I have been just in the crypto world for 5 months. I have tried to learn about blockchain, bitcoin, altcoins,... and I realize that blockchain is being abused.
Many projects are launched with the ideas of using blockchain. But actually, blockchain is not necessary to implement their projects. It just seems to follow the trend of tokenization. And their tokens are utility tokens, real "utility", which are utilized to raise their funds. There is no reality application of blockchain. I think everything will be good if it is enough. Will blockchain become worst if they continuely abuse it?
What do you think about this problem?
yes you are right, there are several projects that mention if they will implement the blockchain into their platform and create utility tokens to run the ecosystem but the fact is after ICO ends and the product has been launched they don't keep their promise, even the utility token is not used on their platform (not used as payment on the platform) aka there is no function