Neo Blockchain Founder Says 'Obscure Regulatory Landscape,' 'Lack of Mass Adoption' Are Major Deterrents For Web3 Developers
Portfolio Pulse from Murtuza Merchant
Erik Zhang, founder of Neo (CRYPTO: NEO) blockchain, highlighted the challenges faced in attracting traditional developers to the blockchain realm, citing the 'obscure regulatory landscape' and 'lack of mass adoption' as primary deterrents. He also discussed the role of the Neo Foundation in supporting developers and Hong Kong's emerging role as a global blockchain talent hub.
August 25, 2023 | 8:44 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Neo's founder Erik Zhang highlighted regulatory and adoption challenges in the blockchain space, which could impact the adoption and development of the Neo blockchain.
The comments from Neo's founder about the challenges in the blockchain space, particularly regulatory issues and lack of mass adoption, could potentially deter developers and investors, negatively impacting the growth and value of the Neo blockchain.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100