The more the merrier. This is how the network effect benefits the crypto economy.
ETH is Bitcoin Killer.The basic parameter to find a winner in the crypto space is to see the "network effect".The success of cryptocurrencies is largely due to the network effect, which is one of the reasons why early adoption can be so important for long-term investment returns.
It’s also easier for musicians, artists and producers to make money from selling NFTs as more people use them.Nonetheless, it’s essential to note that the network effect is not the only factor that influences the adoption of NFTs. Other factors, such as ease of use, security and the quality of the underlying digital asset, can also impact the adoption of NFTs.
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