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Mr. V | mariokondo.ethMoloch - The root of all problems?
1/ I listened to @Liv_Boeree on the @lexfridman podcast talking about #Moloch. It inspired me to write a Thread about this phenomenon & why this ancient demon god is responsible for so many problems we face today. 🧵 I hope you enjoy the thread and my thoughts about #MolochMoloch in Metropolis 1927Who is Moloch?2/ #Moloch originates from the Canaanite religion and was a demon god who gave power to tribes to win wars but in return, they had to sacrifice their children to Moloch. The essence is...
Mr. V | mariokondo.ethThe Crypto Revolution - Josh Rosenthal on the Bankless HQ Podcast
Joshua Rosenthal PhD in History is a crypto-native historian and talked about the parallels between the Renaissance, American Revolution, and #Crypto and how we can learn from history. If you missed it, this article is for you:Let’s travel to medieval timesImagine yourself as a medieval peasant. After centuries of static, permission society ruled by kings, two decentralized technologies converged: Ledger-based financial primitives (double-entry bookkeeping) and new permissionless communicatio...
Mr. V | mariokondo.ethBrave New World vs. 1984
How will the future look? "1984" or "Brave New World"? 🧵 A thread comparing the two books and my take on which course we're currently taking.Before we talk about our current path, let's understand the content of both books. Let's start with Orwell: Orwellian surveillance state in 1984: A society governed by a big brother ➡️ Propaganda & Censorship as key tools https://twitter.com/SizweLo/status/1425455068556451842 #Huxley, on the other hand, envisions a hedonistic "pleasure so...
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Mr. V | mariokondo.ethMoloch - The root of all problems?
1/ I listened to @Liv_Boeree on the @lexfridman podcast talking about #Moloch. It inspired me to write a Thread about this phenomenon & why this ancient demon god is responsible for so many problems we face today. 🧵 I hope you enjoy the thread and my thoughts about #MolochMoloch in Metropolis 1927Who is Moloch?2/ #Moloch originates from the Canaanite religion and was a demon god who gave power to tribes to win wars but in return, they had to sacrifice their children to Moloch. The essence is...
Mr. V | mariokondo.ethThe Crypto Revolution - Josh Rosenthal on the Bankless HQ Podcast
Joshua Rosenthal PhD in History is a crypto-native historian and talked about the parallels between the Renaissance, American Revolution, and #Crypto and how we can learn from history. If you missed it, this article is for you:Let’s travel to medieval timesImagine yourself as a medieval peasant. After centuries of static, permission society ruled by kings, two decentralized technologies converged: Ledger-based financial primitives (double-entry bookkeeping) and new permissionless communicatio...
Mr. V | mariokondo.ethBrave New World vs. 1984
How will the future look? "1984" or "Brave New World"? 🧵 A thread comparing the two books and my take on which course we're currently taking.Before we talk about our current path, let's understand the content of both books. Let's start with Orwell: Orwellian surveillance state in 1984: A society governed by a big brother ➡️ Propaganda & Censorship as key tools https://twitter.com/SizweLo/status/1425455068556451842 #Huxley, on the other hand, envisions a hedonistic "pleasure so...
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"#Crypto/web3 is only for greedy traders & has no use cases". Total BS and today I want to give you an example of why I love this ecosystem so much: https://indexafrica.io is the first African indexer on @graphprotocol and invented for Decentralized Philanthropy (#DePhi).
First, let's look at the @graphprotocol: The Graph is an indexing protocol for querying networks like #Ethereum and #IPFS via subgraph. If you are an indexer you receive query fees and indexing rewards each time someone uses the query you indexed
If you don't have to infrastructure run a node as an indexer, you can delegate money (#GRT token) to an indexer and strengthen the protocol security and scalability of the indexer. Additionally, the delegator receives a share from the indexer query fees
So far this is standard graph implementation. Now index-africa.eth comes along and contributes a portion of the indexer rewards to the https://goodworkfoundation.org. As a delegator, you also earn a portion of the rewards that your stake generated. Sounds abstract? It means that donations towards Good Work Foundation can be made via delegating GRT to Index Africa: Ending the constant need for further donations because the rewards are will be used continuously to fund Good Work Foundation.
It's a Win-Win-Win Situation: Index Africa earns from rewards, delegators can stake for as long as they want & receive delegator rewards, and most important: Good Work earns rewards & has a continuous stream of donations through rewards = Decentralized Philantrophy #DePhi
Since launching in January 2021, Index Africa has been testing the prototypical #DePhi model and to date has already impacted the lives of over 200 rural learners in South Africa. In time, these students will gain #web3 skills to leverage the power of the new ecosystem.
It's time to redefine #philanthropy by moving away from legacy donation models and towards a new model, where Delegators can play a part in funding entire learning centers and #web3 academies like @graphrica. True #Ubuntu mentality.
Recommended Reading:
"#Crypto/web3 is only for greedy traders & has no use cases". Total BS and today I want to give you an example of why I love this ecosystem so much: https://indexafrica.io is the first African indexer on @graphprotocol and invented for Decentralized Philanthropy (#DePhi).
First, let's look at the @graphprotocol: The Graph is an indexing protocol for querying networks like #Ethereum and #IPFS via subgraph. If you are an indexer you receive query fees and indexing rewards each time someone uses the query you indexed
If you don't have to infrastructure run a node as an indexer, you can delegate money (#GRT token) to an indexer and strengthen the protocol security and scalability of the indexer. Additionally, the delegator receives a share from the indexer query fees
So far this is standard graph implementation. Now index-africa.eth comes along and contributes a portion of the indexer rewards to the https://goodworkfoundation.org. As a delegator, you also earn a portion of the rewards that your stake generated. Sounds abstract? It means that donations towards Good Work Foundation can be made via delegating GRT to Index Africa: Ending the constant need for further donations because the rewards are will be used continuously to fund Good Work Foundation.
It's a Win-Win-Win Situation: Index Africa earns from rewards, delegators can stake for as long as they want & receive delegator rewards, and most important: Good Work earns rewards & has a continuous stream of donations through rewards = Decentralized Philantrophy #DePhi
Since launching in January 2021, Index Africa has been testing the prototypical #DePhi model and to date has already impacted the lives of over 200 rural learners in South Africa. In time, these students will gain #web3 skills to leverage the power of the new ecosystem.
It's time to redefine #philanthropy by moving away from legacy donation models and towards a new model, where Delegators can play a part in funding entire learning centers and #web3 academies like @graphrica. True #Ubuntu mentality.
Recommended Reading:
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