jessewldn
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decentralized networks are not companies; DCF is the floor not the ceiling for network tokens
not all onchain projects are decentralized networks, these tokens should be valued and operate more like companies
not all onchain projects are decentralized networks, these tokens should be valued and operate more like companies
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Incomplete distinction:
For institutions, stables are primarily a messaging protocol innovation, like ACH or SWIFT, but where the 'medium is the message' (the message is both the state change and the trusted, instant settlement -- this the key innovation of blockchains) vs. legacy systems where the message and settlement are independent processes.
For consumers, stables are primarily an innovation in convenience and economics/incentives. They combine the potential for rewards and better economics with the convenience of instant global financial access (still being built out)
For institutions, stables are primarily a messaging protocol innovation, like ACH or SWIFT, but where the 'medium is the message' (the message is both the state change and the trusted, instant settlement -- this the key innovation of blockchains) vs. legacy systems where the message and settlement are independent processes.
For consumers, stables are primarily an innovation in convenience and economics/incentives. They combine the potential for rewards and better economics with the convenience of instant global financial access (still being built out)
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Incomplete distinction:
For institutions, stables are primarily a messaging protocol innovation, like ACH or SWIFT, but where the 'medium is the message' -- both the state change and trusted, instant settlement (the key innovation of blockchains) vs. legacy systems where the message and settlement are independent processes.
For consumers, stables are primarily an innovation in convenience and economics/incentives. They combine the potential for rewards and better economics with the convenience of instant global financial access (still being built out)
For institutions, stables are primarily a messaging protocol innovation, like ACH or SWIFT, but where the 'medium is the message' -- both the state change and trusted, instant settlement (the key innovation of blockchains) vs. legacy systems where the message and settlement are independent processes.
For consumers, stables are primarily an innovation in convenience and economics/incentives. They combine the potential for rewards and better economics with the convenience of instant global financial access (still being built out)
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numerai but for memecoins
whos building this
whos building this
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The first app on any smart contract platform is money (h/t @punk4156)
A good money (for SoV) has a number of measurable characteristics —most important is predictable, deflationary supply. Others include, gini, decentralization, yield, lindy, (what else?)
Deflationary supply is something that most smart contract chains do not currently have. Begs the question: what needs to be true for that to change?
A good money (for SoV) has a number of measurable characteristics —most important is predictable, deflationary supply. Others include, gini, decentralization, yield, lindy, (what else?)
Deflationary supply is something that most smart contract chains do not currently have. Begs the question: what needs to be true for that to change?
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The first app on any smart contract platform is money (h/t @punk4156)
A good money (for SoV) has a number of measurable characteristics —most important is predictable, deflationary supply. Others include, gini, decentralization, yield, lindy, (what else?)
Deflationary supply is something that most smart contract do not currently have. Begs the question: what needs to change for that to be untrue?
A good money (for SoV) has a number of measurable characteristics —most important is predictable, deflationary supply. Others include, gini, decentralization, yield, lindy, (what else?)
Deflationary supply is something that most smart contract do not currently have. Begs the question: what needs to change for that to be untrue?
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Don't like conferences?
Me neither.
BUIDL with
@variantfund
& @phantom
Me neither.
BUIDL with
@variantfund
& @phantom
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