Shitcoins Today: Issue #3
So what exactly do you do with all the shitcoins in your Hive Engine wallet? Besides earning more of them? Do they even have any demand outside of pure speculation? Not even talking about getting listed on external exchanges. Although, that is great for the token holders.
One of the fundamental issues of these assets is that they have no use case. Sure, you could burn some tokens in exchange for votes, but that's so last year. Do you enjoy being part of a perpetual token machine that does nothing but to generate more of itself? Ugh, haven't we moved on from bid bots yet?
It would be unfair to assume that issuers have not tried their hands in the use case department. LEO had its hands in its own shop. NeoxAG has some use cases inside their community. Other than that, there is not much beyond DEC in @splinterlands.
Lucky for all of us, there are ways we can throw our tokens at something while feeling like we are doing something.
Case Study: dCity
It's a stroke of genius by @gerber to have a game where users could utilize other assets on the chain. The game appears simple, but it incorporates the greater ecosystem of Hive.
All that CCC collecting dust in your wallet? Now, you are holding art festivals. Instead of waiting for auto-@amico to give you some BEER, why not own your own brewery that gives dividends? Who cared about WEED before you could run your own plantation? Are you a science buff hoarding all those STEM tokens? Now, you can hold conventions and attract scientists to your city.
What's the point of it all? To improve your city.
There are also indirect benefits of creating demand for the tokens. A player only has a few ways to acquire them. They either buy from the market or participate in their respective communities. Either way, there are more positives than not.
Give @dcitygame a try. It's low maintenance and doesn't require you to stay glued to the screen. It's like a Sims game with a lot less graphics.
Closing Thoughts
There are lots of untapped potential at Hive. The question is how one would extract that potential and still benefit Hive. The brief look at dCity offers some insights for future dapp developers. That is, if they wish to attract people from all walks of life.
You don't have to involve everyone's shitcoins. But, it wouldn't hurt to see how involved those shitcoins can be.
Disclaimer: author does hold all assets mentioned and dabble in dCity on occasionsPosted Using LeoFinance
