In this short piece, Fred Wilson, Managing Partner at Union Square Ventures, explains how Numerai evolved from Numeraire to Erasure, with the launch of the Erasure Protocol on Mainnet. This is an example of how some crypto projects can evolve from something else, and become more focused and benefit from a real use case and market need.
Many of the most important technologies evolved from something else and I think that will be the case in crypto as well.