While the NFT revolution is certainly here, and EOS is well positioned to take advantage (just look at Wax), it’s disappointing to report that there are several matters holding EOS back from realising its potential and becoming a leader in mainstream NFT adoption.
Well, I think one of the main reason why EOS is having a hard time becoming the mainstream blockchain for NFT's is because Wax blockchain itself has a self sustaining community and what I mean by that is there are a lot of games that just helps in generating the needed currency for free which is wax an example would be rplanet and it's rplanet effect to nft's. I think that is the edge of Wax blockchain to EOS. Also, I maybe wrong about this but for me personally, it is easier to use wax and it helped me gain from literally nothing as I entered the blockchain with 0$ and just invested my time in mining, flipping, and staking that paved a way to make me buy my own BTC Miner and mind you, I've been in the space for just a month and a half. Hopefully I could learn more about EOS and explore it with you guys as you grow
One could argue all the great minds are wrapped up in designing & coding for ios, but lets be honest, your probably right - mass adoption doesn't = mass omissions.
In saying that, I'm sure when the time comes & the floodgates open, those who chose to lay the creative foundations, beginning with ios pathways, wont be gutted.
The CPU/NET/RAM bit is definitely confusing at first, takes some getting used to. There should be an easier way to onboard new users that isn't intimidating.
I was watching a pretty hilarious livestream with Sean and Jimmy recently. Sean brought up the question of how an easier-to-use bridge between Wax and EOS would benefit/not benefit each chain.
I personally feel that a direct bridge (not Prospectors) could really give life to EOS via AtomicHub at least. People would be more willing to move funds to the EOS market to buy NFTs if it were more straightforward and easier.
The difficulty of setting up a wallet really turned me away from EOS. It was hard for me to figure out and I've been in crypto trying many different wallets since 2017. I feel that improving this massive barrier of entry would do absolute wonders for EOS as a whole.
The lack of having an easy to use desktop app is also a reason. Getting an account is not the easiest thing in the world. Once you have an account the only NFTs worth buying are the Cryptowriter NFTs or a few of the gems. Very slim pickings at this moment. Getting money to my account wasn't that hard as I sent from Coinbase and didn't pay a fee. I feel once the Android app is up to par we may see a kick up of adoption.
EOS has an amazing potential and I see it as something that can change the future in crypto, but is definitely not easy for beginners to start with it, and I’m very happy that some people is trying to change that to make it more mainstream and popular.
Wow this article precisely explains the issues and concerns I had about EOS. What got me to get into EOS was in fact CryptoFinney. Didn't know anything about it prior to that. I had earned some tokens from my membership card but when I tried to burn them I got all kinds of error messages. I realized someone had given me a few EOS which I transferred over thinking it would help but had no idea what to do. For a beginner their is a huge learning curve one which most people would get frustrated with and call it quits. I ended up finding out through Telegram that I could pay a monthly fee and get up to 50 free transactions. That fee was minimal so decided to go that path but will the average user even know where to find that information? Wax for sure is much easier and I hope that EOS learns a lesson if they want to get a larger user base. In fact all of Crypto should take a lesson from Wax, their on boarding is so easy!
It's been a long time since we saw such accurate findings in a single article.
Thanks
what exactly are the shortcomings
What to do can be seen in this article.
Well, I think one of the main reason why EOS is having a hard time becoming the mainstream blockchain for NFT's is because Wax blockchain itself has a self sustaining community and what I mean by that is there are a lot of games that just helps in generating the needed currency for free which is wax an example would be rplanet and it's rplanet effect to nft's. I think that is the edge of Wax blockchain to EOS. Also, I maybe wrong about this but for me personally, it is easier to use wax and it helped me gain from literally nothing as I entered the blockchain with 0$ and just invested my time in mining, flipping, and staking that paved a way to make me buy my own BTC Miner and mind you, I've been in the space for just a month and a half. Hopefully I could learn more about EOS and explore it with you guys as you grow
One could argue all the great minds are wrapped up in designing & coding for ios, but lets be honest, your probably right - mass adoption doesn't = mass omissions.
In saying that, I'm sure when the time comes & the floodgates open, those who chose to lay the creative foundations, beginning with ios pathways, wont be gutted.
Finally - any fee is a shit fee 🤣
The CPU/NET/RAM bit is definitely confusing at first, takes some getting used to. There should be an easier way to onboard new users that isn't intimidating.
I was watching a pretty hilarious livestream with Sean and Jimmy recently. Sean brought up the question of how an easier-to-use bridge between Wax and EOS would benefit/not benefit each chain.
I personally feel that a direct bridge (not Prospectors) could really give life to EOS via AtomicHub at least. People would be more willing to move funds to the EOS market to buy NFTs if it were more straightforward and easier.
The difficulty of setting up a wallet really turned me away from EOS. It was hard for me to figure out and I've been in crypto trying many different wallets since 2017. I feel that improving this massive barrier of entry would do absolute wonders for EOS as a whole.
The lack of having an easy to use desktop app is also a reason. Getting an account is not the easiest thing in the world. Once you have an account the only NFTs worth buying are the Cryptowriter NFTs or a few of the gems. Very slim pickings at this moment. Getting money to my account wasn't that hard as I sent from Coinbase and didn't pay a fee. I feel once the Android app is up to par we may see a kick up of adoption.
I think one Hindrance may be the fluctuation between the same kind of art on wax and eos and the difference in pricing
You’re %100 percent right !
EOS has an amazing potential and I see it as something that can change the future in crypto, but is definitely not easy for beginners to start with it, and I’m very happy that some people is trying to change that to make it more mainstream and popular.
I think soon this is going to be massive !
Good luck and great article
Wow this article precisely explains the issues and concerns I had about EOS. What got me to get into EOS was in fact CryptoFinney. Didn't know anything about it prior to that. I had earned some tokens from my membership card but when I tried to burn them I got all kinds of error messages. I realized someone had given me a few EOS which I transferred over thinking it would help but had no idea what to do. For a beginner their is a huge learning curve one which most people would get frustrated with and call it quits. I ended up finding out through Telegram that I could pay a monthly fee and get up to 50 free transactions. That fee was minimal so decided to go that path but will the average user even know where to find that information? Wax for sure is much easier and I hope that EOS learns a lesson if they want to get a larger user base. In fact all of Crypto should take a lesson from Wax, their on boarding is so easy!