Week 12 completed with articles being read, tons of technical stuff, and some challenges with the hackathon.
<usual_enterance> If you're new here I'm creating this blog series as I go from coding newbie to working in web3. I'm creating this to reflect on the technical and non-technical growth and to leave it behind for others who might be interested in how they can follow a similar path. </usual_enterance>\
In this week's non-technical recap:
- Daily Articles, focused on NFTs
- a16z Crypto Canon readings
- Chainlink Spring Hackathon status
- What's Next?
I tweet every day about at least one web3 article, here are the biggest takeaways from those articles this week:
- NFTs are Proof of Passion (PoP) and the social side of these will change the lifecycles of social trends, marketing, and community
- NFTs create an Internet of Value through their enablement of ownership
- Enabling creators with "a-ha" moments during onboarding to web3 is the key
- Value is created socially, greater social recognition of an NFT turns it from transactional value to an expression of identity
- Crypto further enables co-creation and authenticated shared governance between creator and community
And you can find my sources here:
- Proof of Passion
- Crypto Will Change Value, NFTs Will Change Society
- Crypto Wants to Be Seen
- NFTs Need an Audience: Utility, Consumption and Building New Worlds
- Tips for creators getting into crypto
a16z Crypto Canon
Articles are grouped by categories, found in bold below, and articles that I found within articles are identified with indentation.
Cryptoeconomics, Cryptoassets, and Investing
Found these to be phenomenal in helping formulate a stronger mental model of crypto assets.
- Making sense of cryptoeconomics
- A crash course in mechanism design for cryptoeconomic applications
- The security token thesis
- Cryptoasset valuations
- An (institutional) investor’s take on cryptoassets
- On the quantity theory of money for tokens
- On medium-of-exchange token valuations
- Understanding token velocity
- A process for evaluating new tokens
- Token classification framework
- On cryptocurrency communities
- Fat protocols are not an investment thesis
- Skin-in-the-game coins
Fundraising and Token Distribution
Very valuable insights into understanding regulation possibilities.
- Thoughts on tokens
- Funding the evolution of blockchains
- How to make bonding curves for continuous token models
- Separating the staking token from the fee token
- Explanation of DAICOs
- The SAFT Project
- The ideal regulatory environment for Bitcoin
Truthfully, this section was lacking but I'm sure if they were to refresh this it would look very different.
Great for understanding the challenges of producing a strong stablecoin.
- Stablecoins: A holy grail in digital currency
- An overview of stablecoins
- The search for a stable cryptocurrency
- Maker for dummies: a plain English explanation of the Dai stablecoin
Chainlink Spring Hackathon
We had two members drop from the team this week after they realized they wouldn't be able to take on the additional workload of the hackathon, I did manage to get one replaced at this point so we are still in an okay position to move forward. Aside from this, we are looking to get the code started ASAP this week as most of the introductory webinars have been completed now. I'm a little behind on these, but my schedule has purposefully been left more open this week so I can binge those and keep up on my end of the workload.
- Testing with Brownie
- Building Full-Stack Web3 Apps
- How To Deploy a Smart Contract Using Remix and Alchemy
- A Brief History of IPFS and Filecoin
NFTs are out, DAOs are in. The second week of the daily article readings (and tweets) for NFTs has come to a close which means it's time to start the last bi-weekly section I had set out to do. Focusing on DAOs, with the articles being sourced from (you guessed it) the DAO Canon. Ideally, I'll also finish the Crypto Canon this week and I'll be moving on to using those time slots to continue the NFT Canon. Aside from this, I've got a lengthy list of technical stuff to work on and getting the Chainlink Hackathon off the ground.
If you'd like to join the learning community I'm building on Discord for web3, you can find the link for that here. It's a space that I am trying to build for myself and others to share their growing knowledge of all things web3.
You can also find me here: