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Author Topic: What use case is crypto lacking today?  (Read 152 times)
Jating
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February 06, 2022, 01:00:13 PM
 #21

I do agree with most posters here, the market has been saturated already and there are even more projects in one industry, i. e. medicine. So maybe this 2022 we won't see any projects that will stand out because we have so many projects already. And there are so many copy cats that the competition became stiff and everyone wanted to be the number one in their field.
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February 06, 2022, 01:12:41 PM
 #22

I can't even think of anything specific since every day plenty of projects/startups is launched with their various use cases for their respective native tokens/coins, so we probably already have all the use cases you can think of.
Probably the common problem is implementing those use cases in the real world, using it and utilizing it, and not just part of the plans written on a digital piece of paper.

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February 06, 2022, 02:35:42 PM
 #23

Let's discuss about new use case that's still not on the blockchain/crypto yet, if you are a developer wannabe what use case do you think we still don't have yet or already in crypto space that can make waves in the future?

We always talk about use cases which new crypto projects should develop. Maybe we should first use the use case for which crypto was actually developed: Payment! The very few people here use crypto as a means of payment but only for speculation, which is understandable given the price development, but which completely misses the point of crypto. Just the fact that after almost 13 years of existence here in this forum there is still no integrated way to pay other users Bitcoin, shows the whole dilemma.
Yes, I agree that crypto needs to develop more in the payment system. With so many cryptos that we know, only a few cryptos are available on the local market: bitcoin. But it may be difficult to find a local market accepting crypto as the option to pay for any stuff or product we buy. Maybe it will be available in some countries but not in all countries.

The use case of the crypto project itself said that they would integrate their project into a real business in real life but once the token enters the market, it seems the project is stagnant or not more developing to achieve their first goals. Maybe one or two or more projects are still trying to figure out how it can be available to be a payment option but the other project still does not yet show the use case.

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February 06, 2022, 03:10:06 PM
 #24

Let's discuss about new use case that's still not on the blockchain/crypto yet,
It's quite difficult to discuss this. Almost all of the ideas related to blockchain development have already been taken by so many developers. Even some developers were also creating a nonsense idea that can't be real. I think that the room to explore the idea to be connected with the blockchain became even smaller and this time the replication of the same idea is very popular among cryptocurrency developers.

if you are a developer wannabe what use case do you think we still don't have yet or already in crypto space that can make waves in the future?
It seems like insurance related project is rarely to be found. I saw this on the crypto market. I have heard that some insurance projects were exist but these projects went to hell. that's very difficult thing when you are looking for a unique idea that is not yet implemented anywhere.

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February 06, 2022, 03:33:24 PM
 #25

I hope blockchain is used during elections, because the system is transparent and reliable, so it can be relied on by enthusiastic people in voting for their rights to make them the leader of the country, as we know the current election is a lot of dishonesty and a lot of manipulation
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February 06, 2022, 04:19:32 PM
 #26

I hope blockchain is used during elections, because the system is transparent and reliable, so it can be relied on by enthusiastic people in voting for their rights to make them the leader of the country, as we know the current election is a lot of dishonesty and a lot of manipulation

Almost impossible to make the elections using the most transparent system right now since it's a polictical thing and in a politic there must be something with the lobby and the power of the people affected the election result.
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February 06, 2022, 05:58:28 PM
 #27

Let's discuss about new use case that's still not on the blockchain/crypto yet, if you are a developer wannabe what use case do you think we still don't have yet or already in crypto space that can make waves in the future?
With the number of the cryptos that we have on this space I am not sure if there are still lacking with them but I think there's none already because if you can noticed most new projects that comes out are being rejected or have died automatically because they cannot offer something that is unique.

Their developers cannot think of something that will make their project ground-breaking and if there are people that do not like the current state of the cryptos right now just because they think it lacks of something then that is their problem anymore. It is not the cryptos that have a lack but it was their understanding. Cryptos are doing a good job already we know that.

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dbc23
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February 06, 2022, 06:19:10 PM
 #28

NFT has cut across all the left use cases of the Blockchain technology and I doubt if there is anything left to explore except making constant upgrade and improvement on the existing models laid down. Crypto has really changed the spere of investment and project development as virtually everything is now dogitalized and has been given value. For now we are just waiting for the entire government of the world to embrace the technology fully so we can incooperate it into the political and societal growths
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February 06, 2022, 09:01:49 PM
 #29

Let's discuss about new use case that's still not on the blockchain/crypto yet,
It's quite difficult to discuss this. Almost all of the ideas related to blockchain development have already been taken by so many developers. Even some developers were also creating a nonsense idea that can't be real. I think that the room to explore the idea to be connected with the blockchain became even smaller and this time the replication of the same idea is very popular among cryptocurrency developers.
It is not about the idea, it is about taking the blockchain further into something new. Just imagine how we moved to decentralized finance (defi) last year, not that it was teh first time it was ever created, but it was certainly the first time it got super hyped, or look at how NFT is popular, or look at metaverse. These did not existed just 3-5 years ago, but blockchain existed for 10+ years now.

This is a proof that blockchain could be used for many different things. Do not just imagine the current blockchain we have and how it could be used, think of the blockchain idea itself, and how it could be improved. If the original bitcoin blockchain was the only blockchan there ever was, then we would have been in a much worse market. What happened was the fact that people took what satoshi did, and improved on that and then used it on their ideas.

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