/biz/ - Business & Finance

My case for ICP
I was just arguing with someone on a forum about ICP on a forum and hes my response.
I was questioned..
“ looks great but it we need to see it get some traction and build a decent user base - there have been a lot of projects that looked amazing and then for whatever reason they just didn't catch on”
I agree but having thought about this deeply, here's what makes me think it's different
1. Dfinity was established 4 years ago, and it's heavily funded. Apparently, they're sitting on $100 million cash, meaning I don't see them going anywhere, anytime soon.
2. All of the OG founders have stayed on, and seem to carrying on with the project. By this I mean, some of the world's best cryptographers and computer scientists. The team has added an extra 50 staff this year and just opened an additional office in Zurich. It was 200 people already ( all mostly with PHDs) so it's a mega strong devoted team. https://dfinity.org/foundation#team
3. They have an extremely long road map (20 years+ in some cases), which so far I can see they seem to sticking too. https://dfinity.org/roadmap/.. They are already working in post-quantum cryptography FFS
4. Most of the developers and team members have staked their tokens for 8 years plus so every decision made is taken with longevity in mind
5. The DEFI ecosystem which is being built, is mainly being built around BTC. This for one is an extremely smart move IMO because A. it gives access to the biggest liquidity pool B. it allows institutional investors ie hedge funds etc access to yield on their BTC, without using a bridge. See case below