A Summary of @Darrenlautf and @neworderDAO Twitter Space:
We will explore in this 🧵, the concepts that were discussed and some key highlights.
/THREAD
https://twitter.com/neworderDAO/status/1491447452553351168?s=20&t=686WNtEEXMC7NriVQvIbNg
We will explore in this 🧵, the concepts that were discussed and some key highlights.
/THREAD
- Data is the new world. People often try to revolve around the governance token.
- There is interest in tokenising new asset classes.
- Innovation needs to occur around the fact that data is a high volume, low transaction size asset type.
/1
- There is interest in tokenising new asset classes.
- Innovation needs to occur around the fact that data is a high volume, low transaction size asset type.
/1
-@oceanprotocol and data focused projects will make a splash this year.
-There needs to be a reason for adoption to come on chain.
-Regardless of whether we need the adoption, the infrastructure should be in place for it.
/2
-There needs to be a reason for adoption to come on chain.
-Regardless of whether we need the adoption, the infrastructure should be in place for it.
/2
-Not many projects are focusing on data.
-Integrate with Ocean, before market materialises.
-A question should be what is better, a stable asset or coin?
-People prefer stable coins over stable assets.
-People are more risk averse, don't want to use stable assets.
/3
-Integrate with Ocean, before market materialises.
-A question should be what is better, a stable asset or coin?
-People prefer stable coins over stable assets.
-People are more risk averse, don't want to use stable assets.
/3
-Can we collateralize something with data as a peg?
-Enforcing a peg of an asset against something potentially illiquid such as NFTs- watch out for.
-Create an AMM model for this "peg" to access immediate liquidity, perhaps leading to higher quantity with low market caps.
/4
-Enforcing a peg of an asset against something potentially illiquid such as NFTs- watch out for.
-Create an AMM model for this "peg" to access immediate liquidity, perhaps leading to higher quantity with low market caps.
/4
-We might see a movement towards data token assets on chain, rather than a privacy risk.
-Anything which makes data easier to access and interpret from all these blockchain use cases will be market changing.
/5
-Anything which makes data easier to access and interpret from all these blockchain use cases will be market changing.
/5
-Darren Lau's perspective on "The Daily Ape", a free informative resource that should be read daily.
-Free resources like this, create alpha that can be shared both ways- more so when free.
-@Darrenlautf main reason is to grow it, to provide value to people, as much as he can.
-Free resources like this, create alpha that can be shared both ways- more so when free.
-@Darrenlautf main reason is to grow it, to provide value to people, as much as he can.
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