I see coins as companies and investing in them is just like investing in startups and is purely a gamble on the company and their product delivery times based on their execution. There is only so much info I can find online so please do your own research. I am involved with the community but my opinions are of their business techniques. Always open to other peoples insight so please leave comments !

*This is not investment advise or a buy/trade call. This is my way of seeing if I made the right or wrong calls and to keep track of the similarities of the calls.

How to gain adoption in the world of blockchain ?

I think this is one of the fundamental things wrong with most projects and companies in the blockchain industry and the current believers in the space.

First off I want to talk a bit about adoption and how humans are, how they react and adjust to changes. To be frank humans don’t like change, the 99% of the people that have not heard of blockchain just don’t care, don’t need to know or want to know because it doesn't affect their everyday lives. If this makes sense than you also understand that adoption is done in two common methods. Forced adoption by money in a form of transition in technology and products or by a slower natural progression in life over time.

Method of adoption matters

I personally think the method of adoption is the most important factor to a long lasting company. Not many projects have the vision for it or the patients to deploy and implement systems over time. Most projects are money grabs hoping to start a business and most actually have never built a company before. One of the major leaders in this space that people despise is Ripple Labs. They are working and getting adoption at the ground level with partnerships and implementing their platforms. Most people hate the centralized concept but they also don’t understand the need for the pivot for the rest of the world to begin the adoption process.

“The proof is in the pudding”. Just look at what they have done, their progress related to blockchain and also the penetration into global markets of their platform. No other blockchain project has done as much as they have with as much traction as they have now. Everyone’s too focused on the hopes and dreams and only a few are working hard to be able to move the economy and provide valid use cases to move into blockchain as a service.

Tortoise or the heir?

So how do you and how would you build a business for the future based on this? I think only a few projects in the blockchain space understand this and evidently position themselves to pave the road for the future at a macro level and the rest of the dreamers in the decentralized world position at a micro level which would than not build a foundation for consumer adoption.

Micro Vs Macro execution

Chromapolis being one of the few as they start off as a centralized entity and will pivot over time into a decentralized model in the future. The original colored coin team that moved into Chromaway learned this the hard way and is now working on new methods to pave the road for the future. By running as a business and centralized entity it gives the team full control of the direction and purpose to pivot, refine and maneuver in this ever evolving space that needs to be done. Do you think the giants like Facebook, Apple, Amazon, Netflix or Google would be where they are if they left it to the community? Drivers of the business and ecosystem are usually almost built by a singular person or a team’s vision and is 100% the driving force to get to that achievement level necessary for adoption.

In my eyes, getting global adoption of a technology or in this case a platform built using blockchain has to be done in a pivotal way starting from being centralized. To be able to work with Fortune 500 companies and providing and enterprise solutions so everyday consumers are shifted into the use of the technology which is what their product Postchain has done. This is the proper way a business is and should be built for adoption and not selling consumers the unicorns and rainbows of one day being adopted. This is selling an actual product, solving a problem for the people by providing the technology that connects blockchain to software for enterprise use that is actually being used.

We all one day want to decentralize what we feel is important, but to be able to sell a product, be self sustaining, innovative and be able to make a difference is not left to the community. The term “Too many chef’s in a kitchen” comes to mind. If you have ran a business, started your own projects or worked in a team environment. This is not something new that has to be explained to anyone.

The Future of Blockchain As A Service

Looking forward in technology and where the space is moving like most companies and startups, making a difference in the world will create the biggest use case with the most users will also apply to the blockchain space. The top 1% of companies built with blockchain will end up being the mover’s and paver’s of the industry like FANG and ultimately the one’s that get the highest global adoption and the other 99% of blockchain projects will get the 1% to adopt.

There are always winners and loser’s and I think the foundation Chromaway is building would set themselves up for the capabilities to take on the challenge. This doesn't mean that they will be the top project or someone won’t be better, it just means that the chances are higher than most to achieve more than what other projects are promising. I like to follow and keep up with projects similar to this model with a macro long term vision but micro movements with deployment and execution for practical use cases in todays economy.