๐ฎ Came into the space in 2014
๐ฎ Wrote a paper on the use of cryptocurrency and blockchain technology to fix problems in foreign aid ๐ฉน
๐ฎ Got an award from the Global Development Network - Bill and Melinda Gates Foundation
๐ฎ President of Blockchain in Gala Games
๐ฉน Working as an academic consultant
๐ฉน Saw a call for papers for the Global Development Network
๐ฉน Before that, had done work in foreign aid at post-earthquake Haiti & Peru
๐ฉน Used blockchain technology in the essay
๐ฉน Received a call from them after a few months
๐ฎ Started working on various projs
๐ฎ Marcomms role: Explaining technical things in a simple way
๐ฎ Kept working in that capacity because he believed in the space
๐ฎ Involved in @QUOBlockchain. Project is currently idle
๐ฎ Loved the idea of game ownership
๐ฎ Wrote a paper on player ownership before ๐
๐ฎ Joined Gala Games because they can execute on their ideas
๐ฎ One liner for Gala Games: We are here to give power back to the gamers ๐
๐ฎ People working on Gala Games are from the games industry, using blockchain as part of their tech stack
๐ฎ This is very different from a blockchain company that tries to make games
@zima_red@BitBenderBrink@GoGalaGames@AndrewSteinwold@QUOBlockchain ๐ฎ Half of "blockchain games" are not games, but are Gacha slot machines with some sort of economic component tied in.
๐ฎ If people were not paid to do it, they would not play these games
๐ฎ Gala Games wants to make games that are fun, that people would love to play
@zima_red@BitBenderBrink@GoGalaGames@AndrewSteinwold@QUOBlockchain ๐ฎ Every game is pay-to-win. The question is what the gamer is paying in:
1๏ธโฃ Paying in money ๐ธ
2๏ธโฃ Paying in time. A highly skilled player has put in time to get to what he/she is today ๐
๐ฎ Creating an ecosystem where people paying in money โก๏ธ people paying in time
๐ฎ Had AMA with @opera & Mercy Corp Ventures
๐ฎ Created a building called the Sanctuary in-game
๐ฎ % of resources collected by new players go back to it
๐ฎ Resources given out to charity
๐ฎ Allows players not just play-to-earn, but to play to give to a cause
๐ฎ Traditional games have a closed loop system
๐ฎ When developing games for the blockchain space, game devs have to be more careful about the game ecosystem
๐ฎ Foresees that tokens, blockchain, and NFTs are going to be how we are going to build the system
Spider Tanks
๐ท๏ธ Brawler/MOBA game
๐ท๏ธ Worked with @GAMEDIA_GAMES to produce it
๐ท๏ธ Own Spider Tanks, which are spider-shaped tanks, and fight one another
๐ท๏ธ Use resources to upgrade your tanks
โญ๏ธ 1st internal game
โญ๏ธ A town building farming simulation
โญ๏ธ Gave away a million dollars in May to players. There were people in the community who were able to purchase their homes using their winnings
โ๏ธ MMO RPG with an entirely player-driven economy based around a medieval feudal system
โ๏ธ Have smaller homesteads all the way to massive citadels
โ๏ธ Difficult to give a rough launch date
โ๏ธ Some stuff would be out this year
๐ฎ A series of node licenses that allow people to buy these licenses and run nodes
๐ฎ By running nodes, they are supporting the network by providing processing power and storage
๐ฎ In return, node operators are rewarded in GALA tokens ๐
๐ฎ ERC-20 token
๐ฎ Can be obtained from running a node or from DEXes
๐ฎ Each of their games/products will have separate tokens
๐ฎ There will be interlinking ecosystems โ $GALA will tie everything together ๐ชข
๐ฎ Believes that they have the ability to become the next Steam
๐ฎ Want to see hundreds of games, all with player-owned assets, integrated with Gala Chain
๐ฎ GalaCon at Las Vegas in December
๐ฎ Announcements of things that are coming to the platform both before and after the event
๐ฎ Cool stuff related to Mirandus
๐ฎ Triple A gaming titles coming to the blockchain space. An example is a FPS game ๐ซ
๐ฎ Loves NFTs, but there's a lot of trash out there
๐ฎ Thinks that there is a degree of collusion that drives the value of some NFTs up
๐ฎ Some projects will succeed tremendously ๐ while a lot of projects will fade away ๐
๐ฎ Going to be a shakeout in the blockchain collectible space ๐
๐ฎ Legitimate projects will continue building while the rest will fizzle out
๐ฎ After the shakeout, there will be innovation in the space ๐ก
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.
Find out more in @CRE8RDAO AMA with ZettaBlock ๐
๐Background of the Team
โข Has a #Web3 startup team that operates globally
โข The team is led by two experienced co-founders, Scott Shi and Chi Zhang
๐ธScott Shi (@scottshics)
โข Has over a decade of expertise in engineering
โข Worked at companies like @Uber, @salesforce & EA
๐ธ Chi Zhang
โข Was a product manager at @databricks
โข Holds a PhD from @UCBerkeley
โข Experience in building data and #AI products
โข 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 ๐
Background
๐น An anthropologist
๐น Is an artist
๐น A DAO contributor
๐น Has a Substack, but itโs not really a newsletter, but a cultural report
Substack
๐น Itโs more an anthropological collection of a subculture
๐น Trying to record the why and the what behind the different projects
๐น Important to have a birdโs eye view to see the connections
๐น 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 ๐
There are 2 kinds of progress:
โข Horizontal (1 to n)
โข 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.
๐ Look for companies that go from 0 to 1 instead of 1 to n.
๐น People remember the year for all the terrible stuff that happened
๐น Important to remember the positive events too (e.g. the merge)
๐น The merge is a transaction inclusion time decrease
๐น Have multiple zk-EVM implementations that will have a mainnet launch in 2023
๐น @signinwitheth has seen massive gains in adoption
๐น Cryptocurrency payments worked during the invasion of Ukraine
๐น Have always recommended @KeePassXC or @Bitwarden:
๐ธ KeePassXC: A completely offline tool. Reserved for extreme scenarios
๐ธ Bitwarden: A secure password manager that synchronizes your password database across multiple devices
Now
๐น Online password managers have advanced quite a bit
๐น Every reputable password manager encrypts everything on your machine before it goes into the database
๐น Does not recommend LastPass, 1Password, Dashlane
๐น For people new to password managers, he recommends Bitwarden