FUD FAQ | A Weekly Community Thread | Week 76
FUD FAQ | A Weekly Community Thread | Week 76
Top Question of the Week
• What happens next after the merge?
It’s clear to anyone with a pulse and internet connection that macro doubts about where economic value comes from, geographic shifts in capacity to grow material productivity, and image synthesis for every form of creative communication are dominating the public narrative.
But, where do they come together?
Marketplaces need independent, decentralised mediation.
DIY machine to machine compute is still incredibly expensive and complex. Universal access to the means of local micro-manufacturing is a step even more abstracted away from immediate understanding and reach. It’s clear that nothing that’s been tried before has worked to smoothly coordinate incentives and route around bad actors to make each of these work together.
For anyone that’s been in web3 more than a minute, it’s obvious that purpose designed NFTs and related fungible tokens, now benefitting fully from the post merge upgrade to PoS, are the way forward.
Most Common Repeat Question
• What’s W3F, DLTA, MONA have to do with it?
Purpose dedicated tokens and NFTs aren’t just a nice to have or passing hobbyist collector craze. There is more to their value, than where they rank in token price listings at any given point in time. If we are here to solve really big human, economic problems, and expand the richness of personal and social self expression, then there are some very challenging and precise blockers standing in everyone’s way, seamless transitions between IRL and virtual experiences, galleries, storefronts and game like life layers, machine to machine tooling that actually works, for the global internet connected creator-base and universal access to micro-factory production, in a way that is co-op owned and operated, are absolute musts.
Without them, economic and social activity gets reduced to fancy stories.
As much as we love a good story, the value of token activity must be rooted in more tangible forms of engineering.
Like with Ziegler’s pattern book opening the way to new leaps in knowledge and skill sharing, the road ahead is paved by community developed research and documentation that will provide a growing market not just with the information needed to understand how all of these gears fit together but with greater ability to discover, test and contribute to it yourself.
In combination with the larger protocol refactoring and upcoming releases, the weekly distribution of activity based tokens, including W3F and DLTA , are being reconfigured to match this upgrade in direction.
This means that the current distribution is currently on hold whilst we effectively select, through governance with the community in the upcoming weeks, which route is most in-line with the role each token plays within the ecosystem.
There will be a set of dedicated announcements corresponding to this with the next engineering release batch.
Top Controversies
Just as much as the minuscule number of print artists that were employed consistently by large overbearing publishing and corporate content houses, were annoyed by the rise of digital art, giving a path to any hope of monetistation whatsoever to vast members of new artists throughout a newly connected digital world, there’s a new wave of angst kicked up about whether image synthesis is good for artists or not.
Some really prominent artists featured frequently in prompts are quickly rushing to reduce their participation without understanding how prompt modifiers even work.
We think another perspective offers a much more coherent take.
“In a sense, our prompts are search requests in latent multiversal space, the model zeroes in on the request through vector search, and in these images we are “remotely viewing” an alternate reality where whatever we asked for exists — and then we tune our parameters to see it better much like we tune aperture and shutter speed in conventional cameras.”
Silly Fails and Trolling
Gensler is at it again… and this time it’s even more obnoxiously disrespectful to any form of sound legal reasoning, blatantly ignoring the number of prongs that need to be satisfied in order for something to run afoul of the Howey Test.
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