Just like photography has become much easier to create in the last 100 years, liquid NFTs will surely bring down price points of tokenized digital content but will also open expansive new markets.
1/The next major problem set in #DeFi is #NFTLiquidity.
It has become very clear that, like fungibles, nonfungibles are their own financial asset class.
One path to see this is to envision the future of NFTs as “liquid
Just like photography has become much easier to create in the last 100 years, liquid NFTs will surely bring down price points of tokenized digital content but will also open expansive new markets.
👉🏻 In particular, because of tokenization, *the NFT liquidity problem reduces to the NFT price discovery problem.*
This is a core mechanism that today is underutilized in the market, and one that — we will soon see — applies to all illiquid assets.
And the fundamental problem with each of these mechanisms is capital efficiency: in each mechanism, participants need to spend *at least* $N to value something at $N.
But one super cool approach uses peer prediction oracles created by @nick_emmons and @UpshotHQ. https://t.co/HleEMPpgcq
It\u2019s no secret that pricing NFTs is really difficult, so we built an NFT appraisal product powered by peer prediction.https://t.co/uWFZq4aeGs
— Upshot (@UpshotHQ) December 23, 2020
Prices can then be reported on-chain through @UpshotHQ’s mechanism.
More from Internet
There are lots of problems with ad-tech:
* being spied on all the time means that the people of the 21st century are less able to be their authentic selves;
* any data that is collected and retained will eventually breach, creating untold harms;
1/
* data-collection enables for discriminatory business practices ("digital redlining");
* the huge, tangled hairball of adtech companies siphons lots (maybe even most) of the money that should go creators and media orgs; and
2/
* anti-adblock demands browsers and devices that thwart their owners' wishes, a capability that can be exploited for even more nefarious purposes;
That's all terrible, but it's also IRONIC, since it appears that, in addition to everything else, ad-tech is a fraud, a bezzle.
3/
Bezzle was John Kenneth Galbraith's term for "the magic interval when a confidence trickster knows he has the money he has appropriated but the victim does not yet understand that he has lost it." That is, a rotten log that has yet to be turned over.
4/
Bezzles unwind slowly, then all at once. We've had some important peeks under ad-tech's rotten log, and they're increasing in both intensity and velocity. If you follow @Chronotope, you've had a front-row seat to the
* being spied on all the time means that the people of the 21st century are less able to be their authentic selves;
* any data that is collected and retained will eventually breach, creating untold harms;
1/
* data-collection enables for discriminatory business practices ("digital redlining");
* the huge, tangled hairball of adtech companies siphons lots (maybe even most) of the money that should go creators and media orgs; and
2/
* anti-adblock demands browsers and devices that thwart their owners' wishes, a capability that can be exploited for even more nefarious purposes;
That's all terrible, but it's also IRONIC, since it appears that, in addition to everything else, ad-tech is a fraud, a bezzle.
3/
Bezzle was John Kenneth Galbraith's term for "the magic interval when a confidence trickster knows he has the money he has appropriated but the victim does not yet understand that he has lost it." That is, a rotten log that has yet to be turned over.
4/
Bezzles unwind slowly, then all at once. We've had some important peeks under ad-tech's rotten log, and they're increasing in both intensity and velocity. If you follow @Chronotope, you've had a front-row seat to the
The numbers are all fking fake, the metrics are bullshit, the agencies responsible for enforcing good practices are knowing bullshiters enforcing and profiting off all the fake numbers and none of the models make sense at scale of actual human users. https://t.co/sfmdrxGBNJ pic.twitter.com/thvicDEL29
— Aram Zucker-Scharff (@Chronotope) December 26, 2018
A thread of resources for aspiring & new Product Managers:
(should also be useful for Eng, Design, Data Science, Mktg, Ops folks who want to get better at PM work or want to build more empathy for your PM friends ☺️)
(oh, and pls also share *your* favorite resources below)
👇🏾
1/
Product Management - Start Here by @cagan
(hard to go wrong if you start with Marty Cagan’s
2/
Tips for Breaking into PM by @sriramk
(I’ve recommended this thread in my DMs more often than any other thread, by a pretty wide
3/
Top 100 Product Management Resources by @sachinrekhi
(well-categorized index so you can focus on whatever’s most useful right
4/
Brief interruption.
It’s important to understand your preferred learning style and go all in on that learning style (vs. struggling / procrastinating as you force a non-preferred learning
(should also be useful for Eng, Design, Data Science, Mktg, Ops folks who want to get better at PM work or want to build more empathy for your PM friends ☺️)
(oh, and pls also share *your* favorite resources below)
👇🏾
1/
Product Management - Start Here by @cagan
(hard to go wrong if you start with Marty Cagan’s
2/
Tips for Breaking into PM by @sriramk
(I’ve recommended this thread in my DMs more often than any other thread, by a pretty wide
Breaking into PMing - a \U0001f9f5 // A question folks from eng/design/other functions often have how to become a PM in a tech co.
— Sriram Krishnan (@sriramk) April 14, 2020
It can seem non-obvious and differs with each company but here are some patterns I've seen work. All the below assumes you have no PMing on your resume.
3/
Top 100 Product Management Resources by @sachinrekhi
(well-categorized index so you can focus on whatever’s most useful right
4/
Brief interruption.
It’s important to understand your preferred learning style and go all in on that learning style (vs. struggling / procrastinating as you force a non-preferred learning
There is no One Correct Way\u2122 to learn
— Shreyas Doshi (@shreyas) August 15, 2020
Don\u2019t feel pressured to read 70 books/year just becos Super-Successful Person X does that
Videos, Podcasts, Audiobooks, Discussions\u2014all are fine
What to do:
Understand your preferred learning style
Don't resist it, embrace it
Commit to it
