We all have A LOT of work to do to help ppl understand crypto.

Simplest explanation I’ve found works:

“Imagine if users like you owned the platforms and products they use everyday online...crypto tokens = user ownership.”

- BTC : banks
- ETH : compute
- XYZ : more apps 🔜
@ChrisLyons we gotta do a follow up on the ownership economy
@delane thank you for
starting this up!
Take 2: First own digital gold (BTC), then own a piece of a new digital banking/cloud computing system (ETH), other cryptos enable you to own a piece of the internet products and service you engage with, including creators work (NFTs) and eventually, platforms big as Twitter

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More from @jessewldn

23 Dec 20
NFTs are awesome.

Today I sent a unique, programmatically generated artwork to people who supported me in getting @variantfund off the ground this yr.

A token of appreciation.

artblocks.io/project/5
I worked w @jeffgdavis and @artblocks_io to create the limited series "Variant Plan F01Y20."

A randomized hash string determines a unique layout and color placement which makes each NFT the recipient's own.
I'm personally drawn to on-chain generative art because it feels like a native expression of this new medium, smart contracts.

The community @artblocks_io is all about this, and Jeff really nailed it with something bespoke for @VariantFund
Read 6 tweets
18 Dec 20
@spencernoon has stewarded (and backed) an incredible community of builders by championing data driven insights, and creating venues for builders to do the same through @OurNetwork__
He's done all of this as a solo investor in FL—long before it was cool/the new Silicon Valley—a testament to crypto's decentralized, internet-first culture.
Read 5 tweets
7 Dec 20
NFTs are very early in the irruption-installation phase of Perez' hype cycle.

I'm optimistic they are going to work with mainstream audiences, but what is the wedge?

If I had to guess, it'll play out as follows 👇
1/ Irruption becomes frenzy alongside the backdrop of a crypto bull market. Digital artworks sell for $MMs, grabbing headlines, creator and collector attention.
2/ Developers rush in, building new marketplaces and experiences around issuing, collecting and trading NFTs.

This is clearly happening right now. New marketplaces and subniches are popping up daily. My fav as of late is @artblocks_io for generative art.
Read 8 tweets
7 Dec 20
A few thoughts on @mirror_protocol:

1/ Being able to "invest in whats in the fridge"—brands whose products and services are used or recognized globally—is now globally accessible, as it should be.

Buy $mAMZN, $mTSLA, $mGOOGL from anywhere.
All synthetic assets created on Mirror are "reflected" on Ethereum, tradable via Uniswap:

eth.mirror.finance
So DeFi is happening elsewhere, but assets flow to Ethereum for DEX & composability.

This is early signal that Ethereum's role as the settlement layer in the "layer cake" is solidifying.

Read 6 tweets
3 Dec 20
📢 RFC/POLL: Uniswap Grants Program v0.1

A proposal for funding @UniswapProtocol ecosystem development with grants from the UNI treasury.

Authored by @VariantFund (me) + @nkennethk (EF grants coordinator)

Please comment and/or poll yr feedback!

gov.uniswap.org/t/rfc-uniswap-…
tl;dr

The mission of the UGP is to provide valuable resources to help grow the Uniswap ecosystem.

The plan is to start small by, for example, sponsoring hackathons—but with an eye to growing impact over time (with renewals approved by gov)

Eventually, fund core dev work!
A grants program is a by definition a subjective process — it can't be easily automated.

So we propose a small committee of 6 members—1 lead and 5 reviewers—to deliver an efficient, predictable process to applicants.

Efficiency is a driving principle of this MVP!
Read 6 tweets
1 Dec 20
Minimizing governance is a goal of crypto protocols, but for necessary & subjective inputs/decisions, leadership can be more efficient than voting.

@c_spelliscy & I explored how crypto founders might continue to lead, alongside compliant user ownership.

variant.fund/leadership-in-…
tl;dr

Where a network is sufficiently similar to a cooperative, its possible a team can launch a token and decentralize ownership, while continuing to lead their project—without fear of violating securities regulations.
IANAL and this post does not provide a comprehensive legal analysis.

We are flagging this argument for further consideration in the hopes that crypto teams will consider them with their own counsel :)
Read 15 tweets

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