually find the mission statements on the I see a white paper or one pager. In a lot of cases, their mission statement won't be listed as a mission statement, so you have to determine what it is from their company literature. As we can see here, we have to search a little bit to find the mission statement, and even when we find it, it's not listed as a mission statement here, it says. Till Coin is an art platform based on Blockchain technologies, it allows to sell virtual fragments of art objects to investors. We can see that the contribution is art platform, the key market are in investors and the distinction able to sell virtual fragments of art to investors. 5. Mission Statement - Knowledge Check and Summary: Now it's time for a knowledge check. You will have 10 seconds to answer each question. The time will begin once I finish asking the question. If you need more time, please pause the video. The answer will be given once the time is over. Why doesn't Ault coin need a mission statement? The answer is B. A mission statement serves as a guide to leadership and investors. What are the three elements of a good mission statement? The answer is C contribution, key market and distinction. Let's look at what we've learned about mission statements, the elements of a good mission statement. Our contribution. Key market distinction. A mission statement serves as a guy toe leadership and investors. Not all companies will have a well formed mission statement. The mission statement will not always be listed as a mission statement, so you may have to dig to find it. 6. Utility - Overview: consider two different cups. Let's assume that both of these cups are an investment. Both of these cups can be traded on the open market. Both of these cups are currently trading for about the same amount of money. They seem to be equal until we look further and we see that one of the cups has a hole in the bottom and can't be used to hold liquid and the other doesn't have a hole at the bottom and is able to hold liquid. Which one of these would be a better investment? Does it matter that one can hold liquid and one can't? Which cup do you think would have more demand? Utility The state of being useful, profitable or beneficial? Essentially, when we look at utility, we're asking the question. What good are you? Why do we care about the utility of a Nault coin? It's a simple matter of supply and demand. Now, utility and economics is referred to as the total satisfaction received from consuming a product or service for our analysis. However, we only want to consider the usefulness of the coin when looking at utility, the more usefulness that a coin has theoretically the more particular coin will be in demand. We're always trying to determine the why when analyzing all coins, why would someone want this over another coin? When Aucoin's utility is clear, the why can become clearer as well. For example, there are some old coins. They're used on Lee for unspecified un descriptive general digital currency, which may be fine after all. That is how Fiat currency works today. But there are other coins that are used for mobile APS, games, music, media, streaming platforms and the list goes on and on and on. What does it mean for an all coin toe? Have good utility first? I like to look at What problem is it looking to solve? Is there any value that can be added by adding the coin? Remember, all coins must not only compete with other coins, but also with other digital currency places like PayPal stripe in Venmo. Is there a current or future need? The current need will give you an idea of the current demand, and with a little bit of research, we can get an idea of future needs. Will the current needs still be around in the future? In my lifetime. The way that we listen to music has changed so many times. I remember looking through my father's old vinyl records while explaining to him that my cassette tapes were so much more advanced than his records. Then came CDs. Now we have digital music. You have to look into your crystal ball and try to attempt to determine the long term potential foreign investment. So this would make items that appear to be more of a fad less attractive to those looking for a long term option. This means the downside toe owning an old coin that has specific purposes that if the specific purpose ever goes away, so does the value of your coin, so this must be considered as well. 7. Utility - Deeper Dive: the Walt throughs will contain different crypto currency companies, for example, purposes. We make no recommendations to buy or sell any specific coin. The scoring system shown is the recommended scoring system for this section. If desired, please adjust the scoring system to fit your needs scoring system. One. Noto Little utility to average utility three. Great utility, Great utility will need to be something that has great demand outside of the investment value of the coin. Ideally, it would address a problem that would be best solved with the coin average utility. The utility will need to be something that has some demand outside of the investment value of the coin. No toe little utility. The coin either doesn't have any utility outside of investment value or has very little utility outside of investment value. What purpose does this coin served? Can I be, um, is the first cannabis extracts marketplace built on the Blockchain with