noticed more often in the market is that an exceptionally good product that fulfills an essential function is also generally seen and recognized and increases in value through its use. Do you expect that we have something exceptional to offer with Btp? In other words; is BTP unique. Are there competitors that are further ahead? Thanks
Yes BTP is unique. I’m not available to do a deep dive right now, but there is indeed competition as well and different types of solutions for interoperability, some more centralized than others, some more expensive than others, etc. BTP falls in the area of being more secure and more expensive, tho I have plans to make it more efficient after the initial launch. Also, the expense falls on the relays, which are operated by ICON initially. Overall, interoperability is quite young. People are experimenting with moving tokens around, but the future use cases will be far more extensive and complex, truly cross chain apps querying data from many networks. Plenty of room to compete, improve and develop new use cases
What's the plans for getting it out there though does sound promising but we need to be spreading this round the crypto space was wondering what plans we have for this and I'm not talking about some YouTuber who post shit coin videos but a more respectable approach to marketing
If more well known competiting blockchains are further ahead that might be some scary prospect as this usually makes taking the interoperability solution market share easy.
Good luck Scott and thank you for working so hard for Icon.
An incentive program similar to Avalanche Rush would make sense to me
Start the show already sir. ❤️
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