With the recent increase in ICOs all over the world, there has been a lot of talk of how Blockchain technology is entering the next generation of its development. Beyond simply functioning as a currency or store of value, investor attention has been taken up increasingly by more indirect applications of Blockchain/crypto technology, meta applications as it were (those that address problems in the crypto ecosystem instead of problems in the outside world).
This makes sense for investors since many of the most successful investments in companies in the tech world do not actually address consumer needs, but instead the needs of other companies (known as business-to-business, or B2B). Companies like Google and Microsoft have made much of their money this way.
And there is a good reason why there are so many ICOs for projects addressing the needs of other crypto projects: complexity. Given the nascent nature of the whole cryptosphere and how new the technology is, it comes as no surprise that projects helping to sort through complexity and make the crypto ecosystem more navigable have received a lot of attention.
One such issue is the proliferation of new altcoins and Blockchains that address different purposes. Many different cryptocurrencies have received substantial investment, and many use cases for different coins are interlinked.
Full story at http://bit.ly/2xqVbJC
Source: CoinTelegraph
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