According to 36 Crypto, a heated debate over the long-term value of Layer-1 (L1) blockchains has emerged among industry experts. Qiao Wang, co-founder of Alliance DAO, argues that most L1 tokens lack strong market moats and are at risk of obsolescence due to their replicability and low switching costs. In contrast, Haseeb Qureshi from Dragonfly Ventures defends L1s, emphasizing their exponential growth potential and foundational role in the evolution of crypto. Wang suggests investors should focus on integrated blockchain projects like Solana and Base, while Qureshi believes the long-term potential of L1s could revolutionize global financial systems.
Debate on Layer-1 Blockchains' Long-Term Value Intensifies Among Crypto Experts
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