Evolv | The importance of encouraging the development of blockchain projects
As I mentioned in previous articles about Evolv, this is a company that is dedicated to organizing several events about blockchain topics, the most important is one called World Crypto Conference that will begin next October 29th.
Within this conference, there will be a section dedicated exclusively to developers of blockchain projects, with the aim of joining forces and trying to further improve the quality of projects that use this technology, and thus strengthen the blockchain industry in general. This is something important, because since the decrease in value that the entire sector has been suffering since 2018, many people have questioned whether many of these projects are truly sustainable and if it is worthwhile to support them and invest in them.
The truth is that blockchain technology is quite useful, and it can offer certain advantages when compared with traditional centralized models, but it is also true that in recent years there has been a lot of speculation, and many projects instead of concentrating on developing truly valuable solutions, they focused on collecting funds to then ignore all of their promises and plans. Which can effectively be considered a scam.
The result is that many people think that blockchain and cryptocurrencies are something very insecure that should be avoided, and the only way to solve this perception is to develop platforms that are stable, and have responsible people managing them in a transparent way.
With this developers conference, there will surely be talks about the problems that currently plague this industry, and how people can adopt solutions to solve these problems once and for all.
This is my English translation of a segment from one of my previous Spanish articles.
DISCLAIMER
This is not financial advice, nor a guarantee or promise in regards to any result that may be obtained from using the above content. The information provided here is for informational and entertainment purposes only. It should not be considered as financial and/or investment advice. No person should make any kind of financial decision without first consulting their own financial adviser and/or conducting their own research and due diligence.
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It is very regrettable that by some unscrupulous people the blockchain and cryptocurrencies have been negatively affected, creating a certain mistrust and feeling of insecurity. It is important that serious and responsible projects are strengthened and carry forward with their example the advantages that favour this model of a non-centralized digital economy. this conference seems to be a good moment to reaffirm this purpose. Greetings, @dedicatedguy.
Yes, it is a real shame to know there are scammers but now legitimate projects could use STOs instead of ICOs which is considered a safer method for investors to provide funds for new projects.