This is Harmony's route to crypto dominance by the end of the year...
Crypto currently has roughly 100,000,000 users. These are are the hardcore crypto enthusiasts that like to stick to their favourite coins and mostly just hobbyists and investors. It's going to be difficult to take much of this market share.
Where are the next 100,000,000 users coming from?.. NFTs
There is currently an enormous appetite for NFTs from young people, just look at twitter, but the ETH gas fees are stopping the market from taking off. Celebrities looking to make a buck are going to launch this industry into orbit.
It just so happens that harmony one is built for easy transfer of ETH NFT applications (same developer tools and coding language). And the gas fees will be reduced from $30 to a fraction of a penny. The next best platform for almost gas fee free NFT apps would be solana, but harmony will most certainly beat them to the punch since eth projects would have to completely rewrite their applications in rust coding language with entirely different developer tools and that just wouldn't make sense. And we all know ETH 2.0 won't be here until at least next year, and even when it does it sounds like the gas fees still won't be as low as harmony's anyway.
Imagine harmony's popularity when projects like ethernity and rarible work like this harmony website... https://lma-art-gallery.com/
Look how quickly viperswap made a clone of the eth based uniswap service. Well it's coming for NFT apps like rarible. MEME, ethernity chain faster than you think and I want to be holding when it happens.
Once all these young people have harmony wallets to pay their gas fees, they will realise how awesome the tech is. Send money to their friends anywhere in the world in an instance virtually for free... The more people adopt the platform the more value their coins have... maybe some will dabble with some financial products to get a head start in today's hustle culture.
This is not financial advice, but I certainly won't be letting go of my coins until harmony has revolutionized the crypto scene.
Posted Mar 29, 2021, 11:30 AM UTC · edited
Saturday Night Live just dropped a video about NFTs! https://m.youtube.com/watch?v=mrNOYudaMAc