On the 18th of this month, Bitvo, one of Canada’s largest exchanges announced the listing of Ethereum Classic (ETC). While exchange listings happen all the time, one thing stood out with this one, and that’s the exchange president’s statement. Bitvo’s president stated that they decided to add Ethereum Classic (ETC) after receiving lots of feedback from the community requesting for ETC and XRP. This is a pointer to the growing size and assertiveness of the ETC community in crypto circles.
The growth of the ETC community is not just visible in the push to have ETC on more exchanges, it is also visible in other aspects of the projects such as Dapps development. For instance, today Saturn Network has announced the need for a working mobile Dapp browser for Ethereum Classic (ETC), one that would allow for a decentralized wallet to wallet trading on mobile.
This tweet has already caught the eye of the ETC community and could become a reality pretty soon. That’s because, Ethereum Classic Labs, an incubator for accelerating developments on ETC, will most likely pick it up and provide funding. ETC Labs has been holding a series of meetups to help push up developments on the ETC ecosystem, and this is one idea that is likely to get funded. Many others are likely to come up, as ETC Labs funds new startups especially in the San Francisco office where developers are being mentored, provided with office space, and funded for their ideas.
With a fast-growing and assertive community that is willing to get things done, it won’t be long before Ethereum Classic (ETC) takes its rightful position in the platforms blockchains market, and that’s at the top. Its core fundamentals also support its potential to make it to the top of this market.
One of its core fundamentals is that it’s immutable. While it may sound cliché, immutability is a key strength to ETC that play a significant role in supporting the community in pushing for the adoption of ETC. That’s because this feature makes ETC the best blockchain perfect for developing Dapps targeted at sensitive industries such as those aimed at the finance industry, medicine, and the legal professions. Ethereum Classic (ETC) also has some interesting things coming up on its roadmap.
For instance, in 2019, it will be implementing aspects to its roadmap that will make it more scalable, and give it a strong presence in the IoT market. It also has a strong team behind it. These are factors that support the efforts of the ETC community in pushing up the adoption of Ethereum Classic (ETC) going into the future.
For investors, this is a validation that ETC does have a good future as an investment. As more Dapps emerge on the ETC blockchain, and it gains a spot on more exchanges, it stands a good chance of zooming past its all-time highs in the next Bull Run. Its growth will be even more accelerated once IoT applications emerge on it. That’s a trillion dollar market that could push up the value of ETC.