The fast-paced nature of information and the jet-speed rate of birthing innovations in the world today, especially in the crypto-space, is indeed true; little wonder many projects are seemingly ‘chasing the wind’, having lost purposeful direction, (if they ever had one) because they’re lost in the maze of raging crypto-tides; it’s not new to find projects today, overtaken with the desire to make a few quick bucks by hyping up the price of their coin (through whatever means) and before you say jack, they’re non-existent, they quickly pale into thin air and fade out of ‘crypto-memory’. How unfortunate!!!!!!!

DISADVANTAGES OF PUMPING PRICES ARTIFICIALLY

1. Projects die pre-maturely.

2. It’s against the very idea of cryptocurrency ab-initio, which is to become an everyday product for everyone.

3. It discourages new and heavy weight investors because it presents an unstable outlook.

4. It favors only a few.

5. It could really be misleading.

“I think there’s too much emphasis on BTC/ETH/whatever ETFs, and not enough emphasis on making it easier for people to buy $5 to $100 in cryptocurrency via cards at corner stores. The former is better for pumping price, but the latter is much better for actual adoption”

These are the recent words of a famous crypto personality.

Seriously, it has never been this pertinent for the entire crypto-verse to concentrate more on mainstream adoption rather than temporary bliss. It’s a collective effort and it has to be consistently sought for, putting the advantage of all and sundry in mind; but are there “rivers to cross” for cryptos to breakthrough?

HURDLES AGAINST MAINSTREAM ADOPTION

1. Lack of education: More and more people should become comprehensively aware of blockchain and its uses; mis-information or no information at all is one of the factors that needs be eradicated quickly.

2. The technicality involved: cryptos must generally become easy to use.

3. Scalability: the operability of transactions must be improved upon so that at no time should users’ funds be stuck in the network.

4. The body language of regulatory organizations has to be understood clearly. Users are going to feel safer with the right legal parameters in place.

Needless to say, it’s a savory experience to find the price of one’s token appreciating, but should deliberate creation of hype to pump up the price be fiercely romanced at the expense of other pressing indices such as community expansion and pro-activity, value creation, use case development and functionality, just to mention a few?

It’s like putting the cart before the horse, it won’t just work, definitely not in the long run. Someone said ‘the less is included in the greater’, and he’s so right. If it is correct that the growth of price is included in the display and manifestation of value, it shouldn’t then be chased in the short run for ephemeral gains.

The question is , what should be the FOCUS OF CRYPTOCURRENCY PROJECTS TODAY?

1. Resourceful Partnerships.

2. Value creation.

3. Marketing and publicity.

4. Community growth.

5. Corresponding support system.

6. Seamless and fast transactions.

7. Education and enlightenment.

8. Research and development.

BENEFITS OF PROPER FOCUS

1. Real needs will be solved because true value will be seen.

2. Crypto will be easier to use than it is now, because several flexible payment-media would have been developed.

3. Increased speed of transactions is another good experience we’d have once there’s mainstream adoption.

4. Wallets will be more secure. Funds will be safer.

5. More Heavy players and game changers will find the system accommodating.