its own proprietary asset backed token? What problem is this looking to solve? Buyers and producers of cannabis extracts may now participate in the canopy, a marketplace using the C N A B token instead of struggling with Fiat transactions in the newly regulated industry. What will drive demand just as the dollar was once backed by gold can idioms Token is backed by cannabis extracts like CBD, which are commonly used for their medicinal properties. In the canopy, a marketplace participating cannabis extracts producers as well as buyers are incentivized with bonuses to complete transactions using the asset backed CIA, maybe token. Additionally, when they make transactions using the token, they benefit from waved transaction fees. 8. Utility - Knowledge Check and Summary: Now it's time for a knowledge check. You will have 10 seconds to answer each question. The time will begin once I finish asking the question. If you need more time, please pause the video. The answer will be given once the time is over. What does it mean? If it all coin has good utility? The answer is B. Good usefulness. Outside of an investment, when the utility is heavily desired, demand is decreased. The answer is B false. When the utility is heavily desired, demand is increased, not decreased. Let's look at what we've learned about an all coins utility. We're only looking at a coins usefulness When looking at utility, we are essentially asking the question, What good are you? What problem is this coin looking to solve? Is there a current or future need that can be solved with this coin? 9. Competitors - Overview: What if I told you I would give you $1 million if you could win a foot race? But if you lost, you would have to pay me $1 million. What would you need to know before accepting the bet? You would probably want to know who you were going to race against. Why would anyone ever accept that amount of financial risk without knowing who their competitors are competitors, an organisation or country that is engaged in commercial or economic competition with others? Why do we care who our competitors are? Any time you are investing your money in a company, you should know this. Are you about to invest in a company that has a lot of competitors? A lot of competitors means that a company's competitive advantage needs to be that much more defined. A competitive advantage is the attribute that allows an organization to outperform. Its competitors will delve into analyzing a company's competitive advantage later. But just keep this in mind when looking at the competitors, a competitor that is already doing what they're doing. This convey a huge problem. If the new Ault coin company is not able to convince investors that their coin is superior to the existing coin on the market. Competitors with a large market share, sometimes a competitors could already have such a strong cold on the current market that it doesn't make sense for anyone to try and disrupt the markets. Note that this could be an actual market share, which may be difficult to determine or perceived market share because of their superior branding competitors that are better than they are. So maybe there are only a few competitors, but the competitors that are out there are significantly better than you. This is not a good situation for any business to enter into. It takes a lot of time and money to begin a business, And if you are beginning of business to compete with people that are offering a similar product and they're way better than you, then you're in a losing position. 10. Competitors - Deeper Dive: the wall throughs will contain different crypto currency companies, for example, purposes. We make no recommendations to buy or sell any specific coin. The scoring system shown is the recommended scoring system for this section. If desired, please adjust the scoring system to fit your needs. Scoring system one. Many competitors too few competitors. Three. No competitors. An Internet search will quickly find the competitors of your coin. For example, if the I C E. O. Was for a coin that is in gaming, we would search for gaming crypto currencies. Our search pulled up several companies. As you can see right here, here are several gaming crypto currency companies, but these air just the crypto currency competitors are there others? We searched digital gaming payment providers on the Internet. This is some of what we found. As you can see right here, there are several other types of competitors. According to our research, we would say that there are a lot of competitors in the gaming digital payment industry questions to consider for this area. Is there enough of a market to go around? What does the overall trend look like for the gaming industry? How does the coin you're considering differ from its competitors? 11. Competitors - Knowledge Check and Summary: Now it's time for a knowledge check. You will have 10 seconds to answer each question. The time will begin once I finish asking the question. If you need more time, please pause the video. The answer will be given once the time is over. It is a good thing. Toe have many competitors. The answer is B false. It is better toe. Have few competitors as opposed to having many competitors. Can a new coin survive? If there are many competitors? The answer is a yes. If they have a solid competitive advantage, Let's look at what we've learned about an all coins competitors. Crypto currency is a business, and when you are in business, you are in a competition. We should always know who our competitors are. A company's competitive advantage must be solid to succeed against many competitors. 