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Reports of a vast majority of blockchain projects fizzing out or simply vanishing have become common, and those applications still around are forced to shoulder the burden and standard of the industry.In this climate, where observers are turning an increasingly critical eye to the sector and are warier than ever to new platforms making wild promises. This is where Testnets come in—offering a tangible proof of work that shows off the technical capacity and does more than empty promises.The ability to demonstrate a blockchain or cryptocurrency platform’s abilities beyond a white paper or demo is becoming increasingly vital as the industry starts to whittle down its useless projects. Some see testnets as unnecessary, or as window dressing for apps that should already be launched as a mainnet release, but there is still value in them.There is a growing sentiment around the blockchain industry that a majority of projects are essentially worthless.
As said here by Joe Liebkind