Dave Hendricks Profile picture
CEO/Founder @Vertalo_, cofounder @LiveIntent (exit '24), founding team CheetahMail (exit '04). #RWA Tokenization Realist since 2017

Sep 18, 2020, 6 tweets

1/ So after a while bunch of updates at @Vertalo_ , we released a new V-token smart contract suite formatted on #tezos today.

2/ now y’all know that #defi is crazy hot. So many transactions happening on @UniswapProtocol (thanks for the airdrop!) and all the various DeFi liquidity pools, farms, etc. It’s super exciting.

3/ But #eth gas prices are going parabolic. And so smart contract minting prices are much more like omakase #Sushi than they are street vendor #hotdog

4/ If we issued this @Vertalo_ VToken smart contract - a very elegant smart contract - on ETH right now, it would cost $900. !!!

5/ However, by issuing it on #tezos, the @Vertalo_ VToken gas price is more like $11. !!! And the cost of trading it is even less.

6/ As more equity offerings, supply chains, and other critical data is managed using DLT, it’s important to think about transaction costs as part of TCO.

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