Early adoption in any domain comes with considerable risks. A regular person, with no training in that domain, can risk
- going through tons of complicated, rough, unfinished, buggy, barely explained processes
- not being understood by peers
- wasting time
- betting on the wrong horse
- losing money
Early adoption also comes with important benefits, if the risks have been avoided or surpassed. The early adopter
- gets a comprehensive understanding of the sector and the business he or she joins
- has the chance to know, meet and form relationships with the future movers and shakers on an industry, before they are untouchable
- can become one of the central figures of the respective industry
- can grow businesses to pass the test of time and become references for the future
- can earn impressive amounts of money
Late adoption benefits of an entire history of trials and errors in initial versions of a product, plus the experience of other people joining in the early stages, so it bares a low risk. A late adopter
- doesn’t give up the comfort of using an easy-to-use, stable and well-tested product
- needs confirmation of countless other successful products of the same line
- needs an authority to appear to control things
- has the mindset of a consumer, not of an investor
Ladies—and not only them probably—like gold jewels. But of course they don’t dig out the gold or make their own jewels (and I doubt they’d like that either!). It’s way past that stage, any way. They buy them from stores now. But someone owns the store for generations, and another person owns the gold mine. They make the profit, because they were there when the gold rush began or were smart enough to start or catch a change in the trend.
In the early 2000, IT companies boomed. But what about 10-20 years before? Who invested in Apple or Microsoft back then? Well, whoever did and stayed with them, is a wealthy person.
Now, do you own an iPhone or PC? Most likely. Are you the guy or gal who invested in these companies in the 80s? I see… Neither am I (I was kinda young back then anyway).
A new technology arose. It’s called the blockchain. It’s here to stay, to grow, to make a big splash, bigger than many can imagine. Are you in or out? Do you want to be an early adopter or a late adopter? The blockchain will most likely be part of many routine or unexpected operations and activities going forward. You might be aware of that or not. Just as you don’t really care what kind of software runs the traffic lights in your city, you might not care about some applications of it. That doesn’t mean it won’t be there, ever growing.
Here’s a platform which has two years, almost one million members, all manually approved (or paid for), running on a blockchain. It’s in the beta stage, so couldn’t be newer than that and functional. Great developments expected ahead. If you want to be an early adopter, you can sign up here (there’s a reward inside Adrian’s Hub for those that use my link):
It is of course your choice. Remember! Things aren’t always very clear for early adopters, but rewards can be extraordinary.