xuanling11Crypto Paycheck
Photo by Mario Gogh on UnsplashEmployees will receive their paycheck in the period as a reward for their work. However, the employer wants to pay less to employees so that they can have maximum profits. The tension between working and anti-working has increased ever since. TL;DR Nobody wants to work unless they can pay fairly. Fiat payment may not be sustainable to satisfy what workers can contribute if the employer continues paying less and gaining more from profits. Employees will want thei...
xuanling11Defi Review #4: AAVE The Defi Lending Services
AAVE is a decentralized finance lending service before decentralized finance even existed. It is an innovation lending service in crypto and one of the first kind. However, the lending service may only restrict to the crypto community and it may expand into the traditional financial field later. TL;DR AAVE is a crypto lending financial service which to provides lending services to the crypto community. They focus on security and smart contract lending may be the future of financial services. ...
xuanling11Stablecoin Crisis
Stablecoin is in the crisis mode. The most reputable stablecoin USDC is depegged. It is all triggered by the traditional bank collapse - Silicon Valley Bank or SVB collapse. Why traditional bank collapse impacts crypto stablecoin? Let's sort this out and reveal how stablecoin operates. First, why SVB collapse? The short answer is overleveraged. SVB is one of the 20 largest commercial banking in the United States. Some even estimate the bank owned half of startup assets. Bank operated in ...
xuanling11Crypto Paycheck
Photo by Mario Gogh on UnsplashEmployees will receive their paycheck in the period as a reward for their work. However, the employer wants to pay less to employees so that they can have maximum profits. The tension between working and anti-working has increased ever since. TL;DR Nobody wants to work unless they can pay fairly. Fiat payment may not be sustainable to satisfy what workers can contribute if the employer continues paying less and gaining more from profits. Employees will want thei...
xuanling11Defi Review #4: AAVE The Defi Lending Services
AAVE is a decentralized finance lending service before decentralized finance even existed. It is an innovation lending service in crypto and one of the first kind. However, the lending service may only restrict to the crypto community and it may expand into the traditional financial field later. TL;DR AAVE is a crypto lending financial service which to provides lending services to the crypto community. They focus on security and smart contract lending may be the future of financial services. ...
xuanling11Stablecoin Crisis
Stablecoin is in the crisis mode. The most reputable stablecoin USDC is depegged. It is all triggered by the traditional bank collapse - Silicon Valley Bank or SVB collapse. Why traditional bank collapse impacts crypto stablecoin? Let's sort this out and reveal how stablecoin operates. First, why SVB collapse? The short answer is overleveraged. SVB is one of the 20 largest commercial banking in the United States. Some even estimate the bank owned half of startup assets. Bank operated in ...
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Metaverse is not just 3D modeling for the existing world. So why bother to remodel every physical world in a 3D model? Why do we need Metaverse anyway? I think Metaverse is a digital world that runs by programmable rules and voting governance to improve with digital citizens.
TL;DR
NFTs-Base communities use NFTs as their identification tool and gather members together to work or play or interact within the digital communities. They share the same beliefs and work together toward the same goal. Those NFTs are the proofs.
Here is a 1 min summary of the article if you want to skip the reading.
What Is Metaverse
The definition of Metaverse is up to you to define. Corporations like Facebook (Meta), Coinbase, and others want to help. However, they will like to invite you to play by their rules. As a result, you will lose the ability to create your own rules and run with the future you believe it will be.
Why Metaverse
Social media is an incredible creation of Web2. However, it makes our society the worst of the kind. Many mental health issues are related to social media, and there are no solutions to cure them because the companies that lead Web2 either do not care or it is their business model to make profits out of you. A new system is urgently needed to replace the old practice and help people stay away from Web2 influence. Unfortunately, simply shutting down the internet will not make everyone change. Metaverse is an alternative solution to help people find themselves in the world of rules they are empowered to create or agree to join.
