This video started out as an intention to write a few notes about EOS token economics. It quickly exploded into a multi-dimensional realm of economic complexity. I have modelled it out but it's too complex to explain in one video. So today I have just sliced out the value proposition for dapp developers specifically. Then we can deal with other points of view in other videos.
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Excellent analysis. More of this please. It seems to me that EOS is one of the most intriguing projects out there. Of course, dapps and transactions don't necessarily lead to a high token price. Looking forward to the ride, regardless.
So in a way by staking EOS is like buying a piece of a data center that gets upgraded for life?
It will be interesting to look at another video that explains the other side of the coin. How Block producers are incentivized to keep upgrading capacity and how the token appreciates in its value
"So in a way by staking EOS is like buying a piece of a data center that gets upgraded for life?"
That is a fair statement IMO.
I think EOS is the best actual global computer. But I may be ignorant because I did not check every single project as much as I would like to.
I would request a video where you will talk about details regarding EOS computing resources -- how RAM or CPU is actually used.
I believe that open #communication and #education system you provide will help build up real value for EOS.
Comment with favorite EOS dapp. Go
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Somehow I wonder how all these projects (not only on EOS) will be able to survive. So much creativity, not coordinated and probably more or less wasted. Or not?
I have been the believer in the project EOS from the day one and I am not wrong it proved. It's actually good to see the platform booming and Dapps are based on the Eos platform. Thanks for sharing insight
EOS continues to rapidly expand its ecosystem and it will be interesting to see it starts growing its user base as more Dapps launch. Many will continue to challenge it as options continue to develop.
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Great video as usual!!! EOS may not always be the leader in this space but at the moment doesn't have too many real competitors capable of delivering what they have done so far , especially in such short a time
So Dapp Developers must buy EOS or they could work for someone that have the EOS required to run the Dapp ... developers as workforce do not need to be entrepeneurs themselves ... but that is just my opinion ... but perhaps you mean EOS-Dapp Entrepeneurs-Investers-Promoters employing Dapp Developers would rather choose EOS ...
Yeah I say developers meaning the companies building the dapps.
Very insightful, Chris. Staking EOS is actually better than using something like AWS because of the difference in purchasing reusable "capacity" and renting "capacity". AWS makes hardware and software upgrades like BPs will over time, but the difference is their rental rates increases :)
Interesting. For more exposure (and possibly some tips) you may consider re-posting this article to https://eos.discussions.app