I agree that unfortunately a lot of crypto projects are way too tokenomics centered, instead of utility centered. BitTorrent style projects are far more restri

I agree that unfortunately a lot of crypto projects are way too tokenomics centered, instead of utility centered. BitTorrent style projects are far more restrictive for a lot of applications though. If something is without cost, then it becomes open to abuse. Take domain names for instance. I would love to have a decentralized name registry, so that no country have censorship power on the _whole_ internet, as we've seen with recent US intervention at the tld level. DNS is a good example because it's quite trivial to implement with a plain old DHT. The problem though is how do you prevent scammers and squatters in this model? There needs to be a cost on a distributed database, otherwise after 1 year it will be fully squatted, used as free hosting, store illegal content, DDoS'd for fun, etc. How to set this cost though, while keeping the distributed nature of this database ? the simplest solution is to let the users decide, over the price of a token, sold by people running nodes, bought by people using the service. Honestly I love this idea. The problem with crypto currently is that a whole bunch of parasites jump on these tokens to speculate on their price without giving a.. about the underlying utility. This completely screws the price optimum and creates a inflated price bubble, in turn preventing adoption.