Tengji Zhang

Algorithmic stable coin is not very reliable because the assumption about the underlying volatility assets could break once in a while. Consider Long-Term Capital Management.

“If you look at a typical company, the founders and investors own 80-90%,” he goes on. “All of the employees own the other 10-20%. It doesn't make sense. It's not who is producing most of the value. We wanted to flip that model on its head. With the DAO, the community controls 80% of the tokens; the founders and strategic partners control 20%.”

Areas of on-chain identity landscape: Ownership, Aggregators, Governance Participation, Bounties, Data Rails, Proof of Humanity, Endorsement, Profiles

NEAR is San Francisco — built for web3 techies who believe sharding is the only way forward towards scalability in the long-term.

Towards the end of my tour at Cabin, Jonathan leaves me with two sayings that Cabin’s core contributors (like him and Rafa) are trying to distribute among the community: “The DAO provides” and “Manifest your role.” He also leaves me with a sticker of their logo.

Illia (NEAR):  Anatoly's point is right that you can't  parallelize games or markets.  However, markets you might be able to  by splitting orders with a fully sharded  DEX

Stable coin can have advantage over fiat money in the long term, especially in use cases like international transfer.