Due to the implementation of new regulations in the space, and countless scam projects, people’s confidence in the futuristic technology and currency has diminished. Bitcoin and the blockchain, however, are not going anywhere; 2019 is gearing up to be a huge year in the industry.
Cobus Kruger, Co-Founder of Stackr, explained that in 2019 the market will continue to “shake out,” however it may not be such a bad thing.
“The shake out in the ICO space will continue in 2019 as the market tries to find its feet, which is a good thing as mostly quality teams and projects will remain. Blockchain technology is in a good place though with wider application of the blockchain principles being utilized in the traditional space, especially financial services,” Kruger said.
To read the complete article, go to www.cointelligence.com