Like most people, I was initially attracted to Byteball because they were giving away free tokens. In case you haven't heard, they are doing an airdrop of free tokens to Steemians. If you have a Steem account with reputation 30 or above, you can get free Byteball tokens just by following these instructions!
So far there seems to be really good synergy between the two projects. Both projects are looking to "bring crypto adoption to the masses" albeit through different means. Byteball is looking to make the use and adoption of blockchain "smart contracts" as easy as using a cell phone app.
I have been impressed with how well they have integrated with the Steem community so far, and happy to see the Steem blockchain becoming more widely used in the cryptocurrency community.
Most people who have received their free tokens via the airdrop have probably done one of two things with them: cash them out via an exchange, or HODL (hold onto them and hope they go up in value).
In this post I want to explore a few other things that you can do with Byteball.
(1) Sports betting. This can be found in the Byteball wallet under the Chat > Bot Store > Sports betting bot menu.
(2) Purchase insurance against flight delays using a built in smart contract system. This can be found in the Byteball wallet under the Chat > Bot Store > Flight delay insurance menu.
(3) Bet on a prediction market whether cryptocurrency tokens will go up or down at BinaryBalls.com. (Here is a brief tutorial video).
(4) Provably fair Luckybytes Lottery. This can be found in the Byteball wallet under the Chat > Bot Store > Luckybytes Lottery menu.
(5) They also have a platform to run ICOs and launch new assets.
(6) You can 'donate' your devices spare computing power to help scientists solve health and sustainability programs. By doing so, you can earn daily rewards for your contribution to the "World Community Grid" computations. This can be found in the Byteball wallet under the Chat > Bot Store > World Community Grid menu.
(7) Play a text-based multi-user dungeon (MUD) game that uses provably fair gambling. This can be found in the Byteball wallet under the Chat > Bot Store > Slice&Dice MUD menu.
As the Byteballs platform continues to grow in popularity, it will likely attract more developers to build even more apps. I look forward to seeing what cool new things they build, as well as new possibilities for our two communities (Byteballs and Steem) to interact.
If you don't have the Byteball wallet yet, you can download it here.