When we look at the world of tech since computers came to be we have seen a drastic increase in terms of how fast evolution has happened into these sectors. If we look at the timetable for computers to the internet it looks something like this...

Computers happened a long time ago and it's pretty wild with FTP and TCP/IP as those are still things I use to this day. My main introduction to computers happened early 90's but you can see who quickly things blew up in the early 2000's which was a little over 10 years after the world wide web became a thing.

2009 was Bitcoin and now today at 2024 we have a vast network of blockchains which reminds me of the growth spirt that the internet had in the mid 2000's. Wordpress was a powerful solution as well which pretty much made anyone able to build a good looking site from little. It spawned in a massive evolution of articles which we still see to this day as one of the best solutions to find information.

So how does this all apply to Crypto now you might be asking?

TokenFi

In order to create your own token you had to know a little know how and development skills to do so. Such as we saw with layer 2 solutions for Ethereum. It was limited and it only sparked a few new projects. That has grown of course but it's a rather expensive and labor intensive process still.

TokenFi now aims to make it even easier. I would compare it to the likes of Wordpress for the internet. Where it gives every day users the ability to create their own token.

HIVE

Now I would say Hive has a somewhat easy solution to this but to me it's more of a system that runs on top of the blockchain more then being directly connected to hive via HiveEngine and the BEE token. It's a good solid system though but VSC might change that as being more of a EVM for Hive and directly connecting into it on more levels. It will be interesting to see how that shapes up over the rest of this year.

RWA

Now TokenFi also is looking also get in on RWA (real world assets) without the user having to write any code for it. It supports ERC20 and BEP 20 tokens.

Now while this all sounds well and good I don't believe that this system is going to really take off on it's own. Having a bunch of trashy projects launched isn't going to get you anywhere really. Instead you need some flagships to really build ground and news worth buzz to get others involved.

Evolution

What it does do however is opens up more solutions as a way to do things that other blockchains can adopt that are bigger. For example Ethereum or a layer 2 token of $ETH might build a like platform that would create their own ecosystem that's more niche specific.

Being niche specific with these smaller layer two and layer three tokens I believe is going to be key to their growth instead of trying to compete with the likes of layer 1 tokens.

These more custom niched solutions would be your "websites" you have today while computers would be the layer 1 asset and the internet or infrastructure of the internet would be your layer 2 assets which help the layer 1's. I hope that makes sense because I personally believe that's the direction we are heading.

The other aspect we need to learn from this is that unless your blockchain is constantly developing and launching new projects people want to use then you're blockchain is now going to die and be replaced by something else.

There are now simply too many options to just sit back and do nothing. Those days are gone. If you're not building the over 10,000 other blockchains will take your place. Take note of this as you start to invest into layer 1 and layer 2 blockchains rolling forward. A good healthy development is most likely a much better investing overall.

*This article is for entertainment purposes only and is not financial advice. Do your own research before investing.

Posted Using InLeo Alpha