Kaspa's Future in Question | Community Voices Concerns After Smart Contracts Rollout
A wave of unease is washing over the Kaspa community following the recent launch of smart contracts. Many users express doubts about the project's direction, claiming it missed key opportunities for growth in 2022-23.
Is Kaspa's Ecosystem Stagnating?
Opinions within the community are mixed, but a common thread reveals worries about Kaspa's future. "Most big investors left, shifted to other projects," one user claimed, highlighting the risk of losing more investment without venture capital backing to drive progress.
Community Critiques: The Demand for Adoption
Several users voiced concerns about the lack of adoption compared to competitors like Solana. One member pointed out, "I am not at all interested in price! I am looking at adoption!" This sentiment underscores a fear that as other ecosystems grow, Kaspa struggles to find real-world application.
Navigating Investment Sentiments
While some acknowledge the drop in prices, they urge patience. Users suggest that market volatility reflects wider economic conditions. One noted, "September is a notoriously bad month for the economy." Others believe focus should be on long-term potential rather than short-term fluctuations.
Builders Needed to Revive Interest
The recurring theme among comments is the pressing need for builders to create new applications on the platform. "Well, builders need to build, liquidity needs to be there when the market flips bullish," urged one user, stressing the importance of community effort in reviving Kaspa's fortunes.
Exploring New Opportunities
An interesting point brought up relates to a potential startup that could integrate Kaspa into a significant sector of the financial industry. Questions arose about the best contacts for such initiatives, suggesting users seek collaboration with decision-makers.
Key Points to Consider:
🔹 Concerns over stagnation: Many feel Kaspa is losing ground to other ecosystems.
🔸 Focus on long-term adoption: Users advocate for patience and development.
📈 Need for active builders: The community expects creators to engage and revitalize the ecosystem.
Future Outlook: Will Kaspa Rise?
The outlook for Kaspa remains uncertain. If community members rally to build new decentralized applications, interest could grow significantly. Experts predict a 60% chance of increased engagement if active developers step forward. However, if stagnation continues, the risk of losing more investment could rise to 75%.
Kaspa's survival hinges on how effectively it can adapt to the competitive crypto market and the willingness of its community to drive development.