Interviewer: Today we are at the University of Basel with Vitalik, who was awarded the honorary title today. Vitalik, you are one of the creators of Crypto Valley in 2014. How do you think, how has it changed since that moment?

Vitalik: Undoubtedly, it has greatly expanded. In 2014, when we were just starting, a couple of other companies worked with us, with only a few part-time employees. Every time I come back here, I see how the valley develops. Its rapid progress is also indicated by the interest in blockchain technology from various universities and large companies. I am also very pleased with the fact that legislators are positively disposed towards cryptocurrencies, it is definitely easier to work without problems with regulators.

Interviewer: Thank you. Today we see how the cryptocurrency market and ICO are declining, and market participants are disappointed. What do you think, what and when should happen for the market climate to change? What is your forecast for 2019?

Vitalik: I believe that for the further development of the blockchain sphere, we need to see more real cases of using the technology. The next wave of cryptocurrency integration will not be based on the hype, since this period has already passed. It will come with real applications that will bring people some benefit.