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Lys

@lysirebe

20 🤸🏾‍♀️. software engineer. design. web3.

everywhere Katılım Aralık 2021
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Lys
Lys@lysirebe·
gn all 🌟 !! I've just written an article on @viamirror to kick off my web3 diaries series. 🥳 Given that April is poetry month, in the post I explore the intersection between poetry and web3 ! Click to read (and subscribe for more) 👇🏾 mirror.xyz/0x7343dd36757b…
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Blake Burge
Blake Burge@blakeaburge·
Underrated life skill: The ability to reset fast. You're allowed to start over at 10am, 2pm, or 6:30 at night. Zero reason to let one bad hour carry into the rest of your day. You can’t control what hits you. But you can control how long you sit in it.
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Sir David Onyemaizu🦍
Sir David Onyemaizu🦍@SirDavidBent·
At the end of the day, nobody owes you anything.
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Lys
Lys@lysirebe·
@watchensee mark your calendars people 🥳🔥 !!!!!
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Shannon Chen See // watchensee
I've been a bit quiet here lately, but that's because I've been writing + creating more than ever before 🥹 Excited to put my first poem on the blockchain this month❤️‍🔥
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Shannon Chen See // watchensee
(2/10) web3 is revolutionary because it has enabled digital artists to leverage both mechanisms: - digital scarcity through select distribution of 1/1s or small collections - ubiquity through open editions or generative collections at a lower price point to their 1/1s
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Jerry Chu 🍊
Jerry Chu 🍊@PMDBT·
This will be long, so read it only if you're genuinely curious about #RWA in web3 and why we're building @lofty_ai in this particular way. I regularly invite our users to chat with me and I always ask them in these calls whether they know what a REIT is and if they do, why do they prefer to pick and invest in their own properties vs having passive exposure through a REIT. In general, almost everyone I've spoken to knows what a REIT is and they're coming to Lofty specifically because they don't want to invest in a REIT or be a passive investor in a fund in general. Some of the responses I've gotten from people are: 1. Lack of transparency, you have to completely trust the REIT managers to pick the best properties and to operate them in a way that's advantageous to you. Turns out, lots of people aren't comfortable not knowing exactly how their money is used. 2. The high management fees a REIT charges. People who actually dive into the financial disclosures and know how REITs work, don't like the fees they're taking from the investors. This was eye opening for me, because a user who was the most adamant about this actually works for a REIT and said "he would never invest in a REIT with his own money, because he sees how they extract value from investors". On Lofty, you keep 100% of your earnings. We only make money through trading fees. 3. The ability to bet on very specific markets. There are some REITs that focus on specific asset types, but there aren't enough micro REITs that let you bet on a particular city or a particular neighborhood of a city. Single family housing is one of the few asset classes that a retail investor can outsmart institutional investors in, because of the information asymmetry. Even with the best analytics, a large firm just won't have as much information on a property or neighborhood as some guy who walks his dogs everyday in that area past the same houses. So, based on what our users tell us (most of them already own their own rental properties outside of Lofty), their own portfolio often out performs REITs year over year. The single-family rental market is responsible for roughly $1.05 Trillion in annual transaction volume here in the US alone. It turns out that the majority of that volume, roughly 70%, is from retail mom and pop investors. Think an older couple who owns a house next to a collage campus and rent it to students etc. Only 30% of the volume are from institutional investors, including REITs. So, it's not true that the average person would prefer to invest in a REIT, it's actually the opposite. We are not building Lofty for everyone. There are genuinely people that would prefer passively investing a REIT and that's totally fine. We're building Lofty to serve the 70% of the market that prefers to buy and manage their own rental properties. We do that by taking every part of the real estate investing process and making them 10x better. Building on the #Blockchain allows us to deliver that promise and create features that don't exist in traditional real estate markets. For example, Lofty is the only place in the world where you can buy direct legal ownership in a house instantly with the same user experience as buying a share of $AAPL on Robinhood , thanks to the automated market makers and liquidity pools we've built for the platform. This level of instant liquidity has never existed in the traditional real estate period and it never will. Owners can also stake their property ownership and earn rental income from the property as well as yield from staking. This type of financial outcome also doesn't exist in the traditional real estate market. This is why a lot of our users are existing real estate investors. They're quickly realizing that over time, as long as a property they want to invest in is on Lofty, there are 0 reasons why they should invest and own it outside of our platform through the traditional way. Long term, our goal is to convert the 70% of single family rental volume transacted annually by retail investors to our platform, becoming the world's first real estate exchange.
updog@wats_updog

