Express

USV Co-founder: Ethereum's Demand Side Takes Off, Pushing Up the Price of ETH

Amy Liu

Summary: Fred Wilson, co-founder of United Square Fund (USV), said that in the past twelve years, most of the crypto blockchain networks were mainly purchased, held, and speculated. These behaviors provided funds for the supply side of the blockchain network. But Ethereum and some blockchain networks are changing the status quo.  You need ETH to do ...

Fred Wilson, co-founder of United Square Fund (USV), said that in the past twelve years, most of the crypto blockchain networks were mainly purchased, held, and speculated. These behaviors provided funds for the supply side of the blockchain network. But Ethereum and some blockchain networks are changing the status quo. 

You need ETH to do things on the Ethereum network, such as buying domain names, P2P finance, art, horse racing games, etc. The more people buy ETH, the faster the demand side will grow, and the value of Ethereum will get higher and higher. He believes that the current demand side has taken off.

By Amy Liu

Last Update:

Tags: ,,
Link: USV Co-founder: Ethereum's Demand Side Takes Off, Pushing Up the Price of ETH   [Copy]
  • From Data Rights to Digital Property: Whistleblower Brittany Kaiser on Blockchain, RWA,... 5 days ago
  • The Base Chain's Ascent: How Deep Coinbase Integration and JPMorgan's Pilot Are Reshapi... 11 days ago
  • Tether in Trouble? U.S. Senate Just Passed a Law That Could Dethrone the $155B Stableco... 14 days ago
  • Justin Sun's Nasdaq Gamble: How Six Years Forged Ties with the Trump Family 15 days ago
  • The Crypto IPO Wave: From Fringe to Front Page 18 days ago
  • You need to login to comment.