LensLinks: Issue 62

A blockchain news roundup, brought to you by Regiment LLC

Author

Len Pacek
December 30, 2022

Today in LensLinks:

  • #shibarium?

  • 101: Four Essential Ingredients for Building a Loyal Blockchain Game Community

  • Solana below $10

  • "No Advisors, Crypto is Not a Ponzi Scheme"

  • MECX Interview ChatGPT

  • ABBA Voyoge Avatar Show

  • Why Blockchain "Will Remain a Big Deal in 2023"

  • 2022 Killed Wide-Eyed Crypto Idealism. Here Are Lessons for 2023

  • And Much, Much, More...

QUOTABLE...

“Shytoshi is hinting at something for the #SHIB community!!! New Partnership incoming?! #shibarium?”

- Twitter user @ShibaInuHodler

NOTABLE...

Old tweet from Shiba Inu lead resurfaces teasing end of year development

Twitter user @ShibaInuHodler drew speculation over a message posted by Shiba Inu Lead Developer Shytoshi Kusama in January 2022.

https://cryptoslate.com/old-tweet-from-shiba-inu-lead-resurfaces-teasing-end-of-year-development/

Speculation mounts over Shytoshi's reveal, which may relate to the roll out of Ethereum Layer-2 solution Shibarium.

 Metaverse & Gaming

Four Essential Ingredients for Building a Loyal Blockchain Game Community | CoinCodex

Blockchain game creators can build a loyal community by creating an addictive game that is consistently enjoyable and has a competitive element. The play-to-earn element of blockchain games can make them extra competitive, giving players the chance to earn real-life rewards as well as prestige for winning. It is also important for creators to listen to and engage with their community, as well as providing regular updates and new content to keep players interested. In addition, transparent and fair governance is crucial for building trust and fostering a sense of ownership within the community.

https://coincodex.com/article/22845/four-essential-ingredients-for-building-a-loyal-blockchain-game-community/

  • Create An Addictive Game

  • Make It Competitive

  • Invest In Your Community

  • Get The Community Involved

 Blockchain, Tokens & DeFi

Solana-Based Tokens Tumble as ‘Ethereum Killer’ Continues Slide - Decrypt

The price of Solana's native cryptocurrency fell another 6% on Thursday, pulling other tokens in the ecosystem down with it.

https://decrypt.co/118111/solana-based-tokens-tumble-ethereum-killer-continues-slide

Once highly praised by the disgraced founder of the now-bankrupt crypto exchange FTX Sam Bankman-Fried, Solana fell below $10 for the first time in nearly two years on yesterday. SOL is now down 96.3% from the all-time high of $259.96 seen in November last year.

Crypto Trading

No, Advisors, Crypto Is Not a Ponzi Scheme

While the FTX debacle has many Ponzi-like characteristics, most cryptocurrencies don't resemble the infamous schemes.

https://www.coindesk.com/markets/2022/12/29/no-advisors-crypto-is-not-a-ponzi-scheme/

Since crypto exchange FTX collapsed into bankruptcy and its Ponzi-like shell game with investor money was revealed, many commentators have doubled down on their criticism of cryptocurrencies as a type of Ponzi scheme.

For those who need a review, Ponzi schemes start with an initial investment from an early round of investors, and the money is then used (and spent) for the purposes of the general partners or issuers of the investment product. When the time comes that the original investors want to withdraw their funds, their investments are returned through funds invested by subsequent rounds of investors, giving the illusion of solvency and returns.

Metaverse & Gaming - A Little More...

MEXC Interviews ChatGPT: Although I Am Not Humorous, I Know How to Make 10 Million | Bitcoinist.com

ChatGPT is a chatbot from OpenAI. It became instantly famous, with more than 1 million users within the first five days after launch. Even Elon Musk said,

https://bitcoinist.com/mexc-interviews-chatgpt-although-i-am-not-humorous-i-know-how-to-make-10-million/

ABBA's successful avatar show in London offers a glimpse at a daring new direction for live music

ABBA Voyage has proved a hit with critics and fans, and industry professionals told CNBC it had redefined the parameters of AR-based entertainment.

https://www.cnbc.com/2022/12/29/abba-voyage-avatar-show-in-london-offers-glimpse-of-future-for-live-music.html

Niranjan Gidwani on the technology trends in 2023 and beyond

Niranjan Gidwani on the technology trends in 2023 and beyond

https://www.adgully.com/niranjan-gidwani-on-the-technology-trends-in-2023-and-beyond-126757.html

Blockchain, Tokens & Defi - A Little More...

Real World Assets Could Be the Growth Catalyst DeFi Needs, Experts Say By DailyCoin

Real World Assets Could Be the Growth Catalyst DeFi Needs, Experts Say

https://www.investing.com/news/cryptocurrency-news/real-world-assets-could-be-the-growth-catalyst-defi-needs-experts-say-2971060

Why blockchain will remain a big deal in 2023 and beyond

The cryptocurrency market is currently under great scrutiny, but looking at the forecasts for 2023, it appears the market may rebound.

https://interestingengineering.com/culture/why-blockchain-big-deal-2023-beyond

Crypto Trading - A Little More...

What is CeDeFi? How Does CeDeFi Work and Why Does it Matter?

Find out what CeDeFi is. Read on to find how it combines the aspects of centralized and decentralized finance to create a bridge between them

https://coingape.com/what-is-cedefi-how-does-cedefi-work-and-why-does-it-matter/

2022 Killed Wide-Eyed Crypto Idealism. Here Are Lessons for 2023

The hyper-financialization of the crypto space, and extreme emphasis on “number go up” only hurt the space in 2022. Next year, it’s time to try a different approach.

https://time.com/6243618/crypto-lessons-for-2023/

Industry Retro (How far we have come)

Bitcoin Is Worse Is Better · Gwern.net

2011 essay on how Bitcoin’s long gestation and early opposition indicates it is an example of the ‘Worse is Better’ paradigm in which an ugly complex design with few attractive theoretical properties compared to purer competitors nevertheless successfully takes over a niche, survives, and becomes gradually refined.

https://www.gwern.net/Bitcoin-is-Worse-is-Better

An interesting look from 2011 on "The genius of Bitcoin".

ESG (Environment, Social & Governance)

PwC 2023 Metaverse Predictions

How will the metaverse impact business next year? Six trends to help executives shape their strategy.

https://www.pwc.com/us/en/tech-effect/innovation/metaverse-predictions.html

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Disclaimer: This note is distributed by Regiment, LLC for informational purposes only and is sourced from publicly available media reports. It is not an investment recommendation or solicitation for any investment. The information is current as of date and subject to change. In such case Regiment, LLC does not undertake to provide any updates. Recipients must be aware that any private, alternative investments discussed are speculative in nature, often illiquid, and subject to loss of capital.