There is no any currency which got other usage except perhaps the Litecoin. What was the reason for this phenomenon?
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The course of Bitcoin is quite high and has a permanent growth trend. The rest of the crypto-tools have shorter life period. Nobody is trying to develop them and give them the other way for usage, except the speculation on the crypto exchanges.
The creators do premine and try to sell it. As a result crypto- currency dies. Therefore we can make a conclusion that all crypto-currencies were created solely as means of enrichment of their authors and not otherwise. Nevertheless, something new should appeardrastically different from the existing tools and having the longer life period to replace itself the Bitcoin which is already coming to climax of its development.
What are the major distinctive features this tool should have? Infinite Mining to inverse control capacity network and amount of remuneration, selfdestroying Commission to exclude the possibility of currency becoming cheaper.
Let us consider the economic strength of this instrument: Each transaction destroys a small amount of volume in the amount of the average commission of the kripto currency- natural deflation.
The number of alternative digital currencies is growing every week as new coins hit the market through the ICO — the Initial Coin Offering processes. The altcoins are placed to market through ICOs which becoming more and more popular for startups to raise money and for investors to jump into hot investment opportunities.
The initial coin offering process is the exercise during the altcoins are issued to the market for first public purchases. It is similar to the IPOs on the exchanges, however during an ICO in stead of shares, a new cryptocurrency is issued to the market. The process begins with issuing a white paper, where the owners of the new digital coin details the features and specifics of the cryptocurrency that will be placed to the market along with the initial prices.
You can check the ICO Calendar for the newest altcoins, or just follow the Bitcoin Talk forum thread about emerging altcoins. Investors can purchase new altcoins through pre-orders and once all the funds have been raised the new altcoin is available to trade on the altcoin market.