The market is constantly talking about some fundamental tokens and technologies
I became interested in understanding what is the fundamental difference between a "good token" and a "shitcoin"
I asked different people and asked them to tell me about the technology, benefits, prospects and the team.
In my opinion, no one understood what they were talking about (sometimes enthusiastically and for hours "selling" you their genius)
Decided to sort through several large projects myself
For example Etherium
What is its benefit? How to evaluate it?
Price and capitalization? I think everyone knows what a bubble is. It won't take long to find examples.
The benefits of Ethereum for the crypto market are obvious - the platform, the network, smart contracts and all that. Although even here you can find competitors that surpass Ethereum in each individual case.
But what is the use of Etherium outside of crypto?
All the examples I found were, to put it mildly, unimpressive.
Here are some of them
Openlaw is a platform that uses smart contract technology to replace traditional contracts and simplify bureaucracy. Sounds great. But it turned out to be of no use to anyone. This platform is not popular, and it has not been widely implemented in corporations and legal practice.
Axa - smart contracts for automating insurance payments. The idea is super, the savings are significant. Didn't take off.
Maersk and IBM tried to raise tradelens - Automation of documentation when loading ships in ports, a transparent system on the blockchain. The project was large-scale, several large ports were involved. A resounding failure - there was no savings.
These are just some of the cases I have examined.
To be fair, I have found cases that can be somehow connected to Ethereum and they are useful, but it is always
Or very far from Ethereum (The success of these projects does not contribute to the price of the Ethereum project itself)
Or the benefit is modest
Which, in my opinion, is quite sad, considering that Ethereum is the oldest and most important project in the crypto market.
I encourage you to try to fully study at least one of the main projects on the market in all its nuances.
Because personally, my searches led me to simple and unpleasant conclusions:
1. Crypto is a speculative bubble. You can make money here, and it will eventually become useful, but don't get carried away.
2. There is no fundamental here that would justify the growth of the token price over time. 99 percent of this market exists for its own sake, locking the value in itself. Most of the participants in this market came only for the green number on the wallet - this is not a secret. Almost no one will give up traditional payments for the sake of crypto (the exception is drug dealers). Most do not need to use crypto transfers. For some reason, the same logic does not apply to people launching "fundamental" projects.
3. Dogecoin. Just look at what a coin has achieved that doesn't pretend to be something it isn't. It's just digital speculative garbage, and hasn't been interesting as a meme for a long time. People only bought doge for fun at the start - now it's always about hopes for free money.
The main conclusion: do not hesitate to buy crap if there is a good marketer or a lot of money behind it. It is no worse than "Fundamental". This market is about crap.
And yes, I am actually for crypto. For its original purpose - an alternative to financial institutions.
There's a lot I don't know, more information than one person can process. This post was inspired by what I saw. Your experience may vary.