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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What would you do if you got all the world's resources to build a virtual world? At least Meta shows you their way to...
https://twitter.com/jrhennessy/status/1559660423707705346
So what is so special about Metaverse? Don't we have already tried it before?
https://twitter.com/technollama/status/1559793007750266882
The second life:
https://twitter.com/SecondLife/status/1560029619398623232
Here are what significant differences between Metaverse and Second Life.
All virtual world is built to make a money stream for their own purpose. For example, meta built Metaverse for users to keep using Facebook Apps. Bit branding companies built their virtual products so people can continue believing in brands.
Second life also makes money out of their virtual world through selling virtual objects.
Metaverse is a way to test new products that can be released through the virtual world rather than the physical world. However, since the cost of the physical world has increased, it will become infeasible to test on physical materials rather than on infinity and a cheaper virtual world.
Like VR set Meta wants to test out, they will build it into their Metaverse for users to enjoy and receive results from Meta's end.
https://twitter.com/alexmoss/status/1484138206291443714
Data will be shared with companies that own the Metaverse. It helps companies research, build a better world, and sell their advertisements with products later.
One of the applications is to test out public policies. Unfortunately, the government made horrible policies that made society worse. However, the Metaverse can provide a way to test public policies and how they can impact the community.
Metaverse is a marketing tool. But we can make it a better solution to help society.
If you enjoy reading my articles, buy me a coffee here.
Photo by Jezael Melgoza on Unsplash
What would you do if you got all the world's resources to build a virtual world? At least Meta shows you their way to...
https://twitter.com/jrhennessy/status/1559660423707705346
So what is so special about Metaverse? Don't we have already tried it before?
https://twitter.com/technollama/status/1559793007750266882
The second life:
https://twitter.com/SecondLife/status/1560029619398623232
Here are what significant differences between Metaverse and Second Life.
All virtual world is built to make a money stream for their own purpose. For example, meta built Metaverse for users to keep using Facebook Apps. Bit branding companies built their virtual products so people can continue believing in brands.
Second life also makes money out of their virtual world through selling virtual objects.
Metaverse is a way to test new products that can be released through the virtual world rather than the physical world. However, since the cost of the physical world has increased, it will become infeasible to test on physical materials rather than on infinity and a cheaper virtual world.
Like VR set Meta wants to test out, they will build it into their Metaverse for users to enjoy and receive results from Meta's end.
https://twitter.com/alexmoss/status/1484138206291443714
Data will be shared with companies that own the Metaverse. It helps companies research, build a better world, and sell their advertisements with products later.
One of the applications is to test out public policies. Unfortunately, the government made horrible policies that made society worse. However, the Metaverse can provide a way to test public policies and how they can impact the community.
Metaverse is a marketing tool. But we can make it a better solution to help society.
If you enjoy reading my articles, buy me a coffee here.
Photo by Jezael Melgoza on Unsplash
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