A Testament to Blockchain
Alas, Steemit breaking apart into a Hive duality seemed to diminish any substantial influence. Hive community showed its warrior spirit as Tron became part of the mix. Surprisingly, Hive seemed to move along without missing a step. A testament to blockchain? Sure seems like a topic worth exploring at a blockchain research institute.
Steemit community harnesses some of the warrior spirit itself. Before Hive, the EOS ICO left many questions behind. For those not familiar with EOS, it’s the mainnet application for EOSIO. Several open (public/decentralized) and private blockchains use EOSIO technology to build on. EOSIO is considered a 3rd generation blockchain led by the same mind that created Steemit. It solves many issues that limit 2nd gen smart contract platforms (e.g. Ethereum).
Splinterlands on Atomic Hub
Atomic Hub is built on Wax which is built on EOSIO. WAX (Worldwide Asset Exchange) lays claim to being The King of NFTs. It makes a really good argument too. Just visit Atomic Hub (WAX category) and view daily transactions and sales. Creating Atomic NFTs is easy. I did one myself.
Splinterlands on Atomic Hub puts the game, Hive, and potentially Steemit in the public eye. Atari, StreetFighter, Topps GPK, and Blockchain Heroes all trade wildly on Atomic. Splinterlands recently promoted 20% off lands, a new implementation sure to make the game that much more exciting.
DeFi on NFT: Direct Supply Chains
But what does all this mean for microDeFi? Splinterlands easily crossing over tech barriers is more proof for blockchain’s potential. This alone might catch the eye of business leaders.
Consider now what NFTs actually represent. They share many of the similarities of goods on a supply chain. If Splinterlands was a company, its NFTs might be tradable assets (goods and services). Still seeming a bit off topic? Consider if every item on a shelf in an Amazon warehouse were designated by an NFT. Now imagine what happens when goods are returned. There’s a whole micro-economy based on Amazon returns.
For large companies, more efficient warehouse operations could dramatically change their business models. NFTs present the opportunity to go more seamlessly from production to profit reliability. Small companies would also benefit from such efficiency as well as lower the risk for start ups.
An NFT-based distribution model should also serve to prop up local economies. Real world applications would drive economies more strongly than administrations disassociated with local needs.
Splinterlands indeed, a foundational blockchain game on the verge of coming into its own.
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