Increased activity within the cryptocurrency ecosystem within the past few weeks has given rise to many questions. The fallout of critical decisions has also raised questions as to who benefits or gets hurt as the crypto space develops.
Iconomi adviser on business model development, strategy and branding, Zenel Batagelj speaks to Cointelegraph on the three key segments involved in the new crypto economy. Zenel Batagelj, Iconomi adviser The key players
Batagelj says that there are three key segments involved in the new crypto economy. First, there are those directly involved in cryptocurrencies, who believe in the new world and have most of their assets within the economy, some of them even working on applications.
The second segment, according to Batagelj, are the early adopters, known as the investors who look for short and mid-term investment opportunities.
The third segment that Batagelj points out are the miners. Characteristics of the segments
According to Batagelj, the first group, the involved, act as a tribe, with a highly developed value system and ethical standards, sharing the vision that they are building something new which is much better than what exists. Regarding ‘coins’ as investments, they are taking them as long-term investments and they are used to ‘up and downs.’
The DAO story is just one of the ‘downs’ already seen and they strongly believe the only direction is up. In ‘investment’ terms they are willing to go for the greater good, also for the price of some small losses.
The second group, the investors, are different. Batagelj says that this particular group look at the whole picture from a short-term perspective, especially how to make maximum gains.Batagelj says: “The current situation is rather frustrating for them due to uncertainty, an extremely high level of volatility, not understanding what is going on and abysmally bad, non-transparent […]
