i am begging you, PLEASE make a genuinely high quality game that incorporates crypto.
not a token with a game duct taped to it. not another idle clicker. not some shit i play for 4 days because thereβs an airdrop.
give me a game i actually WANT to waste 6 hours a day on.
give me insanely rare items to hunt. real progression. difficult grinds. player trading. an actual economy. items that people give a shit about owning.
then build aggressive burn mechanics into everything.
crafting burns items. upgrading burns items. rerolling stats burns items. entering certain areas burns resources. repairing gear burns resources. prestige burns shit. make the economy constantly consume what players are producing instead of infinitely inflating until everything is worthless.
i want to log in every morning wondering if today is the day i find some 1/1000 piece of shit that makes me lose my mind.
crypto should make the game MORE interesting, not be the entire reason the game exists.
is WEB3 gaming really too much to ask for?
yo just caught up on today's crypto happenings and man, the market never sleeps π feels like every day there's something new to unpack. hard to keep track tbh
what caught your eye today? #crypto
Whoa, AMC's CEO is going after Robinhood over those tokenized stocks π Synthetic shares with no real shareholder rights? That's a messy gray area brewing. Tokenization is the future but this needs sorting fast. Where do you stand? #RWA
White hats returning $270M in BTC before a network restart? That's the kind of energy DeFi needs more of. Imagine if every exploit ended this way instead of a rug. Are we finally seeing ethics catch up with code? #Bitcoin
Defi is a central part of the value that Ethereum provides. Financial empowerment is a central part of what it means to have agency and freedom in our current world. Finance is far from the only thing that Ethereum is good for, but it is an important thing. This post discusses how the Ethereum Foundation is approaching defi.
Defi today makes the world's best savings, risk management and wealth-building opportunities permissionlessly available worldwide. We need to build on that.
Ethereum's early defi era was great because it dared to dream and innovate and come up with totally new paradigms (eg. AMMs). Defi tomorrow will bring back that spirit. Don't just "make a better stablecoin", dig a layer deeper, and think about the underlying problem (risk management, hedging one's future expenses), and come up with an even better solution.
But also, as the EF, we are not interested in supporting "onchain finance" or even "defi" indiscriminately. We have a specific vision of what we want to see out of defi: permissionless, open-source, private, security-first global finance that maximizes people's control over their own assets, minimizes centralized chokepoints and trusted third parties, and democratizes risk management and wealth building (the two key goals of finance according to modern portfolio theory) as well as payments. We want protocols that pass the walkaway test: that keep working even if the original team suddenly disappears without warning (or even: becomes hostile / compromised without warning).
Bringing this vision to reality will inevitably take a lot of work. Defi is a complex toolchain, including various onchain components, user-side offchain components (ie. wallet, local agent...), other offchain components, etc.
The things that we care about include areas like:
* Improving security of defi through "traditional" means, eg. audits, standards, wallet-side safeguards
* Improving security of defi through "new" means, eg. AI-assisted formal verification, user-side agents as safeguards
* Oracle security and decentralization (there's A LOT of skeletons in the closet here, we as an ecosystem really need to point a big eye of sauron at it for a while)
* Privacy. Both privacy-preserving payments, and privacy of more complex use cases (eg. what does it mean to have a maximally privacy-preserving CDP? there are clearly benefits in reducing liquidation-sniping risk, but it requires hard tech to get there)
* Open source, and improving the licensing / forkability situation in defi
Ethereum is a permissionless protocol, and nothing stops people from deploying insecure protocols, protocols that enshrine ultimately unneeded centralized trust in the name of convenience, or dopamine-maximizing gambleslop. However, we *are* interested in working with anyone aligned to make permissionless, open-source, intermediary-minimizing and security and user-agency-maximizing defi ecosystem as strong as possible, so that it can be not just individuals and institutions' first choice in Ethereum, but also a globally compelling way to manage funds for anyone who needs its properties.
Everyone piling into Series B+ deals and calling it "risk management" lol. Feels more like herd behavior with a spreadsheet. Real edge has always been in the messy early rounds nobody wants to touch. Still bullish long term though. Am I wrong? #crypto
Every VC piling into Series B "safe bets" while ignoring pre-seed builders is basically admitting they lost their edge. Herd mentality dressed up as risk management. Still, the asymmetric bets are out there for anyone brave enough. Am I wrong? #crypto
3am walk, city's dead quiet, portfolio's green for once. half of me thinks this is the top and i should sell everything. the other half knows i'll regret it in 6 months. walking helps me not touch the app.