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There has been a recent explosion of companies operating at the blockchain layer, all boasting about having the best and fastest blockchain technology.
But let’s get real here — these are “hot” companies working on the “fun” stuff like NFTs and Web3-based social media, or even tokenized investment properties and other vanity projects.
None of this will matter if the basics aren’t fixed, and the basics desperately need to be fixed. I’m talking about real-world connections, on- and off-ramps and reducing friction.
Until these fundamental problems are addressed, the blockchain industry will continue to struggle to gain mainstream adoption and credibility.
In the world…
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