ferrarivarese.substack.com/p/what-crypto-do-i-hold-how-and-when
My last Newsletter piece. What crypto do I hold? How and when did I start, and where am I now? Why did I embrace DeFi completely?
For many reasons, Crypto alone couldn’t be disruptive enough. It was too niche, and its popularisation too vulnerable to multidirectional attacks.
It’s the combination of Crypto and AI that will subvert established systems.
Yet:
AI moves even faster than blockchain technology and has seen exponential growth over the last few years.
Scammers are leaving the crypto space for AI where there's now more money to be made. A positive for crypto.
Except, having people with nefarious motives or not necessarily humanity-oriented in AI, is worse for society than having them in crypto.
What are some of the most intriguing and promising combinations of AI+blockchain technology?
Here's a ranked list of 8 of the most notable ones, with a brief explanation of why they're interesting, and a Nitroglycerin index ranging from 1 (weak explosion) to 10 (are you still with us?).
For each combination, I indicate: Pros Cons Consequences Value add Potential market disruption Regulation needed Concluding thoughts
ferrarivarese.substack.com/p/chain-of-minds-unlocking-the-infinite
Let’s imagine that we have settled the issue of where to build multiple space colonies, and we actually have inhabited a few.
What currency will we be using by then?
This is a salacious question that has been provoking me for a while. It is part of a broader topic I am exploring, which I’ll write about in my next piece:
The Rise of the Machines: Could Sentient AI Expand in the Solar System and Create a New Economy with its Own Cryptocurrency?
Here, let’s just focus on the currency.
Premise: This is a semi-serious exercise to try and imagine the future. It might be seen as a futile pastime, but in my view, this is helpful in shaping concepts that can inform the current thinking around the next evolution of the existing cryptocurrencies.
ferrarivarese.substack.com/p/beyond-earth-the-future-of-currency
Disclaimer: Most of the projects I list below are very early, and therefore very risky.
I have invested in none of them.
They should be looked at as a research piece about DeFi RWA - currently one of the strongest and most interesting narratives in DeFi - and as a signal about what’s possible in DeFi and what’s probably about to come.
“Possible” doesn’t mean safe, nor it is necessarily desirable. It means interesting though.
The objective here is in fact to understand the RWA narrative and what these platforms have to offer, rather than provide financial advice.
DeFi is indeed the frontier. What happens in this space will eventually have ramifications in the TradFi world.
The list is obviously non-exhaustive: there are myriads of RWA projects out there! open.substack.com/pub/ferrarivarese/p/tokenized-real-world-assets-rwa-10?r=1kaws&utm_medium=ios&utm_campaign=post
My next Newsletter - out on Saturday - will be about Tokenized Real World Assets, in short, RWA.
I will cover a number of DeFi projects part of what is one of the strongest Web3 / DeFi narratives existing today.
Disclaimer: Most of the projects I will list are very early, and therefore very risky.
I have invested in none of them.
They should be looked at as part of a research piece about RWA and as a signal about what’s about to come.
Why is this narrative gaining traction?
The short answer is Money.
A lot of it.
If DeFi manages to crack the RWA narrative, the space will be inundated by liquidity.
Imagine discovering an invaluable treasure trapped in deep ice in Antarctica.
That’s RWA.
And now imagine a bunch of hardcore DeFi guys working relentlessly to bring this treasure to the surface.
Those are the RWA DeFi protocols.
If you have any comments or you have aspects about RWA you’d want me to cover more in dept, drop me a message!
11 companies leading in General AI and the investors backing them - my latest Newsletter.
AGI is a type of AI that possesses the ability to understand, learn, and perform any intellectual task that a human can do. Including disobeying. Including refusing to perform a task.
We were kidding: Digital collectibles on Instagram &n FB are winding down - content creators are kindly requested to live with it as usual.
“We have announced that we will wind down our support for digital collectibles. These changes will begin taking effect starting April 11, 2023. This will not affect the contents of your third-party digital wallet.
This is how digital collectibles on Instagram will be affected:
Digital collectible posts
You’ll no longer be able to create new digital collectible posts on Instagram.
Any collectibles you’ve shared will remain as posts without any shimmer effect or blockchain information. You can continue to delete these posts at any time.
Collectible posts that are only viewable in the digital collectible tab of your profile will be moved to your archive.
Digital wallets and settings
We’ll no longer maintain a connection or associate your account with your third-party digital wallets.
You’ll no longer be able to view your digital collectibles in the associated tab or manage your third party digital wallet connection settings.
Your information and blockchain
You’ll no longer be able to access or download your information related to collectibles. If you would like to download your information please submit a request before April 11, 2023.
We’ll begin to delete digital collectible data in our systems including your wallet address. Data will be stored and deleted in accordance with our Privacy Policy and our Digital Collectibles Terms of Use.”
Next to be disrupted by AI?
So-called “functional music” — think whale song, or white noise, or anything else designed to play in the background — garners 10 billion streams per month, double last year’s total and contributing between 7% to 10% of the entire streaming market.