Tokenomics: Understanding the Value of Crypto, NFTs, and DAOs | Shelly Palmer
What’s the best cryptocurrency to invest in? Will the value of this NFT go up? Is the DAO I’ve been thinking about worth joining? How much BTC should I buy? Is this stablecoin really stable? How much can I really earn from this Web 3 or metaverse “play to earn” game? After you get excited about a project, your next step should be a deep dive into its tokenomics – it’s the key to understanding the true value of any token-based investment.What Are Tokens?The world of decentralized finance (DeFi...
Tokenomics: Understanding the Value of Crypto, NFTs, and DAOs | Shelly Palmer
What’s the best cryptocurrency to invest in? Will the value of this NFT go up? Is the DAO I’ve been thinking about worth joining? How much BTC should I buy? Is this stablecoin really stable? How much can I really earn from this Web 3 or metaverse “play to earn” game? After you get excited about a project, your next step should be a deep dive into its tokenomics – it’s the key to understanding the true value of any token-based investment.What Are Tokens?The world of decentralized finance (DeFi...
The Tao of a DAO | Shelly Palmer
November 7, 2021 by Shelly PalmerDAO Yin and YangFor all practical purposes, a DAO (Decentralized Autonomous Organization) is “a group chat with a shared bank account.” So why are so many people (myself included) so excited about DAOs? Because, objectively speaking, the best organized groups are the most successful, and DAOs enhance and accelerate the ability to organize at scale. Let’s go over the basics.What Is a DAO?Aragon, an open-source DAO infrastructure provider, defines a DAO as “an i...
The Tao of a DAO | Shelly Palmer
November 7, 2021 by Shelly PalmerDAO Yin and YangFor all practical purposes, a DAO (Decentralized Autonomous Organization) is “a group chat with a shared bank account.” So why are so many people (myself included) so excited about DAOs? Because, objectively speaking, the best organized groups are the most successful, and DAOs enhance and accelerate the ability to organize at scale. Let’s go over the basics.What Is a DAO?Aragon, an open-source DAO infrastructure provider, defines a DAO as “an i...
The Metazoic Era | Shelly Palmer
As we transition from the Cenozoic Era (the age of mammals) to the Metazoic Era (the age of metaverses), it should be noted that the vast majority of people entrapped and addicted to social media already live in a metaverse. Social media platforms have nothing to do with reality; the environments depict aspirational worlds where everyone is their very best self. In the metaverse (meta: to describe, verse: egotistically short for universe), everyone lives their ideal lives, visits amazing plac...
The Metazoic Era | Shelly Palmer
As we transition from the Cenozoic Era (the age of mammals) to the Metazoic Era (the age of metaverses), it should be noted that the vast majority of people entrapped and addicted to social media already live in a metaverse. Social media platforms have nothing to do with reality; the environments depict aspirational worlds where everyone is their very best self. In the metaverse (meta: to describe, verse: egotistically short for universe), everyone lives their ideal lives, visits amazing plac...
Crypto is NOT for technophobes | Shelly Palmer
Crypto under the mattress probably isn't safe.During an upgrade to the Compound platform, a bug caused the system to transfer close to $90 million in COMP (their cryptocurrency) to random users. In a desperate tweet, Compound’s CEO begged the users to give the money back. He threatened to dox the users. (That’s a slang term for making user identities public or, in this case, reporting them to the IRS.) Then offered a 10 percent reward for “doing the right thing.” There are many crisis ma...
Crypto is NOT for technophobes | Shelly Palmer
Crypto under the mattress probably isn't safe.During an upgrade to the Compound platform, a bug caused the system to transfer close to $90 million in COMP (their cryptocurrency) to random users. In a desperate tweet, Compound’s CEO begged the users to give the money back. He threatened to dox the users. (That’s a slang term for making user identities public or, in this case, reporting them to the IRS.) Then offered a 10 percent reward for “doing the right thing.” There are many crisis ma...
