As our world becomes more digital, the borders between us become thin
#Crypto is incredible because it opens the doors for a more open and inclusive world by aligning incentives regardless of who you are, what you do, or where you come from
2/
Banking the unbanked, financial freedom and more are all realistic themes enabled by crypto's distributed ledger and borderless payments
Giving global businesses the ability to act without relying on trust or being hindered by the constraints of traditional finance
3/
But in our world (and def in crypto), there is a huge people problem
We like to moon & we like to be right
Crypto today is mostly siloed mindsets leading to siloed tech and narratives that divide, boost our bags, and confirm our biases
TVL, DeFi, shitcoins & current users, makeup an extremely small, although growing, fraction of the global market
Even $BTC, the most dominant crypto asset, is _tiny_ compared to major sectors like real estate
(Numbers ↓ from Jan 2022 - likely worse now)
8/ IRL biz is coming
TradFi institutions have already made their way here
JP morgan, Blackrock, and their buddies have been positioning themselves to usher in the next bull in the wake of incoming regulation c/o the #FTX catastrophe
But real business is trickling it's way in
9/
Did I say trickling? Well #Polygon has done a pretty great job w/ their biz dev team in securing partnerships with well-known biz like @Starbucks, and developing blockchain solutions for them
Polkadot's setup is so appealing, however, that it's attracting MAJOR adoption
10/ List em'
So let's talk about actual biz adoption secured by $DOT in 5 parachains
2. @OT_Parachain and @TraceLabsHQ
-The Google of #Web3 turning graph data > knowledge assets
-@origin_trail secures 40% of US imports via sharing security audits b/t biz
-Supply chain wizards partnering with @BSI_UK to improve efficiency of global supply chains...
-Swiss Federal Railways uses OT for parts tracking and efficient middleware
-Building toward greater network effects with Dr. Bob Metcalf himself (Metcalf's Law)
-Working toward incorporating AI as the knowledge graph gains even more adoption and quality data
-Much much more
3. @Kiltprotocol is only getting started with their DID solutions
-Germany's Federal Energy Agency, @dena_news, uses KILT's DIDs along w/ @energywebx integration
-Partnered w/ @MoonsamaNFT, for login verification and much more
-Partner with @DeBio_Network to secure med data
4. @one_frequency, a parachain from Frank McCourt's Project Liberty aiming to bring forth a better social media with @DSNP_org
-@mewe, a privacy first mobile chat app, will be the first to launch with 20 million users already on their platform
5. @efinityio, an @enjin parachain
-Attracts @SquareEnix to drop their 25th anniversary NFT on Efinity's chain
-Square Enix is planning on investing millions into NFTs and the metaverse in 2023...hmm
I’m no expert in artificial intelligence, but I’ve spent hours reading up and was lucky enough to speak with @unconst1 and @DoctorM_DO whose passion is palpable
In this thread we’ll talk the basics of AI, the threats of centralization, and where #Bittensor fits in
2/
Let’s start with #OpenAI so we can translate their structure to Bittensor’s model
Open AI is the company behind the last 3 iterations of #GPT
GPT is the neural network, essentially a fine tuned artificial human brain, which is the infrastructure that apps are built on