Alex Wittenberg

Coordinape is a decentralized, pro-social recognition tool that moves recognition from leaders to teams. It works by allocating tokens to each participant, who award them to their peers during 'epochs'. At the end, an individual's proportion of tokens is converted into their proportion of financial rewards allocated from the treasury. There are... See more

Second, if the business keeps the tokens, the company bears some tax risk. Imagine your top account executive books a $5m USD contract paid in tokens. The business pays 20% tax annually which implies a $1m tax liability on the tokens. In the subsequent two quarters, the token’s price collapses by 95%, so the $5m is now worth $0.25m. Signing the... See more

Many of these brands (eg Instacart) sit far down the purchasing funnel and so can sell very specific ads directly to brands…

Given their use of a token as the primary means of coordination, they are not tied to any communications tool or social media platform. They are independent of centralized infrastructure.

The only real question about all this finitude is whether we’re willing to confront it or not. And this, for Heidegger, is the central challenge of human existence: since finitude defines our lives, he argues that living a truly authentic life—becoming fully human—means facing up to that fact. We must live out our lives, to whatever extent we can,... See more

But — laughing out loud — Apecoin crucially has nothing to do with these transactions. It is just a fictional currency made by the same company. It’s likely that the value of $APE will go up in times when there is more general demand for or awareness of BAYC. The coin will be the “primary token for the BAYC ecosystem, as well as future Yuga... See more

Thankfully there are other lending protocols that have sprung up to support a broader variety of assets, while being slightly less capital efficient than AAVE and Compound.