The Gartner Hype Cycle: Adoption Patterns of Disruptive Technologies
Have you heard of the Gartner Hype Cycle?
It suggests that disruptive technologies go through 5 key phases...
1. Technology Trigger
The emergence of a potentially disruptive technology.
2. Peak of Inflated Expectations
Early publicity creates hype for tech with an unproven market fit. In the speculative NFT bubble of 2021, Beeple sold a collage of his artwork "Everydays: the First 5000 Days" for $69 MILLION. Similarly, NBA Top Shot sold hundreds of millions of $ of video-collectible moments
We talk a lot about the practical use cases of crypto, but if you ask your friends and family, chances are that 99% of them aren’t actually using any dapps.
And aside from the crypto casino, they probably don’t have any interest in it.
So where are the real users? Why aren’t all these “use cases” taking off?
Why do most dApps feel like ghost towns?
In this post, I’ll explore a few useful applications of crypto and explain why they aren’t actually being used by the masses just yet.