Blockchain and cryptocurrency stalwart Brock Pierce has been instrumental in some of the highest profile projects in the cryptosphere. Most recently, the Mt. Gox creditors asked him to help prepare a plan to maximize returns and repair the damage caused by its infamous scandal — so his predictions in Forbes for the next year are certainly worth listening to.
The Rise of dApps
Decentralized applications have been around for a while now on platforms such as Ethereum (ETH), TRON (TRX), Cardano (ADA), and the Pierce-developed EOS. So far, though, they are struggling to find regular users outside of the gambling and gaming categories.
Pierce believes that 2019 will see multiple dApps hitting a million users. He says that the best projects in the crypto ecosystem happen when prices are down. In bull markets, people are too busy getting rich to build things.
He thinks that three criteria must be met to spur mass adoption:
They have to be scalable. They have to be fee-less and frictionless. They have to be fast. No one will use…