I see. I feel that the value of a cryptocurrency tends to be within/relative to the contexts of other cryptocurrencies (e.g. ETH is BTC but with smart contracts!), and definitely within the space of cryptocurrency in general we can see particular cryptocurrencies offering undeniable value such as DeFi tokens or interoperability projects.
However, what would really be useful is the valuation of a cryptocurrency relative to fields outside of it. I do know that there are many projects that try to bridge that, but unfortunately the cryptocurrency space tends to be in its own bubble and usually seems to produce goods of debatable or unrealized value (e.g. IoT / Supply-Chain tracking / provenance-tracking a-la NFTs).
“what would really be useful is the valuation of a cryptocurrency relative to fields outside of it.” Yes, this is something I want to explore more as part of the value of cryptocurrency in general. I am also aware of these types of projects, at least in the mission statement. But I really don’t know if that is really something they want to do, or it is purely for the sake of attracting more investors.
I see. I feel that the value of a cryptocurrency tends to be within/relative to the contexts of other cryptocurrencies (e.g. ETH is BTC but with smart contracts!), and definitely within the space of cryptocurrency in general we can see particular cryptocurrencies offering undeniable value such as DeFi tokens or interoperability projects.
However, what would really be useful is the valuation of a cryptocurrency relative to fields outside of it. I do know that there are many projects that try to bridge that, but unfortunately the cryptocurrency space tends to be in its own bubble and usually seems to produce goods of debatable or unrealized value (e.g. IoT / Supply-Chain tracking / provenance-tracking a-la NFTs).
“what would really be useful is the valuation of a cryptocurrency relative to fields outside of it.” Yes, this is something I want to explore more as part of the value of cryptocurrency in general. I am also aware of these types of projects, at least in the mission statement. But I really don’t know if that is really something they want to do, or it is purely for the sake of attracting more investors.