12. Hype Meter - Overview: Is that the reaction you get when you walk into a room? Do people clap and cheer and admire you from near and afar? Me neither. But imagine for a moment that people did get excited because of your presence. Imagine how you could profit off of their excitement. You could sell things. You could advertise things you could do. Public speaking guest appearances endorsed things. Do voice overs and really anything else that required your presence, voice or likeness. Because there is excitement and buzz surrounding you, there is a demand for your presence and what does increased demand, often due to something with a limited supply, it increases the price. Attention is a strong predictor for demand. I consider this when looking at any type of investment. I call this excitement the height meter. Don't don't believe the hype. Or maybe you should believe the hype. Let's look, why do we care about how much chatter is occurring before in I c e O. As I said before, this is a good way to determine how much demand for an all coin ist presence we have. A tendency is humans to not be able to contain our excitement Sometimes this can be annoying, but to a seasoned investor, this could be pure gold. Remember, attention is strongly correlated to demand, at least in the short term. So if the attention is high than the demand should be high as well, no one wants to miss out. Gauging the hype on an old coin is a great way to tell if this could be a short term investment. Why do I say short term? Well, because I believe it can be difficult, if not impossible, to fully sustain an investments price solely due to the hype. At some point, investors will need to see Riel quantifiable data to support the hype. Or they will bail. Generally speaking, how do we determine the hype? One way is through Social Media Telegram telegram is a cloud based mobile and desktop message app, with a focus on security and speed, The number of participants and their engagement in the telegram chat is very telling. These tend to be your most inspired investors there, so inspired and motivated that they're in chat groups talking about it's waiting to receive updates and eager to trade discord. Another chat room type of platform is discord And while this is mainly used for games, you confined certain chat groups that offer you a lot of information from enthusiastic crypto currency investors. The chat rooms tend not to be separated by coins like telegram, but rather a lot of general and specific open conversations regarding crypto currency. Twitter. As many of you know, Twitter, is an online social media platform on Twitter. You also want to check out the number of followers and engagement as well. I found this not to be quite as reliable as telegram in terms of gauging hype, but still very useful in the process. When looking at social media, remember that engagement is more important than followers. The reason being is that followers can be faked or insincere. People follow on social media for different reasons, and those social media engagement can be faked as well. I found it to be more reliable press releases for obvious reasons. Press releases will offer you some insight to a company's hype. Press releases air one of the most effective things a company can do to promote itself. A good press release strategy will keep the moment I'm going for a coin and give it exposure to new investors that are probably not hanging around the telegram and discord chat rooms 13. Hype Meter - Deeper Dive: the wall throughs will contain different crypto currency companies, for example, purposes. We make no recommendations to buy or sell any specific point. The scoring system shown is the recommended scoring system for this section. If desired, please adjust the scoring system to fit your needs. Scoring system. One. No toe little height to average height, three above average height. Followers and engagement is the name of the game. With social media telegram, You can find the direct links to a company's social media and telegram accounts from their website. Once on the site, check the number of followers and how much chatter is going on in the chat room. My general rule for telegram follower count less than 10,000 little height. 10,000 to 20,000 average height. 20,000 plus above average height The chat should be directly correlated to the follower count. If the followers are riel, then we should see an equivalent amount of public messaging going on. Since the other platforms are secondary to telegram in determining height, you'll have to use your best judgment when looking at the other social media sites. 14. Hype Meter - Knowledge Check and Summary: Now it's time for a knowledge check. You will have 10 seconds to answer each question. The time will begin once I finish asking the question. If you need more time, please pause the video. The answer will be given once the time is over. Where is the best place to check for hype on an old coin? The answer is B telegram. Is the height meter good for determining short term or long term investment possibilities? The answer is a short term. Let's look at what we've learned about an all coins height. Meter Telegram is usually the best social media chat room to check for I c e o. Hype. Gauging the hype is a good way to tell if a nice CEO has short term investment possibilities. 