3 ms·
OpenSea is a good example. One of the most successful dApps that doesn't have a token. Uniswap, arguably THE most successful dApp, has a token that's hardly us
by spaceman_2020 4y ago
OpenSea is a good example. One of the most successful dApps that doesn't have a token.
Uniswap, arguably THE most successful dApp, has a token that's hardly used and doesn't accrue any value. It was arguably released to gain a competitive edge when Sushi was still strong enough, but now its neglected and the dApp can exist without the token.
Most token-focused narratives have failed. Governance is a sham and value accrual runs into a host of legal issues the moment the project becomes large enough for regulatory scrutiny.
Removing tokens from dApps will also help solve many of the current problems of speculation, leverage, and straight up scams.
- immigrantheart 4y agoUniswap/Sushiswap uses ETH token…
- chriswarbo 4y agoThat's what article is advocating (using ETH directly, rather than inventing some bespoke token on top)
- fl0id 4y agoOpensea is not a dapp though, it’s as centralized as they get.
- spaceman_2020 4y agoThat's likely the future of dApps. The blockchain will only be used as a data storage and transaction finality layer. Consumers eventually won't even know they're using a dApp.
- cuteboy19 4y agoEventually they will realise that no one really cares about blockchain anyways and they'll remove that part too.
- senttoschool 4y agoIf consumers won't notice that they're using a dApp, then why put your stuff on a blockchain?