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The Daily Hodl
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‘Crypto Anthem’ Calls Out Industry Tribalism, Pumps Bitcoin, Ethereum, Ripple, Cardano, Stellar and Chainlink

by Daily Hodl Staff
February 18, 2020
in Altcoins, Blockchain

Call it the end of crypto tribalism and puerile antics as we know it.

A new recording dedicated to the developers behind a number of leading cryptocurrency projects just dropped on Monday. Penned by Joshua Mapperson, the head of content at Aelf Blockchain, and produced by David Verity, ‘Crypto Anthem’ features a long list of cryptocurrency and blockchain projects, including Bitcoin, Ether, Ripple, Dash, Stellar, Chainlink, Tether, Monero, IOST, VeChain, Ontology and the song’s sponsor: Aelf.

The songwriters are hoping the EDM track can bring the bickering and deeply divided cryptocurrency community back from the edge of destruction.

In the wake of philosophical divisions, hard forks, DApp wars, Satoshi battles, adoption jockeying, and one team of developers shredding another over having better technology and faster transaction speeds, tribalism among the 2,000-plus projects remains an existential threat to the industry, as the quest for decentralization seems unable to prevent crypto kings and queens from slaying one another.

With competition biting deep, the anthem shines the light on blockchain brands that could leverage their unity in order to challenge the status quo instead of driving wedges that tarnish the industry.

In a tweet last year, Chris Burniske, a partner at Placeholder, a New York venture firm that specializes in cryptoassets, encapsulates how the movement is shooting itself in the foot.

“Tribalism is the biggest drain on crypto’s human resources that I see today. Tribal toxicity drives newcomers away, has caused valuable talent to leave the industry, and clouds the thinking of the committed.

To those that aren’t deep in crypto, we all look like part of the same movement. It makes no sense that a movement attack itself. We end up looking incoherent, nasty, and immature. Who wants to join such a movement?”

According to the team behind ‘Crypto Anthem’,

“There are constant issues surrounding crypto twitter and other crypto communities in relation to project rivalry, scams, false claims and accusations that can sometimes be quite toxic. This song hopes to drive past all these problems and focus on what really matters, crypto is here and here to stay. It doesn’t matter if your platform has more dapps on it, or your project creates a better social media following. What matters is that we are all pioneers in an emerging technology that will revolutionize the world.”

l

 
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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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