All project parties involved in public chains, NFTs, DeFi, and memes Must clearly recognize that The community before TGE No matter how prosperous, lively, or strong the consensus is Is all 'performed'
Performed for the project parties Performed for the foundations Performed for VC Performed for retail investors Performed for CEX Life is like a play, it all depends on acting skills
The real test begins on the day of TGE That is the true starting point of entrepreneurship Day 1
A brief history of the new BTC L1 protocol that a 60-year-old grandma can understand
Have you been confused by the endless new protocols such as Ordinals / BRC-20 / Atomics / Pipe etc. that have appeared recently? Not sure what the relationship is between them? Don't worry, let me help you sort out the timeline and the several lines implicit between them. Try to use concise language without complicated concepts. The goal is to help newcomers understand it, and even old ladies can understand it. This article does not constitute investment advice (NFA).
Chapter I Ordinals and BRC-20, Casey and domo’s joyful world
Bitcoin’s Pandora’s box was opened by a man named Casey Rodarmor (𝕏 ID @rodarmor).
What advantages do technical staff have in Web3? There are four core points.
In the first episode of the Sea Talk podcast, guest Shep believed that people who understand technology have a particularly great advantage in Web3, which is mainly reflected in the following four aspects:
1/ Easier to discover and understand new projects
Especially for new projects, if you understand the technology, you may be able to figure out what problem he wants to solve, or what his point is. Or the project is actually not feasible. If you understand the technology, you will know that this project is a money scam, and what he proposed is not feasible at all.
After having this knowledge, you can use this cognitive advantage to invest. You can also directly participate in the build process of the project. Many Web3 projects are projects to which the community contributes. If you are a developer, you can contribute your code, which is a great first-mover advantage.
2/ Has huge cognitive advantages
If you know technology, you can take advantage of the openness of blockchain for arbitrage. What many scientists do is actually arbitrage, such as common MEV robots, or there are many NFTs that are designed to capture fat finger misoperations. The floor price of a project is 100 ETH, and someone mistakenly pegs 10 ETH. The robot can monitor this Things, buy it quickly and then hang it on the floor to sell it, or accept the offer and directly arbitrage.
3/ Be able to better participate in Web3 entrepreneurship
The essence of blockchain is still a technical field. It is a set of things composed of different technologies.
As a technician, you can find out which subdivided tracks the current technology may have problems with, there is no way to solve the needs, or the solution is not good enough. You can use your own technical advantages to develop corresponding solutions. For example, you can develop tools, develop products to start a business, or simply develop a tool to sell. I think this is also an opportunity that an engineer can take advantage of in Web3.
4/ Can be a preacher
Most people in this circle still don't understand technology. They can use their cognitive advantages to explain it to everyone in an easy-to-understand way that ordinary people can understand. For example, explain what this new thing is about, so that everyone can understand it. More people understand and come into contact with Web3 and blockchain, or become a KOL.