There are applications working on it. Almost all are VC money so there is that to it. But it is starting to be opened up.
We just need to get Hive involved. One we get some things in place, I think expansion into it will be rather easy.
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We should enable collateralization of #NFTs and accounts with HP, then expand outside.
An interesting idea. Not sure how that would look exactly but if we get some infrastructure in place, I am sure people could toy with the idea.
It is why having a solid (or two) smart contract layers in place is crucial.
I think what you propose is possible. Once someone tosses the idea out there, others can start to add to it. Then things blossom.
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Yeah, smart contracts are way more important than I thought, lol.
Imagine having a marketplace that enables influencers to put their account as collateral. They form a proposal and the market decides whether it's worth it or not.
Big social media accounts can generate nice yields if being liquidated and the market might use it as leverage. Seems possible if you ask me.
On top of that, $HBD would have another sink.
It could have massive potential. Tokenization would also allow others to share in the profits a influencer was able to generate.
This is the thinking we need to have. We need the use cases for HBD to explode.
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Or build a platform that enables influencers to make an offer for their services, whether it be marketing, art, or anything else. We can trade services with ease, especially here, on Hive where everything's transparent, fast, and cheap to run. The protocol takes a small tax from both sides to make a yield and avoid spammers.
I mean the opportunities are endless.
I'm just writing this down in case I forget, it wouldn't be the first time. lol
The ability to tokenize, even with NFTs, opens the door to what you are mentioning. Suddenly barter isnt really that since the exchange would be in token form.
For example, a token might entitle me (as the holder) to three hours marketing service (or whatever). That is really where we are embarking upon new territory.
And all those tokens could be paired with HBD.
I find it happens more as I get older.
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For example, a token might entitle me (as the holder) to three hours of marketing service (or whatever).
Could be big, agreed.
But it'll take us time to build something like this from scratch.
If done correctly we'll witness a different era of Hive