Analyzing Puss Coin’s Use Cases in Decentralized Applications (dApps)

in PussFi 🐈4 days ago

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Introduction

The world of the crypto have been revolving and will keep evolving also most especially bringing to us an introduction of the Decentralised finance and something called the Decentralised applications. There are a whole lot of niche coins that have rising up which addresses a lot of communities also. Today I will like to talk about our own Steemit coin which is the puss coin.

The Puss Coin having offer a lot of positive solutions beyond the Steemit platform and I strongly believe in years to come will play a very fundamental role in the aspect of dApps. It might not look like it now, but it will definitely in the future. Puss Coin have the whole lot of structures needed to thrive. Examples like the community engagement, the financial incentives and many more. The Diversification of puss coin application is enormous.

Use Cases of Puss Coin in dApps

Let me start by first talking about some of the use cases of puss coin I believe will be needed most especially in the aspect of dApps. The first is the gaming and play to earn models. When checking the roadmap for Puss coin that was published in the community, I discovered that there is the aspect of the coin to be used for gaming purposes in the year 2025. I believe one of the strong cases that Puss coin will drive in the dApp world is in the aspect of Blockchain based gaming.

Not even only in the aspect of the gaming world. I also checked the roadmap and I discovered that one of the aspect to look into in 2025 is the integration of the Puss coin inside the Nft world. This will lead me to discuss about the use case of Puss coin in the aspect of Content Creation and generally NFTs. In the aspect of content creation, a step has already kickstarted and that is in the aspect of the PussFi community but I believe it will grow much more stronger in years to come. I believe it will come to a point whereby creators will be able to sell and buy Nfts using the puss coin as a means of payment.

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Then the last one I will like to talk about is in the aspect of Decentralised finance. Even though it might not be yet fully utilised but I strongly believe it is just a matter of time. I am seeing puss coin been used for staking and yield farming. I believe also very soon, it will be used for peer to peer transaction much more. We will see puss coins being used in the aspect of lending and borrowing and also the aspect of carrying out other financial services.

Challenges and Considerations

There are some challenges or should I say consideration which I believe needs to be looked into. The first is market volatility. As that is something I believe need to be looked into. The first aspect is looking at how the crypto market bleeds in the past few days, it also affect a lot of coin and one is puss coin because it bleeds also. So I believe one of the major challenges is the aspect of market volatility. The value might fluctuate which might discourage investors but I am so sure the puss coin is working towards solving it as it is just a matter of time.

The other challenge I believe need to be looked into is the competition aspect. Like we all know, puss coin is not the only memecoin out there as we have a lot of them out there. Not even only that, the crypto market generally is competitive on its own and I believe that can go a long way to affect Puss coin. Well if it is seen from the positive aspect, it can go a long way to enhance partnership and foster more developments as it were. The last one which I believe is not a major concern is security. I believe with time, it will definitely be settled obviously.

The Future of Puss Coin in dApps

Like I said earlier but let me try to affrim it again, the future of Puss Coin is really bright. I believe the fact that puss coin will be integrated to a lot of Decentralised applications in the future is something so Optimistic to think about and I am so sure it will definitely transform a whole lot of things. We might not there right now but I believe it is just a matter of time.

As the dApp world continues to grow, there will be a usage of puss coin which will go a long way to increase the massive adoption of the coin. We are just kicstarting. The more we are having the application of puss coin increasing, the more we will have more partnerships coming up into the picture as I am so sure of that.

Conclusion

The world is moving really fast as it is very optimistic. Puss coin is really transforming a whole lot of things and it will just continue to get better and better. We are kick-start something bright and the future is bright. I am so happy that I am part of the early adopter for the puss coin.