Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: tonymillions84 on November 19, 2021, 03:34:10 PM
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I THINK WE HAVE already gotten enough crypto blockchain projects. i think we have many new coming up with huge prospects. Ethereum is huge. solana is Okay. we have so many EVM. i think we still have the O.Gs.like stellar, NEO, CARdano is also on running a smart contract. do you think we need more crypto projects and smart contracts in the crypto ecosystem. recently OMG lunached BOBA. ELOND launch MAIRAI and so many other projects.
what are your opninion.
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I would say that in fact we are just starting here and I am expecting more and more blockchain and crypto related projects to be started in 2022 and beyond. However, there can be a time when the market will consolidate leaving those platforms that are not performing well...in other words only the best and the most robust of them all can eventually survive and one factor will determine that: the market. No matter how good is the project if the market reaction is cold then it will eventually be pushed down six feet under. Now, everything here is business...the smell of money in this expanding market is attracting so many good players and the sharks...who are these guys in these two important categories...they will be revealed as time goes on.
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Blockchain is one of the best and latest and secure project in the world. I also really appreciate this project because of this technology strength project may create in the market. Also the market of crypto currency is more volatile and competitive advantage may arise for people because the scam ratio of blockchain project is comparatively low. For that reason i will really support more new blockchain project.
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I don't care, but in general I think that the more different blockchains the better, since there will be huge competition and, of course, the most important thing is that these blockchains must be of very high quality, and so recently there are a lot of new cryptocurrency projects that create their own blockchains and I think it's good for crypto sphere.
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Competition is must for the improvement of existing blockchain projects. New projects come up with more new ideas so the development process keep going on. So I don't mind about more new blockchain projects. I beleive many more new blockchain projects will launch in the coming years with good scalability.
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The more Blockchain projects, the more competitive the market and the crypto ecosystem will be. I like the current trend of new start up Blockchain project even separate from the most popular once like Ethereum, Cardano, Tron, Eos, Neo, Solana, and Binance smart chain.
Just imagine if we still have only Ethereum Blockchain network to accommodate the entire crypto token on one network; it will be overloaded, high transaction fees, slow transactions etc.
However, the current state of the crypto ecosystem needed this changes, upgrades, new ideas that will increase adoptions, usercases and Blockchain options.
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I THINK WE HAVE already gotten enough crypto blockchain projects. i think we have many new coming up with huge prospects. Ethereum is huge. solana is Okay. we have so many EVM. i think we still have the O.Gs.like stellar, NEO, CARdano is also on running a smart contract. do you think we need more crypto projects and smart contracts in the crypto ecosystem. recently OMG lunached BOBA. ELOND launch MAIRAI and so many other projects.
what are your opninion.
Its true that a lots of project has come out with new chain. I don't think it's as a negative impact on the market. You have mentioned few unfamiliar project but there are lots of good project coming with different type of chain. I am really excited to see a new project and happy to enter on intially. So that i can get huge profit for long term. Its a great opportunity to see a new good project on the market it has proved that crypto is growing strongly. I am just hoping a great future for every new project where i invest. That's i can say that i really support it.
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indirectly we have got a lot of crypto projects many good projects or not this is also a good opportunity in the market I hope our future is all bright of course there must be healthy competition
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Everything new is always a continuation of the old, only taking into account the correction of all errors and problems. New blockchains are no exception to this rule. Therefore, I am a supporter of everything that is newly emerging in the crypto space. The higher the level of competition, the higher the quality of the original product will be.
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Maybe we can see bigger picture in cryptocurrencies as the year passed by. There are more possibilities to happen particularly if the businesses field will collaborate with cryptocurrencies companies. There are more unseen big opportunities to come out once everything will take place in digital world. I see something to happen once government and business collaboration will happen. Blockchain have important role in the world.