Survivorship bias has led to an imbalance in the crypto ecosystem By Cointelegraph
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With success comes a survivor bias ― the logical error of concentrating on people or things that made it past a selection process while overlooking those that did not ― as well as, potentially, a superiority complex ingrained in those who survived.
Because of these successes, there has been a high number of crypto-based financial products. However, this leaves little room for actual trade and a dearth of real trading platforms. The blockchain industry is not catering to the majority of users, so entrepreneurs often ship products that are unsuccessful at commercialisation.
Anderson Mccutcheon is founder and CEO of Chains, an operating system for the cryptocurrency-enabled economy. Anderson has created a complete-stack cryptocurrency economy that includes a marketplace and freelance platform as well as a cryptocurrency exchange. Anderson is an investor, entrepreneur and marketer with a broad technical and marketing background. He also has a history of working in crypto. He is a pioneer in the blockchain industry and an 8200 graduate.
Fusion MediaFusion Media and anyone associated with it will not assume any responsibility for losses or damages arising from the use of this information. This includes data including charts, buy/sell signal, and quotes. You should be aware of all the potential risks and expenses associated with trading in the financial market. It is among the most dangerous investment types.
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