Close Menu
    X (Twitter)
    Blockchain Journal
    • News
      • Blockchain News
      • Bitcoin News
      • Ethereum News
      • NFT
      • DeFi News
      • Polkadot News
      • Chainlink News
      • Ripple News
      • Cardano News
      • EOS News
      • Litecoin News
      • Monero News
      • Stellar News
      • Tron News
      • Press Releases
      • Opinion
      • Sponsored
    • Price Analisys
    • Learn Crypto
    • Contact
    • bandera
    Facebook X (Twitter) Instagram
    Blockchain Journal
    Home » Opinion: no more than 50 tokens can be used in real life

    Opinion: no more than 50 tokens can be used in real life

    0
    By BlockchainJournal on March 3, 2019 News
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Partner of venture capital firm Placeholder Chris Berniske wrote in his blog that only about 50 tokens can be used in real life.

    According to him, if earlier investors were focused on various blockchain protocols, now they are more interested in raising funds using the new technology. He also noted that in 2017, transactions using tokens prevailed on the cryptocurrency market. However, in 2019 everything changed and securities came to the place of tokens.

    Nevertheless, Berniske believes that in the future "thousands of companies" will use the technology of the distributed registry. However, of the vast array of blockchain protocols on the market, only a few of the most successful will prevail. At the same time, he is sure that in 2021 many will regret that they have not invested in certain tokens over the previous few years.

    Berniske also noted that approximately 95% of the tokens on the market simply “do not work”:

    “I would say that there are no more than 50 tokens on the market that have practical application. This is less than 2.5% of the total number of coins presented at CoinMarketCap . However, these 50 projects are inspiring, you can learn a lot from them. ”

    Earlier, BlockchainJournal published a review of the NVT Ratio indicator , created by Chris Berniske and the blockchain explorer Willy Woo.

    Also recall earlier Chris Berniske expressed the opinion that Bitcoin and Ethereum are fundamentally undervalued .

    Subscribe to the BlockchainJournal news in Telegram: BlockchainJournal Live – the entire news feed, BlockchainJournal – the most important news and polls.

    << aside id = "unisender_subscribe_form-10" class = "widget unisender_form">

    BlockchainJournal.news

    BlockchainJournal.news

    Bitcoin blockchain ethereum Featured
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    BlockchainJournal

    Related Posts

    Gold token market soars to $3.9 billion as Changpeng Zhao questions its backing

    October 23, 20252 Mins Read

    Ledger unveils the new $179 Nano Gen5 wallet designed for digital identity and AI

    October 23, 20252 Mins Read

    Turkey’s Crypto Market Moves $200B, but Chainalysis Warns It Is Speculation

    October 23, 20252 Mins Read

    WazirX Resumes Operations and Withdrawals Today After the Massive $234 Million Hack

    October 23, 20252 Mins Read

    KuCoin Launches New KuPool Mining Pool for Dogecoin and Litecoin

    October 23, 20252 Mins Read

    Real estate tokenization in the U.S. advances: Propy invests $100M to modernize titles

    October 22, 20252 Mins Read

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    © 2025 Blockchain Journal

    Type above and press Enter to search. Press Esc to cancel.

    We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.