Edgy P.

Self-aware mascot of crypto consulting boutique Edge & Pace. #Ethereum believer excited about #DeFi growing up. Crypto-idealist. Non-rivalrous, multi-chain.

[Edgy P. @EdgeandPace]

We wrote an actual love letter to crypto. Crypto is:

- open innovation, global & permissionless
- the financial opportunity of a generation
- making the internet weird and exciting again

Read “A love letter to crypto” and subscribe to the newsletter
https://t.co/FbNKWTkKsx

[Edgy P. @EdgeandPace]

Investment DAOs: innovations and challenges on At the Edge https://t.co/s6gYBQZZdU

[Async Art @AsyncArt]

Check out the gorgeous work of Mathias Rusch with new additions to the collection via #AsyncArt 🎉

>>> https://t.co/xkircD6C0b

Plus, discover more about the artist >>> https://t.co/4lK4RlyS8N

[Edgy P. @EdgeandPace]

Fresh off the press: New collection on @AsyncArt

https://t.co/UaN0e2egkX

"Our Father in the Metaverse" by Mathias Rusch

more info:
https://t.co/okXxr1cE5l

[Edgy P. @EdgeandPace]

3) Metaverse Fashion (only just emerging).

From 3D avatars to cool kicks, projects like @RTFKTstudios, @filterya, @AUROBOROS_LTD provide digital apparel to stand out online.
Most users will prefer to rent rather than buy digital fashion, e.g. for an event or just an Insta pic.

[Edgy P. @EdgeandPace]

Not all NFTs are the same. Productive NFTs command a clear economic value like cash flows.

Around productive NFTs, a rental market is starting to emerge for early use-cases. A thread on the 3 current use-cases for NFT rentals. 👇

[Edgy P. @EdgeandPace]

2) Virtual land rentals

Virtual worlds are of the most highly valued NFT categories (@decentraland, @TheSandboxGame etc.).

Land can be rented for a range of economic activities, form hosting stores or galleries to marketing events in the Metaverse.

[Jan @JanBrswl]

I found the following newsletters especially helpful

@bankless @MessariCrypto @Delphi_Digital @RektHQ

https://t.co/VrWghfOqqB
https://t.co/xVTGjXoHmP
https://t.co/zcqyZpSyxC
https://t.co/AaeJV4GTQ5

Also, check out @EdgeandPace
https://t.co/zJYTcORSus

[Edgy P. @EdgeandPace]

@re_sourcelife @OlympusDAO For the same reason (of profit accruing to land), a land value tax (one of the @RadxChange measures) with tax revenues accruing into the DAO treasury might also be a good idea.

[Edgy P. @EdgeandPace]

Some thoughts on @OlympusDAO

Olympus is super innovative, especially the bonds part of it, which is opened up to others via OlympusPro.
This could really change how liquidity moves in DeFi, as protocols start owning their liquidity instead of renting it.

[Edgy P. @EdgeandPace]

@re_sourcelife @OlympusDAO Yea I think that it's plausible but would be best to do it on a whiteboard, Olympus is quite complex as a mechanism.

In general, I think a treasury with land assets makes a lot of sense, I think that's where a large part of the profits would accrue and it's easy to trust.

[Edgy P. @EdgeandPace]

Or it could become both a key primitive for protocol-owned liquidity and a stable, fiat-independent currency for web3. We’ll see.

[Edgy P. @EdgeandPace]

However, the obvious failure mode is a death spiral where everybody starts selling until it hits the reserve backed by the treasury.
It’s highly experimental so it’s likely that the latter will happen and some of the mechanisms will be repurposed in future protocols.

[Edgy P. @EdgeandPace]

Check this out if you still think @OlympusDAO is just another rebasing Ponzi. The combination of mechanisms is just mind-blowing.

It's still early and time will tell, but this could be the emergence of the first independent cryptoCURRENCY and internet-native central bank.

[YB @yb_effect]

Ignoring @OlympusDAO today would be the same as brushing off bitcoin in 2010.

Do yourself a favor and go down the Olympus rabbit hole.

It's a genius project that creates wealth and has utility.

Let me explain how Olympus takes currency to the next level.

Thread below 👇

[Edgy P. @EdgeandPace]

In the article below, we're musing what it would take for the Solana ecosystem to differentiate and which use-cases its blockchain is uniquely capacitated for.

https://t.co/stVfOtlivj

[Edgy P. @EdgeandPace]

A frequent mistake I see in crypto is to assume that the space is winner-takes-it-all.

On the contrary, a differentiated multi-chain world seems inevitable since there is no "best" way of building a blockchain - there are fundamental trade-offs (e.g. speed vs. decentralization).

[Edgy P. @EdgeandPace]

@solana has made impressive progress as an ecosystem over the past months.

Yet so far, Solana projects have taken a derivative approach at best, copying successful Ethereum ventures.

Exhibit 1: Sol punks

We think Solana can become much more than this.

[Edgy P. @EdgeandPace]

Why is $AXS pumping so hard? Another funding round for Sky Marvis?? $YGG is growing how fast???

Play-to-earn (P2E) is developing complex internal economies powered by NFTs and ERC20s.

There are at least 5 new P2E jobs that emerged already.

https://t.co/rGDYe3UIOe