Bring back app token experimentation!
As always, gaming and @Ronin_Network seem to be ground zero for such experiments, just like @AxieInfinity was.
Don't sleep on the ecosystem, just because gaming isn't "hot" right now.
Ok here’s an ELIR (explain like I’m Ronke) walkthrough of app tokens
Imagine a RONKE rice farmer but it gave out a version of rice tokens that could be:
- spent
- staked
Instead of the jail mechanic, you would charge a fee that is burned for selling.
And that fee could be different based on how good of a Ronke community member you are (reputation).
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