BULBmoji as Tokenised POW stores of value
BULBmoji as Tokenised POW stores of value
We already know about about BULBmoijis as the exist on Blub right now.
This article goes over it in detail https://www.bulbapp.io/p/9763aa5c-c742-4027-9656-92e5fca982c8/bulb-nfts-real-utility-bulb-prizes?s_id=2565b845-3d4f-4647-b846-6e403097e38f
But now let's dive, into a long term view here. Let's speculate wildly.
Tokenised Proof Of Work
Yeah I just used a bunch of crypto bingo words.
But I have the goods to back it up. Promise.
As you use BULBmoiji on Bulb (reading, reacting, writing, sharing, moderating) you level them up so increasing their boosts.
You're increasing the points return you get but you're also increasing their long term value.
Social media tends to be a winner-take-most game. Value flows to the very popular content but for social media platforms to be successful they need a lot of engaged users. Users who contribute important value to the platform but who have been traditionally an afterthought in a winner-take-most model.
The points on your BULBmoiji represent the proof of the work you've put in. Unlike a POW blockchain that discards all valid work spent solving a mathematical challenge that isn't from the winning miner, BULBmoiji capture all the value you've put in contributing to the platform and return that value to you immediately the form of increased boosts and longer term in the increased value of the BULBmoji itself.
Think about it. You might never have a viral blog or even a viral article, but through dedicated work you can create a valuable asset via a levelled up BULBmoiji which is going to likely be worth more to a much more to a popular blog than yours. BULBmoiji enable you to trade your hard work for rewards.
Try finding that kind of value proposition on any of the web2 giants today.
Proof of Honest Work
We're just at the start of web3 social media. BULBmoji are just at the start of their value accrual.
But unlike your traditional NFTs, like a BAYC, you don't just buy and hold to see value, you buy and put to work on Bulb to boost your earnings and to increase the value of the BULBmoji asset over time.
It's also proof of legit effort, over time, and I think that gives these even ore value as there's a tangible history of effort that's gone into building the value in each BULBmoij.
I could see a world where highly levelled BULBmoji were actually valuable for the rarity of their metrics as much as their actual utility on Bulb itself (which would also be high).
What are you waiting for?
At time of writing you can still buy BULBmoji packs on the Shop for $BULB https://www.bulbapp.io/shop. Price starts low for each person and increases with every pack you unlock. There's a chance to snag higher level BULBmoji with each pack.
You can also buy unwrapped (and potentially levelled up) BLUBmoji on the Marketplace for $SOL https://www.bulbapp.io/collections/bulbmoji