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Topic: Avalanche Subnets, where it will be posible to launch own customized Blockchains (Read 57 times)

member
Activity: 217
Merit: 10
If this gets the attention of developers, this will greatly help Avalanche in terms of stability, popularity, and market growth.  For sure those who will take advantage of this project need Avalance coins to execute transactions and contracts.  This will put demands on the Avalanche market thus pushing the market price up.  It is indeed an innovative and genius move by the Avalanche team.
Yes, some projects have already shown support to Avalanche subnets, announced a launch and some developers have said it is a very interesting technical opportunity because of it's potential.
More subnets will lead to increased interest in Avalanche Coins.
Maybe we will see a list of upcoming subnets soon, when Avalanche does a publication about it.
legendary
Activity: 3010
Merit: 1280
Get $2100 deposit bonuses & 60 FS
If this gets the attention of developers, this will greatly help Avalanche in terms of stability, popularity, and market growth.  For sure those who will take advantage of this project need Avalance coins to execute transactions and contracts.  This will put demands on the Avalanche market thus pushing the market price up.  It is indeed an innovative and genius move by the Avalanche team.
member
Activity: 217
Merit: 10
As a new opportunity similar to DeFi or NFT, we are eagerly looking out for new innovative ideas from Blockchain applications.

And recently, Avalanche announced Subnets! But what are Subnets?

Subnets are unique Blockchains on Avalanche, where people will be able to create own Blockchains based on Avalanche Coins. Just like people can create an Ethereum Token, Subnets on Avalanche are for a whole Blockchain, deriving from Avalanche's Coin. It's Token 2.0 economy and could be huge, when coders can take advantage from it.



Many coins will be used for buliding such applications.

Here is a detailed and technical Article from Avalanche developers, why Subnets are likely to bring a new opportunity like DeFi and NFT’s did: https://medium.com/@demirelo/the-era-of-avalanche-subnets-9e94f377cb65
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