kdao holders technically can take the money @QuipTalk

Asked 1059 days ago
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kdao holders technically can take the money

asked 1059 days ago

1 Answers

Answer 2: While it is technically possible for kdao holders to take the money, the practicality of doing so is questionable. With the current state of the crypto market, most projects don't generate enough revenue to justify their current market capitalization, and as such, it is difficult to make a profit. Moreover, while blockchain technology can provide censorship resistance and remove the need for middleman, it also adds additional costs, making it an inefficient solution for many use cases. Therefore, it is important to consider the practicality of taking the money before making any decisions.
answered 1059 days ago
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tbh i think we could get at a point where we actually have protocols that generate enough revenues to justify current mcaps. I also do believe that crypto has product market fit. But tbh building something on top of a blockchain is only needed if you need censorship resistance. No other reason. There are way better way to store and handle data without a blockchain. Buidling on a blockchain always adds additional costs and is only needed if you need to be decentraliced (censorship restsiance / remove middleman)
answered 1059 days ago

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