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@realonbase

The economic layer for Open Finance. Built on Base.

Base Katılım Eylül 2020
306 Takip Edilen37K Takipçiler
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$REAL
$REAL@realonbase·
Welcome to REAL. REAL is the economic layer for Open Finance. Built on Base. While Defactor focuses on enterprise infrastructure for private markets. $REAL powers the ecosystem through staking, buybacks and builder incentives. REAL Console is coming soon.
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$REAL
$REAL@realonbase·
Whether x402 becomes the standard remains to be seen. But it asks an interesting question: What happens when software can participate in the economy as easily as people can? If that's your kind of conversation, come join us in Discord. 🔗 discord.gg/hMzPAhEwj
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$REAL
$REAL@realonbase·
Micropayments are great but what really caught our attention is that software can become a customer. An AI agent can buy search, compute, browser sessions, or real-time data without waiting for a human to create an account or approve a payment.
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$REAL
$REAL@realonbase·
Every Friday we're diving into something being built on @Base. Not to tell you what it is, but why it matters. This week: x402. It all starts with an HTTP status code most developers have never used: 402 Payment Required. 🧵
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$REAL
$REAL@realonbase·
@base The best reason to build on Base isn't just the chain. Base is basically Builders building for builders 😂😂
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Base
Base@base·
If you're building onchain, do it on Base
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$REAL
$REAL@realonbase·
@brian_armstrong I wonder if the discussion changes once AI becomes an economic actor rather than just a software tool.
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Brian Armstrong
Brian Armstrong@brian_armstrong·
A self regulatory organization (SRO) is a reasonable-ish idea - but it often comes with the government also regulating (classic dual system which is common in financial services). So it often doesn't prevent the government regulation. So you end up needing approval from both the SRO and the government regulator (in each country) instead of just one. I think if I was in their shoes (frontier labs), I would argue this is just like the software industry and it doesn't need an SRO or government regulator. It's difficult to point to some massive harm that has been done, where a victim could not be compensated, so why design regulation around a hypothetical problem. The existing laws which prevent fraud, award damages when victims are harmed (tort), UDAP Laws (Unfair and Deceptive Acts and Practices) etc provide broad protections if one of the frontier labs issues a model that does harm. Not to mention loss of revenue - companies and consumers don't want to use a model that is dangerous. I'd say they are already very well incentivized to be responsible actors, and have done so.
Demis Hassabis@demishassabis

x.com/i/article/2076…

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$REAL
$REAL@realonbase·
@BaseHubHB @base E could also stand for "Everything on-chain." 🟦
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Base Hub 🛡️
Base Hub 🛡️@BaseHubHB·
B is for Builders A is for Access S is for Support E is for Everyone @base is home to the next billion users 🟦🚀
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$REAL
$REAL@realonbase·
@base Based seats in the house!
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Base
Base@base·
Best seats in the house
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$REAL
$REAL@realonbase·
The best way to understand crypto is to look under the hood. Join the conversation. 🔗 discord.gg/hMzPAhEwj
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$REAL
$REAL@realonbase·
That's one of the reasons we're building on @Base. Transparent infrastructure makes it easier to build transparent economies. If a project talks about buybacks, you should be able to verify them, not just read about them.
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$REAL
$REAL@realonbase·
One thing we like about building on Base is that token mechanics don't have to be a black box. Take buybacks, for example. 🧵
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