Cryptocurrencies and blockchain-based technology solutions suffer from the classic problem that plagues most new innovative platforms － the so-called chicken and egg dilemma. The intrinsic value of platforms that rely on network effects is based on the number of users who actively participate on the platform. Take cellphones as an example. Being the only person on the planet with a cellphone is useless because there’s no one to call. However, if a thousand people buy similar phones, the value of your handset suddenly spikes. Similarly, if the number of phones and smart devices outnumbers the amount of people on the ... (full story)