Haven Protocol's XHV - the Digital Means of Production
innovationtraveler.substack.com
Somewhere in 2020 I first read about this innovative project called Haven Protocol. I wanted to write down my thoughts about Haven Protocol and its XHV, so I did. I hope you enjoy! :) TL;DR If the number of use cases for Haven Protocol’s xAssets increases over the coming years, it is very likely that the demand for xAssets will increase too. The combined value of all currently existing xAssets is only around USD 1m, this means a lot of new xAssets will have to be produced to meet the increased demand while simultaneously there will probably be fewer and fewer reasons to convert xAssets back to XHV. And as burning the supply of XHV is the only way to produce (mint) new xAssets, XHV has a high chance of becoming a very scarce digital resource in the new category of digital assets-means of production and thus offers enormous price-growth potential.
Haven Protocol's XHV - the Digital Means of Production
Haven Protocol's XHV - the Digital Means of…
Haven Protocol's XHV - the Digital Means of Production
Somewhere in 2020 I first read about this innovative project called Haven Protocol. I wanted to write down my thoughts about Haven Protocol and its XHV, so I did. I hope you enjoy! :) TL;DR If the number of use cases for Haven Protocol’s xAssets increases over the coming years, it is very likely that the demand for xAssets will increase too. The combined value of all currently existing xAssets is only around USD 1m, this means a lot of new xAssets will have to be produced to meet the increased demand while simultaneously there will probably be fewer and fewer reasons to convert xAssets back to XHV. And as burning the supply of XHV is the only way to produce (mint) new xAssets, XHV has a high chance of becoming a very scarce digital resource in the new category of digital assets-means of production and thus offers enormous price-growth potential.