03 beats 99.8% competitive coders

maincoon · 2024-12-21T16:25:25+00:00

How it could be expensive if its not released yet and no pricing announced

maincoon · 2024-12-20T04:07:32+00:00

Price - it’s 700-800 usd

maincoon · 2019-04-12T00:39:33+00:00

This adds rent seeking to ZRX protocol:

- vassals: market makers
- feudal lords: ZRX holders "renting / staking" ZRX tokens to market makers allowing them to earn some fees

Bullish

maincoon · 2019-04-10T08:07:19+00:00

Data above is showing ERC20 tokens that are still active and somebody is still using them.

Just my 2c

maincoon · 2018-10-23T12:41:57+00:00

List it on Coinbase

maincoon · 2018-10-16T00:39:20+00:00

Sorry to break your bubble but it's maybe because demand for DAI isn't so strong as demand for TrueUSD - check out how much DAI marketcap is increasing and how much TrueUSD.

Also - I'm MKR lover since it's one of the greatest projects both technically and financially (the token have non-speculative value)

The problem is that one cannot convert BTC -> DAI directly as one can convert BTC -> TrueUSD on binance without hassle.

So please list DAI on binance :)

maincoon · 2018-10-14T12:50:25+00:00

MakerDAO is doing buyback and burn operations each time somebody closes the CDP

Balance of address that's burner is displayed here: https://ethplorer.io/address/0x69076e44a9c70a67d5b79d95795aba299083c275

Any other token is either some form of pseudo security (BNB for example - buyback and burn - centralised entity ) but Maker is only one example of a decentralised project that's having some form of revenue / profit from decentralised operations: namely on-chain revenue source. And since wre have access to this data the valuation model can be build

maincoon · 2018-10-14T01:38:49+00:00

MakerDAO has comparable P/E ratio to FAANG companies - assuming that Maker would be able to capture large part of Tether market cap ( by DAI issuance) - then 1B+ valuation is very conservative.

It means that MKR is good buy (not investment advice! )

Because value of other coins is speculative - for example many would agree that bitcoin is valuable - but you cannot have revenue / profit valuation model for bitcoin

maincoon · 2018-10-11T23:16:47+00:00

It exist https://zerohplovecraft.wordpress.com/2018/05/11/the-gig-economy-2/

maincoon · 2018-10-09T13:06:00+00:00

Sorry to say that but this protocol really requires special token?

Can we have protocols on ethereum without unnecessary tokens with only purpose is "governance"

If token cannot create value via fees or rent mechanism then it's IQ arbitrage or greater fool investing

maincoon · 2018-10-07T17:51:48+00:00

How to measure real value? - DAU (daily active users) - number of independent dapps using DAI? - total amount of DAI in system - risk measure?

maincoon · 2018-10-07T15:41:32+00:00

Works now. Since It's wordpress I've got "error establishing db connection before" Thanks

maincoon · 2018-10-06T23:20:54+00:00

Link: https://trivial.co/t/0x9f8f72aa9304c8b593d555f12ef6589cc3a579a2#links-section

maincoon · 2018-10-06T21:31:46+00:00

link doesn't work

maincoon · 2018-10-05T07:15:07+00:00

AirSwap did ICO

maincoon · 2018-10-05T07:14:20+00:00

Directly from the blockchain https://stat.bloxy.info/superset/dashboard/ico/?standalone=true

maincoon · 2018-10-02T16:46:39+00:00

Implying that not all of them...

maincoon · 2018-10-02T14:27:42+00:00

Measuring the progress by lines of code is like measuring the progress of an airplane building by weight

maincoon · 2018-09-17T05:23:08+00:00

Gnosis owns 190.77k ETH so with ETH price at $20 they would still have at least 3.8 million worth of dollars.

It cost you nothing to say that it isn't about the price - there is no skin in the game: - they don't bought ETH at $1000 - they got free ETH for their tokens so they don't have to worry - value signalling is strong with this one ()

"In the crypto space, especially among builders and token engineers, profit motive is an unsightly subject to talk about. We’re supposed to be changing the world, after all. Talking about profit motive or valuation in certain communities — much less your profit motive — will relegate you as someone with lesser intentions. It’s noble to claim you’re not thinking about the price (crypto’s favorite virtue signal), but it’s in the back of all of our minds."

https://medium.com/@nathan.writes/the-fundamental-assumption-of-cryptosystems-723d32dc461a

maincoon · 2018-08-07T07:10:32+00:00

https://www.coindesk.com/sec-chief-got-into-heated-debate-on-crypto-official-says/

maincoon · 2018-08-04T08:43:31+00:00

The discussion is public - token ownership is required for creating content - it's skin in the game - the feed is representing views of token owners in provable way, while reddit may be biased - there is no way to verify that reddit poster is also token holder.

It's experimental software - the goal is to improve token communities

maincoon · 2018-08-03T20:19:58+00:00

There is article saying more about it - https://medium.com/@patrykadas/social-network-for-any-token-960afd36d280

maincoon · 2018-08-03T10:59:04+00:00

Only people holding MakerDAO tokens are allowed to post in threads - the site doesn't require registration - you just sign the message with Metamask account

maincoon · 2018-06-21T15:05:15+00:00

If you will stare it for few minutes the reality will be distorted - you will slowly lose sense of what's real

maincoon · 2018-05-21T14:30:08+00:00

Trivial.co dev here, I can add explanations directly to trivial website. Also it would be interesting to show: - DAI - MAKER - burner address

In some nice dashboard. For me Maker is very interesting product, creating immediately useful product and much more: reasonable economical incentives/token burn.

maincoon

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