Cryptocurrency itself cannot be applied, it only promotes the participation of nodes in the blockchain project and its fast, safe and robust operation. However, it is not necessary for blockchain projects to have coins. I think that in the future, blockchain applications that are truly in demand and can be implemented on a large scale do not need to issue tokens. Tokens are just a reward. What is the demand that such an application solves, what is used instead of currency to reward.
RE: At present, the market is flooded with a large number of cryptocurrencies. How many will survive and be used in practical applications in the future?
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At present, the market is flooded with a large number of cryptocurrencies. How many will survive and be used in practical applications in the future?