I am trying to figure out how the skale token

Question

I am trying to figure out how the skale token

can profit of mass adoption in case millions of gamers play on the skale chain but do not pay any gas fee. Anybody, any thoughts?

#cryptocurrency #english #skale

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01.09.2023

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Mark | I do not PM first · Accepted Answer

Hi Henski, You can find the token's four main functions here: https://skale.space/network#token Check out in particular the Developer Subscription fees utility. Basically, the token is used with the "pay-for-block-space" model not unlike Ethereum's, but instead of ride-share gas (i.e. end users paying fees for each and every blockchain interaction), it instead rents out the whole car (i.e. dApps pays subscription fees in SKL for their SKALE chains). Note that SKALE is a multiple blockchain network. Zero gas fees for end users is made possible because of this, and in its place, there are subscription fees for SKALE chains. Now, we can have Web3 gaming with seamless UX where the blockchain aspect can truly be made invisible and not add any friction to the gamers and their enjoyment of the games. You can read more about the SKALE token and network economics here: https://skale.space/blog/validator-economics

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