| Funding niche software projects by using tokens. For example, Unitrade launched a token to fund development of a project providing advanced tools for Uniswap, a decentralized exchange https://unitrade.app/ https://uniswap.org/ Decentralized autonomous organizations (DAOs) that are new and experimental forms of company formation. See DXdao https://dxdao.eth.link/#/ Compound, a large player in the Decentralized Finance (DeFi) space that allows anyone to borrow against their crypto holdings https://compound.finance/ The craziest part of Hacker News is the near universal opposition to cryptocurrency and blockchain technology. It is not going away, and governments are finally bending to reality and accepting it, rather than banning Bitcoin and similar outright. There is no better way that a developer can earn outsized riches than blockchain and cryptocurrency. You are solving tough problems in difficult, constrained environments and are rewarded extremely well for doing so by a global group of investors involved in this alternative financial system. But please, if you don't like crypto, just build whatever SaaS bullshit an MBA is telling you to and take your 0.1% equity for busting your ass. I have spent years in the extraordinarily interesting world of blockchain and have been rewarded extremely well in terms of personal growth, education, and financial rewards. |
You are not rewarded for "solving tough problems" or anything else related to creating actual value. It's FOMO driven gambling, scams and enabling organized crime that gets money into the crypto ecosystem.