What are some thoughts and opinions on Hydro?
There are some things I like about the project, but I remain a bit skeptical. It definitely looks like a day traders paradise for the time being, but does anyone have an opinion on their long-term outlook for hodlers?
I initially felt like the team has too lofty of goals trying to provide solutions for the financial institutions. Mostly because I feel like these institutions will eventually create or use their own tech eventually... Although, after listening to the founder on a podcast recently I feel like they at least have a solid understanding what they are trying to do and a knowledge within the space. With that said they have a pretty small team and also are relying on the "thousands of developers" around the world to contribute to the project. Their discord channel is a ghost town and not sure how many people are trying to contribute.