This startup allows for businesses to host whatever content they need on the blockchain. However, unlike other solutions such as Ethereum, where all data is stored on a public chain, this one actually allows clients to have their own chains. In reality, businesses will likely not want to use a public chain.
They have private data which needs to be taken care of, and this project will offer them the best of both worlds. This also has the added benefit of having a more streamlined blockchain where another company's transactions are not clogging up your pipelines.
There are a good amount of events on the horizon which could positively impact this token. For both short term and long term investors, it looks like there's a solid chance to make some money here. If you're at all interested in this asset and the technology that they are bringing to the table, then check out our REBL forecast to see what lies on the horizon.
Above, you can see our REBL prediction. To get these numbers our algorithm has compared the influence of past events, and even those of ICOs in similar niches to come up with a predicted price. In the short term, investors could likely see a very positive upward trend if everything completes as planned.
This, of course, means that developers stick to their production goals, announcements go on without a hitch and nothing is delayed. If there is a delay, then that momentum may potentially break, and we might see some pessimism worm its way into the market.
If you're in it for the long term, then you should keep in mind that this asset is trading at a huge discount from its all-time high price, and patient parties may stand to make over 400% on this investment. Based on the current supply, within a couple of years, we could easily see this token sitting at 10 cents or greater.
There are many, many other projects looking to attract the attention of businesses in this space. Everyone is pitching to them to build their applications on the blockchain, and that creates a lot of competition. The winner in this race will need to offer something that nobody else is offering, and that's a tall order.
This is a community project, and in most of these situations, that means that the developers and other staff are not getting paid. While community projects are great, it also means that those people need to choose between making money and working on a passionate project, and in lean times the first will win.
This can cause a high turn over rate, and in extreme cases, the project could end up abandoned if there is too much resistance and not enough success. While there is a large team here, the threat still exists.