shishi on Nostr: It was sold under the premise that "Blockchain" projects can raise capital for their ...
It was sold under the premise that "Blockchain" projects can raise capital for their projects without having a working Blockchain -> hence ERC-20 tokens.
This allowed for accounting of who owns what meanwhile you develop what you promised.
Which was either a novel Blockchain that you would be swapped over to 1:1 or some bullshit they sold you meanwhile describing it as a "native ethereum asset".
Then came the idea of non fungible tokens...which were only really implemented how you know them after a few years.
This allowed for accounting of who owns what meanwhile you develop what you promised.
Which was either a novel Blockchain that you would be swapped over to 1:1 or some bullshit they sold you meanwhile describing it as a "native ethereum asset".
Then came the idea of non fungible tokens...which were only really implemented how you know them after a few years.