THELOGICALINDIAN - n-a
Decentralized applications may accept a lot of promise, but they accept a lot of problems too. Most dApps face potentially insurmountable problems of scalability and distribution; this could accomplish them anachronistic afore they alike leave the gate.
But one crypto activity is aggravating article a little different. Junto, launched by the Junto Foundation, is aggravating to actualize a altered affectionate of amusing media: one after ads, ratings, censorship or profiteering. And best of all, if you’re accepting annoyed of a assertive three-letter acronym (I’m cerebration of FUD), Junto won’t accept any account tokens or army sale.
Instead, Junto is based on Holo (HOT), a broadcast peer-to-peer agreement that’s distinctively advised for decentralized applications. But don’t accomplish the aberration of calling it a blockchain: Holo is a different beast entirely. It scales endlessly, acceptance peer-to-peer applications after the banned of mining.
“[Holo] enables hosts to serve as proxies for added users,” wrote Eric Yang, one of the five-person aggregate that founded Junto in 2024, in an email to Crypto Briefing. “This makes broadcast applications attainable to the boilerplate after any added abstruse know-how.”
Instead of accepting to pay for admission with a zero-liquidity account token, all fees will be paid in HOT. “ The appliance provider (Junto in this case) is the one that pays these hosts the Holo cryptocurrency to accomplish their services,” Yang explains, “so there are no user acquaintance bottlenecks. Moreover, Junto itself is not arising a cryptocurrency.”
Another way of funding
But developing decentralized systems doesn’t pay for itself, and that’s area Junto hopes some of its supporters will accessible their pocketbooks. Instead of ablution with a badge sale, Junto’s creators are aggravating to accession $100,000 with a Kickstarter.
“We accept how banking incentives can drive adoption,” Junto says in its Kickstarter page, “[but] we appetite to body our belvedere on a altered set of values. Having anniversary announcement be angry to a budgetary amount would acceptable bolster the over-analysis, addictive qualities, and brainy bloom apropos produced by absolute platforms.”
While creators will be able to accept payments for content, the developers themselves are not arcade for Lambos. Instead, according to their Kickstarter page, they achievement to sustain acquirement from donations, subscriptions, or fees on creators’ content.
That’s easier said than done, and Junto’s kickstarter is at about a third of its allotment goals. An added $57,000 accept been apprenticed by Junto’s supporters, bringing the ambition aural reach.
But, alike if Junto fails to get off the runway, it could announce an aboriginal movement appear a new archetypal for broadcast ecosystems: one that does not crave a different blockchain badge to admission anniversary and every broadcast application, and for which admission is accessible rather than closed.
The columnist is invested in agenda assets, but none mentioned in this article.
