0/ Over the past few months, NFT has been a hotly discussed topic. As more and more NFT in different forms start to emerge, I invited Vincent Niu, founder of @dapp_review (acquired by @binance) to hop on the 51% podcast to talk about NFTs.
1/ We originally got to know each other in 2018 because of @GodsUnchained, and have been exchanged opinions about NFTs since then. Vincent has so much to offer in this episode that if you want to learn about the past, present, and future of NFT, you should not be missing out!
2/ We kicked off this episode with Vincent's personal experience of playing cryptokitties, and reviewed the development of DApps and NFTs in 2018 and 2019. We talked about a few star projects, and why some of them were successful up till today.
3/ We chatted about the value behind NFT, followed by discussing the potential evolvement NFT platforms. We also probed the psychology behind people buying social tokens / NFT-backed tokens these days. At the end, Vincent gave some very interesting predictions about our future.
4/ I'll be sharing a tweet thread soon about thoughts of NFT that I had recently. I've gotten some inspiration from this conversation with Vincent, so will definitely incorporate those thoughts as well.
5/ You can also find this episode on Apple Podcast or Ximalaya. As an NFT related episode the link for @AudiusProject is obligatory:
0/ In the past I wrote a few thoughts about the NFT space. Over time my thoughts evolved. Compared to 6 months ago, I had developed some new understanding about NFT as a new form of value storage and transmission.
Here's a thread 👇:
1/ Instead of being defined as a general category, NFT should be discussed in relation to a specific medium.
2/ In the near term, we shall see (and have seen) NFT marketplaces evolve from the generalized purpose platforms that offer everything from in-game assets to arts, into the more focused platforms that offer NFTs in a specific type of medium (image / video, music, text, etc.,).
It’s amazing that over the four calls I had this morning, in three of them we chatted about BSC. There are a lot of heat around this topic rn and I’ll share my honest $0.02 (maybe not things that everyone would necessarily agree to):
1. Rn we are going through a phase where ETH is just so expensive to use, L2s are not ready yet, and the UI of some promising L1 alternatives are not great, high hurdle for users...
...BSC was there perfectly picking up this narrative and fitted itself in this vacant phase by tapping into two crowds: 1. Ppl who are less evangelical and just want to do cheap on chain tx; 2. Ppl who never used ETH and had their initial knowledge about defi via Binance
0/ As we kick off 2021, I’d like to unpack the story of @SushiSwap and @UniswapProtocol and build on the theme of how cultural differences can explain why both ultimately succeeded, despite being direct competitors with virtually identical products.
1/ Recognizing that both could thrive with their own strategies, I draw a comparison between @SushiSwap and @binance, and @UniswapProtocol and @coinbase from various angles, including the form of the product, the frequency of iteration, and the interaction with the public.
2/ Over the past year, I spent a lot of time trying to understand differences in opinion across Eastern and Western cultures. While the view could often be stereotypical, the attempt to understand user behavior and product design via a cultural lens could be more or less valuable
Thought it was fun. I had a lot of thoughts as I listened to it
1/ The discussion about privacy tokens $XMR, and related $ZEC, was interesting. There's def doubt re: if adding a layer 2 to an existing L1 with good governance would work (i.e. privacy is feature not a product). IMHO this may be valid but maybe we could think a bit differently
2/ ...In the Uncommon Core EP.13 where SZ mentioned that we needed sth better than Ethereum alone for institutions to participate in on-chain trading. I very much agree to it. So maybe what we need is a swap with ZK features?
0/ I recently published this episode in Mandarin but seemed like @FTX_Official really got some community members who wanted to learn about our chat. So I thought it'd be interesting to try one of those paid online audio transcribing AI service out
1/ FTX has achieved a ton this year, and they only started their business 1.5 years ago. They started the year of 2020 by closing the equity financing round strongly, and began to expand aggressively in different regions around the world, despite it was a team of only ~50 people
2/ She discussed the core culture of @FTX_Official, and how everyone operated around those principles. She shared how they were able to capture various market opportunities and got to where they were today. We would also learn about FTX's strategies on retails and institutions.