Placeholder venture firm’s partner Chris Burniske wrote in his blog that approximately 50 tokens could be used in real life. According to him, earlier, investors were focused only on various blockchain protocols, but now they are more interested in fundraisings with the use of a new technology. Nevertheless, Burniske believes that thousands of companies will use distributed ledger technology in the future. However, only several the most successful blockchain protocols will be the leaders of the market Therefore, he is sure that many will regret in 2021 that they haven’t invested in particular tokens earlier. Burniske also noted that 95% of tokens existing in the market just “don’t work”. To recap, earlier, Chris Burniske told that Bitcoin and Ethereum are fundamentally undervalued. |
