This is long but a really good read because this is a real issue:
The cryptocurrency world faces a tragedy of the commons and free rider issue: there is little ongoing economic incentive to contribute to an existing, major crypto project versus to launch your own token.
This is exactly what @peter and I have chatted about even for ourselves and this community… why support another token when we could launch our own? One of the biggest knows this for sure:
Ethereum is starting to suffer from a tragedy of the commons problem: while lots of people own ETH and would benefit from Ethereum improving, the economic reward for any single individual improving it is low.
Read more here: