The process of MINTING things to the blockchain has resulted in a new CONSIDERATION LANDSCAPE.
Due to the FRICTION and COST of minting, we now want to make damn sure we’re dealing with something *actually* worth minting.
Due to the FRICTION and COST of minting, we now want to make damn sure we’re dealing with something *actually* worth minting.
A random blog post?
Probably NOT blockchain material.
But a contract that requires action from both sides?
Absolutely.
What else should be minted?
Property deeds, licenses, registrations, research papers…
Probably NOT blockchain material.
But a contract that requires action from both sides?
Absolutely.
What else should be minted?
Property deeds, licenses, registrations, research papers…
I’ve mentioned this before, but it’s worth repeating here:
I’d like to see a special blockchain for journalistic outfits where publishing requires a nominal gas fee, but issuing a CORRECTION to an existing article requires an extremely onerous fee—perhaps even destroyed tokens!
I’d like to see a special blockchain for journalistic outfits where publishing requires a nominal gas fee, but issuing a CORRECTION to an existing article requires an extremely onerous fee—perhaps even destroyed tokens!
At the end of the day, it’s all about incentives:
With minting, there’s a clear incentive to get it right the first time.
I see it as the polar opposite of the most pervasive techbro mentality of the last decade—ship early, ship often.
(This turns into shit early, shit often.)
With minting, there’s a clear incentive to get it right the first time.
I see it as the polar opposite of the most pervasive techbro mentality of the last decade—ship early, ship often.
(This turns into shit early, shit often.)
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