NexChain, a blockchain project that leverages artificial intelligence, is encountering significant hurdles in attracting users. According to the experts cited in the publication, the situation is becoming critical as the absence of a live product has raised concerns about its ability to gain traction in a competitive market.
Challenges Facing NexChain
The primary challenge for NexChain lies in its current reliance on future developments, which leaves potential users without immediate utility. This situation creates a dependency on market sentiment rather than actual product usage, potentially stalling the platform's growth.
Need for Demonstrating Value
As the blockchain landscape becomes increasingly crowded, NexChain must find ways to demonstrate value and functionality to encourage user adoption.
While NexChain struggles to attract users due to its lack of a live product, the Zero Knowledge Proof (ZKP) model is gaining attention for its innovative presale auction system. Learn more about this approach in our article here.