15. Token Supply - Overview: in economics. What happens when we increase the money supply? Typically, we would expect an increase in economic growth, a decrease in unemployment and an increase in inflation until crypto currency becomes the country's main currency supply, weaken disregard the 1st 2 items and just focus on the 3rd 1 an increase in inflation. So what is the token supply? When considering the token supply, we first have to uncover the three different areas circulating. This is the amount of currency out in the real world being used. Eight today in trading on exchanges total. This is the circulating supply plus additional coins mined but not on the market. Max the total amount of coins that will ever be produced. So why do we care about token supply, inflation or a decrease in the purchasing power of your coin? Inflation is the main reason we want to be cognisant. Oven all coins, tokens supply inflation, which we said typically will occur when money supply is increased, could make the purchasing power of your all coin go down. For this reason, you want to look at an all coin strategy for releasing coins into the market. We must always be aware of what direct actions can affect the price of our coin. Now, before we take a walk through finding and all coins, tokens supply, Let's talk briefly about hard caps and soft caps. The hard cap of a nice seo is the maximum amount of capital that a crypto currency company aims to gather. These numbers are typically very high, and most of the time they aren't reached unless the height meter is very high. The soft cap is the capital amount gathered at which the crowd cell events will be considered successful. It is the minimum amount of funds needed for the project to proceed. Sumaye CEOs won't have a cap and those air called uncapped ice CEOs. Some investors used the cap to check progress of the crowdfunding event. As in, they won't enter the eye CEO until they see others have already entered the I C E O. And the soft cap has been reached, and it looks like the hard cap could be reached is well in general. The hard cap and soft cap is something to keep in mind when doing your analysis, to understand how some traders think, but ultimately shouldn't be a major factor in your investment decision 16. Token Supply - Deeper Dive: the walk throughs will contain different crypto currency companies, for example, purposes. We make no recommendations to buy or sell any specific coin. The scoring system shown is the recommended scoring system for this section desired. Please adjust the scoring system to fit your needs Scoring system one. Enormous supply or strategy to average supplying Good Strategy three. Limited supply. Great strategy. The token supply can be found on the white paper or company one page or documents. We're typically looking for the following areas Total supply max Supply Number of offerings Release strategy Part Captain Soft Cab Right here we can see the total token supply number of tokens for sale, soft cap and hard cap. You want to pay close attention to the initial total amount of coins for sale as it relates to the total amount of coins available. It is better for this percentage to be a larger number, 60% and higher. The higher the number, the less likely that future coins entering the market will affect your price. If the number is smaller, you must be concerned about more coins coming into the market, thereby decreasing your purchasing power. As I stated before, I am aware of the caps hard and soft, but I don't necessarily make investment decisions around them. I also don't make investment decisions around the bonuses that are available. I believe the coin should be able to stand on its own merits. Bonuses should be seen as icing on the cake. 17. Token Supply - Knowledge Check and Summary: Now it's time for a knowledge check. You will have 10 seconds to answer each question. The time will begin once I finish asking the question. If you need more time, please pause the video. The answer will be given once the time is over. In economics, increasing the money supply could potentially cause inflation. The answer is a true in general. Is it preferable to have a larger coin supply or smaller coins? Applying? The answer is B smaller. Which number is larger, hard cap or soft cap? The answer is a hard cap. Let's look at what we've learned about an all coins tokens supply in economics. Increasing the money supply could potentially cause inflation. The three areas of token supply are circulating total and max. The soft cap is the minimum amount of money needed to proceed, and the hard cap is the maximum amount of money the company aims to raise 18. Leadership and Advisors - Overview: Bill Gates, Russell Simmons, Steve Jobs. Regardless of what you think of these people, we can all agree on one thing. These people are or were great leaders, though you don't need to be Steve Jobs or Bill Gates to be a leader as a leader, you should add immense, almost irreplaceable value to your company. The ability to motivate and inspire others to take action is a defining factor of being a leader. The best leaders air those who can successfully influence all levels of an organization