Emin Gün Sirer, CEO of Ava Labs, believes the crypto industry is significantly undervalued due to a lack of awareness about its technological advancements.
Superior to Traditional Finance
Gün Sirer argues that crypto and blockchain technologies surpass those used in traditional finance. He highlights the advanced features of crypto systems, such as smart contracts, lending platforms, and flash loans, which offer greater efficiency and democratization.
Public Misconceptions
The CEO emphasizes that the general public remains unaware of the transformative potential of crypto and blockchain. He believes misconceptions about speculation and non-fungible tokens (NFTs) hinder the industry’s true valuation.
Valuation Potential
Gün Sirer estimates that the crypto space could be worth 10-100 times its current value if society fully understood its societal impact. He suggests that the industry’s valuation is missing “a zero or two” due to the lack of recognition for its technological superiority.
