Ryan Sean Adams just asked: “Do you think the bull market is over?”
No. There’s ~25 M software developers worldwide. Assuming there’s only 5% working in blockchain/crypto rn then the ceiling for new products and services is significantly higher than today’s offering. And that’s just the supply side. How many consumers have yet to on-ramp?
Obviously it will take a full product roadmap cycle to get another [say] 10% of developers worldwide on-ramped to blockchain/crypto platforms. But two things contribute to this accelerating:
Nations and cities opening up from the pandemic. Expect in-person collaboration to heat up the pace of adoption for new platforms and tools. Likewise, expect conferences to explode in numbers; where small events seed ideas that germinate into the bigger conferences.
Predicted this a few years back but expect big, enterprise corporations and cloud vendors to ramp up blockchain/crypto practices. Go search Indeed and see the hiring frenzy VMWARE is going through right now. It’s unlikely they would do this without significant demand from their enterprise customers.
Don’t watch 5% growth from the sidelines. Jump in and start building? We need everyone involved to create value for all markets.