Too Long; Didn't Read
Blockchain is a new technology, but there is no market for it yet. The global crypto market cap was about [$1.69 trillion in January 2024] However, the blockchain services and products market was just [$11.4 billion in 2022] If your startup is aiming to take 0.01% of a $206 billion market, it is aiming at $20.6 million. Even 0.1% of an $11 billion market is $11 million.
STORY’S CREDIBILITY
Original Reporting
This story contains new, firsthand information uncovered by the writer.