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Published by: 19:04, 15 November 2019

Why blockchain projects don't interest people?

Why blockchain projects don't interest most people? Why so few blockchain projects are profitable? Why does the word blockchain make many people lose interest in the conversation?

blockchain projects

Blockchain, a fairly new, promising technology, makes people cringe

A beautiful and truly innovative distributed ledger technology is advancing rapidly. At the same time, it is very slowly adopted by users.

Why aren't people interested in blockchain projects?

Not only that, but lately, mentioning the word "blockchain" makes many people bored, or irritated and rejected. Why does it happen??

There are many reasons that hinder the development of this technology.

1) A well-publicized word combination blockchain (blockchain) was used mostly by swindlers and tricksters who are far from programming and technology.

envion scam scam
One of many scam projects that raised $100 million in cryptocurrency and defrauded their investors

2) Marketers assembled fake teams into fake blockchain projects. Billions of dollars were collected from gullible people far from technology. These investments have only brought most investors disappointment. But the saddest part is that this money (essentially stolen from investors) did not help the development of the technology at all. On the contrary, it set back the development of a promising technology area for years.

Many blockchain projects have set the industry back years

3) Most blockchain projects' teams are focused on "changing the future" but not on producing a finished product in a short period of time. Mitups and conferences at which blockchain startup founders cheerfully report on their mega successes and the unprecedented promise of their technologies have nothing to do with the real world. The purpose of most of these events is to draw the attention of potential investors so that they will once again fund the startup. Most of the startups have no real products that are in demand by users.

4) Most project tokens are very cheap and most likely will never go back to the token sale price. Investors no longer believe in these projects and don't want to fund them. Most ICOs, IEOs, and stock market speculation are unprofitable for investors.

wepower is one of the projects which tokens fell in price many times and there is no hurry to provide the final product
One of the projects which tokens fell in price many times and there is no hurry to provide the final product

5) Time goes by and there are still no popular blockchain products. In every situation in life, there is "waiting fatigue.". Many of us have faced this in real life. A person can live a long life expecting a bright future, but over time, this expectation turns first into apathy, then into irritation, and then into antagonism and resentment.

The task of bloggers and CryptoCoinExpert site is to popularize real blockchain projects

Our main task is to describe really working projects with real, useful for users product. In a year and a half of work of our site we have seen many theoretically promising projects. Most of them are still theoretically promising.

A young blockchain technology is interesting for mass application

We receive dozens of partnership offers from different startups. We keep an eye on their development. Unfortunately, most of them are not interesting even for a deeper study, much less for their description. But among a lot of garbage we find really innovative projects with strong teams of developers.

blockchain projects with a real product

Blockchain technology may again be of interest to a wide audience of people who, over time, will turn into loyal users. Not only that, this technology is really interesting and promising. That's why we decided to focus on describing workable products that can be used to launch a minimal viable product in the shortest possible time.

blockchain projects with a real product

This means that in the near future our readers will be able to see real cases of real products. At the same time, the number of publications will increase significantly.

Blockchain projects with a real product can always count on our help

The authors of our website have learned to understand crypto-projects. Many of our colleagues have been familiar with the crypto-world for a long time, have accounts on authoritative bitcointalk forum and other less authoritative forums. We are constantly studying projects with cryptocurrencies and tokens in their economics.

authoritative bitcointalk forum

The cryptoworld consists of a large number of scam projects, so we will continue to familiarize our readers with these "heroes" as we can.

The blockchain projects working on the development and popularization of this promising technology can count on our help and informational support.

We will be pleased to acquaint our readers with real working products, make their descriptions and educational series of publications. Our Mission - Development! Together we can Popularize technology and increase its acceptance.

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