Top 3 Reasons Why Crypto Projects Fail and How to Find the Good Ones!

<p>The crypto industry was born over a decade ago as a corollary to the Bitcoin thesis.</p> <p>Bitcoin solved the decentralization of money. For the first time in history, we have a hard monetary instrument with no natural issuer, working on a global, secure, decentralized, and permissionless digital network.</p> <p>Bitcoin showed that tools and applications fundamental to human flourishing &mdash; such as money &mdash; do not need to be in control of any particular entity or authority. It showed that humans may gain sovereignty over essential elements of our socio-political and economic interactions.</p> <p>Why is that important?</p> <p>Because history shows that power corrupts, and entities that gain control over critical resources amass too much of it to remain sane.</p> <blockquote> <p><strong>Were we to succeed in decentralizing something as strategic and coveted as money, why stop there? Why not do the same with other essential applications?</strong></p> </blockquote> <p>That is the fundamental proposition of the original crypto ethos and the question that got me interested in this space. However worthy the proposition may have been, things didn&rsquo;t play out in the best possible way.</p> <p><a href="https://medium.com/geekculture/top-3-reasons-why-crypto-projects-fail-and-how-to-find-the-good-ones-9d58fed4a35b"><strong>Read More</strong></a></p>