Grayscale (@Grayscale): At @TheTieIO's #InnovateDenver, @Ray_scale shared Grayscale’s perspective on building sustainable crypto protocols: “While the industry is still nascent and projects are trying to find product-market fit, we are focused on whether usage persists after incentives fade, whether revenue is demand-driven rather than emission-driven, and whether value accrues in a way that actually aligns with that usage.” In a developing industry, fundamentals matter: durable usage, demand-driven revenue, and aligned value creation.