An Observation on Crypto Cycles: Is there still a Future for the Token Economy after Entering the New Cycle, Part 1

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crypto market

We review the crypto market over the past 6 months and analyzed the alteration of the market sentiment from optimism to anxiety by comparing the recent 2 cycles. Last Cycle of the Market In the previous cycle of Bitcoin’s development (2014–2018), there were a lot of new things and transformations that emerged in the crypto market. In this process, the following ideas left a deep impression in my mind: The development of blockchain is indicated by the increase in Bitcoin’s price. The token economy is more important than Bitcoin, which was especially apparent in the last cycle as reflected in the…...

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Tony Tao Tony is an accomplished entrepreneur, and one of the earliest participants and contributor to the Blockchain Movement, having grown a public blockchain platform worth more than ten billion dollars. He is the founding partner of NEO Global Capital, and Secretary-General of NEO Blockchain spearheading strategy planning from 2016 to 2018. Notably, Tony is also one of the fifty experts on Alibaba's Micro-finance Forum and an advisory member for the Tencent Tengyun Think Tank. He is currently the Founder and CEO of X-Order.