Are most blockchain projects unnecessary?
Lost your password? Please enter your email address. You will receive a link and will create a new password via email.
Please briefly explain why you feel this question should be reported.
Please briefly explain why you feel this answer should be reported.
Please briefly explain why you feel this user should be reported.
Every cycle, thousands of blockchain projects launch claiming they’re “revolutionizing” something, but most of them don’t actually need a blockchain at all. A regular database could do the same job faster, cheaper, and way simpler.
That’s the part people don’t wanna admit.
A lot of crypto projects exist more for fundraising and hype than real utility. They throw in words like:
…just to attract investors.
But blockchain only really makes sense when you actually need:
If a project doesn’t benefit from those things, then yeah, the blockchain part is probably unnecessary.
That’s why most serious builders and investors focus on sectors where crypto genuinely solves a problem:
The reality is:
Most blockchain projects will disappear.
But the few that solve real-world problems? Those are the ones that’ll survive long term.
That’s basically how every tech boom works in America:
tons of noise, tons of startups, then a few giants come out of the chaos.