Spencer Silverstein

Monday we're opening up a suggestion box for the #Pavia community. As we prepare to bring Pavia back online, we don’t want to build in isolation. This rebuild happens WITH you, not FOR you. We need your voice on what features matter most to the community that never left, so your priorities become our priorities. We're designing across platforms: adding browser, mobile, and things like Meta Quest for full immersion and also working with sponsors and partners on their requirements (from simple things like street names to more complex needs around events). We also are working on some small tweaks that we think will make a big difference, and one is the idea of dynamic #NFTs, that update your land's image automatically as you publish what you’ve built. Reflecting your actual creations in real-time (we actually already take an image snapshot - so this is 50% built). But those are just the start. - What would make Pavia genuinely useful for YOU? - What features would make you spend time there, build there, invite others there? - What would turn Pavia from a place you own into a place you actually want to live and create? Monday: we open the feedback form. Your input shapes the roadmap. Your vision becomes part of Pavia's future across web, mobile, and VR. The best rebuilds happen when builders and community work as one unified team. And you have already contributed so much, let’s keep it going. Discord is full of amazing feedback, we just want to make sure we capture it all. Get thinking. Stay tuned. We’ll drop the form link tomorrow (or comment on this post and we’ll pick that up too). #Cardano #Community #metaverse #ADA

So, $USDC sucks. I'll just say it. #Cardano should move on, for now anyway. I'll explain. They charge an absurd one-time fee and yearly fee to begin with, and they actively work to drain liquidity from your chain into their chains (SUI, for example). Other communities in similar situations from other chains like polkadot and algorand paid circle for USDC and felt that they got scammed. USDC/Circle promised them the world (without explicitly stating so) with tons of vague promises about how impactful it would be for volume and liquidity. They got zero meaningful activity, and instead, they noticed outflows to SUI and learned that SUI was partially owned by circle. See how the game is played? They could have spent that money on huge roadmap items that would have put these projects much farther ahead, years in fact, with the amount of money they paid. We should learn from their lessons, just as we learned technical ones from Ethereum's mistakes. It takes about 30 million in liquidity, minimum, to get traction and use for any stablecoin. It costs about 15 million just to get USDC now, and then we have to pay another 30 million to mint/seed that liquidity, as neither Tether nor USDC will provide that. 45 million can do wonders for development and progress. This is why RLUSD by Ripple is a good path forward. Why? @IOHK_Charles offered to pay to get it on our ecosystem for starters. RLUSD is less established and has a big incentive to seed liquidity to increase the adoption of their coin, particularly in a big ecosystem like ours. If they launch here and no one uses RLUSD, it will look like their stable is a big flop, so they are incentivized to seed liquidity. Another advantage is they are a US based stablecoin. That has a huge advantage over the others in our current market climate. Also, if circle scams you or goes insolvent, you have to deal with foreign legislation to have any recourse. RLUSD doesn’t have that luxury. If they mess up, any minter in the US has direct legal recourse. If Tether and USDC see $ADA adopting a major new competitor, they may very well come to cardano for free. At the very least, the growth of the ecosystem as a result of RLUSD would allow us to eventually fund Tether fees and liquidity should we choose, as USDT does not explicitly engage in the kind of activity circle does as stated in the beginning. Food for thought.

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