Ahri's unqualified thoughts #20
Ahri's unqualified thoughts #20
Random articles, quotes, videos, musings. Easy to consume content: 1 quote, 1 tweet/storm and 1 article/video.
On today's menu: a tweetstorm about Azuki’s latest reveal: Elementals, and we talk a bit about BlackRock and their forrays into crypto.
1 quote
“Nobody does wrong willingly” Socrates.
1 tweet/storm
As a devoted weeb, it's pretty normal for me to be into Azuki. Even though I can't afford to own any Azuki myself, I still keep up with their latest updates.
The past few weeks have been filled with excitement and anticipation as Azuki prepared for their Vegas event. The event featured parties, talks, meet-ups, and more.
During this event, Azuki finally unveiled their latest creation: Elementals. The trailer got me hyped up, but we still don't have all the details about what exactly these Elementals are. What we do know is that there will be a total of 20,000 of them, with 10,000 exclusively available to Azuki holders. Additionally, there are four factions to choose from. Oh, and I have to mention that their website is really cool!
Anyway, I'm hoping to get lucky and mint one of these Elementals. Wish me luck!
All mint details:
1 article/video
In this piece from DLNews, they tackle the topic of DeFi, KYC, and how institutions look at the market. Here’s a TLDR:
BlackRock's Joseph Chalom highlights the need for widespread adoption of know-your-customer practices for institutions to fully embrace DeFi.
Traditional finance professionals at a Coinbase conference discuss the pace of putting stocks and bonds on the blockchain.
Despite the SEC crackdown, Wall Street is actively entering the crypto space.
Chalom believes the tokenization of traditional assets will happen, but slower than expected.
The debate revolves around the importance of know-your-customer (KYC) and anti-money laundering (AML) practices for true institutional adoption, while developers emphasize the permissionless nature of blockchain technology.
I believe I may have mentioned this in a previous blog post, but I think that a more robust framework is bound to emerge, and perhaps even become a necessary (evil) development.
KYC/AML forms an integral part of this process, although it appears to contradict the very ethos of cryptocurrencies (anonymity/decentralization).
I find myself somewhat meh on the matter, as the pessimistic side of me insists that humans will invariably attempt to exploit any system, necessitating a multitude of safeguards to prevent potential problems.
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