DeFi and other blockchain verticals (social media, gaming, art, news, etc.) still exist, but they are limited by the current state and access to underlying technology (just as the early web was constrained by underlying technology and access).

Now Fantom is equivalent to the early 1990s internet, and in five years, Fantom will need a more humble approach. Fantom focuses on UX and layer one scalability, while Ethereum focuses on layer two and relayer UX.

Andre Cronje shared a letter with the Fantom Foundation team, reiterating its goals and priorities for 2023.

The recent decline in the cryptocurrency market has revealed systemic flaws, necessitating regulation to curb irresponsible behavior and protect consumers.

After announcing his exit from the cryptocurrency industry on March 6, Andre Cronje publicly spoke out today and wrote about his views on the current spirit and culture of the cryptocurrency industry.

Two core components: on-chain liquidity for foreign exchange and decentralized fiat on-off ramps.

After previously publicly criticizing the community for its excessive focus on coin prices, AC has once again spoken out, believing that the current market rewards scammers and plagiarists.