NFTs on the BCH blockchain

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3 years ago

SLP is a great token system for being able to function both like ERC-20 and ERC-721, but for bitcoin cash. The NFT part here is often overlooked and isn't used all that much, although more attention had been brought to it thanks to the recent creation of waifufaucet.com.

But I think that NFTs are were the potential stands for greater adoption of the token system.

There is a massive hole left in the community, especially when it comes to collectible NFTS, by Ethereum now that it's almost unusable with the fees and the only thing plugging that gap right now is WAX.

This is our chance to push SLP tokens. We have WAIFU, SWEET and we have many proofs of concepts from MAZE token, now we need to put it all together and take it a step further.

If a wallet that was simple for people to use (perhaps a web wallet) , like wax was built and more people started creating dAPPS on the blockchain using SLP tokens, mass adoption would likely soon follow.

A lot of development is going on with BCH in the Peer-to-Peer Cash department, and I wouldn't want to take away from that. At the same time though I wouldn't want the potential that tokens have to be overlooked. Many people who love and use BCH don't even know that it exists, and we need to change that.

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$ 0.10
$ 0.10 from @homopit

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