Greg Weld | Crypto Lab Tech

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Greg Weld | Crypto Lab Tech banner
Greg Weld | Crypto Lab Tech

Greg Weld | Crypto Lab Tech

@GregWeld

Crypto, cookies, computers. Validator for Akash, Passage, Nolus, Sentinel, and Decentr

Katılım Ağustos 2021
287 Takip Edilen261 Takipçiler
Greg Weld | Crypto Lab Tech
Great feedback! The goal of Passage is to make it possible for creators to create a world (presently in Unreal Engine) and allow it to be used by their community with nothing more than an internet connection and a web browser. -This could be for games, personal rooms, community meetings, virtual classrooms, and many other things. -By making Passage web3 it allows for the use of NFTs and coins on-chain in worlds. This makes it possible for gamers to own all of their assets like skins, coins, resources, weapons, armor, vehicles, pets, etc... -When the gamers own all the assets they can sell them on the marketplace and the royalties become an income stream for the creator that is more sustainable and pleasant than other schemes that games studios have used like loot boxes or pay to win. -By putting the asset ownership in the gamers hands it allows them to use their assets any way they like. They could even design a whole other game using existing assets, and in a worst case where a studio decides to shut down a game on Passage the community could more easily rebuild that game without losing all their progress because all the assets would still exist and be owned and their progress tracked on-chain. Yes, I completely understand that the improvements and progress have been hard to notice unless you have been attending the weekly GM tidings and listing to all the things being done, and progress has definitely been slower than desired, but it does continue. I hope that everyone keeps an eye out for @passageio . In a time when chain after chain are shutting down Passage is still developing, still showing up weekly for GM tidings, monthly for steering committee meetings, and daily grinding away behind the scenes to keep moving toward the goal line.
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Timmy 銃🔫
Timmy 銃🔫@TendermintTimmy·
Kinda everything tbh... :/ right now all ive seen from them, after years, is essentially a better graphics version of the Zuck's failed metaverse. The base idea of hanging out in a virtual world with a little round avatar with your camera in it isn't too interesting as is, but even more importantly, that base idea doesnt seem to rely on, nor benefit from being web3 related at all. 99% of web3 "games" ive seen fail because they try to build something that might have some product market fit outside of web3, but they web3-ify it for no reason other than the hype and marketing.
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Timmy 銃🔫
Timmy 銃🔫@TendermintTimmy·
Everyone is saying Web3 gaming is dead. I say it just hasn't been done right yet.
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Timmy 銃🔫
Timmy 銃🔫@TendermintTimmy·
@GregWeld @passageio Ive followed them since the beginning. I wish them well but i think they're fundamentally missing the mark too unfortunately
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Greg Weld | Crypto Lab Tech
If you create an LP on @osmosis why would you pair it with $USDC over another coin such as $OSMO, $ATOM, $BTC, etc...? If you deposit into an LP, why would you choose to deposit into a $USDC pair vs paired with some other coin such as $OSMO, $ATOM, $BTC, etc...?
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V 🦋
V 🦋@lillyvivvi·
I’ve noticed that a lot of people have left Crypto. If you are still here, reply. I want to connect everyone who’s helping keep crypto alive! 💪
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Jersey Mike's Subs
Jersey Mike's Subs@jerseymikes·
feeling lucky? prove it. drop your go-to order below ☘️
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Greg Weld | Crypto Lab Tech
The #50 validator on Osmosis has 1,137,256 OSMO delegated to them. With a staking APY of 3.57% and a commission of 5% that would come to 2030 OSMO/yr, or 169 OSMO/mo. That's $69/yr or $5.75/mo. Most chains, most validators, as I said, are running at a loss. That doesn't mean there are no chains or validators running in profit. Cosmos Hub is the exception, not only is the inflation and staking rate insane, so is the enormous size of the validator set, for a chain with no revenue and no utility. The #100 validator on Cosmos Hub has 207,794 ATOM delegated to them. With an APY of 23.07% and a commission of 5% that would come to 2,400 ATOM/yr, or 200 ATOM/mo. That's $4,440/yr or $370/mo. even at the current horrible price of ATOM.
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IBC Intern
IBC Intern@ZackJampolin·
@GregWeld @tonyler_ No they aren't lol, these are the two chains where all of them are running at a profit. If they aren't it means their overhead is insane and they are doing something wrong.
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tøny
tøny@tonyler_·
What's stopping Osmosis validators from passing a proposal to migrate to Cosmos Hub without a token conversion...? - $OSMO stops getting inflated - $OSMO keeps governance utility + token burns from revenue (like $UNI, $JUP and others already do) - Cosmos Hub gets onchain volume - IBC Eureka gets used for every swap in and out, generating income for $ATOM as well Validators would lose their role, but most are running at a loss anyway. Net result: good news.
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Greg Weld | Crypto Lab Tech retweetledi
Bitcoin Teddy
Bitcoin Teddy@Bitcoin_Teddy·
WATER HEATER PAYS YOU IN BITCOIN Superheat unveils a $2,000 electric water heater that mines Bitcoin. The unit uses the same energy as a standard heater but runs ASIC miners to recoup costs, offsetting water heating bills.
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tøny@tonyler_·
Opinions on the @osmosis <> $ATOM proposal?
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Greg Weld | Crypto Lab Tech
@AirdropGlideApp Illogical move for Cosmos. Draining the last of treasury to go against the bedrock of the appchain idea. A migration of Osmosis will be messy and fragment liquidity further, as well as break many other apps.
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Greg Weld | Crypto Lab Tech retweetledi
Dungeon Games🐉
Dungeon Games🐉@cryptodungeonma·
🚨 MASSIVE UPDATES for Dungeon Chain! 🌌 Kosmic Dungeon is almost ready—polishing next week, then BETA TESTING launches! Get hyped! 🏰 Dungeon Castle hits Dungeon Explorer: A wild Degen DeFi game with epic player buffs! Check it out: explorer.dungeongames.io 💥 🔥 Ashfall NFTs unlock utility as RARE artifacts in Kosmic Dungeon! Holders, your time is NOW! #DungeonChain #Web3Gaming #NFT #DeFi #CryptoGames Join the adventure: Follow for more! 🐉
Dungeon Games🐉 tweet media
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Arel Avellino
Arel Avellino@ArelAvellino·
I used to walk into meetings with notes from the last call half-remembered. Now my AI OS briefs me before every meeting — who’s involved, what we talked about last time, what’s outstanding. Took me a few hours to build. Here’s how:
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Greg Weld | Crypto Lab Tech
@0x_Hank Cool, you've had good instincts so far. Seems crazy for the bottom to be near with all this minute by minute insanity, but people do appear to have finally lost all hope!
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Hank
Hank@0x_Hank·
I think it stars here
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