Archway – Capture The Value You Create!
I know what we are all thinking… “Do we need another L1 project?”
Let me use a little analogy...
L1s are like highways through the middle of nowhere. The only way these highways will see any traffic or usage is if there are gas stations, food stores, malls, etc. Basically, there needs to be “something of value” on these roads, which is another analogy... More
Archway was born with a mission to build a blockchain system that enables developers to capture the value they create for the network. When developers build Dapps to expand the Archway ecosystem, they will receive a percentage of network fees, inflation, and premium rewards. Value Capture Engine Mechanism for Developers:
If Noah were to build something again, it would be this ARCH!
The website alone fills me with energy and enthusiasm. Yes, another launchpad, once again on Layer 1, but the first impression I get from the interface is remarkable. The video they provide is the cherry on the pie, clearly showcasing their values.
It's evident that they're just starting out, with only 398 members on Telegram.... More
Not a fan of these fixed tokenomic release schedule (although most of the tokens are locked for first 12 months). What happen if adoption is slow? Doesn't matter, the release of token are set in stone in the release formula. So, the only way to win is for market adoption to overcome sell pressure.
There are tons of tokens given to everyone for their past work for the past few years. Great, so... More
Archway is a layer-1 blockchain built on the Cosmos ecosystem, utilizing Cosmos SDK, Tendermint, IBC, and CosmWasm with a PoS consensus mechanism. The project recently conducted an ICO on Coinlist in June after announcing successful fundraising of $21 million from CoinFund, Hashed Fund, Blockchain Capital, Wintermute,... Archway's mission is to support the expansion of the Cosmos ecosystem and... More
Let me start by saying this isn't really a Layer-1 project because it's built on the Cosmos Ecosystem, where there are no layers, just different blockchains to interact with. However, that isn't really important.
What's more important is that they see an opportunity for developers to monetize their work on smart contracts, even when they are used by others! This is achieved by giving a share of... More
Their idea is to nurture developers, helping them unleash their full potential and maximize their contributions within the ARCH ecosystem.
The Archway protocol rewards developers based on the usage of each smart contract. This is achieved by distributing... More
This particular L1 possesses a distinctive characteristic that provides it with a competitive advantage, distinguishing itself from numerous other L1 models that are currently in abundance. Namely its benefit is a rewarding system for the developers. Why are they doing this you ask? The answer is this - the blockchain industry requires support of developers and developers need funding.... More
Archway is a new layer-1 blockchain project focused on incentivizing developers through novel tokenomics that reward smart contract creators. Archway distributes 50% of the fees generated by a developer's smart contracts back to the original developer. This incentive aims to attract developers to build dApps on Archway's blockchain infrastructure.
Reviewers responded positively to Archway's... More
I like the concept a lot. Without developers building utility blockchains are nearly useless at this point. Now, economically speaking if you are a dApp developer, and you generate significant income through your own business model, then how much do you actually generate from the Archway reward system? I currently do not have a good measure of how these two revenue streams compare, so if the... More
Archway Project, with its affinity for the color orange and a visually captivating marketing approach, exudes an air of sophistication and professionalism right from the start. The vibrant aesthetics leave a lasting impression and create an expectation of a well-executed venture.
However, upon further exploration, some aspects of the project's website and user experience raise concerns. While... More
Archway ARCHAn incentivized L1 blockchain that allows developers to capture the value their dApps create, enabling sustainable economic models.
