7 ms·

If you want to list the same assets as everyone else with the same interface in the same markets, then yes, it's hard to compete. However, we see a world of tok

If you want to list the same assets as everyone else with the same interface in the same markets, then yes, it's hard to compete. However, we see a world of tokenized assets coming online that will need unique markets for exchange. Something like Radar Relay (https://radarrelay.com/ https://radarrelay.com/ for ERC-20 commodities) is totally different from Veil (https://veil.co/ https://veil.co/ for prediction market shares) is totally different from BoxSwap (https://boxswap.io/ https://boxswap.io/ for trading collectibles). Even within ERC-20 commodities exchange, there are many different models of exchange within different markets that are sufficiently differentiated. We think of 0x more like Stripe: an under-the-hood technology that allows entrepreneurs to move more quickly and easily add exchange to their product. The concept of "tokens" and "exchange" will become very abstract in the near future.

toomuchtodo 7y ago
> We think of 0x more like Stripe: an under-the-hood technology that allows entrepreneurs to move more quickly and easily add exchange to their product. One’s velocity should always be slightly less than their SEC defense attorney. If you're legit, take the time to make sure your paperwork is legit. https://news.ycombinator.com/item?id=18185701 https://news.ycombinator.com/item?id=18185701 (Top comment by Animats should draw your attention)
- amingilani 7y ago
  Launch Kit is not an ICO or promoter, it's a platform for crypto exchanges. Could you elaborate why you're referring to a comment detailing the SEC going after ICO scams?
tacosx 7y ago
I too can madlibs any noun in front of "blockchain" and try to start a pyramid scheme off of it, but the question is why?
- homakov 7y ago
  There is no answer to this. Blockchain has no market fit, it does not appeal to masses, unfortunately.
- deleted 7y ago
  [deleted]
- rickycook 7y ago
  95% of blockchain projects are a garbage heap, crypto currency is WAY overvalued, but the 5% of projects that are actually useful, and have a real need for a blockchain may just fundamentally change parts of how we live life when micro transactions as a concept came to games, it changed the way people wrote games. when crowd funding became mainstream, it allowed more innovation from people with just a need and an idea don’t dismiss the 5% useful for the 95% useless (and no, i’m not going to enumerate the useful cases because it’s been done to death) *EDIT: and to be clear, i think the currency part of crypto currency is in the 95% not helpful (maybe unless you’re talking about stellar, which deals more with fiat/other currency exchange and for the most part eschews spending crypto currency itself)
  - egypturnash 7y ago
    > when micro transactions as a concept came to games, it changed the way people wrote games Has there ever actually been a case where microtransactions made for a better game? Everything I've read about what it's like working for studios that rely on them is creepy stories about trying to chase 'whales'.
    - aey 7y ago
      How do you objectively measure better besides revenue?
      - root_axis 7y ago
        User feedback.
hrdwdmrbl 7y ago
Not that I have any interest in launching an exchange, but I do see what you mean by the possibility of an exchange becoming quite abstract. If housing deeds are traded then a housing marketplace is an exchange. If cars ownership is traded then a car marketplace is an exchange. If in-game items are traded, it's an exchange. Could one think of stores as one-sided exchanges, where resale is just not natively possible? Does Google operate an ad exchange? Is iTunes an exchange? If digital goods ownership were on a blockchain then resale would be possible... What about physical goods?

toomuchtodo 7y ago

> We think of 0x more like Stripe: an under-the-hood technology that allows entrepreneurs to move more quickly and easily add exchange to their product. One’s velocity should always be slightly less than their SEC defense attorney. If you're legit, take the time to make sure your paperwork is legit. https://news.ycombinator.com/item?id=18185701 https://news.ycombinator.com/item?id=18185701 (Top comment by Animats should draw your attention)

amingilani 7y ago
Launch Kit is not an ICO or promoter, it's a platform for crypto exchanges. Could you elaborate why you're referring to a comment detailing the SEC going after ICO scams?

tacosx 7y ago

I too can madlibs any noun in front of "blockchain" and try to start a pyramid scheme off of it, but the question is why?

homakov 7y ago
There is no answer to this. Blockchain has no market fit, it does not appeal to masses, unfortunately.
deleted 7y ago
[deleted]
rickycook 7y ago
95% of blockchain projects are a garbage heap, crypto currency is WAY overvalued, but the 5% of projects that are actually useful, and have a real need for a blockchain may just fundamentally change parts of how we live life when micro transactions as a concept came to games, it changed the way people wrote games. when crowd funding became mainstream, it allowed more innovation from people with just a need and an idea don’t dismiss the 5% useful for the 95% useless (and no, i’m not going to enumerate the useful cases because it’s been done to death) *EDIT: and to be clear, i think the currency part of crypto currency is in the 95% not helpful (maybe unless you’re talking about stellar, which deals more with fiat/other currency exchange and for the most part eschews spending crypto currency itself)
- egypturnash 7y ago
  > when micro transactions as a concept came to games, it changed the way people wrote games Has there ever actually been a case where microtransactions made for a better game? Everything I've read about what it's like working for studios that rely on them is creepy stories about trying to chase 'whales'.
  - aey 7y ago
    How do you objectively measure better besides revenue?
    - root_axis 7y ago
      User feedback.

hrdwdmrbl 7y ago

Not that I have any interest in launching an exchange, but I do see what you mean by the possibility of an exchange becoming quite abstract. If housing deeds are traded then a housing marketplace is an exchange. If cars ownership is traded then a car marketplace is an exchange. If in-game items are traded, it's an exchange. Could one think of stores as one-sided exchanges, where resale is just not natively possible? Does Google operate an ad exchange? Is iTunes an exchange? If digital goods ownership were on a blockchain then resale would be possible... What about physical goods?