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July 14, 2018, 01:10:36 PM |
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I've been spending a couple hours each day delivering tokens on the ETH main chain as part of an Airdrop. The required GAS price to deliver the tokens has ranged from 17 ($0.20) to 93 ($2.32) from over the last 4 days. This wild swing from day to day and hour to hour makes using the ETH main chain for token based projects economically uncertain. Luckily I'm only using ETH to deliver tokens that will be converted to coins on another platform, but does anyone think ETH based projects can survive swings in 1100% increases in costs?
I was just getting ready to deliver 500 airdrops until I saw it would cost $2.32 each to deliver them, when it cost $0.44 each to deliver them yesterday. I'll wait.
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