impacting business results by driving change. Why does leadership and advisers matter for crypto currency? Crypto currency is a business. It's a mix of investments and technology. This could be a very volatile industry, and proper leadership is needed, especially for I CEO. Launch experience is a good thing, and the proper team can change everything. What attributes of leadership and advisers should we look for when analyzing and I c e o experience in Blockchain technology. Needless to say, it is a good thing for your leaders and advisers. Toe have experience in Blockchain technology. Having experience in this field will better prepare these leaders for the road ahead. Any technology So while someone in leadership and advisor should have experience in Blockchain technology, if for some reason they have limited experience in this field than it is an absolute must that they have experienced somewhere in technology remember when we're dealing with crypto currency, we're dealing with technology and an investment experience in business. There are many different things that a company must do well to succeed positioning leaders and advisers where they can leverage their past business experience Coming the world of difference When serious leaders and advisers joined the team, it signals to the investing world that this company is serious and we can expect big things experience in marketing. Anyone who has ever run a business knows that it is not good enough to just have a good product or service. You must also have a great marketing strategy, or your product or service will not be successful. Adding seasoned marketing and PR professionals to the team is an indispensable benefit experience in investing. As I've said before, crypto currency is technology and an investment. Adding someone to the team that is an experienced finance manager is crucial. Many times Company will add former big bank executives to the team. This could be good for many reasons, but their knowledge for the field of finance should be appreciated as a company embarks on this journey. Essentially, when we're analyzing and I CEO's leadership in advisers, we should be asking one main question. What value does this individual bring to the company? 19. Leadership and Advisors - Deeper Dive: The walk throughs will contain different crypto currency companies, for example, purposes. We make no recommendations to buy or sell any specific coin. The scoring system shown is the recommended scoring system for this section. If desired, please adjust the scoring system to fit your needs. Scoring system. One. No toe little experience to average experience. Three. Above average experience You can usually find the leadership than advisers on the crypto currency company's website. It is typically listed as a team. I tend to rank the type of experience as follows. Number one. Blockchain Technology number two. Any technology number three. Business number four Marketing number five Investing for a team to have above average experience, they should have people on their team with above average experience in all areas. For a team to have average experience, they should have people on their team with experience in some areas. At a minimum for average experience, the team should have people with experience in either Blockchain technology or any technology. Anything less than that would be considered little to no experience 20. Leadership and Advisors - Knowledge Check and Summary: Now it's time for a knowledge check. You will have 10 seconds to answer each question. The time will begin once I finish asking the question. If you need more time, please pause the video. The answer will be given once the time is over. Why does leadership matter? Great leadership should motivate and inspire others to take action. What is the most important type of experience for the leadership of an all coin company to have? The answer is C Blockchain technology. Let's look at what we've learned about an all coins leadership and advisers. The ability to motivate and inspire others to take action is a defining factor of being a leader. The best leaders are those who can successfully influence all levels of an organization impacting business results by driving change Blockchain technology Experience is the best experience for leadership toe have in the old coin world 21. Red flags - Overview: imagine your best friend just met the woman of his dreams. She's everything he's ever wanted in a woman, and somehow she's madly in love with him. Then one day he mentioned that this woman of his dreams appeared tohave some jealousy issues. Nothing major. She just seemed a little disturbed Any time he even glanced at another woman. Your friend tells you that he has determined that a little jealousy was not that big of a deal, and he could live with it. So he continues his relationship with this woman. Now imagine that same friend has been with this woman of his dreams for a few months now. And he says to you that last night he was sleeping and woke up in the middle of the night and saw her standing at the edge of his bed with the knife, asking, Who is she? Your friend? Sincerely ask you, Do you think I should be concerned about this? Um, yeah, bro. Perhaps you should be concerned about this and change all of the locks on your doors. These were examples of red flags. As with our example, some red flags could be lived