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 ...
Share Dialog
Share Dialog
Subscribe to xuanling11
Subscribe to xuanling11
<100 subscribers
<100 subscribers
NFT or Non-Fungible Token is a digital property right! Since any digital creation can replicate, NFT puts a unique digital signature to claim your belongings.
But then, people start abusing their power to take advantage of others, including rug-pulled others.
And owning NFTs may only grant you a specific digital right of ownership. It is essential to verify the privileges of owning NFTs besides the proof of ownership.
Perhaps before purchasing any NFTs, you want to ask:
👉 who controls the design
👉 who controls the copyrights, trademarks, intellectual property rights, or any other rights
👉 what rights do owners have beyond the digital platforms
👉 what licenses that transfer to buyers through owning such NFTs
👉 what rights can be negotiated along with possession of NFTs
👉 where NFTs stored
So, the question back to square 1, why buy NFTs?
How do you verify people’s identities online without breaching their privacy?
The technology provides a unique identity that can be verifiable through the blockchain and prevents the government or corporations from encroaching their power into your privacy.
There are two forms of digital identities:
👉 inclusive
👉 exclusive
This type of digital identity provides a general purpose to verify you as you in the internet platform.
Such identity can be used to verify diplomats, medical records, and many other identifications through a public blockchain system.
Exclusive digital identity or gated digital identity provides selective conditions to verify online identification based on selective methods. It still goes through the blockchain, but the criteria can be stricter depending on issuers.
Places like adult-entertainment businesses may implement gated digital identities to restrict certain ages from accessing the restricted content.
There is a new idea of using NFTs to gauge your digital products, such as the show Love Death + Robots on Netflix.
The money users want to collect NFTs demonstrate how much they love the show and how they will follow the brand.
They can build another episode and their own community to support more artists with enough funds.
https://twitter.com/lovedeathrobots/status/1558106419970318337
Perhaps, that is another way to use NFTs to create a community.
If you enjoy reading my articles, buy me a coffee here.
Photo by Axel Ruffini on Unsplash
NFT or Non-Fungible Token is a digital property right! Since any digital creation can replicate, NFT puts a unique digital signature to claim your belongings.
But then, people start abusing their power to take advantage of others, including rug-pulled others.
And owning NFTs may only grant you a specific digital right of ownership. It is essential to verify the privileges of owning NFTs besides the proof of ownership.
Perhaps before purchasing any NFTs, you want to ask:
👉 who controls the design
👉 who controls the copyrights, trademarks, intellectual property rights, or any other rights
👉 what rights do owners have beyond the digital platforms
👉 what licenses that transfer to buyers through owning such NFTs
👉 what rights can be negotiated along with possession of NFTs
👉 where NFTs stored
So, the question back to square 1, why buy NFTs?
How do you verify people’s identities online without breaching their privacy?
The technology provides a unique identity that can be verifiable through the blockchain and prevents the government or corporations from encroaching their power into your privacy.
There are two forms of digital identities:
👉 inclusive
👉 exclusive
This type of digital identity provides a general purpose to verify you as you in the internet platform.
Such identity can be used to verify diplomats, medical records, and many other identifications through a public blockchain system.
Exclusive digital identity or gated digital identity provides selective conditions to verify online identification based on selective methods. It still goes through the blockchain, but the criteria can be stricter depending on issuers.
Places like adult-entertainment businesses may implement gated digital identities to restrict certain ages from accessing the restricted content.
There is a new idea of using NFTs to gauge your digital products, such as the show Love Death + Robots on Netflix.
The money users want to collect NFTs demonstrate how much they love the show and how they will follow the brand.
They can build another episode and their own community to support more artists with enough funds.
https://twitter.com/lovedeathrobots/status/1558106419970318337
Perhaps, that is another way to use NFTs to create a community.
If you enjoy reading my articles, buy me a coffee here.
Photo by Axel Ruffini on Unsplash
No activity yet