Cryptocurrency exchange FTX is on the brink. It may fail today. It may fail tomorrow. Unless someone steps in with enough cash to save it, it will fail. Continue Reading →
Blockchain
Posts I've written about Blockchain. Subscribe to my newsletter to make sure you don't miss anything.
Yesterday, while all eyes were (and are) on election results, a battle between two centralized cryptocurrency exchange owners suckerpunched the world of decentralized finance, destroying billions of dollars of market cap in the process. Continue Reading →
Imagine adopting an AI character: one that could think for itself, learn, and, um… obey you. Now, train it and put it in a world with other people's adopted AI characters. What you have is The Simulation: a new virtual world filled with subjugated AI characters. Continue Reading →
Two unrelated stories this morning are highly correlated to the very cold crypto winter. Continue Reading →
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 →
Monday, the SEC filed a federal lawsuit against crypto influencer Ian Balina for his failure to register a cryptocurrency as a security before launching a 2018 initial coin offering (ICO). Not an unusual lawsuit; the SEC is in the practice of suing purveyors of ICOs it believes fall under its jurisdiction. However... 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 →
If you're wondering what a non-NFT digital collectible is, just ask Sony. According to PlayStation.com, "PlayStation Stars will feature a new type of rewards called digital collectibles. They are digital representations of all the things that PlayStation fans enjoy, including figurines of beloved and iconic characters from games and other forms of entertainment, as well as cherished devices that tap into Sony’s history of innovation." Continue Reading →
Starbucks Odyssey is the official name for Starbucks's "drink to earn" NFT platform. It combines the company's very successful Starbucks Rewards loyalty program with Web3 technologies to offer NFT-confirmed questing toward exclusive experiences and rewards. Continue Reading →