Very good analysis. I totally agree with the fact that most of the people just want to quick money instead of actually thinking long-term, creating genuine value and solving people's problems.
Hype is never a good thing, with the ICO fever we saw prices going up all based on ideas and/or promises. Where are those ICO projects today? Very very few have "kind of" delivered something.
Hopefully this will help the ecosystem to shift focus on building rather than hype!
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It was reported in February in Fortune that nearly half of 2017's ICOs had already died. I have no idea what the most recent figure would be, though would imagine it'd be alot higher than that by now.
Nonetheless, the small amount that have some real substance behind them shall carry onwards, just as the dot-com bubble had burst, yet gave way to the internet we know today.
In the meantime, the best thing we can do is continue to create value and serve the revolution the best we can, bringing our talent, knowledge, passion, and purpose to work towards solving challenges. So long as we keep focused with that, there will always be opportunities to be created... 🙏
I think the number lies around 90% if I remember correctly (I read somewhere).
We definitely should be creating value, that will bring success in the long run.
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