BREAKING: #Bitcoin eclipsed $1 Trillion Market Cap for the first time in history, now here’s a sector of blockchain that you’ve probably never heard of that will 4x this valuation.
Time for a thread 👇👇👇
1) It’s not about the money…
100s of thousands of developers contributed to the internet with relatively low priority in making money. What motivated them?
Cooperation, mastery of their craft, and joy of creation.
2) Cryptocurrencies are the gateway, not the destination.
Most come for the money, but those who stay for the tech will witness a revolutionary shift unlike any the world has seen.
3) The Catalyst: projects building the Open Decentralized Internet.
Unlike flashy coins that seek the spotlight for a finite period while competing among themselves to provide the quickest monetary fix, there exist projects who compete against the legacy IT stack itself.
4) Contrasting in approach, but companions on this journey are the following projects:
5) #Elastos is Open, Decentralized, and Grassroots.
The Open Decentralized Internet will be built from the bottom up with individuals steering the helm.
It might not be the smoothest journey (see #Bitcoin), but it is the one that will ultimately prevail.
6) The tech stack has evolved over 3+ years and is poised for exponential growth in 2021.
Multiple teams span the globe focused on their Peer-to-Peer network, Decentralized Identity, Personal Storage, DeFi, mobile and web applications, decentralized governance, and Data Policy.
7) Building an extension of the Internet will become increasingly desirable and attainable through this technology.