Day: January 28, 2021

Zora Releases Developer Tools to Build “Cryptomedia”

Zora Protocol has unveiled documentation around its universal media protocol, offering developer tools to create perpetual markets for NFTs by baking an order book directly into the token. Zora’s protocol creates assets that contain a market and media component, allowing NFTs to become independent of the platforms they are issued on, a concept they have …

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Reddit Doubles Down on Web3 With EF Partnership

Reddit announced a partnership with the Ethereum Foundation, a sign it’s betting on a more decentralized internet and doubling down on the leading smart contract platform.  The social media company and the foundation started collaborating last year with the  Scaling Bake-off, a scaling technology competition. Reddit is also exploring  Community Points – or non-transferable ERC20 …

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WSB Wants to Tear Down the Old Financial System; DeFi Wants to Build a New One

By Dan Kahan and Owen Fernau GameStop stock (GME) is going to the moon. So are AMC Theaters (AMC), Nokia (NOK), BlackBerry (BB), and maybe even Bed Bath & Beyond (BBBY)—just ask the shitposters on Reddit’s r/wallstreetbets (WSB). The WSB saga has been a fascinating black box for anyone interested in finance (or wealth redistribution, …

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