Decentralization, Steem, and the Ultimate Console
An idea for an SMT acting as a crowd sale to build the most powerful video game console ever built. The console should work with Steem but also any other blockchain. The Abyss recently launched an ICO which easily raised over $8 million in around 48 hours. I have seen ICOs raise over a billion dollars (just look at EOS), or hundreds of millions (look at Tezos). In my opinion these kinds of ICOs are just the tip of the iceberg. It may be possible to create the ultimate video game console in terms of technical specification, which has complete and total integration with TheAbyss and all similar gaming platforms. This sort of hardware in my opinion could take Steem, crypto, and all related projects into the living rooms.
What do you think about this idea? Is it good or bad? What sort of specs would this sort of console require in your opinion? What would be sufficient? In my opinion the most powerful console that can be built, which has social media features and ability to connect to any blockchain technology.
- An open hardware specification will have to be created first. How will we create such a specification?
- Would such hardware benefit from hardware level cryptographic chips?
- What CPU architecture makes the most sense?
- How much ram should it have and should it have any internal storage?
The strategic element rests in the synergies below:
- Crypto creates demand for GPUs just to mine the tokens. This means the demand for the GPUs for the console could be built into the blockchain itself which means producing new GPUs could be fueled in a similar way to how mining in general evolves a market in crypto. This is of course in theory.
- Crypto has some of the most talented programmers and engineers in the world. Why not leverage that talent in the gaming industry? This means the supply of talent is probably there.
- Crypto has lots of gamers who would want to get paid in crypto to play games and who would pay in crypto for new games. This means the demand for the games is also likely to be there.