> It's similar to AWS where it got exponentially more valuable as each new service was added
But... I have yet to see a service which really adds value. All I've seen so far are:
A) collection games, which are not different from collecting Pokémon for real money.
B) liquidity PvP, where users open leveraged bets to hunt other market participants' stops/liquidations, so the hunter can reduce their position for cheap, which the hunted takes a loss (this is not different from tradfi).
I am looking at Aave right now, and all I see is a speculation platform with tokens instead of currencies. So basically, you guys are re-inventing what tradfi had years ago, just with worthless(?) tokens instead of debt backed assets. I am assuming they are worthless because every project you have mentioned is optimized for USD cash inflow, as you have "buy crypto with fiat"-buttons on almost every project[1][2][3], but no way to cash out to fiat. Furthermore, the staking feature from AAVE seems to only artificially decrease supply, so prices rise. What's the value proposition here?
Anyway, I don't really think that this stuff is even remotely comparable to AWS.
[1] https://app.aave.com/ (press "more" on the nav bar)
[2] https://zerion.io/ (FAQ > "just tap the blue button in the center of your screen, select ‘Buy’, and you will be taken to the dialogue window where you can buy crypto with a credit or debit card.")
[3] https://blog.1inch.io/transak-fiat-on-ramp-provider-is-integ...
But... I have yet to see a service which really adds value. All I've seen so far are:
A) collection games, which are not different from collecting Pokémon for real money.
B) liquidity PvP, where users open leveraged bets to hunt other market participants' stops/liquidations, so the hunter can reduce their position for cheap, which the hunted takes a loss (this is not different from tradfi).
I am looking at Aave right now, and all I see is a speculation platform with tokens instead of currencies. So basically, you guys are re-inventing what tradfi had years ago, just with worthless(?) tokens instead of debt backed assets. I am assuming they are worthless because every project you have mentioned is optimized for USD cash inflow, as you have "buy crypto with fiat"-buttons on almost every project[1][2][3], but no way to cash out to fiat. Furthermore, the staking feature from AAVE seems to only artificially decrease supply, so prices rise. What's the value proposition here?
Anyway, I don't really think that this stuff is even remotely comparable to AWS.
[1] https://app.aave.com/ (press "more" on the nav bar)
[2] https://zerion.io/ (FAQ > "just tap the blue button in the center of your screen, select ‘Buy’, and you will be taken to the dialogue window where you can buy crypto with a credit or debit card.")
[3] https://blog.1inch.io/transak-fiat-on-ramp-provider-is-integ...