I wanted to gauge payout interest in third layer assets like the Augur prediction market. After Vance has added the remaining six top 20 coins, is anyone interested in being paid in items that represent other assets?
For example, it should be possible to earn shares of "Andrew Yang wins the 2020 Presidential election." These would be worth 20x the payout rate if he wins and nothing if he does not. Is this something anyone would be interested in?
Interested in other assets?
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Steve Sokolowski
- Posts: 4585
- Joined: Wed Aug 27, 2014 3:27 pm
- Location: State College, PA
Re: Interested in other assets?
I would really love to see XLM or Stellar added to the payout list for sure!!!
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Steve Sokolowski
- Posts: 4585
- Joined: Wed Aug 27, 2014 3:27 pm
- Location: State College, PA
Re: Interested in other assets?
That's great, and we have plans to add those, but that's not the question I asked. I'm referring to third-level coins, where distributed apps create and trade assets that represent probabilities or real-world assets like silver and gold.Aramis wrote:I would really love to see XLM or Stellar added to the payout list for sure!!!
Re: Interested in other assets?
Meaning such as TRON? Based on the ETH Blockchain?
Re: Interested in other assets?
Personally I am only interested in legitimate coins, not gambling.Steve Sokolowski wrote:I wanted to gauge payout interest in third layer assets like the Augur prediction market. After Vance has added the remaining six top 20 coins, is anyone interested in being paid in items that represent other assets?
For example, it should be possible to earn shares of "Andrew Yang wins the 2020 Presidential election." These would be worth 20x the payout rate if he wins and nothing if he does not. Is this something anyone would be interested in?
(Although I guess some would say cryptocurrency is gambling, I do not.)
Even if I was interested in that, it is not clear to me how getting paid in those shares is of benefit to your customers, since they could still get other coins to "spend" at Augur. That "friction" seems low enough that it is different than mining bunches of different coins, to pay in bunch of other coins.
Just my opinion.