A nearly-completed text of MiCA (The European Union’s Markets in Crypto Assets) regulations has leaked, and it is going to be brutal. How brutal is yet unknown, but lawmakers seem to be happy with their work. Continue Reading →
Metaverse
Posts about Metaverse.
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I'm at the point where I'm going to give up on any potential for a universally-accepted definition for the word "metaverse." It has devolved into a key ingredient of word salad. Continue Reading →
When trying to predict the future success of any technology, one of the oldest (and best) tricks of the trade is to follow the interests and participation of key engineering talent. The strategy is simple; if a technology attracts the best engineers, they are going to create the best hardware and software for it, and its likelihood of success greatly increases. While not a foolproof strategy, it's easy to understand and relatively easy to execute. Continue Reading →
A friend invited me to a dinner party. When we were introduced, the host asked what I did for a living, I answered, "I run a consulting practice focused on Web3 strategy and solutions," to which she responded, "Web3 is B.S. You don't even know what Web3 is." Continue Reading →
I decided to shut down my ETH mining operations a few hours before the Merge last night. It was getting close to midnight, and I didn't want my mining rigs grinding away at "nothing" in the middle of the night. So, with all due pomp and circumstance, I began an orderly, ceremonious abandonment of my mining operations. Continue Reading →
Greetings from LGA Terminal C, Gate 63. I'm on my way to Syracuse University to teach my class IRL (as opposed to on Zoom). While walking the mile and a half to the gate, I imagined my avatar doing this same walk in a virtual world. Or, more succinctly, I imagined my physical self walking through a mixed reality airport experience. Continue Reading →
The most significant event in the short history of Web3 will most likely occur on September 15, 2022. That’s when Ethereum, the largest smart contract blockchain (with the second largest cryptocurrency by market cap), is now scheduled to enact an existential operational change. If it fails, “The Merge,” as it is colloquially called, is almost sure to take the crypto markets down with it. But even if The Merge is 100 percent successful, it will come with profound implications regarding censorship, regulation, and the future of money. Continue Reading →
Each of these stories raises questions we all think we know the answers to. Where is the line between common sense and censorship? What lengths should the government go to to protect human lives? When is it appropriate for a platform or telecom carrier to block access to its network? Continue Reading →
It's rough sailing on the OpenSea. Continue Reading →
Big brands are flipping the Web3 script. According to Dune Analytics, Nike, Gucci, Dolce & Gabbana, Adidas, and Tiffany have amassed a combined $260 million in NFT sales, royalties, and secondary sales. Continue Reading →