
What have we proven?
So, what exactly have the surviving projects proven by not only surviving but thriving in this tough environment? Firstly, it has now been proven that there are serious people in this industry, serious people with real, trustworthy and clear intentions. I don’t think many people would realise just how tough you need to be to push through the last 12 months. Aside from the fact that creating any startup is a highly challenging task, regardless of the industry; but doing this when more projects than not are failing around you, you see your /coin value fluctuate greatly (if you have one), and seeing the negative views from many sources, both within and without the industry, can bring even strong men to their knees if they don’t have the right support and strategies in place. All those that have survived are of a certain character which you need when driving of a new industry. I have the strongest respect for these people and this is what leaders from other industries will look for.
“…creating any startup is a highly challenging task… doing this when more projects than not are failing around you… can bring even strong men to their knees if they don’t have the right support and strategies in place.”
The next thing that has been proven is that the projects are set up with clear business strategies, safety-nets, funding, and purposes. I would suggest it goes hand in hand, you need solid and purposefully driven people as well as well developed and sustainable business strategies and goals.
The last thing that I suggest has been proven in the last 12 months, are real use cases for technology, not . The stigma is still largely revolving around the finance industry and that we are here to disrupt it and replace centralized institutes and banks. The facts say different. Last year I created a that are looking into or already implementing research projects. I came up with a from around the world. Many of these use cases are using technology but not even touching the concept of . And when they do use , they are used as a support component, not the fundamental driver to the system.
Published at Fri, 08 Feb 2019 03:06:09 +0000