Optimism

Less than two months after Trump’s presidency, Bitcoin entered the bear market, affected by a wider contraction in global stocks. After recently reached the highest level in six numbers ever, the largest cryptocurrency has now decreased by maximum market to about $ 80,000, which represents a decrease of approximately 25 % of its peak in January. This sudden but frequent trend highlights a major fact: Web3 is still severely affected by speculation and marketing the market.

However, I have some optimism to participate after our team finished fruitful and constructive participation in EthdeenverOne of the largest annual Ethereum and Web3 gatherings, mixing breakthroughs, conferences and innovations that depend on society.

Ethdeenver gives priority to innovation on noise

Like everywhere else, artificial intelligence (and Decentralization artificial intelligenceThe topic of discussion was in ethdenver. However, the difference is that the presence of Ethdeenver emphasized my faith in what we build. At least, it is proven that we are clear about what we do.

After traveling around the world for encryption events over the years, I left mixed feelings. Sometimes I feel confused and confused by the extent of operation of some projects and investors only starkly on the narration instead of actual innovation or concrete products. It is a jaw to see the number of times that the great ideas follow the practical implementation.

Take a broader time view of the development of the encryption industry, for more than 24,000 cryptocurrency currencies in Coingecko from 2014 until the end of 2023, More than 50 % They died. 2021 was the worst year: more than 70 % is exaggerated in that year. A 2022 studies I found that less than 50 % of the best 100 encrypted currencies depending on the market value have a business product, with highlighting the number of projects that are carefully working on novels instead of providing real value. Looking back, a 2018 Analysis It reflects the same reality. He revealed that only 36 of the best 100 encrypted currencies have active and available products for the public.

While the most recent data is rare, the lack of updated studies themselves reflects the chaotic nature of this space – as it remains difficult to conduct and deceived it is difficult. Even with old studies, the trend remains unchanged, and is in line with my notes on the industry that noise is often driven more than actual progress.

Recently, we also saw Politicians pump and emptying Plans, which affect millions of retailers and also emphasize the risks in the industry, are often driven by speculation more than the article.

For years, she called for a more approach based on innovation, especially in artificial intelligence. The key to sustainable progress is not in chasing bright concepts or formulating the ideal stadium surface to attract investors-it is in a deliberate implementation, to find applications in the real world that converts ideas into viable works.

Fortunately, Ethdeenver was different. This time, the team and I have faced many bright minds who honestly focused on construction instead of chasing the latest noise cycles. We have seen convincing ideas that show obvious use and practical applications. To increase the enhancement of the culture of calm innovation, we hosted a HACKERHOUSE CompetitionWhich attracted a huge level of attention and participation from emotional programmers throughout the United States, giving me projects from this competition tremendous optimism for the future – as some builders are quietly pushing forward with condemnation and purpose.

Winning the Deai projects that inspired us

First place went to Team Labsdao, which has developed LabsMarket, the decentralized Amnesty International Market linking contributions in the real world with the economy of human artificial intelligence. Their basic system allows to download safe data, registration of intellectual property, and MLOPS integration.

The second place was granted to a thousand monkeys of thousands of writers for their project. Frost is the decentralization and the distinctive symbol program designed for Deai Layer-1 Blockchain, with the aim of laying the foundation of AI’s integrated infrastructure.

Third place went to OoredCAptcha, a team that has been fully decentralized data teaching protocol on the series. Their solution guarantees the validity of the SYBIL artificial intelligence data, which makes it an important tool to put signs of data that works with artificial intelligence materials.

These teams are not just a theory about the future, but actively. Their dedication to decentralized artificial intelligence, the practical applications of Blockchain, and the development of strong infrastructure indicate that while the market fluctuates, the material prevails.

The last ethereum crisis and the need to focus in the long run

Meanwhile, while Ethdeenver was a refreshing show for real builders, the wider encryption space – especially the ETHEREUM community – faces another crisis of confidence. Ethereum and Vitalik Buterin were at the center of the controversy, with doubt about the dynamics of the distinctive symbol of ETHEREUM and a long -term vision. Continuous discussions on ETHEREUM centralization, expansion bodies, governance challenges, and feeding the emotional feelings and doubts about their future.

This is another reminder that the Crypto courses brutally reflect in exposing projects that flourish on the noise rather than sustainable innovation. Many projects that were celebrated during the bull market are facing existential crises, unable to justify their enlarged assessments. But history showed that real builders are still continuing through this decline, improving their products and proving their value over time.

Slow fast: Building through noise

Although the broader market may be negative, Ethdeenver has strengthened my belief that slow, fixed and thoughtful development is the only path of long -term success. The real breakthroughs will not come in artificial intelligence, Blockchain, and Web3 of those who chase noise in the short term, but who want to adhere to solving real problems, one block at once.

So yes, the market may have decreased, but my optimism is still high. The future of artificial intelligence and its decentralized approach is built by those who give the material priorities over the scene. This is where the real value lies, so I am still optimistic about the road forward.