Identify the problems with using a speculative project token for web3 project user actions. Use Arweave’s $AR token as an example.

Ethereum rollups provide an offchain, asynchronous process for ordering and executing Ethereum transactions that runs parallel to Ethereum consensus. The separation and parallelization of functions opens a wide design/problem space for developers

As protocol developers, we often overlook simple ways to accrue value, and instead bake complexity and friction into our designs in order to serve our token overlords. Technology users demand frictionless experiences, yet in order to stay consistent with jurisdictional laws and regulations, we build “mechanics” that prove beyond a doubt the token is a technology and not a security. To be fair, tokens are a wonderful tool for coordinating protocol actors. They are also a wonderful tool for sustainably funding open protocols.

There is friction with using traditional funding models for open protocol development. It’s not normal institutional behavior to let go of control. Yet, that is exactly what we eventually expect of early protocol development teams and their backers.

The recent news that Meta’s Threads platform will eventually support/integrate the Fediverse has prompted the crypto economics side of my brain to do some soul searching.

In permissionless networks like Ethereum, it is relatively easy for a user to craft many different simultaneous transactions for submission to the network in a short period of time. If message traffic is heavy enough, individual nodes may become overwhelmed causing the network to slow down and potentially become unusable.

Our goal at Biconomy is to continually find ways to streamline Biconomy SDK integrations so that Devs can put gasless transactions in the hands of as many new web3 users as possible. We believe one big pain point for Devs is the inability to budget gas costs. One solution is to simply offer Devs the ability to purchase gas at a known upfront fixed price. If you missed our first piece on fixed price transactions, see what we are building.

Biconomy's mission to make web3 user friendly