The Degen Trilogy is a 3-part interactive film series featuring the Bored Ape Yacht Club and Apecoin communities. In today’s Hot Stuff, director Robin Schmidt dissects everything wrong with the first part
Two weeks ago we released a film about the suit filed against the artist Ryder Ripps and others by Yuga Labs. The alleged neo-nazi themes underpinning the Bored Ape Yacht Club collection have fired a sub-section of the NFT community to band together in the name of ethics, morality and free speech. All of which…
Ryder Ripps. It’s a name you’re probably sick of hearing now. And you’d probably rather he went away but the truth is double R has been at this art game longer than you’d imagine and NFTs are simply the latest internet curiosity he’s turned his very specific artistic gaze towards. And you might flinch hearing…
Frax is the world’s first fractional-algorithmic stablecoin. The Frax Protocol introduced the world to the concept of a cryptocurrency being partially backed by collateral and partially stabilized algorithmically.
“Dai is a stablecoin implemented as an ERC20 token on the Ethereum blockchain. Designed to maintain 1:1 parity with the US Dollar its value is backed by collateral which is locked up in a smart contract, the Maker collateral vault.”
“The @usddnetwork will provide custody service for the $10B worth of highly liquid assets raised from blockchain industry initiators and use them as an early-stage reserve.”
