Re: [ANN]🚀🚀🚀Merit🚀🚀🚀[Proof-of-Growth][PoW][Vaults][Aliases][Escrow][No ICO]
Here is what I think so far:
My only concern now is really about timing. Many of us here are crypto fans, and have been watching bitcoin a long time. And, there has been a lot of growth in users in the last 12 months, but I think most of them are investors, not "daily users."
So I am wondering -- when will crypto "go mass market?" Or maybe, "will crypto ever go mass market?" If the answer here is "no", then of course it means trouble for all cryptos.
Merit seems to be on the right track in making it easier. If it continues its growth, but not just for the sake of investment, but actually for usage, then I think this project could be very well positioned.
- Strong team
- Well-executed product
- Seems like strong community
- PoG is a pretty good idea
My only concern now is really about timing. Many of us here are crypto fans, and have been watching bitcoin a long time. And, there has been a lot of growth in users in the last 12 months, but I think most of them are investors, not "daily users."
So I am wondering -- when will crypto "go mass market?" Or maybe, "will crypto ever go mass market?" If the answer here is "no", then of course it means trouble for all cryptos.
Merit seems to be on the right track in making it easier. If it continues its growth, but not just for the sake of investment, but actually for usage, then I think this project could be very well positioned.
Thanks for doing your own research and the recap. that's more than a lot of crypto readers
I agree that Bitcoin will struggle with mass adoption due to a handful of reasons, but the investor mentality for sure.
Not that Merit isnt an investment (or gamble however you see it) but the points you made about the team + product + community + creative approach to growth rewards ... I think they have something more unique and special.
Building the bridge to future exchanges and future retailers + shops that have little crypto background will be a HUGE win.
I recall one of the Devs saying the primary audience isnt the crypto community - it's the ocean of the real world users. Very encouraging.