Mar 28, 2022
Better education and expanded support services could draw those hesitating on the sidelines into the crypto industry.When it comes to expansion, the crypto industry isn’t necessarily suffering from a lack of interest. Crypto’s freedom and potential offer a lot of appeal to entrepreneurs. But even those who are natural risk-takers may hesitate in the face of the nebulous nature of crypto, which lacks the regulatory guide rails, long-established professional groups and educational establishment of traditional industries.Pinpointing crypto’s needs and helping newcomers find the direction they’re looking for is a task best tackled by those who have already established a footprint in the industry. Here, 14 members of Cointelegraph Innovation Circle discuss the issues that may be keeping newcomers to the industry from jumping in, as well as what can be done about it.
What they know, who they’ve worked with and why they’re in the industry are all important factors when vetting a new crypto connection.Crypto may be a newer, smaller industry, but it has its fair share of visionaries — and bad actors. It’s an exciting time to make new connections in crypto as the space opens up and a variety of new projects are launched to explore the industry’s potential. Still, it’s essential to not allow enthusiasm to trump common sense and careful vetting when deciding whether to connect with someone, whether that’s a new partner, team member, entrepreneur or investor.Crypto’s pioneers have developed a keen sense of what to look for — and what to avoid — when it comes to new industry connections. Below, 10 members of Cointelegraph Innovation Circle talk about both the positives and negatives they watch for when they’re approached by a potential new crypto connection.