Is Transaction Volume The New User Metric

reverseacid(56)

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How do we identify which project is worthy of investing in? Do we follow a new framework or adopt the existing framework?⁣
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A typical VC investor will want details of revenue, usage, and user acquisition. There are certain benchmarks they want a piece of software to exceed before they put money into it. They need to know what they're investing in truly has a market. But we have none of those metrics in cryptocurrency.⁣
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We have usage, but it isn't accurate. Usage depicts the number of direct participants who run a node on the network. But real usage goes far beyond that. Many people don't have their own nodes but very frequently use a network. Take Bitcoin itself for example. There are roughly 9500 nodes on the network. But the number of people transacting over the network is much higher.⁣
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For this reason, I believe the new "user acquisition" is transaction volume on the network. The amount of transactions shows real usage. It includes node and non-node transactions. This is likely to be the key indicator for network growth going forward.⁣
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🌩️ What's do you believe is the best way to evaluate cryptocurrencies? Comment below 🔽🔽🔽⁣
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➡️ Follow @reverseacid for more cryptocurrency discussion and perspective!