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I stopped after reading this: > “Historically the only way to make money from a protocol was to create software that implemented it and then try to sell this s
by thisisit 9y ago
I stopped after reading this:
> “Historically the only way to make money from a protocol was to create software that implemented it and then try to sell this software (or more recently to host it)… With [cryptographic] tokens, however, the creators of a protocol can ‘monetize’ it directly and will in fact benefit more as others build businesses on top of that protocol.”
And what was wrong with developers finding a market, developing a software and then monetizing it? I have tons of ideas each day, some of them blockchain related too but it seems unethical to use other people's money to test my hypothesis.
- ArchReaper 9y agoThey didn't say anything was wrong with that, they said it used to be the only option. Now there's other options.
- rrecuero 9y agoWe were talking specifically about protocols like TCP, IP, DNS or even P2P. It was nearly impossible to monetize protocol level work before cryptocurrencies