3 principles for crypto project success

The companies that follow these 3 principles will succeeded. There are going to be some big non-bitcoin winners in the crypto space. The ones that solve real problems, have a reason to be decentralized and are easy to use are going to change the world.

Here are the 3 principles:

1. Solution for a real-world problem
A successful project has to solve a real-world problem or address a real-word pain point.

2. Reason for Decentralization
There has to be a reason for the project to be decentralized. Building centralized projects is cheaper and faster. If you do not have a reason to use decentralized technology, people will not adopt it.

3. Easy to use technology
People should never feel like they’re using clunky blockchain technology. Success happens when the experience feels like they are using a website or an app the way they normally would do today.

Sven Franssen