When do you expect the first real dApp (other than Catalyst and the data marketplace) utilizing the ENG token to be available for use?


#1

by checkfold69

When do you expect the first real dApp (other than Catalyst and the data marketplace) utilizing the ENG token to be available for use? Has there been any promising communication from developers in the community?


#2

Guy Zyskind: „We definitely want to build a strong dApp developer community from day one of protocol launch. There are a couple of verticals that we are heavily investigating with teams already. One is identity and another one is around credit scoring.

The use-case around identity is to enable data privacy in self-sovereign identities. Imagine the following scenario: you need to verify to a dApp that you are over 21 years old, but you don’t want to reveal your birthday. This is a use-case for Enigma Secret Contracts. Another one is around calculating credit score on chain. For example, there’s a smart contract that 3 inputs about you (x1,x2,x3), multiplies them with weights (w1,w2,w3) to calculate your credit score (y). Inputs x1,x2,x3 are likely to be sensitive information one doesn’t wish to share publicly. As stated, we are already in contact with projects who are working on these dApps."