A large number of protocols on Ethereum and Solana blockchains have no revenue
14 days ago
- #Solana
- #Ethereum
- #Blockchain
- Disguised unemployment in blockchain refers to protocols existing without generating revenue.
- 88% of Ethereum's 1,271 protocols and 75% of Solana's 264 protocols generated no revenue in the past 30 days.
- Inactive smart contracts increase storage burdens, security risks, and economic inefficiency.
- Ghost digital cities analogy: wasted developer effort and capital without contributing to productivity.
- Inactive projects hinder user experience by making it difficult to find legitimate protocols.