๐น Conference attendees are mainly lawyers and legal service providers ๐งโโ๏ธ
๐น These people are good at structuring companies, providing legal advice
๐น Some of them have never used MetaMask before
๐น Lawyers were discussing IP rights and NFTs
๐น Did not expect NFTs to blow up so fast
๐น Thinks that some NFTs are lazily drawn with no fundamentals or promise of anything else in the future
๐น Had a NGMI mindset around NFTs. Found CryptoPunks kind of ugly
@gabrielhaines@Fiskantes@ZeePrimeCap@Sigil_Fund ๐น Was early to the #NFT scene in 2019, but he wouldn't buy something that does not appeal to him aesthetically
๐น He ventured into NFTs when it wasn't clear that it will be a trend. Helped him to formulate his NFT thesis quickly when he saw the space growing
๐น Memes are the biggest driving force in a post-value society
๐น A post-value society has a digitally native culture where the scarcest resource is human attention. Anything that can capture attention sustainably for a period of time can become a major asset
@gabrielhaines@Fiskantes@ZeePrimeCap@Sigil_Fund ๐น NFT valuation relies on tastemakers who create a narrative around the NFT. Tricky to find something that is not trendy for only one season
๐น They also invest in projects that they do not expect to be mimetic but are technologies that are necessary to the space
๐น Many believe that middleware would not capture value. Instead, they think that value capture occurs in the app, aggregator, or social layer
๐น These investors point to super apps like Google and Facebook and think of middleware as HTTP or SMTP protocols
@gabrielhaines@Fiskantes@ZeePrimeCap@Sigil_Fund ๐น Middleware with the following features are able to capture value:
1๏ธโฃ Have tokens
2๏ธโฃ Have a decentralized network
3๏ธโฃ Have a community of independent operators
๐น Easy to become super cynical in crypto because of the cesspool of Ponzis and outright scams in the space
๐น If individuals do not have an overarching set of values that they anchor their life to, they can feel empty inside even though they are making money โน๏ธ
๐น Gabriel referenced a tweet that Fiskantes made about making X amount of money and not feeling anything
๐น From a materialistic perspective, nothing much has changed in his life
๐น His mindset has changed a lot
@gabrielhaines@Fiskantes@ZeePrimeCap@Sigil_Fund ๐น Focusing more on health, fitness, and personal relationships
๐น Saw a smaller account on Twitter coining the term Return per unit of Mindshare, which means how much attention and mental energy that someone needs to spend on something versus how much profit they can get from it
@gabrielhaines@Fiskantes@ZeePrimeCap@Sigil_Fund ๐น Starts to think in terms of best possible return with the lowest possible mindshare spent
๐น Realized that most drops and mints are not worth the trade-off anymore. Knows that life is short and he wants to enjoy stuff and be healthy
๐น Their team has grown and he is outsourcing more to other members
๐น Doing more strategic and management work
๐น Recently started looking at crypto gaming. His colleagues and himself have the experience and an edge in this area
๐น Doing cool stuff with @ParallelNFT. Will be out soon
๐น People have been bashing #PlayToEarn because it's more like work and less like play
๐น Thinks that it is one of the avenues that people could take if they are displaced from their job by automation
@gabrielhaines@Fiskantes@ZeePrimeCap@Sigil_Fund@ParallelNFT ๐น In addition, #PlayToEarn means that others are willing to pay players for doing the things that they are doing
๐น Would like to see community members building up a gaming ecosystem from the bottom up and making NFTs interoperable with one another
@gabrielhaines@Fiskantes@ZeePrimeCap@Sigil_Fund@ParallelNFT ๐น Doesn't think that @lootproject will be a coherent gaming experience
๐น Loot is the first demonstration that people can bootstrap a community that independently builds some part of the experience
๐น One criticism that people levelled against Loot is that it is not affordable
@gabrielhaines@Fiskantes@ZeePrimeCap@Sigil_Fund@ParallelNFT@lootproject ๐น Finds this criticism very weak as there are more affordable versions available such as mLoot
๐น A better criticism is that games are built from a primitive such as the rules and the goals of the game. Building a game from an item set, such as Loot, is more restrictive
@gabrielhaines@Fiskantes@ZeePrimeCap@Sigil_Fund@ParallelNFT@lootproject ๐น They invested in many games. Particularly excited about one game he invested in which he cannot disclose yet
๐น Another game they are looking at connects crypto incentives to real-world tasks that need to be completed by the player
๐น Attributes success to:
1๏ธโฃ Protocol Design. The biggest liquidity provider is the DAO itself
2๏ธโฃ Their bonding mechanism
3๏ธโฃ Olympus Pro product is already being adopted by other projects
4๏ธโฃ Have super loyal, long-term, and active community members
๐น @templedao is no longer a fork. They started out as a fork but added a lot of their own innovation
๐น As he has already invested in Olympus DAO, he didn't want to touch any Olympus forks
๐น @ohmzeus was advising @KlimaDAO
๐น @POKTnetwork is an underappreciated investment of theirs
๐น Already has a working product
๐น Focus is to create a decentralized network of node providers for blockchains
๐น Token out at the end of this year ๐
๐น Short term goal is to go through medical exams and tests to see if there are any health problems that he should focus on
๐น Subsequent step is to focus on living a healthy life for as long as possible
๐น Would like to travel more and to have a balanced life
๐น If the COVID lockdown is lifted, he wants to travel through some Asian countries that he hasn't visited yet. If not, he will try something in South America
๐น Will have a shorter European road trip with his friends
๐น Felt like family when he had under 10,000 followers. People understood his jokes and his memes
๐น Now, there are many people who don't get his sarcasm, think he is dumb and try to explain things to him
๐น Advise people who have made at least 6 digit profits in crypto to put some of that into quality healthcare prevention, especially if they are over 30
๐น Another advice is to anchor yourself within crypto with some set of net positive values
B.Protocol had an AMA with @CRE8RDAO on the 1st Nov 2021. This summary highlights the main points covered during the AMA session, including the latest updates of @bprotocoleth and which new platforms they are going to integrate with.
