There's multiple ways to build up intrinsic value within blockchain projects.  It sets a realistic price floor for the platform and, in return, acts as a shield from unwanted speculation from outside sources.  From doing your own research into blockchain projects within the crypto world, you can probably guess what the core of building intrinsic value is for these ecosystems... utility.

I am not sponsored by anyone or anything mentioned in this article. 
This is not financial advice.  I am not a financial advisor.
Please do your own research before making any decisions before investing. 
This article is meant for educational purposes only.

Projects that aim to become a store of value (SoV) build intrinsic value as value is transferred outside of the project directly in to it.  A good example of this would be Bitcoin.  Individuals maintain the value inside of the network as long as it is seen as an actual SoV.  This doesn't happen over night and can take weeks, months, and even years to achieve.  Imagine if someone came up to you today and said, "hey, buy this thing because it's valuable!".  Without the proper proof of value and any true use cases, you'd probably look the other way immediately and continue on your day.

With projects with a main purpose of being a medium of exchange (MoE), the intrinsic value is derived from the rate of which they are actually used to pay for real-world goods and services.  Stablecoins are a good example of a medium of exchange.  Of course, there's a risk involved with this ecosystem approach.  If another MoE project launches that requires less friction and gains more traction or popularity, it could out-play the current systems in place.

Smart contract platforms derive intrinsic value from the amount of applications built on top of them.  Take Ethereum for example... the more applications that are build using the Ethereum platform, the more valuable it becomes.  Like with MoE platforms, smart contract platforms share a similar risk.  If there's a new platform developed with lower network fees to operate, applications could migrate away from their original platform to cut costs.

Today, there's multiple different types of blockchains and different applications to choose from.  There's even networks that compete with each other, such as Ethereum and Cardano.  Each network serves its purpose and have unique use cases with building intrinsic value, unless you're falling victim to the scam decentralized finance (DeFi) projects popping up on the Binance Smart Chain.  It's up to the investor to do the extensive research and decide which asset has the most intrinsic value to them!

How does your favorite asset build intrinsic value?
Let us know in the comments down below!

Thanks so much for reading! 
Please feel free to follow my page for daily blog posts about crypto news, updates, and research! 
Have a wonderful day!