Alex Wittenberg

We would recommend that illiquid investments be limited to a maximum of 50% of the treasury portfolio at any particular time, which is in line with the mean endowment allocation to illiquid alternatives. In practice, we would expect illiquidity to remain much lower than this maximum.

NFTs are not securities, and thus perfectly legal as commodities. They are more like artwork or souvenirs, whose prices also fluctuate. Just because a signed photograph of Kanye West gets more valuable if West is more famous doesn’t mean it qualifies as a stock. But $APE is much closer to a security, because it’s not an artwork; it’s money. It’s... See more

How is decision making performed in working groups with executive power? 

Credentials have to be managed, updated, and exchanged. This layer aims to address how DIDs can negotiate proof of control and authentication, as well as securely passing data between identity owners.BrightID is a notable project in this area. It is a social identity network with over 30,000 users that allows people to prove to applications that... See more

Like our other troubles with time, our loss of synchrony obviously can’t be solved exclusively at the level of the individual or the family. (Good luck persuading everyone in your neighborhood to take the same day off work each week.) But we do each get to decide whether to collaborate with the ethos of individual time sovereignty or to resist it.... See more

By reading the docs or whitepaper, you should get a good sense of how the supply is going to be managed, and what forces will drive demand for the token or cryptocurrency.

Niche Lending Protocols

Protocols should set up a 5-7 member treasury management committee, which will work on the following: