Network Effects | Why Are They So Important?
2,034 views · Published 21 August 2018 · 8:22 · Indexed 26 September 2026
Channel: Tom Heavey · 2018 · Science & Technology
What is a network effect? How does the network effect relate to Cryptocurrencies? Which Cryptocurrencies have the biggest networks? Let's discuss The aim of this video is to highlight the importance of the network effect in Cryptocurrencies and discuss how technological improvements alone are nothing without building a network to use it The projects with the largest, successful network will be the ultimate winners, not necessarily the best from a technical standpoint No information on this channel is financial advice. I am not a financial advisor - I'm just an individual doing my own research, making my own investments and sharing my research with you. For you to consider any investment, you must do your own research. You also must not invest more than you can afford to lose as investing is inherently risky and you could lose all your money. All information in this video was up to date as per my research at the time of recording but may now be outdated by the time you're watching this video so please especially remember this.
