kaal:claim:3606663-030

The digital asset market resulted from a technology push rather than a market pull: developers were driven by technical advancement rather than by usefulness and user friendliness, and market pull may only evolve once the DeFi technology infrastructure is more developed.

Source quote, verbatim

As with most innovative technologies, the digital asset market also resulted from a technology push rather than a market pull.

From

Kaal, Digital Asset Market Evolution (2020), c) Growth Limitations, p. 70
https://ssrn.com/abstract=3606663 · source PDF

Cite as

Kaal, Digital Asset Market Evolution (2020). SSRN: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3606663

Holds when

digital asset and DeFi platform development
immature technology infrastructure

Classification

failuresupport: arguedfailure: technology push without market pullfamily: adoption-and-usability-barrierdefieconomics

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