If you’ve dabbled in the crypto space within the past year or so, chances are you’ve already heard about Decentralized Finance (DeFi). If not, you may be wondering, “what the hell is this DeFi thing”, and why do people keep referring to it as the future of finance.
Decentralized finance is making waves at the moment, well, because it’s the future.
If we were to define finance as the industry and infrastructure required to transfer, store, trade, and make money — then we can define DeFi as the same functionality, minus the middlemen.
Essentially any financial service that currently requires…
Much like smartphone applications have shown us the true capabilities of today’s mainstream technologies, decentralized applications (DApps) have the opportunity to show us the true potential of blockchain technology. No one thought that smartphones would revolutionize short-term rentals, but Air BnB has done exactly that. The same can be said for transportation with applications such as Uber, or even navigation with companies like Waze.
While the technology itself is innovative, it’s the applications built on top of it that end up showing us the technologies real value and the long term benefits (or drawbacks) it can bring to society, culture…
Much like smartphone applications have shown us the true capabilities of today’s mainstream technologies, decentralized applications (dapps) have the opportunity to show us the true potential of blockchain technology. No one thought that smartphones would revolutionize short-term rentals, but Air BnB has done exactly that. The same can be said for transportation with applications such as Uber, or even navigation with companies like Waze.
I see blockchain gaming as the future of video games. I also consider it the best possible vehicle for the road to blockchain mass adoption. What better way to teach people about blockchain than giving them hands-on experience that allows them to see and understand its benefits in real-time.
I’ve worked in the blockchain industry for years and been a gamer my entire life. Yet merging the two never crossed my mind. When I thought of blockchain games I’d think of games like CryptoKitties, which is more of a collectibles platform than an actual game. While CryptoKitties saw a lot of success and has arguably gotten more attention than any other dApp in the marketplace, it turned me away from the industry as a whole.
If blockchain gaming was going to be about collectibles, I wasn’t really interested. I understand the value that tokenization can bring to digital ownership…
If I had a penny for every time someone told me, “It’s like ____ but on a blockchain”, I’d probably have somewhere between $5-$10. Notoriously, the cryptocurrency market is riddled with blindly optimistic projects that rarely make good on their promises. Projects often led by teams who put great time and effort into theorizing complex blockchain use cases, but very little into how their projects will actually be executed, and even less on whether there is a demand for the product at all.
Many of the Initial Coin Offerings (ICOs) from 2017–2018 presented innovative, and clear improvements on the processes…
I’ve been obsessed with the concept of time for as long as I can remember.
When I was a kid, I made routines for everything I did throughout the day. When I ate fast food, I ate the french fries first, then the burger, no matter what. Every day after school I’d go straight to the library and finish all the homework I had. I hated taking work home, days when my mom wouldn’t let me stay after the bell, I didn’t do the homework at all. I refused to break routine.
If you can’t tell from the fact that…
Blockchain can do wonders for the music industry.
I love drawing connections between industries, bonus points if I’m passionate about either, or both. In a past life, I managed artists and producers. I’m knowledgable regarding the music industry, and fluent in blockchain (or at least that’s what I like to tell myself).
Let’s think about what blockchain is good for:
One of my favorite explanations of blockchain and its applications is this excerpt from TheConversation. …
It’s been an interesting month for cryptocurrency.
We saw the end of the Craig Wright case (more on that later), the Portuguese government declared they won’t tax crypto, and John McAfee is still at risk of having to honor the gruesome bet he made.
Let’s take a look at what’s been going on, and what it means for the future.
With competitors coming out of the woodwork over the past few years, people are beginning to wonder if Ethereum, the King of the dApps, is at risk of losing its’ throne. But, just because there are some younger and healthier princes in the castle, doesn’t mean they can dethrone the king.
Bespoke Design Labs / Blockchain Lead @ Akoin / Obsessed with decentralized economies and blockchain as a whole: reza@bdl.media