Extra importantly, degens and whales are speculators and liquidity suppliers, not “customers” correct. To ultimately scale back market cyclicality, crypto tasks want to seek out precise use circumstances the place they will beat present companies. For now, the plain circumstances 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 big market, however the precise benefits of crypto are a bit much less clear.
