Nic Carter, a partner at Castle Island Ventures and co-founder of Coin Metrics, created a matrix chart for some of the crypto-sphere's most talked about innovations.
The chart ranked Bitcoin, blockchain protocols, Libra, and other innovations by maturity relative to hype, showing there is still unrecognized potential in many parts of the industry.
That's why Nic Carter, partner at Castle Island Ventures and co-founder of Coin Metrics, decided to create a matrix chart showing, in his opinion, the maturity and hype of different projects.
Carter shared his maturity/hype matrix on Aug. 8, which included some of the most talked-about industry themes-Bitcoin, Libra, exchange tokens, IEOs, privacy coins, smart contracts, the Lightning network, and others.
Even though Carter noted that the chart was "Very arbitrary and subjective," even inviting people to challenge his opinion, he made a very interesting point with the way he presented his data.
Namely, comparing crypto projects by their hype and maturity shows where there is still room to grow and improve and where different innovations didn't live up to expectations.
According to Carter's chart, exchange tokens are the most overhyped and immature concept in the crypto industry.
On-chain governance and sharding were also too immature for the hype they received, the chart showed.
The thing most people reacted to was Carter's placement of Libra, which he believes to be underhyped.
Dozens of people commented on the chart, saying the amount of press Libra has been getting couldn't possibly be "Underhyping."
Crypto by hype to maturity: Bitcoin, Libra, smart contracts, Lightning, sharding, and more
Published on Aug 13, 2019
by Cryptoslate | Published on Coinage
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