Going Gasless Is Crypto’s Future

in #blockchain3 years ago

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We live in a crypto bubble, and that bubble is mighty lucrative. We all wish for there to be mass adoption, but we often forget just how poor the majority of the world really is. One thing that’s not reasonable for the majority of users is to pay the gas fees that we’ve all become accustomed to paying. There’s a number of platforms that are currently working on a gasless model, and it’s worthwhile to explore them as this very well could be the breakthrough crypto needs to make our community truly accessible to the masses.

PolkaDot $DOT/Kasuma $KSM

It’s more like buying real estate than buying a token at this point. Parachains will be auctioned off to the highest bidders. The benefit of this will be two-fold. The fact that these will be gasless environments will certainly attract users of all kinds, both rich and poor. The additional engagement will lead to higher engagement and benefit the projects significantly, as well as their tokens.

Curate $XCUR

Curate is building a shopping/marketplace/NFT app and they just announced that they’re building their own gasless chain called The X-Chain XCUR (XC-20). This means that when their app is released that we’ll be able to have access to buy anything in XCUR’s ecosystem with no additional gas fees. They already partnered up with Shopping.io and Travala. Being able to shop for NFTs, anything on major platforms that they’re connected to and do P2P trades as well.

FTX.Com $FTT

When you stake 150 FTT, all withdrawals on FTX.com are covered by the platform. The savings add up very quickly for anyone that’s doing a lot of trading via open wallets. You’re paying a ton of gas fees as you move your tokens from your primary wallet to MetaMask to use with Uni. At least FTX cuts into that while also providing solid hourly APYs for a ton of tokens. After buying Miami’s Heat stadium naming rights away from American Airlines I’m also not worried about them disappearing out of the blue.

What other projects are you seeing that are gasless?

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