3 Conflicts That Will Shape Blockchain Tech in 2019

Arwen Smit is the founder of MintBit, a boutique blockchain consultancy, and DOVU, a tokenized startup for the mobility sector.

From security token offerings to the crypto winter, a lot has happened in 2018.

By crowdfunding token creation events early, blockchain startups have taken a different route to market than the unicorns we know today.

Web 2.0 startups wrote a ridiculous valuation around their Series D. Web 3.0 startups obtain a ridiculous valuation on day one.

Open-source initiatives will still crowdfund from the garage-phase onward, but Web 3.0 companies with a profit function will to wait until they demonstrate early product-market fit, typical for an A-round.

The first one is the total crypto market capitalization in dollars, which is spread over 2,000 crypto-assets.

"Crypto's main feature is a currency!" Reality hits again.

We could argue only a subsection of those active within the crypto space frequents DEX daily.

Together with exponential adoption of distributed ledger technologies and crypto assets alike, we'll see the industry mature in how we evaluate these new models of creating value.

A shouting match ensues between the "Crypto bros" and the "Bitcoin-is-a-scam" camp, doing little for mutual understanding or empathy.