Brett Harrison, CEO of FTX US, talked about cryptocurrency projects. Harrison said that it is unlikely that hundreds of currently existing crypto projects will survive.
Brett Harrison gave a statement to CNBC about the cryptocurrency space. According to him, thousands of cryptocurrency projects will not exist in ten years. Harrison used the following statements on the subject:
“When you take the blockchain… in 10 years there probably won’t be hundreds of different blockchains, I think there will be a few projects that stand out in different kinds of applications. We’ll see in time.”
This interpretation is a common one among market commentators. This came to the fore again, especially with the collapse of LUNA and UST, which shocked the cryptocurrency market with their collapse in the past weeks.
