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Johnny Chin π
@artful.eth
Why would a crypto project want their own appchain? 3 main reasons: 1) Generate an additional revenue stream 2) Scalability 3) Customization of UX 4) Build utility / an ecosystem
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Johnny Chin π
@artful.eth
An appchain is a specialized blockchain designed to handle a specific task or application more efficiently than a general-purpose chain. Hereβs a breakdown of why a project would want their own appchain:
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Johnny Chin π
@artful.eth
1) $$$$ - You could set a significant % of the transaction fees to go directly to your project. For ex, Zoraβs L2 revenue was 169.2 eth in March.
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