After the Celsius claims deal, there’s a big question:

“What could FTX2.0 learn from it?”

What if you combined ideas from both the Celsius deal and the 2016 Bitfinex IOU token deal? What might it look like?

Here’s an FTX2.0 🧵 to spark ideas 👇 pls share+comment. Never know!

https://twitter.com/wassielawyer/status/1661667192533061632

1/ This thread discusses:
(1) Celsius and Bitfinex deals
(2) Why FTX is different
(3) What’s learnable from both deals
(4) An innovative FTX2.0 deal idea with an Investor Coalition, FTX creditors getting equity AND an IOU Token, an exchange restart, liquid crypto distributions

#HongKong, one of Asia’s biggest international financial centers, *today* just formally approved retail trading of #crypto assets. Effective 1 June 2023.

Huge deal for #Web3 economy in Asia + #币圈

11 key points from the conclusion paper drop from the SFC today:

https://twitter.com/mrjasonchoi/status/1633244414968750080

1/ Hong Kong will allow retail traders to trade crypto (was resticted to professional/accredited investors only before)

#NFT Innovations🔥

#ERC721C (programmable, on-chain royalties), #ERC6551 (token-bound accounts), and #ERC4337 (smart contract wallets) are emerging primitives that add new innovations to on-chain gaming, media, and social.

1/8 Here’s some helpful info to know (video shorts): 2/8 Programmable on-chain royalties #ERC721C (not yet an official standard though)