The distribution of systems is a growing trend, not just in crypto, but in the broader tech industry.

Edge computing is dispersing data centers.

Agtech is enabling more localized and urbanized production.

The distribution of GPS – a vital technology – is less discussed. 👇🏻 Image
1/The U.S Department of Homeland Security designates 16 critical infrastructure sectors whose assets, systems, and networks – whether physical or virtual – are considered so vital to the U.S.

GPS which relies on satellites underpins 14 of these sectors.
messari.io/article/how-fo…
2/ GPS is relied on for more than just location data.

All GPS clocks are synchronized to within nanoseconds and are able to provide a unified reliable time.

GPS time is used for crucial processes like bouncing calls between cell towers and time-stamp financial trades.
3/ However, GPS has tradeoffs. The ease of access also makes GPS easily exploited, jammed, or spoofed – the act of using malicious software to broadcast phony signals and fool receivers.

GPS spoofing can affect everything from credit card processors to drones.
4/ The Foam protocol – developed by Foamspace – provides the tools to enable a crowdsourced map and decentralized location services.

Unlike GPS which runs via satellites, Foam combines terrestrial radios and an incentivized mapping service that anyone can participate in. Foam Map of verified locati...
5/ Foam’s proof of location service is incredibly audacious since it requires both a hardware component and the emergence of greater blockchain scalability. While Foam is still experimenting with its hardware devices, the protocol has made some exciting progress in recent months. Image
6/ Check out the full analysis for the latest on Foam, a breakdown of Foam’s Proof of Location services, and more on how Foam aims to become an alternative to GPS.
messari.io/article/how-fo…

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Mason Nystrom

Mason Nystrom Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @masonnystrom

21 Dec
Crypto-native indices transform the design space for indices from a 1-dimensional space consisting of just asset exposure, to a multi-dimensional space consisting of meta-governance and fund management strategies.

This design sets the stage for the evolution of index protocols.
In traditional finance constructing an index is a one-dimensional design space consisting of just asset exposure (i.e what assets are in the index).

Additionally, Index managers like Vanguard historically abstain from voting.
The three axes are as follows:

1. Asset returns – price appreciation from assets

2. Fund management strategies – active yield generated by allocating index assets to other protocols

3. Metagovernance – voting in protocols with assets in indices
Read 7 tweets
7 Dec
Cryptonetworks inherently enable more efficient markets.

While much of crypto is focused on finance, there are startups tackling larger issues such as climate change.

Nori is using crypto primitives to create a more efficient carbon market for CO2 removal.

A thread 🧵
Tackling the problems associated with climate change will be one of – if not the largest – issue that the current generation faces over the coming decades.

The secondary effects of climate change are staggering. Mass migration. Decreased biodiversity. The list goes on.
Carbon emissions mitigation will not be sufficient. The focus must shift toward carbon sequestration – removing CO2 from the atmosphere.

Nori is developing a carbon removal marketplace that facilitates the trading of carbon offsets.
messari.io/article/nori-a…
Read 6 tweets
10 Nov
A Short Story on Art and the Parallels to Crypto NFT and Digital Art Investing 👇🏻
messari.io/article/the-ps…
I’ve recently been reading Morgan Housel’s new book “The Psychology of Money” which outlines various lessons on finance through captivating stories. One story is that of Heinz Berggreun, a German immigrant who arrived in the U.S after fleeing Nazi Germany.
Eventually, Berggreun became an Art Director at the San Francisco Museum of Modern art and an art dealer whose collection included Picasso, Braque, Klee, Giacometti, Matisse, and others. Towards the end of his life, his collection was valued at over a billion dollars.
Read 6 tweets
26 Oct
Last week Polychain bought 329 $YFI which equates to 1.1% of the total supply.

Yesterday, Three Arrows Capital purchased 133 $YFI (.45% of total supply).

Investing like your favorite investment fund has never been easier. View both of these fund's liquid portfolios below!
Updated Polychain Capital Liquid Portfolio Screener:
messari.io/screener/polyc…
Updated Three Arrows Capital Portfolio Screener:
messari.io/screener/three…
Read 4 tweets
20 Oct
In the world of Web3, Q3 2020 was defined by the growth of non-fungible tokens (NFTs) and the rise of community tokens.

Here's what you missed in Q3 and what you need to know going forward.👇🏻
Read the full Web3 Q3’20 report to learn about the various themes of this quarter including:

• The insane market growth of NFTs
• Culture investing
• Rise of community tokens
• Investable NFT categories
• Franchise tokens

Much more in the report!
messari.io/article/q3-202…
Cumulative lifetime NFT sales volume exceeded $130 million. Beyond the sheer volume of NFTs transacted, one metric is most telling.

The average NFT purchase price increased in Q3, reaching an avg of $161, the highest since the launch of CryptoPunks and Cryptokitties in 2017!
Read 12 tweets
29 Sep
Non-fungible tokens (NFTs) as an investment category are earning broader recognition catalyzed by NFT liquidity mining.

As investors search for venture scale returns in the NFT sector, each category will provide different opportunities and tradeoffs. Thread below 🧵 Image
Investors like @AriDavidPaul, @WhaleShark_Pro, @ianjohnlee, & @jbrukh have shared great insights on the NFT landscape.

I’d like to expand on their mental models with a broad framework for how to categorize NFTs. messari.io/article/the-ar…
1️⃣ Individual NFTs and Collections

Ex: Axies, ENS domains, Trading Cards, Decentraland LAND, digital art

While individual NFTs may accrue notable value based on their utility or scarcity, this may not be the most effective strategy to capitalize on the growth of the NFT sector.
Read 8 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!

Follow Us on Twitter!