How to directly monetize crypto UX

1) Build a frontend to a smart contract
2) Add transaction buttons
3) Add a small convenience-fee-taking intermediary contract
4) Route all transactions through that

Now you& #39;ve directly priced the value-add of your user interface.
Of course it& #39;s possible for people to try to fork that user interface, or clone it, like Sushiswap, so you need to remain one step ahead.

This is related to some previous thinking on SaaS-for-Gas business models, as well as conversations with @surojit. https://twitter.com/balajis/status/1091403730900082689">https://twitter.com/balajis/s...
Also, this works not just for smart contracts but for blockchains and decentralized backends in general.

Block explorers are the multibillion dollar v1, yet still under-appreciated. Anyone can now build a frontend when the backend is open state. https://twitter.com/balajis/status/1046298789433171968">https://twitter.com/balajis/s...
You can follow @balajis.
Tip: mention @twtextapp on a Twitter thread with the keyword “unroll” to get a link to it.

Latest Threads Unrolled: