Naseem Naqvi on Nostr: I have 5 issues with this graph: 1. It ignores external factors, such as regulatory ...
I have 5 issues with this graph:
1. It ignores external factors, such as regulatory clarity and socio-geo-political factors that can affect #Web3 adoption (there are wide regional variations in Web3 adoption. We need a Gartner cycle for each country!)
2. Web3 adoption and maturity have been non-linear, with many variables influencing its trajectory that this model doesn't fully capture. We cannot plot the complex Web3 journey into a simple linear chart.
3. This is a *subjective* analysis, not objective. There can be bias and inconsistencies. There is ambiguity in the definition of the terms. For example, "Peak of Inflated Expectations," - whose expectations? Industry, end users or innovators?
"Trough of Disillusionment": Who exactly is disillusioned?
So these terms have to be interpreted differently depending on the context or the person using the framework.
4. It lacks Predictive Power. This chart doesn't necessarily predict the success or failure of a Web3, just its position relative to expectations and adoption.
5. Why do we focus so much on Hype and not IMPACT? Web3 might experience hype without having real substance, or might be valuable to many firms and economies but remain under the radar.
In short, there is too much generalisation. Exercise caution when using this as a definitive guide for decision-making.
#Gartner #Hype #Blockchain #Web3 #Crypto
1. It ignores external factors, such as regulatory clarity and socio-geo-political factors that can affect #Web3 adoption (there are wide regional variations in Web3 adoption. We need a Gartner cycle for each country!)
2. Web3 adoption and maturity have been non-linear, with many variables influencing its trajectory that this model doesn't fully capture. We cannot plot the complex Web3 journey into a simple linear chart.
3. This is a *subjective* analysis, not objective. There can be bias and inconsistencies. There is ambiguity in the definition of the terms. For example, "Peak of Inflated Expectations," - whose expectations? Industry, end users or innovators?
"Trough of Disillusionment": Who exactly is disillusioned?
So these terms have to be interpreted differently depending on the context or the person using the framework.
4. It lacks Predictive Power. This chart doesn't necessarily predict the success or failure of a Web3, just its position relative to expectations and adoption.
5. Why do we focus so much on Hype and not IMPACT? Web3 might experience hype without having real substance, or might be valuable to many firms and economies but remain under the radar.
In short, there is too much generalisation. Exercise caution when using this as a definitive guide for decision-making.
#Gartner #Hype #Blockchain #Web3 #Crypto