Odaily Planet Daily News reported that Grayscale officially stated in an interview that John Hoffman, the new Managing Director and Head of Distribution and Strategic Partnerships at Grayscale, has been investing in BTC since 2013, but "it took much longer to emotionally invest in its innovation." Hoffman also stated that in terms of time, the innovation trigger for blockchain has already passed 15 years, but when considering the adoption and impact of blockchain, it may currently only be at 1% of an exponential trend. Hoffman expects that digital assets will change the way people live, work, and entertain themselves in the next decade, and are now entering the "enlightenment slope," where the early promises of blockchain are increasingly being put into practice and demonstrating real-world utility.