Many people have compared the cryptocurrency industry to the Dot Com Bubble in the early 2000s. Similarities noted typically include the massive rise in valuations, lack of substantial use cases, and large amounts of speculation over the future value of technology.
A defining feature of most cryptocurrencies is that they are distributed in nature, meaning they are not issued by a central authority.
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As blockchain technologies become more accessible, we will likely see new players emerge as leaders in this industry. It will be interesting to see how incumbents prepare for inevitable disruption. We are likely to see acquisitions as well as resource investments made by existing enterprise-powerhouses to keep up with the changing times.
Here are a few ways detailing how the disruption is coming to real estate.
JoyToken has developed an enterprise-grade, infrastructure protocol designed specifically to address many of these problems rampant throughout the gaming community. They are committed to creating a thriving ‘casino-game’ ecosystem that empowers creative game devs, of all sizes, easy access to operators and clients.
Looking back at the prediction at the closure of 2016, some cryptocurrency experts had predicted that it would hit the $3000 but as it is evident, it surpassed that mark by over $10000. The first week of 2018 has seen the rise and fall of some cryptocurrencies.
There are many reasons to get in on blockchain and cryptocurrency now. The explosive growth of Bitcoin, Ethereum, NEO and countless others are just a few examples. Beyond the investment potential, these technologies are already transforming the world we live in.
Traditional financial service providers, built on top of legacy infrastructure and dated practices, are quickly becoming obsolete.
