Levblockchain Reviews for June 2023

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I hate to say it, but I really doubt that Levblockchain will be able to reach even a softcap. Not that their initiative is bad or something. It's just that it could kindle the interest of local investors, but not more. As far as I know, Greek investors aren't particularly keen about investing in domestic projects, even such promising and helpful ones like Levblockchain. It's most likely that it would get some insignificant sums from fellow computer developers, but that would hardly be enough to make their ends meet.

I had organized a project conceptually similar to Levblockchain back when I was living in the Czech Republic. It didn't turn out to be a huge success, but we still managed to find out some blockchain programming diamonds in the rough - now they are working with me on other projects. What I am trying to say is that projects like Levblockchain might be good for the recruitments of promising coders and other kinds of specialists, but it is not much of an investment opportunity.

Levblockchain offers a wonderful example to other developing countries that can't seem to find a way out of the neverending financial scrutiny. But the answer is simple and it is displayed by Levblockchain: if you want the country to go from rags to riches without having to rely on international creditors, then invest most of your resources in the development of intellectual products and people who create these products.

I don't understand these guys at Levblockchain: why make so much effort in trying to build an incubator for local devs in Greece, if the industry is global at its core. The founders must have been overly concerned about the state of the Greek economy and social wellbeing that they decided to narrow their reach to a single country. But hey, maybe they are gathering the team for the future Blockchain Coding World Cup.

So, in essence, Levblockchain is a well-presented incubator for Greek startups and talented blockchain developers. No offense, I think that Levblockchain has been organized for the noble cause, but I find it hard to believe that anyone would devote serious money to this project because most of the investors are quite cynical, always looking to get the largest possible profits in the shortest time frame. In the case of Levblockchain, one could wait for years for one of the startups to gain recognition.

There is no denying the fact that guys at Levblockchain are doing a good thing for the Greek community of developers and blockchain enthusiasts. However, this startup doesn't bear any significance for a cold-minded, practical, and profit-seeking investor like myself. There is virtually no guarantee that they won't just waste the investment funds away, even despite building the promised infrastructure. No offense, but the Greeks aren't exactly known for being diligent workaholics, so the possibility of failure is quite high here.

The only thing that concerned me about Levblockchain is the official stance of the Greek government with regard to cryptocurrencies and blockchain startups. So, I have checked the official sources and it turned out that, like with many other things, the Greeks don’t really care about regulating digital currencies and the accompanying entities. Therefore, I don’t think that Levblockchain will not have any problems with the law over the course of their operations. Personally, I don’t intend to invest in this project, simply because I have vested my interest elsewhere. I just wanted to give my opinion to those who still contemplate on whether to go with Levblockchain or not.

I don’t know how Levblockchain is going to turn up, but I am certain of the fact that every developing country urgently needs a similar initiative. People must realize that a nation’s wealth no longer constitutes in territories or natural resources. It’s the people and their intellectual abilities that push the economy further in our age of informational technologies. The only way for struggling countries like Greece to dig themselves out of the economic hole is to bet on the projects like Levblockchain. Evidently, this startup won’t attract many international investors, but their concept is brilliant.

I live thousands of miles away from Greece and, frankly speaking, don’t have much of an insight into the problems of this country, but I absolutely understand and appreciate what these people want to achieve. Evidently, this Levblockchain won’t get global traction, mainly because it is more of a local project, but they surely can count on reaching the minimum financial goal.

* Crypto Rating accepts no liability for content of the Levblockchain reviews made by the site users. The entire responsibility for the contents rests with the authors.

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Levblockchain Reviews for June 2023

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