blockchain-flywheel

Blockchain Flywheel: Inside Ethereum’s Distribution Flywheel

An imaginary flywheel of the development of a crypto ecosystem, and more, in particular, the Ethereum ecosystem. As developers join in and the community strengthens, more use cases are built, which attract more and more users. As users grow exponentially, businesses become interested in the underlying ecosystem, thus investing more in it. These resources are invested back in the protocol to make it more scalable, thus reducing gas fees for developers and users, facilitating the adoption of the whole business platform. 

Distribution and marketing model for blockchain-based business models

Ethereum is among the leading blockchain protocols, as such, it has a very strong supply side. In short, many investors since its inception have been supporting the growth of the protocol. Beyond price speculation, the rising price of Ethereum over the years has indeed helped the protocol gather the proper resources to keep executing its development agenda. 

In addition, Ethereum enjoys one of the most thriving developer communities in the crypto space. Developer’s adoption is another core element to enable wide distribution of Ethereum as more use cases can be built on top of that. If we had to imagine a flywheel for crypto probably it would look like that:

blockchain-flywheel

Read Also: Amazon Flywheel.

Read Next: Proof-of-stakeProof-of-workBitcoinEthereumBlockchain.

Main Free Guides:

$200 Off Library
No prize
Next time
Almost!
$300 Off BMI Course
50% Off Flagship Book
No Prize
No luck today
Almost!
Unlucky :(
No prize
Unlucky
Get your chance to win a prize!
I have read and agree to the Privacy Policy
Scroll to Top
FourWeekMBA