There are more than 19,000 cryptocurrencies in existence. According to tech leaders, thousands will survive, and some crypto industry leaders expect a period of “creative destruction” wiping out many players.
Mark Cuban, a billionaire turned crypto investor, recently compared the crypto crash to “the lull that the internet went through” during the dotcom bubble. He tweeted that there are too many imitators out there. “The chains that copy what everyone else has, will fail,” Cuban tweeted. “We don’t need NFTs or DeFi on every chain.”
Earlier in 2022, Chopra’s foundation partnered with crypto crowdfunding platform EarthFund to launch a collection of NFT tokens aimed at helping people achieve mental and emotional health. This allows them to “crowdfund a treasury and decide as a community which mental well-being projects get the funding they need to make a difference,” according to a March statement.
“We’re using artificial intelligence to talk to people who are feeling mentally challenged and if they need counseling, we have a token with EarthFund so that we can democratize well-being all over the world,” Chopra said. “This is the future. We want to create global communities of attention, affection, appreciation and acceptance, where people are there to support each other and have each others backs.”
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