lisagansky

earthling. 🌎 serial instigator. entrepreneur. speaker. focus: #regeneration #Trust #web3 #decentral #p2p #interdependence #decarb

[Boson @BosonProtocol]

Launching today: @SuperchiefNFT to sell millions of US dollars worth of rare artwork on @BosonProtocol !

Boson Protocol TVL has increased by over $5 million USD. The Era of adoption has started…

Read on (and watch) for what this means 👇(Lots of Alpha Leaks)

[lisagansky @instigating]

@SEUR_responde hola de nuevo. Todavia… aqui estoy eaperando por el numero para recoger el pedido… puede ayudarme, Porta??

[lisagansky @instigating]

@SEUR hola! Porfavor: Estamos Esperanto por un paco despues cambiando lo direccion… imposible hablar con una persona para intercepta nuestro paquete y ahorra el co2 ¡por favor no devuelvas el envío! (9959601)

Porfavor!!! Gracias. Merci.

[lisagansky @instigating]

Stirring things up: growing @FermionProtocol network of sellers plumping up the supply side of RWA valuable enough to verify. Become a Sourcerer!

[Fermion Protocol @FermionProtocol]

https://t.co/Y73iKVv8AP

[a16z crypto @a16zcrypto]

An important bill that helps our industry: Why it matters, and what you can do ⤵️

By the end of this month, the House of Representatives is going to vote on a major bill (HR 4763) — one that we think you should pay attention to. It’s called the Financial Innovation and Technology for the 21st Century Act aka FIT21, and it could make regulating crypto in the U.S. much clearer for everyone working in the industry or wanting to build in this space.

If this bill passes, it should:

- give blockchain projects a pathway to safely and effectively launch in the United States;
- clarify the line between the SEC and CFTC on who regulates what in crypto, and whether digital assets are a security or a commodity;
- ensure oversight of crypto exchanges, and further protect American consumers by implementing rules on crypto trading.

Why it matters: the big picture
Even though the crypto industry has been around for over a decade, there hasn’t been a comprehensive regulatory framework for digital assets in the United States. Our current regulatory framework is fragmented, incomplete, and lacking in clarity. This regulatory uncertainty has not only created a confusing environment for innovation, it has created a feeding ground for bad actors. As we’ve seen, ill-intentioned firms and individuals can easily launch products that take advantage of regulatory gaps.

Meanwhile, responsible actors — legitimate entrepreneurs and startups — have been subject to dubious “regulation-by-enforcement”. This approach hurts American innovation, especially while other countries innovate, and is not good for the long-term dominance of the U.S. dollar, for U.S. consumers, and for the U.S. economy overall. When other jurisdictions offer appropriately calibrated regulatory regimes, it leads startup activity to move abroad. This isn’t an abstract concern: Startups generate jobs, economic value, and can lead to the next big technology companies. For instance, Amazon, Apple, Facebook, Google, Microsoft, Netflix, NVIDIA, and Salesforce all started in the United States — some only within the last 20 years — and not only dominate market cap today, but our daily lives as well. With FIT21 creating a supportive environment for innovation, crypto could have the same potential — yet without creating big tech companies that act as the gatekeeping few for the many.

Whatever you think of crypto, it is more than just a financial opportunity — it represents an important technological platform shift, much like personal computing, mobile phones, and the internet changed our world. And while the internet is one of the most important technological innovations in human history, it is failing the very people who depend upon it today: consumers, creators, and developers. Blockchains, crypto, and web3 can help address this in a number of ways: from proof of authenticity against deep fakes and proof of personhood against AI, to more voice and choice in social media platforms, to more inclusive payments systems, and much, much more. But we need a supportive environment for these innovations to continue developing in the United States.

What’s in the bill?
FIT21 tries to ensure a regulatory environment that will allow blockchain technologies to flourish in a way that also protects U.S. markets and consumers. More specifically, the FIT21 bill/ HR 4763 establishes a regulatory framework for U.S. digital assets markets to:

…Address the unique structure of digital assets — thus supporting the unique needs of a new technology and its opportunities;

…Provide for clear, robust consumer protections — thus supporting the goal of protecting consumers while enabling innovation;

…Clarify which digital assets are regulated by the Commodity Futures Trading Commission (CFTC) and which by the Securities and Exchange Commission (SEC). This is important because of the key differences between the definitions of “commodities” vs. “securities”, which have consequences for how they are regulated. Specifically:

The CFTC would regulate a digital asset as a commodity “if the blockchain, or digital ledger, on which it runs is functional and decentralized”.
The SEC would regulate a digital asset as a security “if its associated blockchain is functional but not decentralized”.
The bill defines decentralization as, “if, among other requirements, no person has unilateral authority to control the blockchain or its usage, and no issuer or affiliated person has control of 20% or more of the digital asset or the voting power of the digital asset”.

The bill also establishes other consumer protection requirements such as segregation of customer funds; lock-up periods for token insiders (to incentivize innovation not just speculation); limitations on annual sales volumes; and disclosure requirements. These are not unlike the protections regulators implemented following the Great Depression, after the excesses of the roaring 1920s and stock market crash of 1929 — once those guide rails were in place, the U.S. saw an unprecedented era of growth and innovation in our markets and economy.

What’s not in the bill?
Some within the industry have voiced concern that the bill gives the SEC too much jurisdiction by providing a very high bar for decentralization — as well as the ability to claw back any tokens or projects that become “re-centralized”. There are other concerns that the bill doesn’t provide harder lines between SEC and CFTC jurisdiction.

However, the bill, while not perfect, will give the crypto industry the regulatory certainty it needs to continue to operate — and innovate — in the United States.

