Over half a million people watched the clip where Do Kwon says "Terra will be the single largest holder of #BTC in the world besides Satoshi." But almost nobody watched the actual interview. Our interns went to work to summarize this lively conversation
1/ Do Kwon talks briefly about his background and then jumps right into defining @terra_money's mission and strategy for becoming the first truly decentralized global-scale, multi-chain stablecoin. He also explains the biggest issues with current collateralized stablecoin models
2/ @stablekwon goes on to share his thoughts on the current regulatory landscape and his experience working with regulators to find a common ground and a common language, and talks briefly about his disinterest in materialism before giving us a tour of his apartment.
3/ He also shares his thoughts and outlooks, learning style, and a couple things he's currently working on. if you've never heard of "fungible labor markets", don't worry, us neither. But it's quite a fascinating idea.
4/ When asked about which tools are good for learning and keeping up, he had this to say: "Twitter is still the best. We can learn at a pace that wasn’t imaginable before creating this industry. It’s an insufferable cesspool for about six months, but you get used to it."
5/ All in all it was a very engaging and enlightening conversation that helps us get to know Do, get a better sense of the role stablecoins play in the global economy, and the important things to consider when designing a new #money. We hope you enjoy it
In the most significant #blockchain upgrade in history, the #Ethereum network is moving from a #proofofwork (#PoW) to a #proofofstake (#PoS) consensus mechanism to confirm transaction blocks, known as “The Merge”
1/ The two major upgrades, PoS #consensus and #sharding, promise to deliver fast transaction times with low network costs without sacrificing scalability, security, or decentralization. #TheMerge is Phase 0 of the rollout of the Ethereum 2.0 improvements this year.
2/ ‘The Merge’ will replace PoW and the temporary split solution with the more energy-efficient PoS consensus layer, the Beacon Chain. Transaction blocks will no longer be confirmed by solving computationally intensive puzzles.
GameStarter is expanding its services and we want to spread the word. If you're a game developer working to get your idea or partially built project off the ground and ready for market, @Gamestarter is providing the resources and connections you'll need to make it happen.
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1/ Gamestarter is a game development studio and NFT marketplace as well as #launchpad and #accelerator that is expanding its platform to include full-service incubation, marketing, and promotion as well as coaching and support for game development teams.
2/ The team has experience launching dozens of games and can provide support, insight, and coaching in all areas that matter for a game to succeed. From developing graphic designs and social media promotions to partnership recommendations and more. They have the tools and skills
Very talented trading geniuses can still go bust if they don't have good risk management skills. Here are some thoughts and tips on how we've learned to approach and think about #risk: bit.ly/3uhlGMh
1/ There's endless opportunity and those with enough knowledge and skill can just keep winning while 80% of #traders fail. The 2 most significant areas to focus on, if you want to stay on top, are #education and mastering self-control
2/ Making decisions about how much to allocate to each of your favorite asset classes doesn't need to be stressful. By starting with a hard number of maximum possible loss relative to our net worth, we can establish relative percentages to use as a guide for sizing our bets.