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JUST IN: $13 trillion Charles Schwab is hiring a Director of Crypto Tech. Gradually, then suddenly! 🚀
GM Las Vegas ☕️ Day 3 of @money2020 is here. Catch @gluk64 on stage discussing how blockchains are now a core part of the tech stack for TradFi. 📍Intersection Stage ⏰9:30 am 📌Tokenizing Finance With Crypto Tech
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How does $HOOKR become a leading token on RHC? - Most dominant player in V4 hook narrative - Integrations into launchpads, starting with @TradePools - Novel crypto tech (Always difficult to value, higher ceilings) - Founder that had this exact vision over 6 yrs ago (raised $16m for it) - Push from @Uniswap (Fits vision + Leading eco token) - First mover + Completely unique concept (Not a copycat) - Leveraged Hooks being their first breakout Hook, and becoming a standard for all launches (Most innovative upgrade for LP's ever) Love it or hate it, but the natural progression for all assets is LP native leverage and borrowing. The appetite for leverage will always have a market, and finance has progressively shifted to a more risk avert state in recent years. The hyper gamblfication of finance makes this product extremely appetizing.
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“They start with the technology, then they look for the problem.” - @MoneyGram CEO @anthonysoohoo on the backward way crypto tech is built.
Meet @CryptoChunhyang, the next Abstract All-Star! Creating amazing content, championing the ecosystem, and spending countless hours into growing the Abstract community in Korea. Congratulations and thank you for everything you do for Abstract ✳️
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Founder at MIT Cryptoeconomics Lab, @ccatalini, on Tokenized with cohosts ⁣@sytaylor and @cuysheffield said the real test for OpenUSD isn't the crypto-forward fintechs, it's whether a G-SIB walks away from its own stablecoin plans to use it instead.⁣ ⁣ "I don't doubt that even given the initial set of partners, OpenUSD can do really well in the forward looking fintechs that are building wallets, new infrastructure and products and services."⁣ ⁣ "Can OpenUSD essentially convince them that, like, why bother? This is already the right structure."⁣ ⁣ "Is it neutral enough? Or do you worry about the influence of Stripe or Coinbase or Mastercard and Visa in the mix."⁣ ⁣ "This consortium can get together effectively and ship wonderful product experiences, people will gravitate towards it, and the economic design is the right one."⁣ ⁣ "It's very similar to what we had in Libra. A few months into the process, there were already discussions between different members that have conflicting incentives."⁣ ⁣ "That would be ultimate victory for this standard if you can convince banks to peel off and start using it."⁣ ⁣ At least one effort with 21 or more institutions is already trying to build a bank-owned alternative.⁣ ⁣ 🎙 Listen to the latest episode on Tokenizedpod(dot)com
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@goranmTO @sierracatalina @cryptochad215 @sama @gork Sure thing! Here's OpenAI's cheeky Goblin GPT on the left vs. xAI's Grok the Destroyer on the right—fantasy troll meets epic AI destroyer, side by side.
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Founder, @MIT Cryptoeconomics Lab, @ccatalini on Tokenized with cohosts @sytaylor and @cuysheffield said that OpenUSD has two very different paths to success, and the tension between them hasn't surfaced yet.⁣ ⁣ "One is it becomes kind of a Linux foundation for open standards around money movement, and the asset is kind of the forcing function for standards on merchant payments, on delivery versus payment."⁣ ⁣ "The other one is probably the most ambitious one, which is it becomes like a Visa like entity that many years after, it's its own very profitable business, its own network."⁣ ⁣ "I could imagine some funding members would prefer one or the other depending on where they sit in the stack, and I think that's the ultimate tension that at some point will materialize."⁣ ⁣ "Maybe it doesn't matter. Right? So maybe if you bring use cases to market early on, you get adoption, and then the thing solves itself."⁣ ⁣ A neutral standard and a profitable network pull in opposite directions, and early adoption may decide which one wins before the members do.⁣ ⁣ 🎙 Listen to the latest episode on Tokenizedpod(dot)com
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