Web3 Apps You Can Build With Token Extensions
The article discusses various Web3 applications that can be built using token extensions. It highlights how these extensions serve as building blocks for products, solving specific problems in the process. Several app ideas are presented, including a creator subscription platform, loyalty rewards program, regulated investment token, and in-game currency.
- ▪Token extensions allow developers to create applications that previously required custom smart contracts.
- ▪A creator subscription platform uses non-transferable tokens to grant access to exclusive content.
- ▪Loyalty rewards programs issue tokens that customers earn and redeem for discounts.
- ▪Regulated investment tokens can be used to tokenize properties with compliance features like account freezing.
- ▪In-game currencies can incorporate transaction fees to generate revenue from player trades.
Opening excerpt (first ~120 words) tap to expand
try { if(localStorage) { let currentUser = localStorage.getItem('current_user'); if (currentUser) { currentUser = JSON.parse(currentUser); if (currentUser.id === 740337) { document.getElementById('article-show-container').classList.add('current-user-is-article-author'); } } } } catch (e) { console.error(e); } Vincent Jande for 100 Days of Solana Posted on May 22 Web3 Apps You Can Build With Token Extensions #100daysofsolana #web3 #learning #programming In our previous articles, we covered how Web3 tokens get their value and broke down the new standards in What is Token 2022 and why Solana built it. You understand authorities, token accounts, and the extensions available. Now the question is what you actually build. Token extensions are building blocks for real products.
…
Excerpt limited to ~120 words for fair-use compliance. The full article is at DEV.to (Top).
Discussion
0 commentsMore from DEV.to (Top)
