OK, that probably sounds a little vague. But if you look at the list of cryptocoins, they all have different purposes.
For example, Ripple is actually an internet protocol for making financial transactions. So it’s like PayPal, but it’s not controlled by any organization. As HTTP is the protocol for displaying web pages, RTXP is the protocol for making transactions on the internet. And the market cap for Ripple is over $2 billion.
They even have altcoins that serve different functions, such as:
✔ Tickets – also called LotteryTickets, it gives random rewards for each block solved
✔ Sexcoin – an altcoin that can be used for adult websites and services
✔ Craftcoin – used as portable in-game currency for Minecraft servers
✔ Devcoin – to support open-source projects by programmers, hardware developers, writers, musicians, painters, etc. worldwide
Ok, so pay attention to that last one. More specifically, because it supports WRITERS.
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