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Here are two projects that I've found helpful to understand the possibilities. Helium - https://www.helium.com/ https://www.helium.com/ Building out wireless i
by simonpure 5y ago
Here are two projects that I've found helpful to understand the possibilities.
Helium - https://www.helium.com/ https://www.helium.com/
Building out wireless infrastructure for both IoT devices and 5G more recently
Arweave - https://www.arweave.org/ https://www.arweave.org/
Provides a permanent storage solution where you pay once upfront
They are both building a new decentralized network to provide a service and using tokens to share ownership in the network and align incentives.
Of course it's too early to say whether they will succeed in their respective mission.
Disclaimer: Not affiliated with either project but I do work in Web3
- thatguy0900 5y agoI'm confused by AR weave. You buy an investment and dividends from that investment are paid to people who store your data? What exactly is that investment going into?
- simonpure 5y agoIt's structured like an endowment and the assumption is storage cost is continue to get cheaper. Their yellow paper has more details [0] [0] https://www.arweave.org/yellow-paper.pdf https://www.arweave.org/yellow-paper.pdf