Ethereum Founder Explains Opportunities In The Crypto Industry

Smart contract platform Ethereum founder Vitalik Buterin has revealed the three biggest opportunities he sees in the crypto industry right now.

Buterin spoke about the opportunities in the industry by participating in a live broadcast of a Youtube channel that has about 200,000 subscribers yesterday at noon.

Buterin first mentioned that with the growth of the industry, areas of opportunity are less obvious than before. Despite this, the Ethereum founder thinks there are three major opportunities for the industry.

Crypto Wallets

Vitalic Buterine He believes the first big opportunity in the crypto industry is in wallet apps. Although the number of fruits on the branches has decreased, the opportunity still remains. The ETH inventor mentioned that it is not impossible to produce a universal crypto wallet application that can be used by a billion people.

stablecoins

The crypto phenomenon is due to declining demand for paper money and being a non-speculative product. stablecoin announced that the market is still growing. According to Buterin, a stablecoin that can withstand even hyperinflation could play an important role in the industry.

Blockchain Based Social Media

Buterin, finally Web3 and blockchain He stated that he believes that a social media platform where technologies are used together can rival Twitter, Facebook and Instagram. For example, although it is not currently possible for a user to use Ethereum as a business platform where they can log in at the same time, this issue may come up in the coming years.