[thehazard]

MakerDAO.

[arcticbull]

A useful product. It’s a stablecoin. Your wallet is full of them already.

[thehazard]

...a stablecoin not tied to any major fiat currency with over $600MM of value locked in the contract. That's an extremely successful product by any definition.

[arcticbull]

value locked inside is not a metric of success. By that metric Bank of America is thousands of times more successful, with 1.081 trillion dollars locked in.

[thehazard]

Does Bank of America have a stablecoin not tied to any major fiat currency with over $600MM of value locked in the contract? (Hint: no, no they do not.)

[seibelj]

You will just move the goalposts forever, your mind is closed.

[malux85]

Name one then, don't argue about his mindset, answer the question with facts

[thehazard]

Bruh, I named one above.

[seibelj]

MakerDAO https://makerdao.com/

Ethereum https://ethereum.org/

Cosmos https://cosmos.network/

Augur http://www.augur.net/

Binance Coin https://www.binance.com/

Basic Attention Token https://basicattentiontoken.org/

[duskwuff]

Most of these are primarily investment vehicles.

The only one that I'd consider an exception is BAT, and I'm still not convinced that it isn't a complex fraud scheme against web advertisers.

[davidgerard]

For a while it was a complex fraud scheme against web authors, until they were busted on their "seek forgiveness" business plan. https://davidgerard.co.uk/blockchain/2019/01/13/brave-web-br...

[duskwuff]

That's purely an investment vehicle, not a useful product.

[thehazard]

People are using it. By definition it is useful.