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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This article is sponsored by the MixPay Content Reward Program. MixPay is a decentralized crypto payment service platform built on Mixin Network. MixPay, Payment for Web3.
Another curated list for today 😉. Crypto has been a trend since 2009, the creation of Bitcoin. It was about a getting rich quick scheme, but it slowly becomes a way to build your communities. Am I right 😅? Or are we still chasing the money 💸?
✍️ Today’s topic is Crypto-enabled Communities!
Let’s start from a16z.
NFT Community
“Fantasy Hollywood” — Crypto and Community-Owned Characters | by Cuy Sheffield
Building a community is like a game. The game's currency is the “character” designed inside of the game. It used to be a closed-loop world without a community interaction. However, DAO and NFT break the loop and make it open to everyone. Those characters can be incentivized through NFT or tokenomic. The community can also create their character IP with stories around them.
The article highlights the lower costs barriers to build such communities but remains questions about how governance can carry out without questionable results.
It is an excellent read 👍!
The Idea of Crypto Community in General
Here is a general overview of how crypto turns companies into communities.
Crypto Turns Companies Into Communities | by Nick Hotz
What if companies decentralized? Companies become community-owned rather than owned by a few. It is decentralized capitalism - community-owned capitalism.
DIY Your Crypto Community
Crypto Community Building Tips & Strategies | by Jeffrey Maganis
Here is a road map on how you can put together a crypto community. In addition, there are some very tips and tricks to manage communities through Discord and Telegram.
The golden thumb is to choose a safe place with good community management strategies.
Communities’ Banking
Bitcoin Banking for Communities: Lessons Learned from Bitcoin Beach | by Andrew
The idea of community banking is to support the local community differently. I hope this movement is to benefit society without creating a cult 😂.
The Dark Side
The Crypto Community Is a Mess | by Alex Klos
A war of clowns 🎪? One side views crypto as useless and evil. The other side views crypto as hope and replacement. Which sides do you pick?
But why do you need to pick a side? Pick what is best to fit your lifestyle 🙏.
Academic Thoughts
Value drivers of blockchain technology: A case study of blockchain-enabled online community | by Yujie Zheng and WaiFong Boh
The paper found a positive value for a community in adopting blockchain, but there are also challenges. Mainly due to scaling the community, everything can go wrong from here 😬.
Blockchain for smart communities: Applications, challenges and opportunities | by Shubhani Aggarwal, Rajat Chaudhary, Gagangeet Singh Aujla, Neeraj Kumar, Kim-Kwang, Raymond Choo, Albert Y. Zomaya
This paper shows a possible blockchain community that runs similar to nodes like Bitcoin as a potential future application for crypto to implement in society.
Constructing Trustworthy and Safe Communities on a Blockchain-Enabled Social Credits System | by Ronghua Xu, Xuheng Lin, Qi Dong, Yu Chen
BLESS, or Blockchain-Enabled Social Credit System, is on the rise. It is an answer to a surveillance state which uses Artificial Intelligence to control people. It is a system to promote trust rather than monitor trust.
Creator Economy
Creators, Communities, and Crypto | by Fred Ehrsam
Advertising is a lubricated business for few. But crypto can do such advertising business to serve everyone who wants to become a creator.
This conversation is very inspirational 🙌.
DeMar
The Future Of Loyalty Marketing Is Crypto Enabled | by Anjali Kapoor
Another excellent idea about Decentralized Marketing is to help creators to promote everything they created.
Ownership Economy
The Ownership Economy: Crypto & The Next Frontier of Consumer Software | by Jesse Walden
The article points out that the protocol innovation disrupts the traditional way of the economy with centralized management into an open-ended platform economy 🚪.
Future of Work
Social Tokens and the Future of Work | by Bankless DAO
A social token movement will resolve problems companies traditionally created—a new way to foster trust.
Africa Movement
The most exciting applications of cryptocurrency & blockchain in the African context | by Emeka Ajene
It is exciting to see how other countries use blockchain technology. For example, Africa mainly focuses on blockchain payment infrastructure to build communities around the product 🏧.
Reddit is thinking
110 - The Internet Reset | Alexis Ohanian | by Bankless DAO
If you are still not convincing communities building through crypto, listen to what the Co-Founder of Reddit is trying to accomplish in Web3 😉.
That is it for today!
Have you got new ideas about crypto? Wants your articles to include in the lists?
Let me know ✋ and follow me 🙏 at xuanling11.