with and others simply cannot. Why do we care about red flags with a nice CEO? Red flags alert us to current and future problems. It's up to you to determine if that information is enough of a problem for you not to invest. Where do we look to find possible red flags for an old coin? There are a few places on the Internet that you can focus your research on when looking for red flags. News articles There are some companies that just can't stay out of the news. Public spats, internal discord and overall mismanagement. A lot of times makes its way to the Internet. Create alerts to notify you of any news that comes out about certain crypto currency companies. Also make sure you are regularly staying tuned to the telegram and discord chats to keep your eyes and ears open to any potential red flags that may come up. Get hub. If any information is available, you should check for any programming red flags. If a crypto currency company has been updating, get hub with their code and they stop updating Get hub. This could be a signal that things have possibly gone off course internally. Or maybe the developers have come across big problems 22. Red Flags - Deeper Dive: the wall throughs will contain different crypto currency companies, for example, purposes. We make no recommendations to buy or sell any specific coin. The scoring system shown is the recommended scoring system for this section. If desired, please adjust the scoring system to fit your needs scoring system. One. Excessive red flags to some red flags. Three. No, too few red flags. Unfortunately, we usually can't find a company's red flags by looking at their website. The best way to find this information is through an Internet search. If you do a Google search for the company, then go to news. You can look for possible headlines that may catch your eye. You want to actively look for things that could prevent you from investing. Even though I have three areas listed on the scoring system, there are really four areas. In reality, the fourth area is zero, and if zero is reached, you should consider not investing in the I C E o. Like the other areas, it is up to you to determine what constitutes a zero, but you should always know how much risk you are willing to accept 23. Red flags - Knowledge Check and Summary: Now it's time for a knowledge check. You will have 10 seconds to answer each question. The time will begin once I finish asking the question. If you need more time, please pause the video. The answer will be given once the time is over. Any red flag is a deal killer. The answer is B false. It depends on the severity of the red flag and how much risk you are willing to accept. Can red flags prevent you from investing? The answer is a yes. It depends on the severity of the red flag and how much risk you are willing to accept. Where have I heard that before? Let's look at what we've learned about in all coins. Red flags, red flags alert us to current and future problems. Red Flags Air Not necessarily a deal. Killer Red flags can prevent you from moving forward on an investment 24. Competitive Advantage - Overview: Let's say you were going to start a pizza restaurant in Chicago. How do you stand out from the crowd? Does it have an amazing or unique taste? Are your ingredients organic? Is the price too good to pass up? Can you deliver the pizza superfast? These are questions you should know before starting a pizza restaurant in Chicago or really anywhere before you begin your journey and starting a pizza restaurant in Chicago or elsewhere. You must know the answer to this question. Why would someone choose me? Now? It's time to go a little deeper into the competitive advantage of an all coin. If the crypto currency company has a well formed mission statement, then we should be able to ascertain what the competitive advantages from the company's mission statement. Now it's time to dig a little deeper. What we want to know is the strength of their competitive advantage. Let's look at some of the possible attributes of an old coin that could be considered a competitive advantage. Utility consensus protocol, speed of transactions, security and reliability 25. Competitive Advantage - Deeper Dive: the wall throughs will contain different crypto currency companies, for example, purposes. We make no recommendations to buy or sell any specific coin. The scoring system shown is the recommended scoring system for this section. If desired, please adjust the scoring system to fit your needs scoring system. One. A little competitive advantage to some competitive advantage. Three. Huge competitive advantage. Competitive advantage can be determined by looking at the company website, white paper and one pager. We have to consider everything that we have analysed so far. Then we want to compare our competitors to all of our company tangibles and intangibles. I consider a huge competitive advantage to be one that is head and shoulders above their competitors. Or better yet, there are no competitors. I consider some competitive advantage to be one that is better than some of its competitors , but not all of its competitors. Little competitive advantage is one that isn't very clear or a long shot toe work, but in theory still exists. Wear trying to answer the question. Why would I select this coin over the alternative? Just like the red flag section. This is another section that could make or break your investment decision. If you cannot find any reason why an investor would select this coin over another coin, then you should consider not investing in this company. 