The author believes that Casper is the best layer 1 blockchain due to its enterprise optimization, scalability, and upgradable contracts. Casper has a lot of room to grow, is focused on enterprise adoption, and has an enterprise-grade NFT standard called CEP-78. The staking ratio of Casper is higher than other top blockchains, making it underrated in the opinion of the author. While they plan to take profits during the next bull run, they do not plan to sell all of their Casper as they believe it has longevity and an actual use case.
Why I Will Never Sell All of My Casper: Reasons for Long-Term Investment
Reason One: Casper Is the Best Layer 1 Blockchain Out There
There are several reasons why Casper is the ideal blockchain for long-term investment. Firstly, as the best layer 1 blockchain out there, Casper is enterprise optimized and is not only proof of stake but also scalable. Additionally, it is future-proof with upgradable contracts and predictable gas fees. While Ethereum is often considered the best layer 1 blockchain, even with the new upgrade, it still has scalability issues. Essentially, Casper can be considered Ethereum 3.0.
Reason Two: Casper Has a Lot of Room to Grow
If Casper were to reach one dollar, it would be a 34x return from the current price. This leaves a lot of room for growth, and the potential for a massive bull run in the future is high. Even if there is a bear market, Casper is unlikely to reach its all-time low again. These factors make Casper an excellent long-term investment.
Reason Three: Casper is Focused on Enterprise Adoption
Enterprises are the most likely to adopt blockchain technology due to their vast resources and volume. With Enterprise adoption of blockchain technology projected to reach more than 1.4 trillion dollars by 2030, it is clear that the future of cryptos is heading towards Enterprise adoption. Casper is focused on these enterprises, making it a sound investment for the long term.
Reason Four: CEP 78
Casper’s Enterprise-grade nft standard, CEP 78, sets Casper apart from other layer 1 blockchains. Nfts can now be upgraded and customized after they have been deployed, making it easier for institutions to adopt nfts on a large scale. With the nft market projected to be worth over 211 billion dollars by 2030, this makes Casper an excellent investment for the future.
Reason Five: Excellent Staking Ratio
Casper has an excellent staking ratio, higher than Cardano, Avalanche, Polkadot, Phantom, Near, and Polygon. Despite this high ratio, Casper is still an underrated blockchain that is not considered by many people as an excellent layer 1 blockchain.
Casper is an excellent layer 1 blockchain with several advantages, including scalability and upgradability. With a lot of room to grow and a focus on enterprise adoption, combined with an Enterprise-grade nft standard and an excellent staking ratio, Casper is a sound investment for the long term. By taking profits during the next Bull Run, investors can maximize their potential returns and reap the benefits of Casper’s longevity.