What if Algorand tried to compete Apple, Microsoft and Google by making an operating system? Algorand could monetize with licenses like Microsoft Windows. Also compete with the Android and iOS by not taking a cut from apps/dapps’ profit. I know Fortnite had issues with Apple’s 30% cut in the app store payment system. Algo could lure apps onto the blockchain, but the hurdle would probably be the coding language.
I dont know all the in’s and out’s of how operating systems work, but that would be a good way to bring blockchain tech into mass adoption. So, maybe, Solana has a good idea with the phone, just not sure if they have the tech to handle it. Algo does though.
Lots of potential for mass adoption and for Algorand to monetize.
The AVM is already a quasi-operating system. It uses the Teal language for its programming. Furthermore, the writing of applications is greatly simplified by the many tools. There are SDKs in different languages, JS, Python (PyTeal), PHP and others.
How do you think Algorand earns?
For the foundation, the only way is transactions.