The Gartner Hype Cycle: Adoption Patterns of Disruptive Technologies
Have you heard of the Gartner Hype Cycle?
It suggests that disruptive technologies go through 5 key phases...
1. Technology Trigger
The emergence of a potentially disruptive technology.
2. Peak of Inflated Expectations
Early publicity creates hype for tech with an unproven market fit. In the speculative NFT bubble of 2021, Beeple sold a collage of his artwork "Everydays: the First 5000 Days" for $69 MILLION. Similarly, NBA Top Shot sold hundreds of millions of $ of video-collectible moments
We talk a lot about the practical use cases of crypto, but if you ask your friends and family, chances are that 99% of them arenāt actually using any dapps.
And aside from the crypto casino, they probably donāt have any interest in it.
So where are the real users? Why arenāt all these āuse casesā taking off?
Why do most dApps feel like ghost towns?
In this post, Iāll explore a few useful applications of crypto and explain why they arenāt actually being used by the masses just yet.