Ideally, blockchains should be full of tokens that people actually want to use and hold small amounts of for utility. It should not be entirely saturated with memecoins and tokens with no use except as speculative investments.

I hold a tiny bit of crypto (1-2% of my portfolio), but I'm not a crypto investor. I'm a blockchain user and have been for many years.

There are too many investors and not enough users

I know that most people here are investors, and that actual users are an endangered species. And that's why a lot of you see doom and gloom right now. But for blockchain and utility token users, everything is running just fine. In fact, most smart contract blockchains are running better than ever with higher throughput and cheaper fees.

Currently, there is way too much focus on financial gains than on utility. The end game of blockchains/crypto needs to be more focused on utility and value. There needs to be a balance.

A good utility token is one that people will use even if it cannot be used as an investment:

Types of ideal utility tokens

1. Stablecoins
2. Gas tokens
3. Application tokens (like LINK, ENS)
4. Game tokens

A deeper analysis of 1 example

An example of an ideal utility token (I won't mention or shill it) is one of the game tokens I have used every day for the past 2 years. While a few people hold onto it as an investment, the token is so useful in-game that it's practically a pure-utility token. Even if the token couldn't be traded on open markets, it would still be useful in-game for trading for items, resources, Semi-Fungible Tokens (SFTs), and in-game currency.

I only hold enough of it for gameplay, not as an investment. Around mid-2022, the Sunflower Land devs changed the system so that they can sustain the game from whales and completely-optional premium memberships. They don't cannibalize their token or F2P players. It's one of the only crypto games that's fun enough to play with or without the crypto part.

Ideally in the future, blockchains will be full of tokens that people actually want to use and hold small amounts of for utility. It should not be entirely saturated with memecoins and tokens with no use except as speculative investments.