Decred has been steadily developing its technology, ecosystem and overall project awareness. This steady stream of incremental changes has improved the project’s positioning in the digital payment space, which the market has failed to appreciate so far.
Awareness has been the main obstacle for Decred, but since the initiation report, the community has taken significant steps to overcome it. The marketing strategy executed by Ditto PR, as well as the broad community effort in regards to listings and token liquidity, have elevated market interest in the project. If this momentum continues to build, it will likely catalyze greater adoption rates of the protocol and ecosystem development going forward.
At the same time, Decred core value proposition as ‘Bitcoin with governance’ continues to improve, as new proposals continue to be submitted and approved through the Politeia system.
This has helped the project build a track record and solidify its case for longevity and sustainability of the network.
With a number of technological and adoption-focused milestones and steady progress, Decred looks significantly underappreciated, even given the current market.
The project continues to improve its awareness and adoption, while, at the same time, supplying a steady stream of technological catalysts. The positive dynamic is indicative of a fundamentally sound project, whose value the market is only starting to realize.Read full report
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Convex’s business model is built on Curve, a DeFi blue chip that continues to be one of the market leaders. It repackages Curve’s governance into a liquidity bootstrapping product that is already being used by projects like Abracadabra and Alchemix, and there is potential for more projects using it down the line. Ergo, Convex is one of the few examples of business-to-business models in crypto.Read full report
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