Cryptocurrencies and Product-Market Fit — Welcome to Paradox
Too Long; Didn't Read
By now, the failure of 90% of Blockchain and Cryptocurrency projects is quite an openly discussed phenomenon. Projects that started out promising the creation of ‘<em>new ecosystems,’</em> ‘<em>trustless regimes</em>’, and ‘<em>tamper-proofy wonderlands</em>’ have succumbed at the peak of inflated expectations, leaving a sour taste in the mouths of technologists, investors and enthusiasts alike. What is left are hundreds of ‘decentralized’ applications struggling to gain a sustainable user base, ‘powered’ by tokens who speculators play roller-coaster with at exchanges.