DLease Goes Live And Opens Up Many PossibilitiessteemCreated with Sketch.

in #busy5 years ago

@buildteam put together a project that just went live, @dlease. This is a leasing platform for digital assets. At this time, STEEM is the only asset listed but it did get me thinking about the possibilities.

Leasing Steem Power carries with it varying views. Some believe in the idea of earning passive income. Others, however, detest the idea of leasing SP to newer users especially at rates that are seen on here. To them, it amounts to usury.

I can understand both arguments and will leave that for another day. What I do want to focus upon is the opportunity this platform is establishing and the possibilities it is presenting.

Steem Power is the main vehicle for activity on the blockchain. Since it is associated with Resource Credits, every SP entitles one to a certain amount of activity. Networks carry a finite amount of capacity and Resource Credits are a means of determining the value of each transaction. Essentially, it provides a value to what one can expect to "pay" to use the network.

The debate thus far pertaining to leasing is surrounding individuals leasing out SP to smaller accounts to earn a return. At times, the newbies earn more than their agreement but not necessarily so. The challenge with this focus is that it misses the fact that Steem is changing. As we see growth, we are going to see a different sort of participant.

Steem will get into commerce at some point. @steemhunt is working hard at drawing the attention of technology product makers as a way to promote their ideas and products. For those companies to do so, SP is going to be required to transact. Engaging with the community via posts and comments requires SP.

This is where leasing can come in.

The odds are many of these companies are not going to be active, long-term participants on Steem like individuals are. To them, it is a marketing vehicle. Because of this, they want to achieve their end for that project and move on. The idea of them investing long-term in STEEM does not likely.

Leasing provides them the vehicle to operate on whatever time frame they desire. At the end of that period, they will conduct their evaluation as to the benefit of using Steem. If successful, it would make sense to continue or introduce new programs.

DLease offers this ability.

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OF course, this thinking is still focusing upon STEEM. What about other tokens? We are starting to see the number of tokens tied to applications growing. People are starting to amass many different tokens. This could have value in a leasing market especially if different digital assets find their way onto DLease.

For example, let us say I have some CLEAN tokens that I got for cleaning up my neighborhood. If I am involved in Steem Monsters, perhaps I want to improve my strength for a fight. Thus, I offer out my CLEAN on lease, knowing I will get a particular return which I then can use to lease a particular card for my Steem Monster battles.

What if an application wanted to run a specific project? Perhaps they are sponsoring some event or doing a promotion for, say, the Super Bowl. The application could enhance its stake by leasing tokens from DLease for that specific project. As we see the upvote economy grow, this could be very valuable.

On their site, DLease put together a comparison of leasing out tokens compared to real estate. When you think about it, this is not an outrageous thought process. As I mentioned, STEEM essentially is tied to "digital real estate" in that it gives one a certain amount of usage on the network. That has value.

In addition, digital assets are going to be just as valuable in the future as physical ones. With the emergence of virtual reality, especially tied to gaming, we will see digital assets growing. The idea of turning these assets into a passive income center will appeal to many people.

https://dlease.bt-stage.com/faq/dlease-realestate

dlease.png

https://dlease.io/

I like to look at newer projects through the prism of where I believe the world of crypto-economics is going. When I think about what Steem will look like in 5 years, where does something like DLease fit into that? How does the ability to enter with few assets yet acquire "power" and begin interacting play out?

We all know that the banking sector is at the core of our present economy. One of the drawbacks to the system we are in is that there are a lot of non-liquid assets just sitting around. Turning them into performing ones is a major boost to the overall economic activity. This is where the digital realm excels. Everything is liquid at its core. The only question is the liquidity of the market surrounding that asset.

As I wrote about last night, looking at technologies in terms of the first generation disruption only tells a part of the story. Go out two or three generations to see where the real power is. Leasing out SP is the first generation idea of DLease. However, the real power resides in the disruption that comes from the second and third layers.

Who knows, maybe we will someday be leasing virtual office space on DLease instead of going to a realtor for some physical space.

To read the full write up by @dlease:

https://steemit.com/introduceyourself/@dlease/introducing-dlease-io-a-digital-asset-leasing-platform-for-the-masses


If you found this article informative, please give an upvote and resteem.

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I have checked it out and i can say i love it. It is just that i would have love the layout at the place where the steem power is been leased to be made simple like the minnowbooster.net layout. I did not like the way at which i need to next and next or previous and previous.

But the dlease.io is a great one i must say and surely a hright future await it

Sure we are busy working on making the lease creation flow work with less back and forth.

I havent checked it out yet but how is dlease currently different than minnowbooster?

I understand dlease long term is going to be more encompassing as its going to allow of leasing of more digital assets just making sure Im not missing anything.

Posted using Partiko Android

I think this is the update for minnowbooster.

On the website it says "Powered by Minnowbooster".

I am not sure if this is a replacement or an offspring.

@gniksivart @taskmaster4450 DLease is a replacement for MinnowBooster which is aimed at external investors and companies who need Steem resources to kickstart projects as you rightfully pointed out. It is a professional site which is quite different from the quirky and fun MinnowBooster brand, we urge users to use DLease going forward and help us battle test it. Until further notice however MinnowBooster will run side by side.

Yes we would eventually allow leasing of SMT’s and such tokens when feasibly possible.

Sounds interesting. I guess this will only work with non-liquid assets like SP? Is the idea that in the future SMTs will usually have a non-liquid asset?

SMT’s will operate exactly the same with a vesting component as far as I am led to believe.

I'm waiting for RC only delegations. I thought there where plana before H20 to establish a RC Market what happened to that idea?
I would love to giveaway my RC that I don't use. Hopefully blocktrades will pick up on that.

Posted using Partiko Android

There was talk about a RC credits separation but I don't think it will come soon, Steemit inc have yet to release SMT's first.

That would be something I would be interesting in leasing for sure. I do not use even close to all my RC on my main account, which is not really being used right now.

Thanks for sharing.

@taskmaster4450 thanks for this fantastic post discussing the potential of DLease to kickstart the Steem economy. You are one of the few people that have picked up on the Real Estate comparison, which is a great selling point for the external market. We have a conservative budget to do some external market promotion and would like to collaborate with you to adapt your post for media editorials and press releases.

I also feel your professional writing style could be utilised further in DLease and other product announcements and communications.

If you are open to it please DM me on Discord, thecryptodrive#8144

I wonder if this could even compete with the upcoming Steem Monster Card delegation? That is a digital asset already on thr blockchain that could bring potential to broaden its market! Love the way this team continues to broaden its reach throughout the ecosystem!

Posted using Partiko iOS

We are heavily considering integrating a card delegation market, our concern is how popular would it be and whether it would be profitable, there will be significant dev overhead to do it.

To listen to the audio version of this article click on the play image.

Brought to you by @tts. If you find it useful please consider upvoting this reply.

Well thought out and written. Thanks!

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