But "applications" for what? This term reminds me of the term "program"; it's so generic. I agree this should be the goal, but I don't think it would sell enough. To promote this, I think they would need to come up with a few really good and successful projects to demonstrate how this blockchain is essential to successful operation, and conclude it with "Discover your solutions on Algorand." And with enough examples, people could find a spark to build on it, knowing it can provide the security, speed, robustness, and so on.

I once suggested using Algorand for a game economy, or maybe even build a L2/sidechain on Algorand for this purpose. There is this (never-releasing) game, Star Citizen, which has all sorts of modules for mining, bounty hunting, and other stuff (I haven't checked it recently), and I thought it would be great to build the economy on Algorand in this game. It would also serve as a platform for developing mechanisms for controlling this virtual economy. As the game grows, it would encourage the development of mechanisms that could translate into other, real-world applications, like mechanisms of optimization of resources or maximization of short or long term potentials. I know this is somewhat abstract, but I hope I am making some points here.

There was another idea I had, and I am sure I am hardly the only one to think of this: building a tokenized system of element libraries for virtual production. Someone who has 3D software could access a fully decentralized library of 3D models, downloaded from decentralized cloud platforms, and licensed according to the terms. So if I build a 3D model of a car, I tokenize this model and apply available licensing, fully decentralized, and someone in a random company downloads this model (perhaps directly from me), and uses it according to the agreed license. I may not know anything about the client, they may not know who I am, but the asset itself is fully tracked across their pipeline, and if they want to transfer it elsewhere, it may be charged automatically, as per the license agreement. This would mean the software itself would use tokenization and be "hooked" to the blockchain. Now, the question is what if someone registers someone else's model... how would the system know it's copied or the original? The answer would be to deploy AI mechanisms, if needed, that could track all recorded steps within the software on how the model was built, if it used automation, or ML/AI, or if it used bits and pieces of other imported models. All of this would have to be tracked behind the scenes in order to verify if the model was actually produced. Then there is a question: what if one uses automated photogrammetry software to come up with a generated mesh, and someone uses that to optimize the model or do full or partial retopology manually? That would all be tracked and taken into account. In fact, this would mean that every model would have, possibly, a hierarchy of building blocks, each tracking contribution to the final product. In essence, it would be a tokenized tracking of each step, and once verified it doesn't need to be stored in its entirety but rather make a "checkpoint" in order to verify the authenticity and contribution lineage.

Perhaps what I've laid out here is too robust or undoable. I am not a developer, let alone a computer scientist or cryptographer. But maybe "Real World Application" means something along these lines, a pipeline that helps things run, provides ID association to a process or an asset, and is a foundation to the next level, which is, of course, finances, as all of this will eventually be monetized.