Some have asked, why have any regulation at all? It’s unrealistic to think there can be no regulation, and more clarity is better than having confusing rules. Regulation, along with a clear path to compliance for businesses, allows innovators to build trust, and useful products, for the public — while holding any ill-intentioned actors more accountable.

Who is behind the bill?
The FIT21 bill was a joint effort by the House Committee on Financial Services (which oversees the SEC) and the House Committee on Agriculture (which oversees the CFTC) — with input from the industry. Last July, the bill was passed out of the Financial Services Committee with the support of six Democrats and all Republicans on the committee, while passing by unanimous consent through the Agricultural Committees. It has continued to garner bi-partisan support since.

Why now, and what can you do to help?
Happening in the next couple weeks, the vote on the bill will be a referendum on crypto in the United States. It’s therefore imperative it passes with strong bipartisan support. After that, it would need to be passed by the Senate and signed by the President to become a law.

[lisagansky @instigating]

@m2jr @AcquiredFM @gilbert @djrosent @m2jr amazing really what an impact he and MSFT has had on tech, science, enterprise design, cities, gov… shaping the world. You’ve hit the ground running too!! @floodgatefund and all the people you’ve touched! Thanks for sharing that episode & your pov.

[Justin Banon - @BosonProtocol @JBanon]

Alpha leak 🎖️🫧
Boson roadmap about to be released-
Major protocol upgrade imminent
> Price discovery = auctions and bonding curves of tokenized physical assets. Do physical / phygital drops of products on your own site.
> Perpetual royalties + secondary rugpull protection - Boson will support secondary sales of redeemable NFTs in-protocol. This prevents rugpulls where Buyer1 sells rNFT to Buyer2 at a higher price on external marketplace, then Seller doesn't deliver and Buyer2 can only receive original Buyer1 funds. Instead Buyer2 buys in-protocol, Boson ensures that all Buyers receive their money back in event of Seller default.
This provides a strong incentive for Buyers to use Boson for secondary sales. In which case Boson can filter royalties on secondary sales of physical / phygital items to Sellers. This solves 2 big problems: how to enable secondary royalties on NFTs? How to enable secondary royalties on physical items.

[lisagansky @instigating]

@JBanon @JeffBezos Let’s queue that one up!!

[Token Engineering Academy @tokengineering]

2/ Tokenizing real-world assets promises many benefits. However, enforcing/verifying ownership of non-digital goods via tokens is generally impossible.

We need additional #GameTheory & incentive design. Read about @BosonProtocol's core exchange mechanism using redeemable #NFTs.

[Boson @BosonProtocol]

🎉 Momentous times for Boson! Recently, we've achieved our goal from the 2019 & 2022 whitepapers:

"Building decentralized commerce infrastructure for the Web3 economy"

Check out our masterplan pt3👉https://t.co/chhAtVlBS8

[Bitgreen Network @BitgreenNetwork]

🌎 Shell Scraps Its $100M Carbon Offset Plan 🌿

Europe’s biggest oil major, Shell, secretly ditched its plan to spend $100M a year on carbon credits, which is the largest offset program among corporations.

(1/9)...🧵👇

https://t.co/ZQMTjFuxZy

[lisagansky @instigating]

@boichikbagels happy pride! happy A’s. Please deliver custom bagels for big birthday as promised!!! #bagellove #94years

[lisagansky @instigating]

Providing essential tools for #commerce @BosonProtocol unveils Metaverse kit at #FashionWeek @decentraland @OutlierVentures @JBanon @sytaylor @WooCommerce @tajforer @ProductHunt

[Boson @BosonProtocol]

This year at Metaverse Fashion Week Boson Protocol is launching the new @decentraland Boson Metaverse Commerce Toolkit🛠️

Speakers for this panel are @JBanon [Co-founder of Boson], @mischat [CTO of Boson], and Sukrita Sundar [Global Director of Commerce, Boson] ⚛️

[lisagansky @instigating]

Instigating Daily (aka Mesh) is out! https://t.co/eT7bPYZ8Re Stories via @GreenBiz

[lisagansky @instigating]

Trust & #value urgently reimagined: conspicuous calls for new rigor for confidence esp #KYC #AML #risk @LedaGlyptis @sytaylor @arbesman @mddelphis @mashacilliers

[Laura Spiekerman @lauraspiekerman]

How banks and fintechs can prepare for more fraud amid Silicon Valley Bank shutdown https://t.co/eKqNFD2nxC

[lisagansky @instigating]

Instigating Daily (aka Mesh) is out! https://t.co/Ee4p4OVX63 Stories via @alifeinbooks @OneCommunityAda #thesharingeconomy #cardano

[lisagansky @instigating]

@LedaGlyptis @Finovate @TanyaBankTech @FinTech_Futures @LedaGlyptis congratulations!! Finally, a book with your insights, warnings and wisdom;-) #changethis

[lisagansky @instigating]

Spring forward: major leap in home cooking from gas to induction. No indoor pollution. Hyper-efficient heat for cooking. Gov $. @otherlab @rewiringamerica @RewiringAus @GreenBiz @rmchase @gfriend @emilykirsch @andrewbeebe

[Rewiring America @rewiringamerica]

“With induction, energy is transferred directly from electricity to the iron in a cooking pan, through a magnetic field. If this sounds like Star Trek, it is, you're welcome, we made it.” On the-future-is-now power of induction stoves via @ImportantNotImp: https://t.co/RTgohNoaim

[lisagansky @instigating]

@sytaylor could also help to ‘educate’ #startups re risk and rebalancing risk as a discipline and necessary practice. #scartissue

[lisagansky @instigating]

Instigating Daily (aka Mesh) is out! https://t.co/KZOwQOqEeq Stories via @thinkers360 @GreenBiz @arstechnica #blockchain #marketing