π Software engineer, entrepreneur, and founder
π Started to learn how to code at 13
π In his first year of university, he created an online job board for students because he was bored
π After 3-5 months, McDonald's started to put job offers on his website
@julien51@UnlockProtocol@AndrewSteinwold@zima_red π It grew to a couple of 100,000 students on his website
π When Google AdSense launched, he integrated it. In the first month, he earned $8,000 in ads. His father was shocked and created a company for him
π Worked as a banker for BNP Paribas in San Francisco for 2 years doing leveraged buyouts
π Was still running his student job board business remotely
π Was using RSS feed readers a lot during the early days of blogging
@julien51@UnlockProtocol@AndrewSteinwold@zima_red π Left the bank to create a company called @superfeedr, a RSS Feed API that allows anyone to publish and consume RSS feeds
π Superfeedr became a profitable business very quickly
π @Medium acquired Superfeedr. Joined Medium and worked there for about 2.5 years
π Was his first tech job
π Learned a lot of things, such as working with a team of people. Before that, he was kind of a solo entrepreneur
π Had a very good internal culture
π Medium had some issues with monetization
@julien51@UnlockProtocol@AndrewSteinwold@zima_red@superfeedr@Medium π Eventually ended up with a membership model where medium users pay to unlock features, content, or status on the platform:
1οΈβ£ Text-to-speech medium stories
2οΈβ£ Original content only available for members
3οΈβ£ Medium members getting a green halo around their avatar
π Andrew: Current biz model of the internet is ad prevalent and encourages outrage as that drives the most engagement. What are his thoughts?
π Thinks that it is unhealthy and is worried for the web as he sees the web as our collective brain
@julien51@UnlockProtocol@AndrewSteinwold@zima_red@superfeedr@Medium π If we incentivize for content that triggers, we not only end up with fake news, but info overload
π When BuzzFeed launched, people were celebrating the publishing of hundreds of stories each day
π He thinks this is dangerous as it's mainly information overload with clickbait
@julien51@UnlockProtocol@AndrewSteinwold@zima_red@superfeedr@Medium "I mean, if you read hundreds of crappy stories, is it better than five good stories? I don't think so. But clearly, from a financial perspective, it's better to write hundreds of crappy stories than five great ones."
π First time he heard about crypto was in 2011. One of his contractors wanted to be paid in Bitcoin
π Bought some Bitcoin on Mt. Gox
π His friend introduced him to Ethereum very early on. Tried the Mist Browser and found it too complicated
@julien51@UnlockProtocol@AndrewSteinwold@zima_red@superfeedr@Medium π While at Medium, he started discovering that they had a lot of crypto content on their platform
π Was researching on ways for Medium to pay writers from anywhere in the world and stumbled on crypto again. This is when he started to dive into crypto
π Thinks that DAOs will eventually replace a lot of institutions
π Thinks that the first DAO is Bitcoin. People were willing to invest in a miner and get paid by the system for mining blocks
π New kinds of structuers and workers will emerge
@julien51@UnlockProtocol@AndrewSteinwold@zima_red@superfeedr@Medium π A DAO doesn't have to be everyone voting on everything. Could be a delegation of votes towards people who are good maintainers/stewards
π People could collectively co-own the infrastructure/public good that they use
π Left Medium to look at ways to represent memberships
π In the physical world, people use badges or member cards to represent membership
π Realized that the ERC-721 standard could be used for unique collectibles/membership
π Goal of Unlock Protocol is to change incentives around content creation and to ensure that creators are rewarded based on the value they create for their members. They do not need to resort to stealing their fans' attention
@julien51@UnlockProtocol@AndrewSteinwold@zima_red@superfeedr@Medium π Creators are able to deploy a membership contract, which is called a Lock
π A Lock sells access membership in the form of NFTs. Whenever someone purchases a membership, they get a NFT that represents that membership
@julien51@UnlockProtocol@AndrewSteinwold@zima_red@superfeedr@Medium π Memberships can be partially transferred
π Makes money when users use their credit card gateway
π Their wallet is non-custodial. It's like a Web2 account with an email login and a password
π The password is used to encrypt the private key
@julien51@UnlockProtocol@AndrewSteinwold@zima_red@superfeedr@Medium π Working with different companies and projects and integrating Unlock Protocol at the core of their applications
π Launched Unlock DAO a few weeks ago for users to vote on the upgrades of the protocol
π Best things: Seeing your vision being executed is very exciting
π Hardest things: The feeling of loneliness that people can't see his vision of the world
π Unlock is used for Netflix and Amazon
π Creators on Netflix opening up their content to their members who are not on Netflix
π Have an Amazon Prime NFT in his wallet
π Get discounts on audio swag because he is a Zima Red subscriber
πΆ Met around 5 years ago. His friends' group and her friends' group decided to go to Mexico together
πΆ Was trying to flirt with her but she would have none of it
πΆ Decided to approach in a different way by talking about Ethereum
We have 6 short clips from the AMA session of @bprotocoleth with @CRE8RDAO to share. These are from @EthFugu and @creativelem - all contributing members from CRE8R DAO!
Let's take a look!
What is B.Protocol?
This is @EKatchka - Head of Ecosystem and Development, speaking.
BRS Leaderboard
π» @FelonGotchi is still on the top of the leaderboard
π» Felon swapped out his LINK Cube for a Milkshake to bring down its rarity score to 933. Still ranked one but within range of Rocinante at 2nd place
π» Godlike Cacti is crucial for ranking
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
πΉ Founder / Lead Dev - "Brain, muscles and vision" of B.Protocol
πΉ Was CTO of @KyberNetwork before this
πΉ Started SmartPool with @vutran54 as a semi-academic project, which evolved to become Kyber in 2017
@CRE8RDAO@bprotocoleth@yaron_velner@KyberNetwork@vutran54 πΉ Co-designer of the WBTC protocol with @BitGo team
πΉ Did development work on on-chain market-making tool created for DeFi
πΉ After Kyber in 2020, was consulting with pte companies, building liquidation bots for DeFi and CeFi
πΉ Realised liquidations in DeFi are broken
πΉ Conference attendees are mainly lawyers and legal service providers π§ββοΈ
πΉ These people are good at structuring companies, providing legal advice
πΉ Some of them have never used MetaMask before
πΉ Lawyers were discussing IP rights and NFTs