It sometimes does feel like there is a little too much innovation and disruption happening in the crypto space. The effects of this are clear with there being so many projects running simultaneously and everyone claiming their project is the next big thing.
Sometimes it is as if the entire ecosystem would have been better off pushing a few projects to the limelight and developing them instead of the several simultaneous developments that we have ongoing.
The Strategy of the Now
A lot of the projects are relatively unknown. Many have a small but vocal community of supporters that try to outwit competition from other communities and show why their particular project is the next big thing. This strategy has had little success though, as communities remain small and the project receives little by way of attention.
It is possible that our crypto saviour may not come from within but outside the space. While community led pushes are important and ensures a projects survival, We might just get our big break from outside instead. Anything may suddenly compel the mainstream to have a look at our space and realize its relevance.
In such a hypothetical scenario where we get interest from a substantial amount of people who venture into the crypto space, there will be a tussle to attract the attention of these mass adopters.
Strategy of the Future
Going by precedents, the most significant ways in the past a project has managed to stand out has been by price action above everything else. People tend to follow where the money is and this has remained true even for crypto. Unfortunately following the money isn't exactly the best way to judge the future potential of a crypto project.
Many have followed the money and ended up with huge losses and permanent crypto phobia. Following the money isn't the best of strategies because we can be easily led by greed and walk into an obvious trap by even greedier people to profit off others.
The ideal step a potential investor should look at goes beyond price action but things like value proposition, ease of adoption, community and potential to scale.
Conclusion
I think a lot of developers realize this and are actively preparing. There is a lot more value proposition on this space than there has ever been. Perhaps it won't be long before that big break comes and investors troop in for real. I can tell you for free that Hive will be amongst any selections based on the right criteria.
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