@ignas
Amazing how many once hot & high potential crypto experiments failed.
Just a few on my list:
- Fractional NFTs / ERC-404
- NFT lending
- Music NFTs
- Elastic supply tokens/stablecoins (although $AMPL still alive)
- $YFI style 'fair launches'
- (3,3)
- Move-to-Earn (and similar Earn slogans)
- Two-token model (Bera might be last to try it)
- Algo-stablecoins (UST but sUSD depegged despite 750% col. ratio)
- "Stable asset" controlled by interest rates, not pegged to fiat: $RAI
- Stables backed by Protocol controlled value (PCV) like $FEI.
(Olimpus DAO keeps similar Protocol Owned Liquidity (POL) idea alive.)
Failure is part of innovation. And crypto is amazing as we experiment a lot.
Perhaps those ideas were ahead of their time, like YouTube was before adequate internet speeds.
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