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Thursday, May 22, 2025

Why crypto remains niche and far from the mainstream - Forkast News

The crypto world is plagued by products that are hard to use and have little utility, writes Roman Kashcheev of Quantfury. What can turn things around?
Cryptocurrency continues to capture the imagination of proponents and make headlines on an almost daily basis. But in many respects, it remains an immature industry with relatively few use cases. The main struggle right now is adoption, especially during a bear market — in terms of raising overall awareness and encouraging more people to actually utilize both cryptocurrencies and blockchain technology in everyday life.
For the past five years or so, buzzwords have too often defined the industry. In 2017, initial coin offerings (ICOs) were all the rage. Today, non-fungible tokens (NFTs) are essentially the ICOs of five years ago. Next year, there will likely be a new crypto buzzword.
Due to the industry’s obsession with flashiness over substance, not enough companies in the crypto space are focused on building a quality product from a...



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