jonwalch

Joined 7 years ago

Karma
121
Submissions
42
Member since
Oct 1
https://twitter.com/JonWalch https://jonwalch.substack.com/
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Recent submissions

Comment · 4 years ago
These are my favorites from the batch.
Comment · 4 years ago
Why is Proof of Stake bad for the planet?
Comment · 4 years ago
I find it strange that people keep promoting that YouTube documentary. Ignoring tone issues, there is a lot of cherry picking and other logical fallacies. For example, he talks about how terrible Tether is and then completely ignores USDC. He also claims that none of the popular blockchains can scale, but Solana is frequently in the top 5 most popular cryptocurrencies.

It seems to me that people that do an hour of research are polarized hard. Either love it or hate it. The more time you spend understanding the space the more nuanced it becomes. Many are using the technology to facilitate scams and overpromising, but that doesn't make the technology fundamentally useless or bad.

Comment · 4 years ago
Your white paper isn't loading for me. Is there somewhere else I can read it?
Comment · 4 years ago
I missed the intrinsically unfun part. Grinding is definitely fun for many people.
Comment · 4 years ago
My bad, I assumed we were already talking about on chain games. I agree that on chain loot drops are more difficult to implement than the traditional way. We'll have to see how much gamers in the future care about their items being NFTs or not.
Comment · 4 years ago
Most of my gamer friends don't like grinding and usually stay away from "grindy" games.
Comment · 4 years ago
I don't think you're missing a ton. Getting game developer buy in is definitely the biggest challenge.

I think "GameFi" is the most compelling use case. Use your in-game items (NFTs) as collateral for a loan, or lend it to other players to use while you retain ownership. Game devs could build all this functionality themselves, but they get it for free if they don't take the walled garden approach.

Comment · 5 years ago
Makes a lot of sense. Thanks for the reply!
Comment · 5 years ago
Based on your demo, I would suggest going this route "clients have also expressed interest in using our services to generate photoshoot images to forgo expensive studio photography."

You can make a ton of money doing that. I personally don't find a ton of value in this as a consumer. I want to see how the clothes look on me, not on a model.

I can see people wanting to throw together pretend outfits on a model, but I'm not sure how you monetize that.

Comment · 5 years ago
What sorts of companies were you applying to?
Comment · 5 years ago
Yes, of course.
Comment · 5 years ago
This author's argument is poor. Anyone can drop a copy of SMB in the toilet. You can produce more. You cannot produce more of the $660k copy.

Rarity depends on more factors than "total in print".

Comment · 5 years ago
Andrew runs Tiny Capital. They buy internet businesses similar to a private equity fund. They do very little traditional VC investing.

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