What does the future of retroactive public goods funding look like?
Quite simply - it's DAO Drops.
Kevin is joined today by Magenta and Ori from dOrg as they explore in detail the fundamental issues that the current paradigm of providing grants poses when developing open source projects, and we dive deep as we detail how DAO Drops takes the next step forward in retroactive public good funding.
0:00 Intro 3:40 What is DAO Drops? 9:24 Mission Statement 16:28 Pluralism and Coordination 24:01 IRL Public Goods 30:10 The Stretch Vision 39:25 Round One Info
----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.
Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://www.bankless.com/disclosures ... https://www.youtube.com/watch?v=AplDLgAsqMA
?Bankless Q3 Token Report: https://bankless.substack.com/p/bankless-q3-token-report
? SUBSCRIBE TO NEWSLETTER: http://bankless.substack.com/
✊ STARTING GUIDE BANKLESS: https://bit.ly/37Q17uI
❤️ JOIN PRIVATE DISCORD: https://bit.ly/2UVI10O
?️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/
? BUY BANKLESS TEE: https://merch.banklesshq.com/
-----
GO BANKLESS WITH THESE SPONSOR TOOLS:
? DEVERSIFI - L2 DEX FOR SERIOUS TRADERS
https://bankless.cc/deversifi
? UNSTOPPABLE DOMAINS - HUMAN READABLE ETHEREUM & CRYPTO ADDRESSES
https://bankless.cc/unstoppable
? ZAPPER - ULTIMATE HUB FOR DEFI - ZAP INTO DEFI
http://bankless.cc/zapper
? MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS
https://bankless.cc/monolith
?YEARN - YIELD-SEEKING MONEY ROBOT THAT FARMS DEFI FOR YOU
http://bankless.cc/yearn
------
SotN#19: DRUMROLLING! w/ @jacobcantele from @metamask_io (1M Users, Q3 Token Report, Markets!)
MetaMask Exceeds 1 Million Monthly Active Users
https://medium.com/metamask/metamask-exceeds-1-million-monthly-active-users-9da72a1e915d
- How was this data collected?
- How has this impacted or changed MetaMask’s priorities with its product?
Introducing MetaMask Swaps
https://medium.com/metamask/introducing-metamask-swaps-84318c643785
- MetaMask is aggregating the aggregators!
- 0.875% fee for MetaMask saving you up to 5% on your trade!
Then, we turn to the Q3 Token Report from Lucas Campbell!
Bankless Q3 Token Report: https://bankless.substack.com/p/bankless-q3-token-report
Rise of the Ownership Economy
Lastly, David and Ryan discuss 'gradually, then suddenly' in the crypto revolution
https://bankless.substack.com/p/gradually-then-suddenly-market-monday
------
Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.
Disclosure. From time-to-time we may add links in this channel to products we use. We may receive commission if you make a purchase through one of these links. We'll always disclose when this is the case.
------
Don't stop at the video!
Subscribe to the Bankless newsletter program
http://bankless.substack.com/
Visit the official Bankless website for resources
http://banklesshq.com/
Follow Bankless on Twitter
https://twitter.com/BanklessHQ
Follow Ryan on Twitter
https://twitter.com/ryansadams
Follow David on Twitter
https://twitter.com/TrustlessState
...
https://www.youtube.com/watch?v=YR1ZUqdHhy0
Blackrock are now participants in the Bitcoin ETF.
More content is waiting for you on Bankless.com ?
https://bankless.cc/YouTubeInfo
...
https://www.youtube.com/watch?v=VpNU_DkeTJg
? SUBSCRIBE TO NEWSLETTER: http://bankless.substack.com/
✊ STARTING GUIDE BANKLESS: https://bit.ly/37Q17uI
?️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/
? BUY BANKLESS TEE: https://merch.banklesshq.com/
-----
?BECOME A BANKLESS PREMIUM MEMBER: http://bankless.cc/membership
-----
AFTER THE SHOW DEBRIEF:
http://shows.banklesshq.com/p/exclusive-vitalik-buterin-debrief
-----
GO BANKLESS WITH THESE SPONSOR TOOLS:
⭐️ AAVE - BORROW OR LEND YOUR ASSETS
https://bankless.cc/aave
? GEMINI - MOST TRUSTED EXCHANGE AND ONRAMP
https://bankless.cc/go-gemini
? MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS https://bankless.cc/monolith
? KWENTA - DERIVATIVES TRADING WITH INFINITE LIQUIDITY
https://bankless.cc/kwenta
------
51 - 2020 Reflections on Crypto and Beyond
Guest: Vitalik Buterin
We bring on Vitalik to digest the third of his recent posts on his website:
Endnotes on 2020: Crypto and Beyond
https://vitalik.ca/general/2020/12/28/endnotes.html
Vitalik wrote this post from Singapore, noting that 2020 was a dynamic year, in which we faced “humanity’s first boss-level enemy since 1945.” However, it was also a year that brought much hope in areas like transportation, medicine, AI, and blockchains.
