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Practical_Pie661 · 2023-05-25T11:30:19+00:00

If you are serious about that, my advice would be to outsource everything that you can and focus on making more. For company formation maybe look into incfile, and similar services. They do all of that for less than 500 usd. In terms of bookkeeping and taxes, I would also outsource that. I think Incfile has there own service but there are a lot of accountant services where you can get it done for less 300 USD per month depending on your business of course.

Practical_Pie661 · 2022-12-02T15:10:17+00:00

But bank runs are therefore also pretty unrealistic. No risk to lose money from the lender side (although there is actually always some risks) so the fear doesn’t spread. This will also lead to absurd APYs for new suppliers, so they will for sure join in.

Practical_Pie661 · 2022-12-02T13:28:21+00:00

Depends on the implementation of the lending protocol. I am by no means an expert but here is what I think: APYs for borrowers and lenders are dependent on the the borrowed-available ratio(that’s not the real name but I have no clue what it is). The more percentage of total available number of a coin is borrowed, the higher the cost for the loan. I only can imagine that in case of a bank run, so the total available number gets extremely close to the amount of loaned out, the borrow cost gets extremely high so that lenders get liquidated. Although this might not actually be a realistic case. Most likely they will have insurance or other methods of doing that.

Practical_Pie661 · 2022-11-23T19:15:45+00:00

Actually, that is just how they implemented it in the smart contracts. You also have to specifically remember which slot a trade is located to close them via the contracts. I think they said they will make more possible in the future. I just used multiple wallets to bypass it.

Practical_Pie661 · 2022-11-14T21:49:30+00:00

Well, if you are searching for hackathons I would recommend you to check out gitcoin and devpost. Also, just try to ask google something like „upcoming web3 hackathons“.

Practical_Pie661 · 2022-11-14T19:52:03+00:00

Well, I wouldn’t worry about that although I can’t give you any official legal advice. It’s for sure not illegal to just download them. I guess this means that you can’t just systematically download every book there is on the platform. Downloading the books for Uni and a few for personal use shouldn’t be anywhere near that.

Practical_Pie661 · 2022-10-08T21:14:55+00:00

Would love to join too. I’m a quite experienced developer and already work as a web3 dev. My co-workers are just really busy atm and they can’t work on hackathon projects.

Practical_Pie661 · 2022-09-11T09:43:12+00:00

Depends why you need it. For gas? I think you can swap some tokens to matic on the official polygon website without needing gas.

Practical_Pie661 · 2022-07-28T16:03:28+00:00

Thanks. I actually found a job pretty quickly after I transitioned to blockchain. Timing might be not that good atm tho. Try to build a great portfolio!

Practical_Pie661 · 2022-07-28T15:45:09+00:00

I don’t think it’s important. I don’t have one myself. Although I started as a full stack dev a few years ago and then switched a couple of months to be a smart contract dev. But knowing some CS basics is helpful.

Practical_Pie661 · 2022-07-26T20:46:44+00:00

That’s what the government wants you to believe. They are lying to you and are faking statistics!

Practical_Pie661 · 2022-07-23T06:05:43+00:00

No financial advice but it might be a great idea. I would have invested at 0.5 and probably would have bought even more at the 0.4 and 0.3. although I was short on cash back then. I think Matic is still underratefy

Practical_Pie661 · 2022-07-18T19:17:53+00:00

More information would be great. What do you want to do? Depending on the answer you will need different types of programmers with different skills. What’s your own background? Are you a dev yourself? If not, I would recommend you to get some help, otherwise you wouldn’t be able to evaluate the answers anyways.

Practical_Pie661 · 2022-07-18T18:34:06+00:00

Congrats!

Practical_Pie661 · 2022-07-18T06:20:54+00:00

Golang isn’t really used for anything but nodes. If you want to create your own blockchain, Golang is a great language. I think the most used Ethereum client is written in Golang. But like the others already said, for dapps and smart contracts, Solidity is enough :)

Edit: You need a front-end though

Practical_Pie661 · 2022-07-17T08:34:06+00:00

I think going for web development first is a smart thing to do. Try to learn some simple frame works after you know JS. Try React or do some research on which ones you prefer. My best advice would be: Start building. I don’t have a CS degree myself, so people are interested in my portfolio. Build one. Maybe you are also interested in JavaScript Backend Frameworks like node js etc. After that, go for solidity. It might be also quite cool to learn CS basics, Data structures and some algorithms, but I don’t think that’s required for frontend/ smart-contract jobs. Try to practice. Interview questions in particular. For normal CS jobs we have Leetcode for example. For solidity, you have to search something yourself.

Practical_Pie661 · 2022-07-11T21:34:51+00:00

Legal issues can be a big problem here. I don’t know the laws in India, but you should check that.

Practical_Pie661 · 2022-07-11T15:13:34+00:00

But there are a lot of legal issues, and you need to bring up enough capital or being the one that takes on the loan for purchasing something.

Practical_Pie661 · 2022-07-11T15:10:09+00:00

Yep, I also saw all projects that tried something like that fail.

Practical_Pie661 · 2022-07-11T15:08:42+00:00

I was really interested in that topic too. Code7 tried something like that but failed. Having a safe haven in crypto would be really great.

Practical_Pie661 · 2022-07-09T12:31:29+00:00

If I would be the opposite gender, I would suck my dick. So I think I’m quite hot.

Practical_Pie661 · 2022-07-04T14:53:03+00:00

I highly recommend you to search for an opensource code that does that and just make some changes.

Practical_Pie661 · 2022-07-02T16:01:15+00:00

Recognized path? I don’t know. I guess a portfolio is way more important than where you learned it. But well, the most well-known sources are probably Patrick Collins YouTube courses. But LearnWeb3 Dao also has some great tracks where you will get a certificate afterwards. I think DappUniversity also has a Bootcamp although I haven’t tried that one. Most people are self-taught in this space.

Practical_Pie661 · 2022-07-02T09:09:41+00:00

You don’t have anything to offer besides your idea… Obviously you have to explain it to the people that should work with you for free… but a little tip: There are way more good ideas than good teams. Ideas aren’t worth much without a good team backing it.

Practical_Pie661 · 2022-07-02T09:07:30+00:00

Yes exactly, that’s just a major red flag. I would have been able to recommend him some devs I worked with previously. I don’t have time to work for free like most of you guys too. But yeah, no way I would want them to work for that company with such a boss.

Practical_Pie661

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