For me, the most interesting part of blockchain technology is that you can provide much richer and more advanced protocols. They have the best features of Web One in that they’re governed in a decentralized way, and in a way that the rules are fixed and people can build on them and invest in them and know that the rules won’t change. But they have more advanced functionality than protocols of the Web One era.
I hopped on @eriktorenberg’s Venture Stories podcast with @cyounessi1 and @tonysheng to discuss my investment thesis on Ether as well as—
• Open Finance
• the new “Blockchain not Bitcoin”
• why Ethereum can already scale today
• and much more!
- 9 days ago
ETH market cap down to $22 billion. It’s hard to see ETH ever heading below $10 billion. (50% from here.)
+ EOS raised $5B, and has no ecosystem yet. Is ETH not 2x as valuable to investors?
+ ETH still only battle tested smart contract platform, all ERC-20 activity rests on top.
- 12 days ago
Ever since CryptoKitties, ERC-721 has quickly become the de facto Ethereum standard for creating unique, digital assets known as non-fungible tokens (NFTs). ERC-721 tokens can represent anything from kittens to collectible baseball players. [...] ERC-998 acts as an extension of ERC-721, allowing you to “compose” a new token from a group of ERC-721 assets.
1/ Dapps are experiments in incentivizing new behaviors. Those dapps trying to replace centralized services have to create benefits that outweigh the immense costs of leaving current, dominant networks. To do this, we have to start by asking the right questions.
- 2 months ago
Among those creating innovative platforms that empower influencers and bring greater creativity, flexibility and meaning to influencer-follower relationships are companies like BOOSTO, PATRON and Hunter Corp Records. These companies aim to shift authority away from social media platforms and digital distribution services, putting it back into the hands of artists and content creators.