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The importance of ‘ghost rate’ in gauging meaningful adoption

Published 06/26/2023, 09:00 AM
Updated 06/26/2023, 01:20 PM

All day I talk to founders in the blockchain category, and all day I hear the same thing — the importance of adoption. Adoption is what everyone is chasing at all costs. This makes sense since the resiliency, overall network effect and ultimately the value of a blockchain rely on people using the infrastructure to transact with one another, at scale.

These founders have built roads that currently lead to a massive, undeveloped landscape. So, wanting to focus on adoption is perfectly sensible and reasonable.


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