WebDollar because of no ICO, doesn’t have the funds and muscles as the big players yet… but if you look back in the 90’ these big funded corporations tried to centralized the internet and they couldn’t do it by themselves and if wasn’t for open source projects and passionate developers we couldn’t enjoy the internet industry we have today.
Ethereum to me it’s failing they have behind EEA with 30 founding members: CME group, Toyota research institute, Samsung Sds, Microsoft, intel, J. P Morgan, Deloitte, Banco Santander, ING , National Bank of Canada etc and WebDollar smart contracts idea will overtake ETH in maybe 2-3 years with less money.
Ethereum’s downside risk is due to asset-specific negative pressures. These pressures will cause Ethereum to continue underperforming its peers over the long-term so Ethereum should be avoided.
The problem is that hundreds of millions worth of Ethereum has been sent to these ICOs, and these organizations are sitting on an enormous amount of digital wealth. The liquidation of this Ethereum will dilute the market for Ethereum and put downward pressure on prices so is very hard to go up.
While the danger of Ethereum-based tokens is obvious, the threat of completely new platforms is another huge risk.
Decentralized applications is probably be the downfall of Ethereum because they create a massive downward pressure as they unload their funding for fiat.
Initial Coin Offerings are funded with Ethereum so they boost demand for Ethereum temporarily. Investors who want to invest in the ICO must first buy Ethereum and send that Ethereum to the ICO. However, once the Ethereum has been sent to the ICO, it will be eventually liquidated back into fiat.
The event is a net neutral for people who owned Ethereum before the ICO, but a net negative for investors who buy Ethereum after the ICO. There have been dozens of ICOs in the past, and millions of dollars worth of Ethereum ready to be released back into the market, making this a problem for ETH prices.
On top of this, Ethereum iis facing significant demand from cryptocurrencies that are not built on its platform. Coins and tokens like Tezos,Eos, TRX and more doing same thing will keep competing with Ethereum and steal its market share.Binance , Webdollar etc… Smart Contract projects will continue to build Smart contracts and steal Ethereum market share.
Webdollar is faster, lighter and more user friendly than Ethereum.
Between the two….. I bet my money on WebDollar