Q05 — What Are The Most Plausible dApps You See Developed On The SNAX Blockchain?
If I may, at the very beginning, put one simple remark to the title: The most plausible dApp should be the most necessary one. And that would, of course, be…
The most essential one. I would like to see the power of EOS blockchain in practice — the first dApp should be an exchange like Blocktrades. That would in a simple and straightforward manner establish value of SNAX relative to other cryptocurrencies. As a matter of fact, our @chrisaiki already proposed a value in the comment to my previous text. Although we made a joke out of it — that can be a proper model for the creation of SNAX’s market value — selling Steemit influence for SNAX — instant supply and demand!
That way, there wouldn’t be any necessity for pleading centralized exchanges to include SNAX on their list. And our @blocktrades could be more interested to implement SNAX to his exchange, which would be a quick way to form a realistic assessment of market value. It would give a real meaning to the SNAX project.
When we have that dApp, everything else will flourish!
But, as usual, the most interest would attract — gaming! The next thing would be excercising EOS blockchain power in certain kind of games. Do you remember how cryptokitties has clogged Ethereum blockchain? That would not happen to EOS… at least for six more months ;)
And despite the success of Steem Monsters and Drugwars, there is one game with much greater potential: Sports betting. The team from the Scorum platform launched a fantastic idea that could kill all centralized bookmakers who are getting enormously rich by setting fees and abusive margins on the guessing game. With ScorumBet you can be your own bookie, and bet directly with anybody on the planet without paying any fee! Unfortunately, the team is not so keen on developing that platform as it deserves, and the number of users is falling. One capable developing team of programmers could make decentralized exchange which may incorporate SNAX and SCR (Scorum token) helping both platforms. Or even make a revamp of this idea on the EOS blockchain and become the ruler of the domain. Just imagine advertising potential of that platform…
SNAX ranking and rewarding is working…
Ranking system and rewarding with Steemit has started working today. We have more than 10,000 steemit accounts linked to SNAX so far, in the first 10 days.
Now we have a foundation for rethinking the potential on the new blockchain, and a new unit. I have given just two possibilities — the necessary one and the fun one. People will raise many more ideas out of it. But the neccessity is the real mover. Did you see how Ginabot improved user experience at Steemit? Just because there wasn’t a reliable mechanism of notification integrated into the system. When we get decentralized exchange with SNAX in it, and an initial value, there will be much larger motive for innovation.
Ditching the Dollar
And BTW, did you notice in my previous post that I have expressed predicted value of SNAX in satoshies? In three years, expressing the value in paper fraud like dollar can become completely meaningless… if there is a dollar after three years. We are all aware of crypto future. It would be natural to make our transition to an obvious new accounting unit.
Aren’t we here to create a better World?
https://snax.one/steem/lighteye
Comment as you see fit!
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Linked posts:
Q04 — Where Do You See The Price Of SNAX In 6 Months, 1 Year And 3 Years? Why?
Q03 — What Do You Think About The SNAX Reward Algorithm?
Q02 — What Was The Most Difficult Part In Linking Your Account With SNAX And How Could This Process Be Improved?
Q01 — When did you first hear about SNAX and in what context?
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This is a text for the 30 Days Challenge hosted by our @dragosroua
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Universal Basic Income
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Snax.One Wallet
Do you mean Bitshares ? instead of blocktrades.
No. I meant Blocktrades. Bitshares is DAO, Blocktrades is dApp. Am I wrong?
As far as I know Blocktrades is not decentralized.
You are right, @chrisaiki, my mistake. Corrected. Thank you.
Thanks for your really interesting answers to @dragosroua's #challenge30days questions: I find them very interesting and very well written!
This is a very interesting point!
However, I still doubt that all this "technological decentralization" is a mirror for larks, in the sense that I still do not know for certain that behind all this crypto movement there are not the usual directors of the current FIAT monetary system. What do you think about it?
No, they are not. Bitcoin is not a manipulation.
It will be my conspiracy tendency, but now I don't give anything for sure. ;)
You don’t have to construct any conspiracy. Bitcoin is open. Go to source and see it for yourself.
"Open source" isn’t synonymous of "not controllable" nor infallible.
Posted using Partiko iOS
Yes, but you can see what it is — if you want. You don’t have to guess or construct “theories”. Bitcoin is a revolution, and it will destroy “money changers”.
I really hope so, mate!
But without believing... I'm observing the phenomenon with curiosity!