Crypto Industry Faces Challenges, Programmable Cryptography Offers New Hope

The crypto industry is facing challenges in transitioning from project development to building sustainable businesses. Many developers lack the knowledge to create revenue-generating and profitable ventures. The focus has traditionally been on catering to developers rather than consumers, which limits the market potential. Experts suggest that the next wave of crypto will focus on creating real products with practical use cases and scaling them for broader consumer adoption. There is a need for products that cater to both crypto-natives and new users, with an emphasis on improving user experience without compromising security and decentralization. Programmable Cryptography is seen as an exciting development that reorients the space towards helping people build more consumer-friendly applications.