Sybil attacks / farmers
Airdrops would be more effective (decentralized, incentive-aligned) by orders of magnitude if users could be identified as real and unique.
I’m still waiting on some effective, privacy-focused (zero knowledge) KYC solution to catch on.
In the short term games should have a huge advantage here, given work is easier to measure and harder to fake.
Imagine wanting to sell oversized tshirts online, but needing to build out credit card processing software from scratch. Good news - there’s Stripe, so you don’t have to.
IMX is like stripe for web3 game devs. They solve all the shitty complicated problems with building web3 games so devs just focus on building a great game.
@DegenSantaMan @dcinvestor Their moat is becoming so strong as an infra layer in a niche where network effects are everything. Gaming likely to be one of the core use cases of crypto that actually garners mass adoption (eyes on Asia), largely thanks to their UX efforts/experience.
@LoveCatsRobots@atroyn Many highly competent EAs.
The problem with the “movement” as I see it is how “good” is interpreted, and the moral licensing it gives some people.
I don’t think its principles are inherently misguided though…
https://t.co/Kb0mhMYPFR
@dcinvestor assuming this has to do with divergence in risk tolerance amongst stakeholders, it’s interesting the BOD has been so quiet.
given the risks, the lack of transparency is concerning.
@DegenCryptoInfo I think you may need Sybil prevention. Restricting faucets to .eth addresses may help. I think issuance can also be fairly centralized on a testnet.
@dataalways What UX benefits did you enjoy with Polygon, that L2s don't currently provide?
Other than, of course, the maturity of their ecosystems due to old tech vs new.