Main Trends in Crypto for 2019

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VILNIUS, LITHUANIA – 12-12-2018 (PRDistribution.com) — Vytautas Zabulis

After a turbulent 2018, everyone is wondering what 2019 will bring. Here are some of the main trends in cryptocurrencies and the broader cryptoeconomy for 2019.STOs should replace ICOsIf you’re invested in the crypto world, you certainly hear a lot that ICOs might be dead. The next thing in crypto will definitely be Security Token Offerings or STOs, as they make securities on blockchain more transparent, transferable, and secure, you can get fixed or flexible returns, depending on the company revenue, and you can gain non-proprietary rights.More rules will come. And it’s OKThe Securities and Exchange Commission, SEC, is expected to target companies with inquiries that will bring greater compliance from existing players and the ones planning on just starting their businesses. There is also a chance that the market will seek to regulate itself before government bodies overregulate them. HODL Finance proposed an idea to establish an industry-wide association of crypto-backed loan companies in order to set rules for consumer protection and legal compliance.Stablecoins will become more stableStablecoins look promising in crypto lending, as they enable exchanging tokens at a stable rate. They minimize price volatility and include minor fluctuations, which makes getting a crypto-backed loan easier and more secure. They’re certain to become more stable.Custody solutions will become cheaperCustody solutions and insurance are becoming the industry standard in the world of crypto lending. Providing investors with an opportunity to trade cryptocurrencies without the risk of theft is crucial, which is why major crypto exchanges, such as Gemini and BitGo, already have their own custody offerings. As similar services spread, they will become more affordable.Cryptocurrencies will become more mainstreamThe introduction of Bitcoin futures has seen mainstream adoption, as the futures enable investors to bet against Bitcoin and settle contracts in real money, as well as trade off Bitcoin even if they don’t actually own it. As cryptocurrencies will hit the mainstream road, we will see many more crypto-backed loans too.Security will be a prime source of innovationBlockchain enables secure transactions and prevents fraud, which is why it’s constantly inspiring new applications. Security remains the primary concern in the cryptoeconomy, thus it will be the primary source of innovation in the industry. Greater security will bring greater stability.

Media Contacts:

Company Name: HODL Finance
Full Name: Jaunius Spakauskas
Phone:
Email Address: Send Email
Website: https://hodlfinance.io/

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Brad Bennett

Brad Bennett

Brad grew up in a small town in northern Iowa. He studied chemistry in college, graduated, and married his wife one month later. They were then blessed with two baby boys within the first four years of marriage. Having babies gave their family a desire to return to the old paths – to nourish their family with traditional, homegrown foods; rid their home of toxic chemicals and petroleum products; and give their boys a chance to know a simple, sustainable way of life. They are currently building a homestead from scratch on two little acres in central Texas. There’s a lot to be done to become somewhat self-sufficient, but they are debt-free and get to spend their days living this simple, good life together with their five young children.
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