{"id":62422,"date":"2022-06-03T15:12:08","date_gmt":"2022-06-03T12:12:08","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=62422"},"modified":"2025-09-05T17:58:39","modified_gmt":"2025-09-05T14:58:39","slug":"experts-foresee-the-disappearance-of-thousands-of-tokens-and-a-contraction-in-the-number-of-blockchain-platforms","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/experts-foresee-the-disappearance-of-thousands-of-tokens-and-a-contraction-in-the-number-of-blockchain-platforms\/","title":{"rendered":"Experts foresee the disappearance of thousands of tokens and a contraction in the number of blockchain platforms"},"content":{"rendered":"

Thousands of existing tokens will disappear, and the number of blockchain platforms will shrink significantly. That is the view of some experts working in the cryptocurrency market, CNBC reports.<\/p>\n

The head of the Web3 Foundation, Bertrand Perez, believes that there are \\”too many blockchains and tokens\\” in the industry today:<\/p>\n

\n

\\”Just like at the dawn of the Internet, when there were many dot-com companies and many of them were fraudulent, they added no value, and all of that disappeared. Now we have very useful and legitimate companies.\\”<\/p>\n<\/blockquote>\n

Ripple CEO Brad Garlinghouse conceded that in the future the market will be left with \\”dozens\\” of cryptocurrencies:<\/p>\n

\n

\\”There is a question whether we need 19,000 new digital currencies today. In the fiat world there are about 180 currencies\\”.<\/p>\n<\/blockquote>\n

Earlier Guggenheim’s Scott Minerd called most cryptocurrencies ‘junk’<\/a> and said that only Bitcoin and Ethereum would survive the crypto winter.<\/p>\n

Read ForkLog’s Bitcoin news in our Telegram<\/a> \u2014 crypto news, rates and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"

Thousands of existing tokens will disappear, and the number of blockchain platforms will shrink significantly. That is the view of some experts working in the cryptocurrency market, CNBC reports.<\/p>\n","protected":false},"author":1,"featured_media":26216,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1138],"class_list":["post-62422","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-opinions"],"aioseo_notices":[],"amp_enabled":true,"views":"10","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/62422","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=62422"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/62422\/revisions"}],"predecessor-version":[{"id":62423,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/62422\/revisions\/62423"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/26216"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=62422"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=62422"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=62422"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}