Unlike on-chain projects, blockchain networks as the infrastructure focus more on the construction of its ecosystem. Once the ecosystem is formed, the Matthew effect will appear (the rich get richer) and eventually the head blockchain will take up more than 80% of the market share.
The price of ETH shows the prosperity of Ethereum, rising from $10 (December 2016) to a maximum of $4,000 (November 2021). When a new blockchain appears, how can we determine whether it has a strong potential to grow?
A valuable blockchain should have a number of advantages, such as:
Eco-experience friendly
Deployment of Cross-chain bridges
Strong compatibility
Exploration of new areas
Incentive Programs
Other videos about Chains:
Harmony https://youtu.be/zBrSpJF3S4A
Avalanche https://youtu.be/43y4bGLYN7c
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