The QTUM Coin team has finally decided to do what they should have done long ago, to push the project forward, and that’s marketing. Yesterday, the project founder Patrick Dai tweeted,
QTUM Coin happens to be one of the most powerful blockchains in the market, yet not many people know about it. According to Patrick Dai, the team scaled back on marketing in December 2017 fearing regulatory risks in China. That’s when they decided to focus on more on the developmental aspects of the project.
Now that the team has decided to focus more on marketing, you can expect it to start gaining ground in terms of price. That’s because from a tech perspective, this is probably one of the strongest blockchains in the market today. It combines the very best of bitcoin and Ethereum to create a next-gen blockchain, for the development of decentralized applications.
Just a week ago, Qtum launched the X86 virtual machine. The X86 is a layer on top of the highly secure Qtum blockchain that enables developers to test and deploy their Dapps, while at the same time overcoming the scalability issues that face the Ethereum blockchain. The Qtum X86 virtual machine is also designed to allow developers create their Dapps in multiple languages including C++, C, Rust and Java. The X86 is also designed in such a way that it uses a few nodes, which means that it is more cost-effective to execute smart contracts on the Qtum blockchain, as opposed to Ethereum and most other blockchains in the market today. With such capabilities, Qtum should easily take over the smart contracts market. All it needs is aggressive marketing to make this happen.
The Qtum community, which has been calling for more aggressive marketing and publicity, seems to have appreciated this change of strategy by the Qtum team. That’s because after this announcement by Patrick on Twitter, Qtum (QTUM) made some gains pushing higher by about 5%, way higher than most other major cryptos at that time. The community responded quite positively because they have been calling for some more aggressive marketing to create awareness for this project. On most Qtum forums, the people are always urging for more marketing, and they are now happy that their wish has been fulfilled. They know that this will push their project to the moon, since the fundamentals are rock solid.
From a price perspective, if the Qtum puts some serious efforts in marketing, there is no reason why Qtum shouldn’t see a high of $100 or more in 2018. It is by all accounts what you would consider a perfect smart contracts platform. It’s highly secure, scalable, cost-effective, and makes use of multiple programming languages. There are many projects ranked higher than Qtum (QTUM) Coin that can’t achieve half of what it can do. In essence, it won’t take long before Qtum claims its rightful place at the top of crypto rankings, and investors will be rewarded big time.