after Louis Vuitton drops exclusive skin with LOL last year, Burberry will partner with the biggest Chinese MOBA Honor of Kings (王者荣耀) for skin drops too

Top luxury brands join the game of digital items riding on the waves of zoomers’ consumer behavioral change ...
... this won’t be imaginable for boomers or even for many millennials

My younger brother (20) can casually spent 10k+ on virtual items in games but has no interest in buying expensive outfits

Core assets driving consumerism change from generation to generation
this is what Burberry posted on their Weibo for its skin sketch for 王者荣耀 (tbh pretty dope)

and my brother and his friends already plan fo ape regardlessly of the price

“This is a must have” he said
Cc @DIGITALAX_ and @emmajane1313

It’s a good validation of how IP and scarcity of in game items drive value. And the question is how to commoditize the creation of such economy for all designers, top brands and indie
slowly but surely 🤗 @0xrafi has a great thread on the “Skin in the game” platform @DIGITALAX_ is building

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More from @DoveyWan

7 Mar
很多Bitcoiner都是“自我觉醒者”,不是从业者也不是什么极客,可能和计算机领域都不沾边。但是就是一些阴错阳差入了兔子洞。自我觉醒者们其实往往比所谓的“从业者” 有更加深刻的认知和坚持,大多都是在周围没人指导,也没人支持的甚至讨论的人都没有的情况下一路走下来的。

1/
所以之前Balajis说的这个很对,也是比特币和其他的互联网原生技术最大的差异:要弄懂Javascript不需要对人类历史有了解,但是要弄懂比特币却需要。所以早期的比特币玩家不仅仅是极客,更多是哲学家+极客。很多后来的“自我觉醒者” 往往没有技术或者计算机背景,但是对人类社会的发展和人性有足够的认识
国内一位圈内好友经常说:比特币是一种生活方式,一点儿都没错:从小来看比特币代表的是一种节制不泛滥、站在消费主义另一端的生活方式,其本质其实是在技术自由主义思潮下的一个分支。”Money” 这个人类创造出来最影响深远的符号之一,可以算得上是“Cosmogram”级别。

3/
Read 5 tweets
26 Sep 20
The hacker who hacked Kucoin apparently is a Defi noob, tried to sell on Binance and didn’t swap the tainted USDT on Curve 🤷🏻‍♀️

All Defi infra are natural mixers with ultra low slippage
The best route for USDT is

1. Swap $USDT to $DAI on @CurveFinance

2. Swap half $DAI to $ETH on @UniswapProtocol

3. Add ETH/DAI liquidity on Uniswap to mine $UNI till infinity
Not the mixer mixer but you get my point

If really want to mix, @TornadoCash is there to help (worse liquidity tho)
Read 6 tweets
25 Sep 20
Hmm this is an interesting propaganda vibe from CCP’s official media outlets as “参考消息”, Xinhua and CCTV2

the headline “cryptoasset is the best performing asset YTD” was featured on all avenues, news paper, online media and TV

It’s rare for such a coordinated effort ImageImageImageImage
It’s hard to read to read it’s real intent. As crypto asset is contrary to its ever increasing tightening control over fx exchange at the retail level

Rolling out DCEP won’t need such narrative planting as well

🤔🤔
FYI 参考消息 is official media outlet with longest history under CCP, initially served as a news aggregator for CCP internal use only

before the open and reform policy, it’s the only way for Chinese public knows what’s going on in the outside world

en.m.wikipedia.org/wiki/Reference…
Read 5 tweets
18 Sep 20
Many on CT who did not buy into the ICO ($HT and also did a massive airdrop back in the days) now have a free piece of Uniswap but dump it for non productive asset like iPhone/Xbox etc which will immediately depreciate once you own it

SMH
There are VERY few productive assets in crypto space

Most only got a P/M ratio (price per meme) instead of P/E

+ @UniswapProtocol operational efficiency is an order of magnitude higher than Binance and Coinbase

Let that sink in
Tbh it’s a more superior type of asset than normal exchange token where you rely on the team’s integrity to keep realizing token holders’ right, and u have NO say into future token economic (ie. Huobi launched a bunch other tokens after which largely dilutes its value ...
Read 4 tweets
14 Sep 20
Sold over 10k at $5

😭😭😭 wakes up found its at $60??? Isn’t this green coin???
PiCkle nOt hEAlthy
And they said farming life is simple 😭😭😭 Image
Read 4 tweets
11 Sep 20
expect CZ to defend Cefi in terms of cost, usability, user familiarity, control for fund loss etc .. but the 2 advantages in the thread are really misleading. Debunk

1. Exchange is incentivized to maintain pumpability of coins it list hence its users are willing to stay
Pumpability may come from good vetting or fundamentals, but for most exchange IEO it has become a self-filling prophecy as “Binance will pump my bag” in reality is a crowd based reflexive trading pattern

Usually based on its past track record of “pumping IEO”
2. In Defi .. pools of capital can do same without central authority and fund custody

what’s most important, users can only expose to asset they want to hold long term instead of rushing market buy BNB driven by event, reduces allocation friction/portfolio shift
Read 4 tweets

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