Solana should host the next generation of self-improvement apps 

We finally have the tools to stop wallowing — and do something — as our industry’s innovations are reduced to gimmicks and get-rich-quick schemes

OPINION
article-image

Akif CUBUK/Shutterstock modified by Blockworks

share

This cycle’s big innovation probably isn’t memecoins, because they don’t actually solve any real problems. In fact, memecoins might be the culmination of all the bad behavior in crypto that has come before — the final boss of anti-utility. 

Because memecoins, for the most part, make no grand promises. They exist simply to exist, rewarding risky behavior justified only by the one-in-a-million chance of a moonshot. 

But there is one problem this market cycle might finally solve: rewarding self-improvement and the positive impact we make on the world.

We’re already seeing some of this self-improvement in action. 

Move-to-earn apps like STEPN, Walken and Genopets incentivize people to live active lifestyles — effectively paying users to be healthy. But the concept can go far beyond that use case. Imagine a world where people are rewarded for their role in reducing and recycling single-use materials. That’s exactly what IBM’s Plastic Bank initiative has been working towards. Launched in 2019, Plastic Bank provides tokens as a reward for collecting and recycling plastic waste.

Picture being rewarded for maintaining a healthy diet, or for completing your yearly medical check-ins. What if we incentivized intelligence by rewarding people who teach themselves new subjects and skills, and then used their verifiable subject matter expertise to weight their voting power within applicable on-chain governance mechanisms? When was the last time you volunteered at your local homeless shelter? What if you received reputation-based attestations for your charitable work, and that in turn translated into higher on-chain yield and status? 

None of this has ever really been possible before, because how would you track it? But now, blockchain has solved the issue of accurate, transparent record-keeping. 

Why haven’t we seen more work on utilities like these being done in the 15 years since blockchain’s inception, and why is it different now? 

Well, the problem is twofold. Firstly, it’s an issue of scalability. Blockchains have historically struggled with transaction throughput and high fees, making real-time tracking of behaviors and attestations impractical. 

This is where Solana can come into play. At long last, we have a user-friendly blockchain that’s lightning fast and dirt cheap, making it a viable platform for these types of applications.

With that problem solved, there’s still at least one more battle we need to fight: Persistent identity management and the prevention of sybil attacks. These occur when bad actors create multiple fake accounts and use them to exploit the sorts of systems we’re talking about to unfairly maximize their gains.

Developers are attempting to fix this by implementing proof-of-humanity and persistent identity systems. Proof-of-humanity involves verifying that each participant is a unique human being, typically through methods such as biometric data and social proofs. Persistent identities, meanwhile, are digital identities that remain consistent over time and across different platforms, making it difficult for bad actors to create multiple fake identities. 

The people working on this problem believe that it would reduce the number of bad actors over time if users were made to use persistent IDs to participate in rewards schemas. Under such a system, networks would only need to catch someone cheating once and simply ban the offender. Users would not be able to get around these bans by infinitely creating additional accounts, making the risk of bad behavior higher than the reward. Bans might be temporary, or they might be permanent. 

Either way, the result is that platforms train participant behavior by rewarding the good and excommunicating the bad.

This is similar to what solutions like Worldcoin — with its biometric ID system, currently operational on Optimism and Ethereum​ — are looking to achieve. But it’s certainly not alone in the race to solve this problem. Competing projects like the Galactica Network have chosen to take a more decentralized approach to self-sovereign identity management and digital citizenship​​. And Solana developers have a few digital ID solutions of their own in the works as well. For instance, Identity.com is a user-first identity platform that integrated with Solana back in 2021.

Read more from our opinion section: Web3 doesn’t need flashy — it needs functional

Social maintenance has long seemed like an unsolvable problem. But because of the fidelity of efficient networks like Solana, this may finally be possible. If that is true, it could mean that we no longer have to accept the reputational damage that comes from the high-profile actions of bad actors, or wallow as our industry’s innovations are reduced to gimmicks and get-rich-quick schemes. 

Self-executing systems that reward individual positive impact are the true promise of blockchain technology — and they are finally within our grasp.



Start your day with top crypto insights from David Canellis and Katherine Ross. Subscribe to the Empire newsletter.

Explore the growing intersection between crypto, macroeconomics, policy and finance with Ben Strack, Casey Wagner and Felix Jauvin. Subscribe to the Forward Guidance newsletter.

Get alpha directly in your inbox with the 0xResearch newsletter — market highlights, charts, degen trade ideas, governance updates, and more.

The Lightspeed newsletter is all things Solana, in your inbox, every day. Subscribe to daily Solana news from Jack Kubinec and Jeff Albus.

Tags

Upcoming Events

Javits Center North | 445 11th Ave

Tues - Thurs, March 18 - 20, 2025

Blockworks’ Digital Asset Summit (DAS) will feature conversations between the builders, allocators, and legislators who will shape the trajectory of the digital asset ecosystem in the US and abroad.

recent research

Unlocked by Template.jpg

Research

The BitcoinOS team is the first to have developed and posted a ZK-compressed proof on the Bitcoin network. Other proof verification efforts have been limited to the Signet or testnet deployments. Their work has resulted in the development of BitSNARK, a software library for ZK-compressed fraud proofs on the Bitcoin network. The project aims to provide a horizontal scaling solution, offering a one-stop shop for teams interested in developing a rollup on Bitcoin. This approach shares similarities with the horizontal tech stack scaling in other ecosystems like Cosmos and Optimism, particularly in its focus on simplified verification, bridging standards, and lightweight interoperability.

/

article-image

A16z’s State of Crypto report shows that DeFi has the largest number of daily active addresses, with stablecoins following closely behind

article-image

G2 is delivering real-world performance breakthroughs at 50-100 Mgas/s, Conduit says

article-image

World Liberty Financial’s token sale debuted just as an absurd AI-fueled memecoin captured crypto’s attention

article-image

Coinbase hired History Associates in 2023 to assist in retrieving records from the SEC and FDIC

article-image

Hours after pledging to support Black men’s rights to safely invest in crypto, VP Harris’s Monday night speech mentioned blockchain zero times