FUD FAQ | A Weekly Community Thread | Week 50
FUD FAQ | A Weekly Community Thread | Week 50
Top Question of the Week
• As it feels like more of the economy and world are being concentrated and cut off by the hands of just a few people, what can we do long and short term to grow more self sovereign decentralised economic activity?
Whether it is Russian tanks on the assault isolating their own nation from the rest of the world, or, over zealous regulators throughout Europe and the US trying to limit domestic economic vibrancy at the worst possible time.
The best thing that any of us can do is to continue to create and support those most in harms way as much as possible. For the long term, that means decentralised factory production, both in the abstract factories as code sense, and, literally.
Most Common Repeat Question
• When will the Rarible integration be complete?
The team has been hard at work to re-engineer every part of the architecture required for integration right from the start of the grant process. There have been unexpected delays with Rarible needing to redeploy their Polygon smart contracts after an error was encountered, and then, with the entire Polygon network being a mix between down and far slower than usual over the past week.
Nonetheless, this coming up, we are expected to finalise the most critical parts of the integration and start testing and deploying with the first custom interfaces! This is super exciting and more will be shared soon!
Top Controversies in the Industry
No surprise that Yuga has revealed itself as yet another web2 corporate stooge in web3 clothing. The consolidation of “blue chip IP” bullshit is so far removed from the actual spirit, practice and promise of web3 that it is sad that so many fall for it.
Look, we have nothing against trading cards, they can be super cool, but the entire point of web3, decentralisation, blockchain can easily be understood by anyone thinking back to why Vitalik was so pissed off that WoW nerfed the game and locked down control over player’s assets. The nostalgia effect only goes so far when it comes to the digital equivalent of pieces of paper with fun graphics on them.
BAYC isn’t to be commended for doing the obvious move of giving Punk’s holders the limited rights that are only a little bit better than what Lava Labs granted them. It’s obvious that they only did that to gain perceived leverage in corporate controlled markets. Wouldn’t be shocking if the next announcement around the corner is BAYC being bought by Disney or some similar IP leviathan.
If it’s not CC0, it’s not your creative keys and it’s not courageous.
What would have been much cooler would have been for them to cc0 everything and focus relentlessly on providing greater genuine web3 enabled utility that supports directly other authentic builders and projects in the space.
Silly Fails and Trolling
Next thing you know, these Apes are going to be saying that you need to show your papers please for buying mangoes at the local market. It shows how little they’ve ever known about NFTs, where they don’t understand that these are goods, nothing even remotely resembling securities.
Sophisticated debate about when it’s appropriate to engage in KYC/AML related to sanctions or actual complex financial instruments is only lessened when web2 tech bros flex their privilege to restrict the market activity of everyone else for even the most mundane of cultural exchange and basic goods and services.
View all FUD FAQ here.
If you would like a question answered or contribute content to next weeks article please reach out through our DIGITALAX Discord server in #FUD-FAQ channel!
Join our Community!
• Twitter: https://twitter.com/DIGITALAX_
• Discord: https://discord.gg/DKbSqRGtKv
• Medium: https://medium.com/@digitalax
• Telegram: https://t.me/digitalaxTG
• Github: https://github.com/DIGITALAX/
• Instagram: https://www.instagram.com/_digitalax /