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Community engagement and participation in the cryptoasset ecosystem from "summary" of Cryptoassets: The Innovative Investor's Guide to Bitcoin and Beyond by Chris Burniske,Jack Tatar
One of the key drivers behind the success of cryptoassets is the active engagement and participation of the community within the ecosystem. This concept goes beyond simply investing in a cryptoasset; it involves actively contributing to the network and its development. Community members are not just passive holders of tokens, but rather active participants who help to secure the network, validate transactions, and make decisions that impact the future direction of the project. Community engagement is crucial for the long-term success and sustainability of a cryptoasset. By having a strong and dedicated community, a project is more likely to withstand challenges and continue to grow and evolve. This is because community members are often the ones who advocate for the project, spread awareness, and attract ...
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