Lots of projects think they’ve got it nailed down but let’s face it:

Crypto’s killer app is still missing in action.

I’ve talked about killer apps a few times but today I’m taking it one step further. I’m going to give away a multi-million dollar business idea for free.

We’re going to walk through how you can take on big, popular business and kill them off with a crypto version that makes it utterly impossible for them to compete with you.

And you can have it up and running in six months.

Why the hell would I give that away?

Because that’s what I do.

I’ve taken open source to the business and idea level. I wake up with a new business idea every day but I don’t have the time or desire to do them all so I’m just throwing them out into the universe. I’d rather fifty teams start working on this tomorrow than one team. Competition makes the market grow stronger, faster.

So take it, run with it and retire early.

And if you get it off the ground and feel like sending me a bunch of tokens as a thank you I won’t stop you but either way I’m good.

All right. Ready? Let’s go.

Wait a minute here though. Isn’t Bitcoin the killer app already?

Some folks say that and they’re not wrong. It’s money uncontrolled by any central authority and it’s managed to survive and thrive in a hostile and chaotic environment.

But who wants to stop there?

That’s like saying we discovered fire so we’ll just call it a day.

Hey guys, we got this light bulb thing figured out but there’s absolutely nothing else we can do with electricity.

We’ve thought of everything. We’re done.

No.

We haven’t even come close to thinking of everything in crypto. We’re not close to done.

Sure there are snarky articles from doubters who say blockchain will never do a damn thing but that’s pretty short sighted. For a long time AI was considered nonsense. For decades it crashed and burned. Neural networks couldn’t win at tic tack toe, much less the insanely complicated game of Go and they certainly weren’t driving cars.

Where are those naysayers now? Confined to the dustbin of history like every other Luddite who ever lived.

History is clear. If you bet against technology it’s a losing bet.

In fact, I challenge anyone to point to a big technology that’s actually failed in the past. And don’t cheap out here. Don’t point out a single product like Virtual Boy or iteration of a technology that failed but an entire category of technology that failed.

What do I mean by that?

Game consoles are a technology category. Atari 2600 and Sony Playstation are iterations. Home video recording is a category. Betamax, VHS, DVD and DVR are iterations of that tech.

Categories matter. Iterations are just dust in the wind.

It’s super easy to find iterations of tech that failed. Dams burst. Bridges collapse. AT&T’s lines go dead. The Concorde crashes. But the platonic form of dams, bridges, phone lines and airplanes endure. And eventually someone gets the iteration right.

Lots of people tried to sell stuff online before Amazon got it right with books. VR failed for years until Oculus Rift.

The steam engine took a century of trial and error.

The first working steam pump, patented by Thomas Savery, tended to explode. Savery came up with his spin on the tech in 1698. It took another seventy years before the technology really took off with James Watt’s revolutionary design in 1765 that doubled the energy efficiency of an earlier design by James Newcomen in 1712.

And it still took eleven more years to make it to the market even after that breakthrough.

For everyone saying that crypto already had more than enough time to innovate remember we’re only eight years into this thing. Real innovation takes decades of setbacks and failures, even as the pace of human development continues to accelerate faster and faster.

We’ve gotten so caught up in having a new gadget or breakthrough every few minutes that we sometimes miss the unseen backstory that got us there.

For every breakthrough there were a million lonely hours and a million failures.

We’ve grown incredibly impatient and unrealistic, expecting miracles too soon. Technology starts off slow and steady and then explodes upwards in a wave of growth. That is the exponential curve but it’s never as fast as people think. Take this example from the brilliant article The Psychology of Money:

“IBM made a 3.5 megabyte hard drive in the 1950s. By the 1960s things were moving into a few dozen megabytes. By the 1970s, IBM’s Winchester drive held 70 megabytes. Then drives got exponentially smaller in size with more storage. A typical PC in the early 1990s held 200–500 megabytes.

And then … wham. Things exploded.

1999 — Apple’s iMac comes with a 6 gigabyte hard drive.

2003–120 gigs on the Power Mac.

2006–250 gigs on the new iMac.

2011 — first 4 terabyte hard drive.

2017–60 terabyte hard drives.

Now put it together. From 1950 to 1990 we gained 296 megabytes. From 1990 through today we gained 60 million megabytes.”

Crypto has a long way to go. It will get there but we have to have patience and perseverance.

But that doesn’t mean we have to wait for crypto to revolutionize everything to build some killer apps right now.

The more I think about this thing the more I think we’re missing some seriously obvious low hanging fruit:

Crypto Kickstarter.

So let’s get rolling.

This further demonstrates the increasing popularity and demand for these unique digital assets. The top five NFT-issuing blockchains also saw impressive increases over the same period. These positive developments show that NFTs continue to have a bright future and potential for further growth in the marketplace.

Can you guess which NFT collection took the lead? That’s right ー The Bored Ape NFT Collection absolutely crushed it, with a staggering $19 million in sales and a 52.82% increase just a week into the new year, as reported by Bitcoin.com.

The remarkable NFT sale boost of over 26% was driven by over 1.2 million transactions made by nearly 401,000 buyers, Cryptoslam.io metrics show. Ethereum was the most popular network for NFT transactions, accounting for about $164.35 million in sales. These numbers clearly show that NFTs are a hot topic right now and worth exploring if you’re interested in this exciting new world of digital assets.

The answer to this question is… NO! Absolutely no!

Although the first-known NFT was minted in 2014, the market for NFTs has exploded in recent years, with sales reaching all-time highs in 2022 and continuing to grow in the first weeks of 2023. This means that there is still plenty of time to get involved and join the NFT craze. In fact, the continued growth and popularity of NFTs suggest that there is still a lot of room for the market to grow and evolve. So don’t worry about being late to the party — there is still plenty of time to get in on the action and start collecting and trading NFTs.

By the way, did you know that you can use SendCrypto to easily store, send, and receive your ERC20, ERC721, and ERC1155 NFTs?

SendCrypto is a convenient way to showcase your unique NFTs and game assets in one place. You can even share them on your social feed and show them off to your friends, all while keeping them securely stored in your connected Web3 wallet.

At the end of the day, you decide how, where, and when to spend your money. If NFTs are not your cup of tea, that’s totally fine! But if you’re looking to explore the world of digital assets and join the NFT craze, then SendCrypto is here for you.

Our community of users is growing strong, and we invite you to join us in discovering the exciting world of NFTs and other digital assets. Whether you’re a seasoned NFT collector or just starting out, SendCrypto has something for everyone. So why wait? Join the community and start exploring the world of NFTs today!

Our social media channels are a great way to stay connected with the SendCrypto community and get the inside scoop on what’s new. From special promotions to new features, there’s always something exciting happening at SendCrypto. So be sure to follow us on social media to stay in the loop and be a part of the SendCrypto community.

Website | Whitepaper | Telegram | Discord | Twitter | Facebook | LinkedIn | Instagram | TikTok | Reddit | YouTube | Medium | CoinMarketCap