I think all of the development occuring in blockchain and crypto ia certainly in the right direction. As most hot and upcoming technologies, there will be a large influx in projects that will ultimately end in winners and losers. The important fact is that the technology will continue to evolve learning from these steps to improve and deliver to a mature state. So not matter the result, I think it is great for these projects to continue to be born and develop.
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Yeah and there are lessons to be learned from each project.