@Psycheout86 has a pretty interesting backstory. He was a competitive gamer, worked for the government, and then started up @AxieInfinity with his co-founders.
Learn about his story in this episode of the Zima Red podcast 👇
🔹Competitive gamer that represented Norway in Warcraft 3 and @DOTA2
🔹Went to 1 of the top business schools
🔹Dropped out to work for the gov
🔹Discovered crypto through his father
🔹Set up Axie Infinity with @trungfinity and @Jihoz_Axie
🎮 Loved playing games
🎮 Played Warcraft 3, which was tactical and micromanagement intensive
🎮 Evolved into Dota. Played for 10 years
🎮 Peak achievement was beating Sweden. Norway and Sweden had some rivalry in Dota
🔹Learned about crypto from his father
🔹Father traded Bitcoin and he thought it was dumb
🔹Looked into Ethereum when it came out
🔹Never believed that Bitcoin would change the currency of the world
🐱 Reaching the peak of his Dota career and was burnt out
🐱 Came across crypto
🐱 Found out about CryptoKitties on Reddit
🐱 Thought it was expensive to mint/breed a new cat, but just went ahead and tried it out
🐱 Many strong individuals and community builders in the community
"@Jihoz_Axie is a perfect example. I thought he had ADHD because he was everywhere. He was chatting so much to everyone. It was the perfect person to have as a community builder."
🔹Looked into the applications of NFTs when he bred his first cat
🔹People had the idea of making other games inside CryptoKitties
🔹Realized that NFTs are the perfect vehicle to travel from one game to another🛣️
🔹Trung sent him a message on Discord about making a new project. Wanted him to be a part of it🤝
🔹Joined as an advisor to Axie Infinity in the initial stages
🔹Eventually left his job and travelled to Vietnam
🔹Met Jiho in Vietnam as well🤝
@Psycheout86@AxieInfinity@DOTA2@trungfinity@Jihoz_Axie@CryptoKitties "So it's pretty magical. I mean, it was, yeah, so many interesting characters. I remember those days really strongly, because we had nothing, right. It's just the community of believers." - Aleksander Larsen
🔹Talked about everything/got to know each other
🔹Focus was on how the MMR system was going to work⚔️
🔹As they grew, they created a company called Sky Mavis, with the company owning Axie Infinity
🔹Inspired by Steam and Epic Games
🔹Generic products fail because they are too general
🔹Made a product package that is specific to their use case
🔹Ronin blockchain built using the EVM codebase
🔹Innovation can be shared between Ethereum ⬅️➡️ Ronin
🔹Mavis Hub: A Steam (the game publisher/platform) concept for the Metaverse
🔹Pros➕ and cons➖ for game devs to build on Mavis Hub
🔹Platform can be monetized in various ways💰💰💰
🔹Trung made the algorithm to create Axies
🔹Designer designed the parts of the Axies
🔹1st iteration: on-chain battles
🔹2nd iteration: more centralized
🔹3rd version: card-based game
🔹Had to grind in the early days💪
🔹Incentivized community to create content💰
🔹Handle many new problems that pop up everyday
🔹Owing to their success in Philippines/other developing countries, they ended up being responsible for putting food on the table for thousands of players each day
🔹Smart contract security and possible hacks
🔹Play-to-earn mechanics have to be integral to the core design of a play-to-earn game. It has to be done in a specific way
🔹If not done correctly, it will burn out fast
🔹The game/community👨👩👦👦 plays a significant role on the sustainability of play-to-earn mechanics
🔹Believes in the Metaverse
🔹It is great that assets are not controlled by corporations
🔹Need to have games that breakout and draw in a lot of people into crypto
🔹Believes that the Metaverse has to be created by the community👨👩👦👦 for the community👨👩👦👦
🔹Don't believe too much in interoperability/composability of assets
🔹Have been burned in the past by spending dev resources on things with no tangible biz impact
🔹Taking a pragmatic view as to whether an action would lead to onboarding of new users
🔹A gallery to view all his NFTs, regardless of which chain they are on
🔹The gallery has to allow the display of the NFTs on the walls and allow viewers to walk in it
🔹Closest example is @oncyber_io
Blockchain + Web3 is revolutionary, but what is limiting their potential to change the world are the challenges involved in indexing and accessing data on the blockchain itself. @ZettaBlockHQ aims to address this issue.
• Has a #Web3 startup team that operates globally
• The team is led by two experienced co-founders, Scott Shi and Chi Zhang
🔸Scott Shi (@scottshics)
• Has over a decade of expertise in engineering
• Worked at companies like @Uber, @salesforce & EA
🔸 Chi Zhang
• Was a product manager at @databricks
• Holds a PhD from @UCBerkeley
• Experience in building data and #AI products
• Proven track record of supporting data-driven
organizations
He discusses anthropology, Web3 and other subcultures, and many other interesting topics with @chaserchapman in this episode of On The Other Side 👇
Background
🔹 An anthropologist
🔹 Is an artist
🔹 A DAO contributor
🔹 Has a Substack, but it’s not really a newsletter, but a cultural report
Substack
🔹 It’s more an anthropological collection of a subculture
🔹 Trying to record the why and the what behind the different projects
🔹 Important to have a bird’s eye view to see the connections
🔹 Is an obsessively curious person. Have always been searching for cool stuff
Today, I'll be sharing the book highlights of @peterthiel's Zero to One. Peter Thiel is a serial entrepreneur who helped to start up many companies, like @PayPal and @PalantirTech, and invested in Facebook.
If he has something to say about startups, I want to know. Read on 👇
There are 2 kinds of progress:
• Horizontal (1 to n)
• Vertically (0 to 1)
E.g. Horizontal progress is about getting existing products distributed to more places (globalization), while vertical progress is about coming up with new products (tech).
From the book's title, you should be able to deduce which is the better kind of progress. Going from zero to one will be hard, but the rewards will be way better than going from 1 to many.
👉 Look for companies that go from 0 to 1 instead of 1 to n.
🔹 People remember the year for all the terrible stuff that happened
🔹 Important to remember the positive events too (e.g. the merge)
🔹 The merge is a transaction inclusion time decrease
🔹 Have multiple zk-EVM implementations that will have a mainnet launch in 2023
🔹 @signinwitheth has seen massive gains in adoption
🔹 Cryptocurrency payments worked during the invasion of Ukraine
🔹 Have always recommended @KeePassXC or @Bitwarden:
🔸 KeePassXC: A completely offline tool. Reserved for extreme scenarios
🔸 Bitwarden: A secure password manager that synchronizes your password database across multiple devices
Now
🔹 Online password managers have advanced quite a bit
🔹 Every reputable password manager encrypts everything on your machine before it goes into the database
🔹 Does not recommend LastPass, 1Password, Dashlane
🔹 For people new to password managers, he recommends Bitwarden