Robo is at the centre of this as the token that makes it all work,fees for using the network payments for tasks putting up tokens to show you are serious deciding how the network works. The token is not just for show. It's necessary for the economy to work. Just like any other economy needs a unit of account and a way to make trades. The difference is that the machines are the ones doing the transactions ,not people.
What makes Fabrics approach different is the way they think about identities,Most blockchain projects just use address. Do not know who is behind them. Fabrics design is detailed. Identities on the blockchain that show what machines can do what they have done and how well they have done it. Not just "this address made a transaction." This machine did these task at this level over this time. "
That makes a difference for the machine economy to work. A company that sends out robots to deliver things needs to know which robots are good at their jobs before giving them tasks. An insurance company that covers robots needs to know how the behave to decide how much to charge. A developer who builds on the network needs to know which machines are trustworthy. Non of that is possible with addresses. All of it is possible with identities that can be verified.
The honest argument against this is that it's going to take time. The robotics industry moves slowly not fast as the token market. Real robots that can work on their own and make a lot of transactions on the blockchain are still years away from being common.There are not robots working in the real world right now. The gap between what is actually happening is big enough to cause a lot of ups and downs.
Fabrics plan stays this directly than trying to hide it. The main network is not coming until after 2026. The group of people who verify transactions is still being put together. The applications that will use the network. Marketplace for skills,electricity and data. Are still in the early stages. This is a project that is still being built not one that is pretending to be finished.
It's like the days of the Internet. The protocol that makes the Internet work was years before people started using it. The people
invented in it and were patient were rewards. The people who wanted to make money away were disappointed.
Whether Fabrics is,in the position we do not know yet. The argument that machine will need a Decentralized way to identify themselves and make transactions as they become more common. That argument makes sense no matter if Fabrics is the one to do it.The question is whether they can do it and when.
What i keep thinking about is how honest they are being. A project that tells you clearly.
What they have and what they do not what works and what is still an idea,What is built and what is still being made. That project is asking you to be patient not to believe what they say.
In this market being patient is the thing need to do everyone.