/biz/ - Business & Finance

>>25041736
kek

>>24232977
>77

$81k

I'll start by saying that when I got into crypto in May 2017 the feeling was very much that we had "missed ETH", and there was a lot of doubt about whether another opportunity like that would come along. So in simple terms, yes, large opportunities will continue to arise as the space matures.

A more complete answer is as follows: I think we can consider the settlement layer as "done". Whether it's ETH2.0 (which it almost certainly will be, watch Wolpert's latest Baseline talk at ETHglobal) or any of the other pretenders, lets just assume that the L1 race is too crowded, too highly valued, and too mature to really justify the ground level opportunity that LINK provided in 2017, or ETH in 2015-6.

Also worth keeping in mind is that, as the credibility and mainstream acceptance of crypto grows, opportunities like LINK in 2017 will decrease. VCs are watching now, they won't "miss another LINK", and just look how many credible projects have immense VC backing out of the gate. It's good for teams because they have reliable, known investors with long attention spans, not something you're guaranteed when you sell your ICO to a bunch of retard speculators. This trend will only increase. Retail investors will have less and less opportunities to get in at the absolute ground floor.

Another thing to consider is just how much market share Chainlink is gobbling up by owning proprietary TEE solutions, DECO, mixicles etc. All of these innovations coming under the Chainlink umbrella make it an incredibly feature rich product, and amazing for LINK holders, but the more features that get funnelled through Chainlink, the less room for competition. Competition which would otherwise constitute more opportunities for investors.

cont.