Gamblers do not care about decentralization and security, that’s why hype is outperformed Ethereum.
RWA and serious financing is the end game for Ethereum win in crypto, not gambling, Sol and Hype is better at gambling, faster and cheaper.
Bitty will sunset NFT lending at 1/September.
If you have loan or supply in it, please replay or withdraw before 1/September.
We will have new business which is onchain vault soon.
Keep building.
New: SpaceX changes plans to now offer up to 30% of the IPO to retail.
Fidelity is responding by lowering the eligibility to invest from $50,000 to $2,000.
As long as the token ownership is not defined by immutable smart contract code, crypto native token would not be liked by value investor.
0. Tokenomics matters, inflation tokenomics is not a good idea.
1. Buy back at anytime is not a good idea, a protocol should only buy back at price < value.
2. Token buy back without burning and give token back to team is not good idea.
3. Team funding from treasury should be more clear.
4. New version of protocol should only be developed by user demand instead of salary for team.
@AyaMiyagotchi@ethereumfndn I will always be extremely grateful for the grant and the significant other forms of support from the EF
I just want to clarify that Uniswap was not incubated by the EF
I was an external grantee with close personal ties to the EF so it might have felt that way!
Most of the social media just want short maxi views instead of telling the truth.
Just like most investors want short profits instead of get the truth by investing.
discord has been the heaven of DeFi scammers, if you are going to ask any question in DeFi protocol discord, tons of new friends request come to you with 100% scammers.
In fact what @brian_armstrong did in coinbase is exactly what you describe: build on Ethereum, sell Ether as profits, buy Bitcoin.
What I did wrong in the past few years is the other way, sell Bitcoin to buy Ether and spend Ether as money to buy and build NFT protocols which is really really hurt when Vitalik said: I don’t understand why people spend money on NFT.😂