Due the bear market conditions, we got few less activity from media and projects comparing to 2021 and early 2022. We could barely see between massive information that we used to see, like thousand projects launching at once, it was a hard choice for a degen which one would we take it for the dinner.
Perhaps, this condition changed due the market behaviour, scandals envolving financial companies, bankruptcy, exposed and exploits. For those who survived, I congratulate you for such a resiliance, and your trustworth on a long term promise.
But the true is, NFT’s projects won’t save Solana blockchain from the crisis. There is not a single project who could bring the “bull” market back or some long positive chart to our ecosystem. All the trade volume is being circulated between the same users and wallets, we are living nothing but a false circle movement, where we no longer see new active users, not even big investors at our chain. The same faces, same communicative tone, not so many innovation and new tools around.
We did alot by this past year, where we could see new metas, and projects following those metas to survive, such as staking, raffles, merch, casinos, gambling methods and other utilites coded by a smart contract. But if you ask to yourself is that enough to bring normies people attention to join Solana’s ecosystem? Or isn’t that all are made by us only for us?
The first thing we associate when we hear the word “utility” to our digital assets, is the purpose and the benefit that we get it from it. That digital thing will benefit my user experience through the blockchain? in terms of research? any specific advantage? digital tools? I believe not.
I do believe and consent that blockchain, not only Solana, could agreggate much value inside the digital experience to all internet users experience and other social medias. Not only because of payment method, with no need for intermediaries for the transaction, but also to secure some digital services at web2. Personal Data Info, Cloud Storage, E-commerce, are some good paths to bring that utility up and attractive for web2 companies. Where we could see in a near future, livestreams, marketplaces, and social medias using our smart contract conception, methods and benefits to their digital services.
Example: monthly subscription for a digital service. Would Spotify or Netflix adapt their services to a blockchain concept?
All we have to do now is build some real bridge between these connections and networking. Having an extremely focus and caution at
• User Acessibility
• Web Security
• UI/UX
• Mobile Integrity/Adaptability
• TPS
Do you think your blockchain could handle the needs and problems of the real world?
Let’s work on these jobs to be done, so we can integrate more companies and faces to our ecosystem. ☺