We are experiencing the stage where more and more people are now able to enter into crypto from different angles. It used to be that only Hive (old steem) used to be the platform for non-tech people or non-investors to join the party.
Now there are more chains offering a great sandbox for experimentation. Just in Hive you have people building and playing games, selling/purchasing art or photography NFTs building their own tribe/front-end token economy, forming with the new set of products offered at CubFinance jumping easily into other chains through the bridges, and so on.
Anyone with a few earned dollars in Hive is now able to move into other decentralized chains and test other things. As more and more people develop and experiment, more and more users will join and this will only lead to more and more value to those projects well build and maintained.
WAX has done an incredible job of onboarding non-crypto users into the space with low prized NFTs and collectibles. And other chains as xDai and Polygon will ramp up fast as some of the projects being built there launch.
My personal feeling is that we are in the consolidation phase of crypto just a few months ahead of the mass explosion.
It is definitely past the point where I am able to keep up with even a fraction of what is going on these days. People are talking about all these other chains and the potential I am missing out on, but it is more than a fulltime job to stay up with it all, let alone interact with it all. I don't know how people do it.
I personally am at the stage where I am making a choice to spend time doing what I enjoy (writing) rather than chasing every new project or ROI. I have been doing this a while already. Some people seem hellbent on chasing every cent, regardless of the validity of projects.
I agree, this is consolidation in many forms going on, and I think that it will be the projects with use case that will take the majority of value after the explosion.
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