1confirmation founder: The crypto narrative will shift from short-term speculation to providing on-chain financing for projects that change the world

ChainCatcher news, 1confirmation founder Nick Tomaino expressed the view that the focus of the crypto industry will eventually shift from chasing weekly short-term narratives to providing on-chain financing for high-risk projects that aim to change the world. These projects include Network States, public goods DAOs (such as military, police, fire services), space exploration, lucid dreaming technology, and other high-risk initiatives.

Tomaino emphasized that these projects struggle to secure funding through traditional financing channels, while the innovative financing mechanisms of the crypto ecosystem will offer new possibilities for them.