Why South Korea’s Biggest Crypto Fund invested in Klaytn and Line – Crypto Daily

  • Although blockchain technology is widely touted as a groundbreaking technology with the potential to disrupt practically every industry, there remain very few blockchain-based services that have gone on to achieve widespread adoption. 
  • But if South Korea’s largest crypto fund #Hashed is correct in its predictions, then two of Asia’s most promising blockchain projects may be gearing up to achieve unprecedented adoption. 

Although blockchain technology is widely touted as a groundbreaking technology with the potential to disrupt practically every industry, there remain very few blockchain-based services that have gone on to achieve widespread adoption. 

But if South Korea’s largest crypto fund #Hashed is correct in its predictions, then two of Asia’s most promising blockchain projects may be gearing up to achieve unprecedented adoption. 

Making Blockchain Mainstream

Part of the reason why adoption has been slow for the vast majority of blockchain projects, and particularly those around digital currencies, is due to lack of a centralized governing entity tasked with onboarding users, promoting the platform, and expanding. Though this is also one of the strengths of many decentralized blockchain projects, it has also slowed the rate of growth, since there is often little to no advertising budget, development efforts are frequently fragmented, and a lack of regulatory oversight limits institutional investment.

Despite this, a new wave of projects in Asia may be poised to achieve unprecedented levels of adoption, because they are associated with already established, widely used messaging services in the region. 

Among these, Kakao’s recently
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