@yaron_velner
๐น Founder / Lead Dev - "Brain, muscles and vision" of B.Protocol
๐น Was CTO of @KyberNetwork before this
๐น Started SmartPool with @vutran54 as a semi-academic project, which evolved to become Kyber in 2017
@CRE8RDAO@bprotocoleth@yaron_velner@KyberNetwork@vutran54 ๐น Co-designer of the WBTC protocol with @BitGo team
๐น Did development work on on-chain market-making tool created for DeFi
๐น After Kyber in 2020, was consulting with pte companies, building liquidation bots for DeFi and CeFi
๐น Realised liquidations in DeFi are broken
This is the last thread for Infinity Skies: Community Stories. Here, we seek to share the stories of the Discord members of @Inf_Skies. To have a good community, we need to highlight the people in it.
Everyone has a story to tell - we just need to pay attention ๐
@Inf_Skies "Sometimes, all we need is a hand to hold, an ear to listen, and above all, a heart to understand."
Infinity Skies, when you grow tall and strong, please don't ever forget the people that believed in you right from the start ๐
@Inf_Skies "Guild system makes the community grow larger and makes the gaming more exciting!"
Today, we're sharing the pod summary from @BanklessHQ where @TrustlessState and @RyanSAdams interviewed @brian_armstrong, CEO of @coinbase. Find out how Brian's values impact the running of Coinbase itself and what the challenges are for Coinbase in this current climate. Read on!
๐น Studied computer science and economics
๐น Felt that he was born too late to start a great internet company, but $BTC is like the next internet
๐น First thought after reading $BTC whitepaper was how can he make it easier to use
@BanklessHQ@TrustlessState@RyanSAdams@brian_armstrong@coinbase ๐น After seed funding, Coinbase became a 3-man operation in 2013
๐น Coinbase initially failed to build a user base but quickly found out that the core issue was that users did not have any $BTC to use
๐น Added a buy button on the site and everything changed from that moment
Today we're going to share a tool that every #DAO should use - @coordinape! This is a consolidated pod summary of 4 interviews done by @EthFugu highlighting the actual use cases of Coordinape in different DAOs: BanklessDAO, Masq Network, PoolTogether and Forefront.
๐ธ Decentralized payroll management for DAOs
๐ธ At the end of every epoch, a project uses Coordinape to allocate points (called GIVE) to any members within the circle based on their proportionate contribution of work done
๐ธ Open, transparent, decentralized
What is @banklessDAO?
๐ธ Steward behind the Bankless brand started by @TrustlessState and @RyanSAdams
๐ธ A community that shares the values that Bankless embodies
๐ธ Goal is to spread Bankless ideals through education, culture and Media
Today we're going to do a deeper dive into the token allocation and tokenomics of @fantom_oasis, a decentralized project launchpad for the @FantomFDN network. We will explore the staking mechanism and its benefits as well.
๐ฅ๐ฅ Let's go! ๐ฅ๐ฅ
@fantom_oasis@FantomFDN We've done an article and a tweet thread on Fantom Oasis before, so you can refresh your memory to see what this is all about first. Here:
๐น FTMO is the token
๐น Helps connect project creators with investors
๐น For project creators - help on different aspects from financing to strategic advice
๐น For investors - bonuses are given to FTMO stakers e.g. increased allocation size of new project tokens
๐ฎ Co-Founder of @planetariumhq
๐ฎ Studied computer science at Caltech. Started off as an engineer
๐ฎ Went back to Korea to serve in the military ๐ช
๐ฎ Instead of going to the military, he spent his next 2 years working for several internet companies
@zima_red@AndrewSteinwold@kijunseo@planetariumhq@NineChronicles ๐ฎ Moved on to work at Dropbox as an engineer
๐ฎ Left to work on indie games
๐ฎ Collaborated with artists then realized that they could embark on decentralized gaming ๐จ
๐ฎ Started Planetarium in 2018