We have observed a transition in the Political economy from physical to digital – 2020 served as a high-octane accelerant for these changes. A key piece of this change is shifting emphasis from physical private goods to digital public goods. This transition requires creative solutions to the challenges of effective governance.
The phrase “digital nationalism” refers humanity’s recent tendency to polarize and how this extends to the internet. Both Bitcoin and Ethereum have undergone great schisms, resulting in hard forks like BCH and ETC. These phenomena in the rising political economy will likely continue.
Vitalik walks through the tricky relationship between our financial and non-monetary social motivations. Culture and narrative can be incredibly powerful tools for innovation, but altruistic people are not the only ones with access to these things.
Vitalik concludes with thoughts on the Big X - Big Government, Big Business, Big Tech, etc. This multidisciplinary “dense jungle” is populated by a variety of powerful groups with dynamic interrelationships, and blockchains & cryptocurrencies are set up to play a vital role.
------
"Endnotes on 2020: Crypto and Beyond"
https://vitalik.ca/general/2020/12/28/endnotes.html
Vitalik's Blog:
https://vitalik.ca/
Vitalik on Twitter:
https://twitter.com/VitalikButerin
------
Don't stop at the video!
Subscribe to the Bankless newsletter program
http://bankless.substack.com/
Visit the official Bankless website
http://bankl
...
https://www.youtube.com/watch?v=DeY4jzxY-go
Matt Cutler is the Co-Founder and CEO of Blocknative and a gigabrain when it comes to Ethereum’s hidden power structures and all things blockchains.
As Ethereum approaches the merge, these power structures are going to change. What will this post-merge future look like? Will users get paid to use Ethereum?
Matt explains everything from first principles and it helps illustrate the complexities of everything discussed in this insightful episode. By the end of it, you’ll have a better understanding of the purpose of blockbuilders, the new post-merge roles, all things MEV, and so much more.
------
? NOTIONAL | Real DeFi Yield
https://bankless.cc/Notional
------
? SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/
?️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/
------
BANKLESS SPONSOR TOOLS:
⚖️ ARBITRUM | SCALED ETHEREUM
https://bankless.cc/Arbitrum
❎ ACROSS | BRIDGE TO LAYER 2
https://bankless.cc/Across
? ROCKET POOL | STAKE YOUR ETH
https://bankless.cc/RocketPool
? AAVE V3 | LEND & BORROW CRYPTO
https://bankless.cc/aave
⚡️ LIDO | LIQUID ETH STAKING
https://bankless.cc/lido
? LEDGER | NANO S PLUS WALLET
https://bankless.cc/Ledger
------
Topics Covered:
0:00 Intro
6:27 The Reason for the Merge
10:07 The Values PoS Preserves
13:45 Blockbuilding Explained
16:35 Mining Pools & Incentive Categories
30:25 Why Decentralizing Power Matters
33:40 The Future State of Ethereum
39:21 The Post-Merge World Roles Explained
45:25 MEV Searchers vs. Blockbuilders vs. Stakers/Validators
55:45 PBS & MEV Boost & Who Are the Blockbuilders
1:03:50 Economic Rewards for Blockbuilders
1:17:19 Ethereum Will Eventually Pay Users?
1:19:40 Can Ethereum Stay Decentralized?
1:26:22 ETH The Asset
1:31:39 Where MEV Exists
1:35:16 How Blocknative Fits into All of This
1:37:30 Closing & Disclaimers
------
Resources:
Matt Cutler
https://twitter.com/mcutler
Blocknative
https://twitter.com/blocknative
End Game with Vitalik
https://youtu.be/b1m_PTVxD-s
Ultra Scalable Ethereum
https://newsletter.banklesshq.com/p/ultra-scalable-ethereum
The Guide to the Ethereum Roadmap with Jon
https://youtu.be/xuLyZaty9iI
-----
Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.
Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here:
https://newsletter.banklesshq.com/p/bankless-disclosures
...
https://www.youtube.com/watch?v=rQxuPBy8tJg
Inverted (@InvertedTheOri1) is the Chief Marketing Officer for CyberKongz, an industry renowned NFT project that did many things first in the space. In this interview, Inverted explains what those things were, how they paved and continue to pave the way for thousands of NFT projects, and so much more!
From being the 12th person in the CyberKongz’s Discord to becoming CMO of the project, Inverted shares the story behind his and this behemoth of a community’s evolution like no other. His unique approach to community building and marketing is one to pay close attention to as evidenced by the success of CyberKongz.
Inverted would be the first to tell you that the project’s triumph thus far isn’t solely because of him alone. The rest of the team and community are truly unlike any other. We hope you enjoy!
------
? SUBSCRIBE TO NEWSLETTER: https://jpegs.banklesshq.com/
?️ SUBSCRIBE TO PODCAST
APPLE: https://podcasts.apple.com/us/podcast/overpriced-jpegs/id1591954323
SPOTIFY: https://open.spotify.com/show/5G2HSDneVg8mZUQ3zUIoLX?si=6d57ee1f89184974
------
BANKLESS SPONSOR TOOLS:
? POLYGON | NFTs ON LAYER 2
https://bankless.cc/Polygon
? UNSTOPPABLE | YOUR CRYPTO DOMAIN
https://bankless.cc/Unstoppable
? INDEX COOP | METAVERSE INDEX
https://bankless.cc/MVI
? AXIE | PLAY, EARN, TRADE
https://bankless.cc/AxieInfinity
------
Topics Covered:
0:00 - Intro
4:32 - Inverted’s background
5:23 - CyberKongz’s origin story
11:08 - What a Kong is
14:16 - The pfp bet
18:54 - Why CyberKongz took off
21:46 - The Bentley of the NFT space
26:45 - $BANANA tokens explained
37:26 - Kongz Tank
42:03 - The future of CyberKongz
46:12 - CyberKongz’s anti-shill philosophy
51:47 - NFT.NYC CyberKongz event success
53:53 - How all this happened for Inverted
57:22 - 2022 NFT market predictions
------
Resources:
Carly’s Twitter
https://twitter.com/carlypreilly
Inverted’s Twitter
https://twitter.com/invertedtheori1
CyberKongz’s official site
https://www.cyberkongz.com/
Kongz Tank
https://cyberkongz.medium.com/kongz-tank-is-launching-19b5b062a407
-----
Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.
Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here:
https://newsletter.banklesshq.com/p/bankless-disclosures
...
https://www.youtube.com/watch?v=bMfK6ik6Z7c
Vitalik Buterin reflects on the effects of his community experiment Zuzala #shorts
More content is waiting for you on Bankless.com ?
https://bankless.cc/YouTubeInfo
...
https://www.youtube.com/watch?v=oaihO2PYZWw
✨ Subscribe to the Green Pill Podcast ✨
https://availableon.com/greenpill
? Get the GreenPilled Book ?
https://greenpill.party/
Apple Show Link:
https://podcasts.apple.com/us/podcast/greenpill/id1609313639
Spotify Show Link:
https://open.spotify.com/show/0l6aXWC94dd0RA3tkKfxjd
-----
Today, we’re speaking with Martin Koppelmann of Gnosis and Circles UBI. Circles UBI is a web-of-trust mechanism for digital identity, which is a necessary primitive for Universal Basic Income.
Take the green pill anon.
------
SPONSOR PILLS:
? CELO | DEFI FOR EVERYONE
https://bankless.cc/Celo
? COINSHIFT | TREASURY MANAGEMENT
https://bankless.cc/Coinshift
? GOLDFINCH | REAL WORLD LENDING
https://bankless.cc/Goldfinch
? OPOLIS | CRYPTO NATIVE EMPLOYMENT
https://bankless.cc/Opolis
------
Topics Covered:
0:00 Intro
3:00 Circles UBI
9:35 How it Works
11:22 Web of Trust
16:55 Solving Hard Problems
21:20 The Power of Mechanisms
25:00 Next Steps
31:00 Sybil Resistance
33:18 Gnosis
37:00 Shared Incentives
39:00 Get Involved
------
Resources:
Martin on Twitter
https://twitter.com/koeppelmann
Circles UBI
https://joincircles.net/
-----
Music by WABI SABI - snowflake - https://thmatc.co/?l=7786B012
-----
Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.
Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here:
https://www.bankless.com/disclosures
...
https://www.youtube.com/watch?v=uFGKoV2knYI
Justin Drake joins the third episode of Layer Zero to discuss coining ‘Ultra Sound Money,’ which sent supersonic waves through the Ethereum community. Unsurprisingly, Justin is a deeply compelling individual with a powerful drive to work hard and pursue individuality.
From Quantum Computing to engineering Layer Zero, Justin’s holistic approach to the space really comes through as we discuss what it means to work for a meme.
------
? SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/
?️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/
? CLAIM YOUR BADGE: https://newsletter.banklesshq.com/p/-guide-2-using-the-bankless-badge
------
BANKLESS SPONSOR TOOLS:
? GEMINI | FIAT & CRYPTO EXCHANGE
https://bankless.cc/go-gemini
? BALANCER | EXCHANGE & POOL ASSETS
https://bankless.cc/balancer
? AAVE | LEND & BORROW ASSETS
https://bankless.cc/aave
? UNISWAP | DECENTRALIZED FUNDING
http://bankless.cc/uniswap
------
Topics Covered
0:00 Intro
4:30 Justin Drake
9:05 Coining Ultra Sound Money
12:37 From Layer 1 to Layer 0
15:10 Working for a Meme
24:14 The Purpose of the Meme
27:27 The Gini Coefficient
31:17 Proof of Stake and Distribution
35:22 A New Age Cypherpunk
43:30 Scalability
49:30 ETH and the Dollar
57:13 Quantum Computing
1:00:30 Burning MEV
1:04:19 The Efficiency DAO
1:08:11 Bitcoin FUD Dice
1:15:38 Layer 0 Engineer
1:18:20 Layers 3 and 4
1:20:00 A Workaholic and a Father
1:24:14 Citizen of the World
1:28:18 An Emergent Individual
1:34:15 Closing & Disclaimers
------
? SoRare | Collect and Play!
https://bankless.cc/SoRare
------
Resources:
Ultra Sound Money Website
https://ultrasound.money/
Modeling Ultra Sound Money
https://shows.banklesshq.com/p/-sotn-44-modeling-ultra-sound-money
The Bull Case for Cryptography
https://shows.banklesshq.com/p/-moon-math-the-bull-case-for-cryptography
Ultra Sound Money
https://shows.banklesshq.com/p/-ultra-sound-money-justin-drake
Justin on Twitter
https://twitter.com/drakefjustin?s=20
-----
Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.
Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here:
https://newsletter.banklesshq.com/p/bankless-disclosures
...
https://www.youtube.com/watch?v=dHpAC0m8Rkk
In this weekly Metaversal Recap, we cover RumbleKongs’s +58% spike and new funding! Nike makes a massive acquisition that shakes the crypto world to its core.
Other huge corporations such as Pepsi and personalities such as Melania Trump are pouring $$$$ into the space. Is this good or bad news?
Lastly, Carly shares an Alpha Alert you really don’t want to miss! Here’s a teaser: no-code generative art made by and FOR artists…
------
? SUBSCRIBE TO NEWSLETTER: https://jpegs.banklesshq.com/
?️ SUBSCRIBE TO PODCAST:
APPLE - https://podcasts.apple.com/us/podcast/overpriced-jpegs/id1591954323
SPOTIFY - https://open.spotify.com/show/5G2HSDneVg8mZUQ3zUIoLX?si=6d57ee1f89184974
------
BANKLESS SPONSOR TOOLS:
? ZERION | YOUR NFT PORTFOLIO
https://bankless.cc/Zerion
? ONJUNO | YOUR CRYPTO PAYCHECK
https://bankless.cc/OnJuno
? INDEX COOP | METAVERSE INDEX
https://bankless.cc/MVI
? BLOCK::BLOCK | METAVERSE IP
https://bankless.cc/blockblock
------
Topics Covered:
0:00 - Intro
3:01 - RumbleKongs's massive spike
https://twitter.com/RumbleKongs
7:07 - Nike acquires RTFKT
https://twitter.com/Nike/status/1470504318671458307
13:19 - Pepsi x VaynerNFT
https://twitter.com/vaynernft/status/1468953866649493508
19:00 - Melania Trump launches an NFT & Platform
https://melaniatrump.com/nft
22:42 - ALPHA ALERT - Mxtter
https://www.mxtter.art/
------
Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.
Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here:
https://newsletter.banklesshq.com/p/bankless-disclosures
...
https://www.youtube.com/watch?v=xwPonbSIqYc