Cathie Wood: Blockchain Development Exceeds a Decade, More New Chains to Launch in the Future
ARK Invest founder Cathie Wood stated that blockchain technology has been developing for over a decade, and more blockchain networks will be launched in the future. As new chains enter the market, understanding how different chains achieve scalability, establish profit models, and attract users will help grasp the competitive landscape of the blockchain industry. Wood shared an analysis article written by Lorenzo, stating that it provides an easy-to-understand framework for understanding the business models, trade-offs, and market entry strategies of different blockchain projects during their expansion, commercialization, and user acquisition processes.
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