After years of development, the journey of expanding the boundaries of the cryptocurrency world has been fraught with difficulties. Bitcoin remains the largest and only consensus within the circle, and innovative attempts such as NFTs, blockchain games, tokenization, and the combination of AI and cryptocurrency have not achieved breakthroughs. ICOs have never been able to replace IPOs, and companies are also unwilling to replace public listings with token issuance.
Today, the profit model in the cryptocurrency world is still primarily based on speculation and hype (similar to a casino), making it difficult to attract entrepreneurs to enter the field. The current meme craze is essentially no different from the ICO boom of 2017; the cryptocurrency world seems to be trapped in a development bottleneck, which is quite frustrating.
