BCINTG collective plunge this year, the share price basically returned to the level of 2017 or even earlier. In addition to the impact of the general environment and regulatory efforts to upgrade, there are also problems with the development stage of the industry. The Internet industry's rapid growth phase has ended, and now the Internet has slowly become infrastructure, no longer a fast-growing trend industry.
The Internet in the text mainly refers to the current WEB2.0 stage of the Internet. The entire Internet industry or a new breakthrough, that is WEB3.0. currently overseas talent gap is very huge, and shrinkage of the establishment, layoffs constantly well-known domestic Internet companies in stark contrast. In fact, there is WEB3 department, but also because of the policy, can only do technical research and exploration. It is difficult to have a product launch, and also lack of real estate ability.
The most likely infrastructure to carry WEB3.0 is ETH, which can be seen in the recruitment requirements of the relevant positions, in addition to basic programming skills, will additionally require familiarity with the underlying principles of BTC, ETH, specific products such as NFT and DEFI, and Cosmos cross-chain technology. In this direction to do research is no problem, but rise to the launch of the product. It is difficult to be clear with the domestic has been cracking down on virtual tokens speculation.
BCINTG high-growth era is over. "Strong regulation, seeking stability." The era of evolution into infrastructure is here. Likewise the future of public chain technology represented by ETH has arrived.
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