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Mar 29, 2022 18 tweets 4 min read
1 @AxieInfinity @Ronin_Network $620M hack a thread 🧵 👇 @AxieInfinity @Ronin_Network 2 Sadly, this is a very large amount of ETH. So doing a reversal on Ronin and creating "Ronin Classic" as was done during the DAO hack is not an option.
Feb 24, 2022 9 tweets 2 min read
1 If you are launching a token take note: Silicon Valley standard for vesting is 1 year cliff 4 year vesting. A thread 🧵 aka rant. 2 According to superfoundersbook.com it takes some years to build a unicorn or larger company/project. Chart below.
Feb 23, 2022 9 tweets 1 min read
1 here's my episode on ConstitutionDAO. Which comes with a bit of a musing on the longevity of DAOs 👎 thread below 🧵 2 ConstitutionDAO was a hardened coordination point for one purpose only--to buy the US Constitution. And after that it kind of naturally dissipated
Nov 12, 2021 32 tweets 4 min read
1 Play-to-Earn economy design, a primer 2 Lots of people ask me about economy design for their P2E games. I have seen hundreds of designs
Jun 23, 2021 17 tweets 5 min read
this is the future of blockchain gaming. Investing in individual game titles or studios is very very very difficult. Investing in governance over the player base means you don't have to pick the one hit game to have a winning investment.
May 23, 2021 6 tweets 2 min read
1 Ok we are in this part of the cycle again: Bitcoin's problems run deeper than its volatility pitchbook.com/news/articles/… 2 The article opens by saying HODL stands for "Hold On For Dear Life" so immediately screaming "I don't know what the hell I'm talking about and haven't studied it very much but I'm happy to pile on"
May 18, 2021 7 tweets 3 min read
1 Casmir Patterson @askcasmir is a brilliant entrepreneur who is working at the edge of Digital Fashion and NFT in the domain of Sneaker Culture with her firm @nftyco 2 This may be one of my most exciting episodes to date as it covers digital culture, NFT, Metaverse, Art, sneakerheads, design, intellectual property.
May 17, 2021 13 tweets 5 min read
1 Mars Money is "F--k You" Money. 2 Was speaking to a friend who formerly worked on the International Space Station ISS. Well not literally "on" the station. But he worked on that project while on earth.
May 16, 2021 11 tweets 5 min read
1 This is what it feels like to move from the extraction economy to the ownership economy 2 There's been plenty of talk about the "creator economy" which is about the interface between the digital symbolic layer and original creations
May 15, 2021 13 tweets 3 min read
1 Darkside is absolutely amazing and worth studying krebsonsecurity.com/2021/05/a-clos… 2 DarkSide is responsible for an attack that caused Colonial Pipeline to shut down 5,550 miles of pipe, stranding countless barrels of gasoline, diesel and jet fuel on the Gulf Coast. DarkSide cybercrime gang earns $15 billion in annual revenue.
May 14, 2021 14 tweets 6 min read
1 The degen movement has been the source of many activities that have ranged from concerning to consterning. 2 as a subtribe of DeFi it is prone to deliberately provocative coordination such as Gamestop and Dogecoin
May 12, 2021 11 tweets 2 min read
1 How to start with cryptocurrency a guide for the beginners in your life. 2 First step. Realize that this is a multi decade journey like the creation of the consumer Internet and that we are all still early. Very very early. Relax.
May 12, 2021 10 tweets 4 min read
1 Speaking with @leokcheng of @creamfinance on the @mikobits show #DeFi #cream 2 Leo talks about Capital Efficiency, one of the main problems solved by C.R.E.A.M
May 12, 2021 7 tweets 2 min read
1 Here's the skinny of $WOOFY woofy.finance 2 There's been incredible ape energy in the market lately with pointless projects getting lots of attention and energy
May 11, 2021 10 tweets 3 min read
1 Mirror Mirror on the Wall, Who's the Fairest Protocol of All? @MikoBits show speaks to @barnabee of @vegaprotocol about front-running and exchange fairness 2 A blockchain is a consensual reality. We consent to join it and we consent to use it and we stay there as a function of being treated fairly there.
May 11, 2021 4 tweets 1 min read
Here's another post from Zuck that will get the #Bitcoin community buzzing as well. now of course he could be talking about VR stuff, but it's hard to believe something that has been going on steadily for so long at FB would be that exciting for Mark
May 10, 2021 4 tweets 2 min read
1 @StellarOrg on the @MikoBits show explaining What is Stellar ($XLM) with SDF's own @jricetweets 2 Stellar seems to me like $XRP 2.0 and interestingly enough shares a founder @JedMcCaleb
May 10, 2021 10 tweets 2 min read
all consensus reality is moving to digital/symbolic and the most valuable consensus reality is moving onchain this is more of a retreat than a move. it turns out meatspace is not supportive of consensus reality