How Metaverse Help to Build Digital Communities
Similar to NFTs, Metaverse can also help to build a digital community. NFTs are part of Metaverse. Metaverse can have many layers of digital platforms. Every crypto project or platform can be integrated into Metaverse. Each layer can have its own communities, and each community can interact with others and create new communities. The future city may exist only in Metaverse with citizens’ unique identifications.
Metaverse Living
There are many aspects of living in the Metaverse, including gaming, NFTs, building up communities, video streams, or many other possibilities. The goal is to live a better and healthy lifestyle in Metaverse. A better place to live will have better privacy rules and more tools to empower individuals.
Metaverse Digital Identity
You are one of the unique individuals in the Metaverse. Your identity will be your footprint to mark everywhere in the Metaverse world. You can accumulate creators and activities in Metaverse. Those footprints make you unique.
Metaverse Is A Movie You Can Write Your Own Scripts
Metaverse can offer you tools to create your own future. You can work and live in Metaverse. You can make Metaverse rules or even create your communities. The place has unlimited possibilities. Do not let others lead you and push their futures into you. You will lead your future.
The Future of Metaverse
Metaverse’s future depends on you. You will have the ability to build a Metaverse or join others’ Metaverse. It will have multiple platforms to interact with different people and communities.
In Conclusion
Metaverse is a way to define your future through a digital platform. The possibilities are unlimited.
Stay tuned for the 2022 Prediction #9: Web2 Companies’ FOMO
Metaverse is not just 3D modeling for the existing world. So why bother to remodel every physical world in a 3D model? Why do we need Metaverse anyway? I think Metaverse is a digital world that runs by programmable rules and voting governance to improve with digital citizens.
TL;DR
NFTs-Base communities use NFTs as their identification tool and gather members together to work or play or interact within the digital communities. They share the same beliefs and work together toward the same goal. Those NFTs are the proofs.
Here is a 1 min summary of the article if you want to skip the reading.
What Is Metaverse
The definition of Metaverse is up to you to define. Corporations like Facebook (Meta), Coinbase, and others want to help. However, they will like to invite you to play by their rules. As a result, you will lose the ability to create your own rules and run with the future you believe it will be.
Why Metaverse
Social media is an incredible creation of Web2. However, it makes our society the worst of the kind. Many mental health issues are related to social media, and there are no solutions to cure them because the companies that lead Web2 either do not care or it is their business model to make profits out of you. A new system is urgently needed to replace the old practice and help people stay away from Web2 influence. Unfortunately, simply shutting down the internet will not make everyone change. Metaverse is an alternative solution to help people find themselves in the world of rules they are empowered to create or agree to join.
How Metaverse Help to Build Digital Communities
Similar to NFTs, Metaverse can also help to build a digital community. NFTs are part of Metaverse. Metaverse can have many layers of digital platforms. Every crypto project or platform can be integrated into Metaverse. Each layer can have its own communities, and each community can interact with others and create new communities. The future city may exist only in Metaverse with citizens’ unique identifications.
Metaverse Living
There are many aspects of living in the Metaverse, including gaming, NFTs, building up communities, video streams, or many other possibilities. The goal is to live a better and healthy lifestyle in Metaverse. A better place to live will have better privacy rules and more tools to empower individuals.
Metaverse Digital Identity
You are one of the unique individuals in the Metaverse. Your identity will be your footprint to mark everywhere in the Metaverse world. You can accumulate creators and activities in Metaverse. Those footprints make you unique.
Metaverse Is A Movie You Can Write Your Own Scripts
Metaverse can offer you tools to create your own future. You can work and live in Metaverse. You can make Metaverse rules or even create your communities. The place has unlimited possibilities. Do not let others lead you and push their futures into you. You will lead your future.
The Future of Metaverse
Metaverse’s future depends on you. You will have the ability to build a Metaverse or join others’ Metaverse. It will have multiple platforms to interact with different people and communities.
In Conclusion
Metaverse is a way to define your future through a digital platform. The possibilities are unlimited.
Stay tuned for the 2022 Prediction #9: Web2 Companies’ FOMO
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