Startup idea: a service that distributes a startup’s funds across every FDIC-insured bank in chunks of 250k and manages deposits/withdrawals as an abstraction layer.
@kylascan@mdkill Easy: bank took depositor funds, invested in long-term TBills with 5% yield. Market value dropped, now assets < liabilities. Challenge ahead to balance books and meet financial obligations to depositors
Somehow traders took a hot U.S. jobs print, at least on the headline level, as reason to lower their expectations for terminal Fed funds rates. I don't understand this.
A thread...
I started in this business almost 25 (!) years ago.
In that time, I have transitioned through the .com boom/bust, Sept 11, the RE boom/subsequent GFC, the Euro sovereign crisis, the '18 volmageddon, the '19 repo crisis, the Covid crisis & the '22 Fed hiking cycle.
1/
@elonmusk@cb_doge@mayemusk@Tesla@Twitter Tweets should be NFTs where the creator receives the most revenue regarding ads. And even if the creator takes the NFT to another platform Twitter (and others on the chain of platforms) could receive fees 'cause of initial network effects provided to the creator.
@cocacolasante@_buildspace that makes a lot of sense, something like the issuer allows the nft/ticket to be burned (contract enables action) and holders are requested to burn them (execution of burn function) to get access to the event.
@BenjiBertram @_buildspace I would try to use a more catchy name like CryptoLand or CrypEstate?
What will run on web3? a smart contract that locks the funds and releases them accordingly? or it will verify my wallet as the current tenant and auth my access to the rental?
Really interesting, huge market 😍
@CryptoXcel@_buildspace The name is perfect, that's key.
I assume you would be cross-referencing data at a continuous pace, so have you considered any risk mgt tools (like stop-loss or position limits)? I'll try to integrate with social media to "sense" how certain NFTs are doing...
@shweta_kale1@_buildspace If you can combine challenges uploaded into Github and comments from employees from social media this would be a tool I would gladly pay for.
If the tool can show better solutions for the challenges, that would be a great catchy feature.
@PawelUFLD @_buildspace I really like the idea and to me has a lot of potentials. I would think about two things: how can you prevent one from submitting multiple votes but also not force participants to some KYC tool to assure the prior.
My first vote: change the name to CryptoBallot 🗳️
I've taken the oath to become a @solana legend w/ @_buildspace
The plan is to:
✍️ launch an NFT collection
🦀 write a custom staking program using Rust
💰 build a web app to let users interact w/ it
🚀 deploy it to Solana
Time to surf some glass 🏄
Very excited about @_buildspace tomorrow. Being alumni and seeing the project grow this far and big is very inspiring.
Can't wait 🏗️🚀 (give us a hint @FarzaTV 🙏)