RATE Group | Over 359 Companies Are Building The Future On Ethereum
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Over 359 Companies Are Building The Future On Ethereum

17 Jan Over 359 Companies Are Building The Future On Ethereum

Posted at 03:08h in Ethereum News by

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Negative sentiment surrounding the crypto market has done significant damage to Ethereum’s reputation. It’s become a common thread across the crypto community to question Ethereum’s use case, and ask the question “who exactly is building on Ethereum, anyway?”

The most frequent response is to point to the altcoin’s biggest backers, The Ethereum Foundation and Consensys. However, a recent list of external companies has shed light on the fact that some of the world’s most respected companies – as many as 359 of them – are hard at work building on top of the Ethereum protocol.

Ether Value Is Driven Through Utility

Bitcoin was the first-ever cryptocurrency, and the disruptive technology ushered in the emergence of an entirely new asset class. But while Bitcoin was indeed the first, many of the crypto assets that have come after have been specifically designed to solve many of the problems of the Bitcoin protocol or to expand on what cryptocurrencies are capable of.

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