First of all, We need to know Why are Bitcoin and Ethereum tokens so popular? But not EOS.
Social media talk too much about Bitcoin and Ethereum. We can find them everywhere on social media like Twitter, Facebook, Google on TV and everywhere. But not EOS. You can’t even search EOS on Google. It would show us a lot of cameras instead of EOS Blockchain.
What actually made Bitcoin so popular?.
Most investors are attracted to bitcoin because it is absolutely digital, and this factor is quite appealing to traders and investors. Also, there are no fraud issues because it has no physical appearance and is not controlled by a central authority or financial institutions. Bitcoin is very simple and easy to understand. You don’t need to care too much about Bitcoin TECH because there is no dapps run on it. You buy it, you hold it and you sell it.
What actually made Ethereum and Ethereum tokens so popular?.
Ethereum is an essential tool among many developers and entrepreneurs. They are used to create decentralized businesses which are not in existence prior. Ethereum Smart contracts are used for eliminating third-party users from various industries. This will lower the costs and provides more secured services or products.
Like Bitcoin, You can easily trade Ethereum tokens for cash or assets like gold instantly. The high liquidity associated with bitcoin makes them a great investment. The Ethereum foundation fosters community involvement and doesn’t screw its developers. B1 has done nothing to foster the adoption of EOS. Remember this, Uniswap started their business with 100k USD and 10 employees but they can list their token on Coinbase after a few days just because Ethereum Foundation helped them to be listed on Coinbase. They are doing marketing like HELL for Ethereum tokens. Uniswap is just one simple token on Ethereum.
Meanwhile, EOS doesn’t have a PUBLIC ROADMAP and EOS Foundation over years.
The market is a combination of human psychology and behavior based on supply-demand and greed. Every human invests because of gain, the very definition of investment. Bitcoin and Ethereum tokens make more growth and gain than EOS in terms of price. That’s why they are so popular.
Price is a part of any project. No one can deny that. Price is an essential condition to demonstrate a project of technological value. EOS Price accurately reflects a place where it is in current market conditions.
Community is layer-1 > Tech is layer-2 > Price is layer-3
Economically, #EOS growth gain in all frames makes us socially awkward. It is a lower gain than any tokens in top 100 Coinmarketcap. We can’t deny it or acting as nothing happens. We are expecting a positive change that comes from EOS Founders and BlockOne.
We hope BlockOne would support #EOS ecosystem with a positive contribution like helping EOS ecosystem list these tokens on a major exchange like Binance, Huobi, Coinbase, OKEX, Kraken…
We would not see #EOS Defi tokens go to the moon until they are listed on Huobi and Binance or major exchanges like OKEX, Kraken, Coinbase.
The lack of liquidity, volume, and advertising campaigns in the background are the main reasons causes of Defi applications on EOS not so popular as Ethereum and Bitcoin.
We need more ways to make EOS so popular. That’s why we need this topic where everybody can share their ideas on how to make EOS so popular.