How many new Web3 solutions have you encountered recently? What was their value proposition? Most likely it was transaction scalability, fee reduction, speed optimization, or a new token for yet another payment system. It almost seems that the blockchain industry is stuck in a Groundhog Day of exclusively solving a single task: transferring currency from one wallet to another.
An actual problem in the early days of Bitcoin, this is a major roadblock to the development of Web3 now. It is the right time to admit that blockchain is no longer a niche sector centering on cryptocurrency transactions but a powerful framework to revolutionize various real-world industries. What it needs is to learn to find the right product-market fit.
We Already Have Enough Altcoins
A few years ago, the landscape of promising blockchain was drastically different: Litecoin, Bitcoin Cash, Monero, Zcash, and many others — you name it. While a few of these altcoins are still in the game, they are inconceivably
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