Extra importantly, degens and whales are speculators and liquidity suppliers, not “customers” correct. To finally scale back market cyclicality, crypto tasks want to search out precise use instances the place they will beat current companies. For now, the plain instances are nonetheless fairly restricted: cross-border funds (principally significant for BTC), NFTs (principally significant for ETH) and, to a lesser extent, gaming – the place there’s a enormous market, however the precise benefits of crypto are a bit much less clear.
