Blockchain Ecosystem Development
The blockchain ecosystem consists of various blockchain protocols’ ecosystems (Bitcoin, Ethereum & alike). All blockchain protocols aim to grow their ecosystems and tech while growing the overall market which is still small compared to other industries and the overall open source community. Since blockchain is based on a peer-to-peer network the infrastructure is distributed. Participating in the network comes at a cost and must be beneficial to various stakeholders. The value of networks is created from usage, size and future potential. Therefore, developers, companies, businesses, projects and investors must be onboarded to the ecosystem and incentivized to support its growth. The creation of incentives and alignment of interests is complex but important for adoption & sustainability.