No one could have predicted that the price of EOS RAM would increase more than eight times the original price. There is a limited supply of RAM increases it's value especially since it is essential to operate dApps on EOS. The price increase has sparked numerous debates and market speculation. This reminds us how valuable network resources are. The Blockchain world brings network resources in a more evident way. CPU, Bandwidth, storage are the three fundamental producing tools of the modern day.
Crypto Briefing shared an interesting analogy to describe EOS RAM. “Your town just decided to introduce fiber-optic Internet access. After deliberations and town halls, and careful planning by engineers, the community agrees to buy miles of cable for installation. Then, just as the Mayor is about to sign the contract, members of the town council and chamber of commerce buy up every inch of fiber – and sell it back to the public at a massive premium.” When the community finds a market to trade limited resources, it is inevitable of initial hype.
Recently, BM proposed an EOS Resource Renting & Rent Distribution. They believe that by creating a rental market, it could potentially decrease the capital cost for CPU and NET. Nevertheless, the RAM, CPU, and NET are necessary not only for the EOS network but also for the whole industry. Afterall, it is limited resources, and slow improvements are being made.
Network resources should be tradable, not only for a blockchain network but also for all network resources. This is a market requirement and technology has been developed. For example, WinQ (www.winq.net) has successfully developed a marketplace to share network bandwidth. The dApp allows users to sell and purchase VPN resources. This is another step forward in the world of crypto, through which anonymity is being further secured.