@AlgoFamily @nmadon65 @OysterPack @lofty_ai @vestaequityvpm @travelx__ @agrotoken @Quantoz @HesabPay_ @DaffiWallet @PlanetWatchsas @PiPhi_Network @Algorand @PMDBT Not random, there are specific REITs for different areas/housing types. In theory, the ability to pick and choose individual properties could be useful. But in practice, I think most investors will prefer a larger subset of the market than a single property for risk management

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Superteam UK
Superteam UK@SuperteamUK·
With only a few hours remaining to submit into the @ColosseumOrg hackathon, this weekend, some UK devs recharged at our @wormhole Dev n Dine 🧑‍🍳 Right after the submission, we'll be hosting our Demo Day with £10K + on the line. Sign up below 👇
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Isaac Patka
Isaac Patka@isaacpatka·
Crypto in Africa is not a counterculture or ideological movement. It serves as the only alternative for accessing stable savings and payment options. With runaway inflation and limited dollar access, dollar-denominated stablecoins have become critically important for daily life.
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Superteam UK
Superteam UK@SuperteamUK·
Massive shoutout to our member @lysirebe ✨ Not only for taking the time to come up to Birmingham BuildExpress, but for snagging the $100 for her wonderful recap of the day! Check out her winning submission below 👇
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Lys
Lys@lysirebe·
@melodyskim the encouragement i very much know i needed. tsym :)
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melody kim
melody kim@melodyskim·
if you're planning on creating anything this year, this is your sign to get going. accept that your first 5-10 versions are going to suck this mindset will free you from getting stuck trying to make things perfect. the gap: it’ll take time for your work to match up to your taste the only way out (of feeling like your work isn’t good enough) is through. the only way through, is to get iteration 1 out there. airbnb “launched” 7 times i come back to this saying from my @ycombinator days often. no one cares, or even remembers, your first few shots at bat. you need to get your first version out there to even begin iterating, so swallow your pride (and risk of cringe) and just ship it, hit publish, post, whatever it is. then get to work on V2 :) full video with the rest of the 8 principles here: youtu.be/vxC-5h4TQRA
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Lys
Lys@lysirebe·
Massive thanks to @SuperteamUK @CapinUK for always hosting such killer events 🥳❤️ :))
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Lys
Lys@lysirebe·
4.Highlight of the night had to be my convo with @OptimusPriime__ 👆🏾A gigabrain when it comes to web3 growth marketing! I loved hearing how crypto has transformed the finance/job culture in Nigeria. So much so that @OptimusPriime__ even quoted: ‘I’m now my own bank & banker’
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Lys
Lys@lysirebe·
Had a great time @SuperteamUK Birmingham BuildExpress event 🧵 1. Really enjoyed @wajahat's workshop on solana dapps and airdrops. I now know that my future crypto success boils down to this 1 formula: Points = Prizes😌
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Lys
Lys@lysirebe·
Had a great time listening to @AliAbdaal and @SahilBloom in London last night. It was a meaningful conversation centered around key lessons that “changed their lives” My takeaways from each: 1. The waiting room is always full 2. Find your version of 15th century Florence
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Lys
Lys@lysirebe·
Today my lil cousin sat on the sofa with his sketchbook, to draw his favourite anime characters. Seeing him engage in the art of creating was so pure that I'm also opening my sketchbook to draw. The character I favour for my life will only emerge once I choose to put pen to paper
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Lys
Lys@lysirebe·
Meeting people that are also invested in building within African Markets > At an event today, I met this guy who’s actively scaling b2b IT consultancy services in Zambia (You’d be proud to know this was a buzz-word free convo. Yes, stablecoin, utility, and unbanked were unused)
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