Have you heard about #Fantom's plan for gas subsidies?
It means: no more faucets, no more bridges, just wallets!
Let me show you examples why this development has incredible implications for dApp developers. Plus, huge potential to increase $FTM adoption 🚀
A short thread 🧵👇
It means: no more faucets, no more bridges, just wallets!
Let me show you examples why this development has incredible implications for dApp developers. Plus, huge potential to increase $FTM adoption 🚀
A short thread 🧵👇
#Fantom gas subsidies will allow a smart contract to provide the $FTM gas token for any user.
This is gone: send fiat to CEX, wait 3 days for arrival, worry about native bridges (or faucets), calculate gas on the main layer depending on congestion, all to get your first $FTM gas
This is gone: send fiat to CEX, wait 3 days for arrival, worry about native bridges (or faucets), calculate gas on the main layer depending on congestion, all to get your first $FTM gas
Gas subsidy possibilities are endless & novel.
Example 1: A multiplayer gaming quest ends, the successful player now completes on-chain transaction to collect his loot. Cool, new armor! ⚔️
& the $FTM gas token for the txn was provided directly by the game's contract. Convenient
Example 1: A multiplayer gaming quest ends, the successful player now completes on-chain transaction to collect his loot. Cool, new armor! ⚔️
& the $FTM gas token for the txn was provided directly by the game's contract. Convenient
Example 2: A popular new on-chain social app requires a user to interact with a smart contract to post their latest blog.
User is logged in, submits blog entry to app, $FTM gas subsidized directly, entry provably shared/secured on-chain. Decentralization & no onboarding headache
User is logged in, submits blog entry to app, $FTM gas subsidized directly, entry provably shared/secured on-chain. Decentralization & no onboarding headache
With the gas subsidy solution, a dApp developer on #Fantom has access to a massively larger audience than just the usual native crypto users. The implications for real world applications are vast.
And many devs are already sharing their interest 💬
And many devs are already sharing their interest 💬
https://twitter.com/MorphexFTM/status/1620741074980605953?s=20
Still lost on real world application?
Example 3: Far in the future, private medical record data is kept secure in a decentralized storage application. Accessible only by the owner, they login to the dApp to get their results, "signing" a blockchain txn in the background, no gas.
Example 3: Far in the future, private medical record data is kept secure in a decentralized storage application. Accessible only by the owner, they login to the dApp to get their results, "signing" a blockchain txn in the background, no gas.
Now you're starting to see, gas subsidies can change the game for developers coming to build their dApps on #Fantom.
Q: When can we expect them go live? 👀
A: This year 👇
Q: When can we expect them go live? 👀
A: This year 👇
https://twitter.com/AndreCronjeTech/status/1621007032026533888?s=20
Whether you are part of the #FantomFam already or just making your way over, a Follow will ensure you learn more about our $FTM ecosystem over the coming days, weeks and months to come! 🤝
Thank you for taking the time to Like & RT the top 💙
Thank you for taking the time to Like & RT the top 💙
https://twitter.com/Nick_SR5/status/1628046318085242880?s=20
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