26. Competitive - Knowledge Check and Summary: Now it's time for a knowledge check. You will have 10 seconds to answer each question. The time will begin once I finish asking the question. If you need more time, please pause the video. The answer will be given once the time is over. Competitive advantage is what makes an all coin stand out from the crowd. The answer is a true where should we initially look toe? Find an all coins competitive advantage? The answer is B the company mission statement. Let's look at what we've learned about annulled coins. Competitive advantage. How does this all coin company stand out from the crowd? If you cannot determine what a company's competitive advantages, you should consider not investing in the I c E O. 27. Investment Duration - Overview: we're almost there at this point. We've looked at mission statements, utility competitors, height meter tokens, supply leadership and advisers, red flags and competitive advantage. Now it's time to determine if this investment is suited for a short term investment, long term investments or both. Why, with any investments, you should know your investment horizon before you invest. Are you swing trading to take advantage of early excitement and momentum? Are you looking more at the long term utility and possibly long term demand of the coin? We have to consider all of the factors that we've looked at first. For a short term investment, you should look at the height meter. Then you should look at the red flags first. For long term, you should look at the utility. Then you should look at competitors, tokens, supply leadership and advisers, red flags, competitive advantage 28. Investment Duration - Deeper Dive: the Walters will contain different crypto currency companies, for example, purposes. We make no recommendations to buy or sell any specific coin. The scoring system shown is the recommended scoring system for this section. If desired, please adjust the scoring system to fit your needs scoring system long, short or both. The question we're asking here is What is your investment horizon in general? The longer your investment horizon, the more risk you were willing to take in general, the shorter your investment to rise and the less risk you are willing to take. In General I CEO when crypto currency trading is a pretty risky venture, so risk is a relative term. Before you answer into an investment short term or long term, you must know how much risk you are willing to accept. And more importantly, once you've reached your risk limits, you must have the discipline to immediately cut your losses and leave 29. Investment Duration - Knowledge Check and Summary: Now it's time for a knowledge check. You will have 10 seconds to answer each question. The time will begin once I finish asking the question. If you need more time, please pause the video. The answer will be given once the time is over. What is the best way to determine if an investment is a viable short term investment? The answer is C. My analyzing the height meter can an investment to be a good short term investment, but not a good long term investment. The answer is a. Yes. A company can be a good short term investment but lack the other qualities to be a good long term investment. Let's look at what we've learned about an old coin, short term and long term investment horizon. Height Meter is the best way to determine short term investment. Viability. Utility is the best way to determine long term investment viability. The other areas that we analyze should help bolster our height meter utility predictions 30. Your Thoughts and Summary: Do you believe in this coin and why This is where you consider all of your research and write exactly what you think about the old coin. This is the final step to your one pager. So at this point, we have the four areas of analysis for our I c e o. We have the company mission statement of the old coin company. This will be the guiding light not only to the company leadership, but to us as investors as well. Next, we have our seven individual scores that is based off of either the references that we discussed or your own references can work. Justus. Well, it's really up to you. In either case will average these individual scores to come up with one number instead of seven. Next, we have our investments. Horizon. Here is where we indicate whether this will be a short term investments, long term investments or both. And last but not least, we're adding our own thoughts. This is very important because it makes you become more thoughtful about each and every investment you come across. This is how you analyze and I CEO by doing your own research. This is a system for analysing and i CEO. As technology evolves, so should your system. Meaning if it would work better for you to have a five point system as opposed to a three point system, then do it. If it would work better for you to go in a different order, then do it. This is your system. So the most important thing to remember is to be consistent and track your results. 