Rare foundational innovation by a big Web2 company signals more Web2 businesses embracing Web3 in this bear market. But beware, PYUSD's high centralization may not sit well with the Native Web3 community.
Posts by KJ | 1️⃣🧩🔬
Good show. Big fan of Lip😁😁
If you've mastered 2 & 3 but still overwhelmed, consider 1. Or perhaps, it's time to find a partner.
Three strategies to boost productivity:
1️⃣More hours: Start early, end late. But remember, rest is crucial too!
2️⃣Automation: Utilize apps and establish procedures for a smooth workflow.
3️⃣Delegate: Outsource tasks to your team. Focus on overseeing rather than doing.
Kudos to Google! Web2 companies should open their minds and embrace Web3 technology. This partnership could transform the platform's revenue model. Google Play's new policy allowing NFTs in apps and games is a significant step towards a more immersive and user-centric digital experience.
True use case for Web3? Ownership! Meta's Threads, powered by ActivityPub, aims to let influencers 'own their audiences' - they can take their audience and content across platforms. While Threads isn't fully decentralized, it's a significant stride towards a Web3 Social future.
5/5 - While most stablecoins and lending pools have adopted the Decentralized Brokers model, the trend seems to lean towards the Protocol approach. The future of DeFi lending could benefit from more trustless and general protocols.
4/5 - Protocols aim to be general, maximizing the range of applications that can be built on top. This can lead to a significant network effect, but also to liquidity fragmentation.
3/5 - Protocols, like Uniswap, Liquity, or Ajna, are trustless and general DeFi primitives. They minimize trust assumptions and are 'complete' for their specific use case. However, they may face challenges in adaptability and efficiency.
2/5 - Decentralized Brokers, like Aave or Maker, require active human intervention for operations. They have a flexible, managed codebase and rely on economic and statistical models. However, this approach can compromise security and adds trust assumptions.
1/5 - DeFi is at a crossroads, with builders choosing between Decentralized Brokers and Protocols. Decentralized Brokers are akin to TradFi funds with onchain infrastructure and decentralized governance, while Protocols are trustless financial primitives.
Decentralized Brokers, like Aave or Maker, require active human intervention for operations. They have a flexible, managed codebase and rely on economic and statistical models. However, this approach can compromise security and adds trust assumptions.
Exciting to see Moonbirds launching its own token and offering more IRL rewards. But I wonder if NFT PFPs are what web3 newcomers truly need in the next bull run. Some utilities like 'Limited Edition Merch', 'Exclusive Events', and 'Allowlists' seem more hype than substance.
GMFER
Crypto venture capital investments surged 34% in May, marking the second consecutive month of growth despite economic concerns. The crypto VC market saw $1.1 billion in investments, the first time surpassing $1 billion since Sep 2022.
👁️As courts demand more data from Kraken, we can expect tighter regulations on CEXs 📊. This could build trust among traditional investors. Meanwhile, those seeking privacy might pivot to DEXs for a truly decentralized experience 🔄.
Azuki: Control C+V = 20,000 ETH🤑🤑🤑🤑Welcome to the NFT game!
🎧 Just tuned into Ken's chat with Electric Capital! Insightful dive into Web2 vs Web3 investment theses🌐, tips on being a savvy VC💡, and regulatory landscapes🏛️. Most compelling was his emphasis on a key investment principle: Assessing real-world problem-solving by startups🚀. #Web3 #InvestingTips
Thrilled to see #Web3 companies harnessing #AI for practical solutions. As I've long maintained, AI's potential is game-changing for code & #DeFi auditing in #Web3. The synergy of DeFi + AI is unveiling an array of new possibilities. 🚀🔗 #Blockchain #TechInnovation #Fintech
RSS3 ChatGPT plugin has been officially approved by @openai.bsky.social : As the first Web3-oriented plugin. Web3 User Activity plugin by RSS3 helps you access the 380 million items indexed from the Open Web.
Often asked about #AI use cases like #ChatGPT. But what about #Web3? I believe #DeFi is key for mass adoption - showcasing core benefits of web3 & crypto. It's high time big corporates harness crypto for reduced transaction fees & increased efficiency.🚀 #Blockchain #Innovation"
SAP is launching a pre-view of the SAP Digital Currency Hub - testing cross-border payments for their customers with $USDC.
LFG🫡
EDX Markets lunched! The 'semi-national team' has entered the field, and they are also doing something relatively native - a non-custodial exchange. This indicates that compliance is expected to be achieved in a period of time and the non-custodial exchange can be accepted by the government.