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Stacey Muur, founder of Green Dots, has shaken the industry with an analysis that labels several networks as "dead."
The central argument is the disconnect between the funding received ($2.6 billion) and its actual utility, reflected in a mere $65,000 in weekly fees.
Muur uses this "Capital Efficiency" ratio to point out that, although the token price may be sustained by speculation, the network as infrastructure is not being utilized.
Technological death or lack of adoption?