Opportunities
Creation of Needed Web3 Applications, Not Otherwise Possible
One of the core challenges addressed by SlamNet is the pervasive underutilization and under monetization of enriched, proprietary data. Current systems fail to fully harness the potential of this valuable resource, limiting the opportunities for data owners and depriving markets of applications they need to thrive.
SlamNet solves this by combining blockchain technology with the network effects of its wide-reaching ecosystem. This allows a community of creators to build upon the pipeline of data needed to fuel commercial and financial applications craved by web3 - and fully reward data owners who license their warehouses to the network.
On-Chain Accessibility of Enriched Data Pipelines
One of the standout features of the SlamNet ecosystem will be the introduction of SlamChain, a revolutionary concept that facilitates gas-free feeding of enriched data onto a community-governed blockchain.
By letting the community govern what off-chain data it most desires to be accessible by on-chain applications, this curated approach ensures that only impactful data is stored and removes the gas fee barrier preventing many off-chain data systems from being accessible on-chain through traditional oracles.
This innovation enables the community to develop and deploy applications (especially in DeFi) that were previously deemed financially infeasible.
Ability to Fairly License Enriched, Proprietary Data
SlamChain will introduce a pioneering model for data providers like CryptoSlam to monetize their assets through licensing governed by smart contracts. This model allows data providers to extract license fees from transactions utilizing their data, with the fee size directly proportional to the amount of the transaction (which can be very large), rather than simply the amount of data accessed (which can be very small for the same transaction).
By providing this new revenue stream for data providers, SlamChain incentivizes off-chain providers to migrate on-chain and power revolutionary applications built by our community of developers that aren't possible on any other blockchain network.
Access to Scalable, Non-Fragmented Web3 Data For Developers
The introduction of SlamLink will serve as the pipeline fueling any application that requires web3 data - whether it be raw, decoded or fully-enriched. This enables the creation of innovative applications that leverage trusted, comprehensive data feeds and significantly enhancing the scalability and utility of these applications.
This includes user-friendly, provisioned access to raw data directly from any blockchain node; decoded data such as exchange rates, NFT sales or token swaps; enriched aggregated data; or web3 data that originates off-chain, such as NFT marketplace floor prices or metaverse user activity statistics.
A Community-Driven, Data-Powered Voice for Web3
SlamX is the solution for the fragmentation, underexposure and potential bias of web3 media content.
Traditional platforms limit the visibility, monetization and access of current and potential web3 creators, stifling innovation and community engagement.
SlamX addresses this by providing a community-governed platform for web3 personalities, web3 authors and web3 data engineers who leverage AI to report on stories happening on-chain. It not only boosts the visibility of creators but also enhances their ability to monetize content and applications directly through the SlamNet ecosystem.
The symbiotic relationship between SlamNet's comprehensive data pipeline and SlamX's wide-reaching network of creators give web3 a community-driven, data-powered voice that communicates its narratives to the entire world.
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