Visualizing the Cryptoassets Demography (Part I)

Too Long; Didn't Read

Cryptocurrencies have gained a lot of traction during the past few years. A plethora of currencies have come to life and many more are yet to come. Currently, as of 29 May 2018, <a href="https://coinmarketcap.com/all/views/all/" target="_blank">Coinmarketcap</a> reports more than 1633 different coins, each of which has its own set of goals, roles, and purposes. It has become relatively easy for developers and teams to initiate their own project and deploy their new coin. On the contrary, it has become hard for newcomers to understand the <a href="https://hackernoon.com/tagged/demography" target="_blank">demography</a> of the space and hence, they are becoming more reluctant to invest. Early investors are not capable of keeping up with the pace of growth, missing out on key investments. Moreover, in the midst of this <a href="http://burgess-shale.rom.on.ca/en/science/origin/04-cambrian-explosion.php" target="_blank">Cambrian explosion</a>, many fraud and scams have begun to grow and thorn their way through.