What are the most promising upcoming cryptocurrencies in 2023 and why?

Certainly, it's quite a dynamic marketplace. So, in your opinion, what factors should we be considering when evaluating these emerging cryptocurrencies? Is it the technology, the team behind it, the user adoption rate, or something else entirely?

I totally get where you're coming from. The crypto world is vast and complex. But let's not underestimate the power of strong community support and effective marketing strategies. They've been game changers for several cryptocurrencies in the past. What about considerations on environmental impact - is that part of our evaluation? And how much weight does potential real-world utility hold in this discussion? Let's keep the thoughts flowing!

Interesting points, everyone! Could the governing structure of these cryptos play a role too? Some are centralized, others decentralized, or even a mix. Could this sway a crypto's potential for success?

Decentralization is key, but isn't that what they all promise before some end up being manipulated or veering off course? How can we genuinely assess their commitment to staying decentralized?

Governance structures sure do play a role, but even a solid plan there doesn't guarantee a seamless operation or widespread adoption. How many projects tout decentralization but struggle with scalability or security, right? And regarding commitment to staying decentralized, that's a tough nut to crack. How do we really know if they'll stick to their principles when the going gets tough or when big money starts talking? Trust is a rare commodity in the crypto-sphere – it's often built on a track record that most new cryptos don't have yet. So, what's the litmus test for trust in this rapidly evolving landscape? Could smart contracts be part of the solution to ensure adherence to the original principles laid out by the crypto founders, or are they just a temporary patch on deeper systemic issues?

In dealing with the trust issue, transparency might be the holy grail. Projects that offer open-source code and regular, detailed updates could be setting the stage right. It's not just about the initial promises, but whether these projects can continually demonstrate their dedication to those principles through actions, not just words. Increased scrutiny into their external audits and the credentials of their auditing firms can also reveal a lot about their commitment to security and transparency. We should be pulling back the curtain on the teams, seeing who's involved, their track record, how they handle project funds and decision-making. This kind of continuous disclosure might build the trust that's so scarce. What's your take on using these factors as trust barometers in the cryptoverse?