Crypto Protocols without incentives are little more than glorified "decentralized databases." They primarily store domain-specific data, such as social interactions or user activity, and beyond that, they offer little utility. This is problematic because a "decentralized database" on its own lacks a compelling product-market fit: it is slow, expensive, and, ultimately, provides minimal value compared to more efficient Web2 solutions.The Problem with "Decentralized Databases"Because these cryp...
