In the world of Crypto, there are basically 2 categories of assets. Category 1 = Pure “stores-of-value” where perceived value is in “the eye of the beholder” based on notions of scarcity/collectability. BTC and NFTs fall into Category 1.
When you don’t have any of the Exit Strategies of Categories 1-3 and you are 100% reliant on the “Greater Fool” to pay an ever-increasing price, you have to ask yourself: 1) What would make that Greater Fool to do that, 2) what happens if the Greater Fool changes his/her mind?
1/ Four members of the Senate Agriculture Committee just introduced the Digital Commodities Consumer Protection Act, the third bill this year making the CFTC primary regulator for crypto spot markets.
It's a good bill overall & confirms a growing consensus for CFTC regulation.
And if you're in the process of designing a token, I highly recommend referencing/following Spencer's thoughts on what great token design looks like https://t.co/aPHzn7CE0Q
Polygon is one of the most exciting projects in crypto.
$MATIC has been one of the best performers during this bear market, after announcing key partnerships with Disney, Meta, Stripe and Reddit.
🧵: The ULTIMATE thread on Polygon and its potential in 2022 and beyond. 👇
(1/17) Heard of The World Computer, but not sure how @ethereum possibly qualifies?
You need to learn about virtual machines, the EVM and how Ethereum provides a common, trusted and secure computing environment.
After this thread, you’ll never think of Ethereum the same again!
How can P2E gaming become a sustainable business??
I analyzed popular P2E games (Axie, STEPN) and traditional games (Fortnite, Minecraft) to figure out the best business model for the future of gaming.
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