FUD FAQ | A Weekly Community Thread | Week 25
FUD FAQ | A Weekly Community Thread | Week 25
Top Question of the Week
• What is LOOK? What do I do with it?
If we told you what exactly you should do with, it would actually be the opposite of what it is.
LOOK, the web3 fashion version of Loot, is taking the bottom up approach, whereby you as the collector and holder help create the full extent of what can be done with it. And there is no ceiling or floor to just how far that can go. It might seem like some spacey new wave out-there idea. But just 12 months ago, how many people believed in NFTs? 18 months ago how many people believed in DeFi? This world moves super fast, and that’s only being accelerated, and Loot style projects aren’t any different. They are bringing us closer to the bare root of how we build the open web3 metaverse.
Composability here is the key. It’s a factor and function of the simplicity of on-chain provable text based elements that feed into combinatorial code in ever evolving ways.
LOOK is the source code to what you can wear. Some might even say it’s the Meta Source. Don’t know what that means? Read more about that here. You can think of it like open source programmable text for materialising and fabricating your metaverse look book across the realms— IRL and digital.
DIGITALAX and the Global Designer Network are launching some cool projects around LOOK and to stoke and inspire further the fashion derivative ecosystem. What you do with it is up to you, but not only you. You and all of the other creators and collectors. We just announced our design competition, where LOOK is being used as the active tool to guide and support new dwellers coming into the web3 NFT and fashion space. If you know someone who wants to get in but doesn’t yet really know how, share them this medium blog , get them designing and our Global Designer Network will select those that show promise and reward them with a LOOK, gaining them direct access to the heart of web3 composable metaverse fashion.
Most Common Repeat Question
• How can we take $MONA to the moon?
Know any astronauts or SpaceX aerospace engineers? Yo, Elon, where you at? Got any Shibs you want to dress up? 😂😂👀😆
Ok, ok. Let’s get serious. It’s the most repeat question almost every week, because those who get how comprehensive and deep the DIGITALAX ecosystem is, wonder why more people don’t realise the critical utility that $MONA plays within that.
So what’s the best way to get $MONA to the moon? Well, what’s your dog’s name? Neither of those are exactly the right question to be asking. Better, and more interesting— what does it take to get web3 fashion, p2e gaming and the metaverse to reach the 1000x scale that we all know we are on the cusp of, within the shortest amount of time possible, because the world we are in today desperately needs it. We accomplish that bigger mission and $MONA will be right there with it as an intrinsic utility and conduit of value for every part of the ecosystem.
And, how do we actually do that? Keep up with our primer here , join the discord here , and, if you are whitelisted for the first distribution for LOOK, jump on in, I heard that it’s kind of a big dill. 😉
Top Controversies in the Industry
Well, we tried to look for something more controversial than this one, but, yeah, it’s kind of hard to beat. Most of us probably have already heard all about it. What is it? Nate Chastain insider trading, flipping NFTs and front running the market from the front page of Opensea. Sigh. Just when you thought it was only another Tuesday.
So, what’s the take on it? Well, his Twitter profile does say Past: @opensea , so that was a pretty quick laying off. Who knows what’s next as the plot continues to unfold. But there is one thing to say, triple entry bookkeeping through the blockchain is hard to hide from the timestamps and obfuscate the metastory.
Silly Fails and Trolling
Probably the biggest silly fail. Solana going down for more than 20 hours. If you want to be a Layer 1 blockchain, just make sure to remember that decentralisation is a key component, principle and ultimately requirement. It might last for a bit being a VC pump and dump infrastructure, but eventually, you’ll always get caught out. Because, that’s the thing about web3, it kind of imposes decentralisation. If not, then it’s not really web3? Get it? I don’t think Solana did. Or maybe it was just an episode of Peaky Blinders playing out behind the scenes with Charles Hoskinson saying “fuck around and find out”. And we certainly did find out. Unlike, what the hell is up with his 4 year pending useable “blockchain”.
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!
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