31. The Donald POV Podcast - Current: Welcome to the Donald P. O. V. I'm Donald fits Gil Junior, bringing you my point of view on everything I want to talk about, literally everything. And trust me, I've got a lot to say. So without further ado, let's go Today I want to look at the crypto currency current. That's c u R r E N T. Current. This podcast is not a recommendation for or against current. It is simply an analysis of this new Blockchain technology. Be warned, this could get a little technical. Current is an incentivised, Blockchain enabled streaming ecosystem that lets you choose how to stream and pay for your media. First and foremost current is a multimedia platform. Current has aggregated several media platforms into one, allowing you to search for an artist on one app and have several search results return from multiple areas like Spotify, YouTube, Soundcloud, Twitter, Facebook and more. The different media platforms can quickly be accessed with a swipe of a finger and played inside of the current app. The APP has 200,000 plus members and 35% of users are retained by day 30 as a point of reference. Popular companies like Pandora, Netflix and Snapchat all have Day 30 retention rates that hover around 6.5% so far less than the 35% it will be interesting to see of. Current can keep their high retention rate as they scale if they can. This will be great for ad revenue in their overall business model. The current's protocol interacts within the current platform. In addition to any other host media network, It is designed to incentivize consumers to play media and rewards them based on their consumption time that a shared and contributions within the ecosystem. The token crncy pronounced currency will be used to reduce or eliminate premium subscriptions to content providers. Creators and advertisers can use the tokens to buy ads on the platform, and currency, like other kryptos, can be traded on third party exchanges every time a token gets paid on the platform. Several entities benefits consumers creators curator Zonda Refer. The leadership is strong and has experience in creating successful consumer and media products. They have generated millions in revenue. The leadership has surrounded themselves with a very impressive team of technology and Blockchain experts. Billionaire Mark Cuban is arguably the most noteworthy adviser, but they also have many Blockchain CEOs and engineers that are part of their team as well. The competitive advantage that current has is its innovation. And as far as I can tell, there isn't another competitor in this unique space that they're occupying. Current has found a way to make people's life a little easier by aggregating media and paying you to be active on their platform. By the end of 2 to 2018 they should have a free and paid subscription model available. The free model will, of course, contain adds. There is also a new feature coming that allows users to legally download any content for offline accessibility. This works like a DVR and sores the media on a virtual machine. There will be safeguards put in place to prevent fraud and illegal distribution. They also have projects that air called beyond face to these air long term goals focused on their platform and protocol. What the current team is showing is that they're here for the long hole and continually looking for ways to set themselves apart. They have created a sustainable business model that will see revenues from subscriptions, vendor advertising and curation fees. Most of the content within the platform has been curated by currents. They are expecting to supply one billion tokens to the marketplace. 35% will be offered for sale, 35% is offered for mining rewards. 17% is for the team and advisers, 10% is for community growth and strategic partners, and 3% is for the Currents Foundation. So what do I think about current? My outlook on current is strong, both for short term and long term. They have a strong community, and following that is very excited about current and for good reason. The leadership has surrounded themselves with very smart and capable individuals with a massive amount of experience in the space. They have figured out a platform and a protocol that incentivizes people to come and stay. If this is successful, this could be gained changing for APS creating when, when, when opportunities for all of those involved. My only question is how did they convince people of their value? It's not enough to simply create value. You must convince people that they need this value. The good news for current is that one of their advisors happens to be an award winning marketing savant, which is good. So is this a good investment for you? That's for you to decide. Currency is an altar coin or an alternative coin, and an alternative coin simply refers to crypto currency that is not Bitcoin. What's good to keep in mind is that we're still early in the life cycle of crypto currencies. As we move forward, expect more companies to get smarter and more innovative when working with this technology . That's the way technology works. It builds on the back of older technologies. The crypto currencies that rise to the top will be the ones that stay ahead of the technology curve till next time. Well, folks, thanks for tuning in. If you like what you heard, please subscribe on iTunes. Also, feel free to reach out to us on our website. Www dot the donald p o v dot com Till next time I'm Donald Fit Skeel Jr In This is the Donald Peel V brought to you by the Speakeasy Sound Company. Holla