This article is sponsored by the MixPay Content Reward Program. MixPay is a decentralized crypto payment service platform built on Mixin Network. MixPay, Payment for Web3.
Another curated list for today 😉. Crypto has been a trend since 2009, the creation of Bitcoin. It was about a getting rich quick scheme, but it slowly becomes a way to build your communities. Am I right 😅? Or are we still chasing the money 💸?
✍️ Today’s topic is Crypto-enabled Communities!
Let’s start from a16z.
NFT Community
“Fantasy Hollywood” — Crypto and Community-Owned Characters | by Cuy Sheffield
Building a community is like a game. The game's currency is the “character” designed inside of the game. It used to be a closed-loop world without a community interaction. However, DAO and NFT break the loop and make it open to everyone. Those characters can be incentivized through NFT or tokenomic. The community can also create their character IP with stories around them.
The article highlights the lower costs barriers to build such communities but remains questions about how governance can carry out without questionable results.
It is an excellent read 👍!
The Idea of Crypto Community in General
Here is a general overview of how crypto turns companies into communities.
Crypto Turns Companies Into Communities | by Nick Hotz
What if companies decentralized? Companies become community-owned rather than owned by a few. It is decentralized capitalism - community-owned capitalism.
DIY Your Crypto Community
Crypto Community Building Tips & Strategies | by Jeffrey Maganis
Here is a road map on how you can put together a crypto community. In addition, there are some very tips and tricks to manage communities through Discord and Telegram.
The golden thumb is to choose a safe place with good community management strategies.
Communities’ Banking
Bitcoin Banking for Communities: Lessons Learned from Bitcoin Beach | by Andrew
The idea of community banking is to support the local community differently. I hope this movement is to benefit society without creating a cult 😂.
The Dark Side
The Crypto Community Is a Mess | by Alex Klos
A war of clowns 🎪? One side views crypto as useless and evil. The other side views crypto as hope and replacement. Which sides do you pick?
But why do you need to pick a side? Pick what is best to fit your lifestyle 🙏.
Academic Thoughts
Value drivers of blockchain technology: A case study of blockchain-enabled online community | by Yujie Zheng and WaiFong Boh
The paper found a positive value for a community in adopting blockchain, but there are also challenges. Mainly due to scaling the community, everything can go wrong from here 😬.
Blockchain for smart communities: Applications, challenges and opportunities | by Shubhani Aggarwal, Rajat Chaudhary, Gagangeet Singh Aujla, Neeraj Kumar, Kim-Kwang, Raymond Choo, Albert Y. Zomaya
This paper shows a possible blockchain community that runs similar to nodes like Bitcoin as a potential future application for crypto to implement in society.
Constructing Trustworthy and Safe Communities on a Blockchain-Enabled Social Credits System | by Ronghua Xu, Xuheng Lin, Qi Dong, Yu Chen
BLESS, or Blockchain-Enabled Social Credit System, is on the rise. It is an answer to a surveillance state which uses Artificial Intelligence to control people. It is a system to promote trust rather than monitor trust.
Creator Economy
Creators, Communities, and Crypto | by Fred Ehrsam
Advertising is a lubricated business for few. But crypto can do such advertising business to serve everyone who wants to become a creator.
This conversation is very inspirational 🙌.
DeMar
The Future Of Loyalty Marketing Is Crypto Enabled | by Anjali Kapoor
Another excellent idea about Decentralized Marketing is to help creators to promote everything they created.
Ownership Economy
The Ownership Economy: Crypto & The Next Frontier of Consumer Software | by Jesse Walden
The article points out that the protocol innovation disrupts the traditional way of the economy with centralized management into an open-ended platform economy 🚪.
Future of Work
Social Tokens and the Future of Work | by Bankless DAO
A social token movement will resolve problems companies traditionally created—a new way to foster trust.
Africa Movement
The most exciting applications of cryptocurrency & blockchain in the African context | by Emeka Ajene
It is exciting to see how other countries use blockchain technology. For example, Africa mainly focuses on blockchain payment infrastructure to build communities around the product 🏧.
Reddit is thinking
110 - The Internet Reset | Alexis Ohanian | by Bankless DAO
If you are still not convincing communities building through crypto, listen to what the Co-Founder of Reddit is trying to accomplish in Web3 😉.
That is it for today!
Have you got new ideas about crypto? Wants your articles to include in the lists?
Let me know ✋ and follow me 🙏 at xuanling11.
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