In Episode 317 of The Block Runner Podcast, hosts William and I-man unpack why this Bitcoin cycle felt like a failed rocket launch, how unrealistic expectations soured market sentiment, and what Bitcoin's diminishing returns mean for miners and the long-term security budget.
They then dive into the real world asset wave sweeping crypto: graded sports cards and Pokemon moving on-chain, Meteora and OpenSea entering the RWA arena, and what past collectible bubbles, from tulips to trading cards, teach us about speculative media.
Finally, they share NAT.fun updates: the second rocket launch, a move toward systemic periodic launches, fame-score based caps, and ten thousand dollars up for grabs for creators.
Disclosure: The hosts are founders of NAT.fun and hold positions in assets discussed. Nothing in this episode is financial advice.
Watch the full episode on YouTube and subscribe to the newsletter at TheBlockRunner.com.
Decentraland has announced that DCL Worlds will no longer be constrained to a 4 parcel experience, rather it will allow DCL world owners to build without land limitation so long as they overall content experience being hosted doesn’t exceed 100MB. This move changes the game for Decentralands chances of gaining mass adoption due to lowering the barrier of entry and giving anyone the access to create value from within the metaverse. How does this affect the value of original land parcels in genesis city? Is it better to ignore the speculative risks to OG land if it means DCL worlds will bring in many more users and overall increasing the DCL ecosystem value? Also, how does AI play into all of this?
Now that we are in a deep crypto winter, influencers and public figures are perpetuating a negative sentiment towards the crypto industry as a whole, labeling it as one giant scam operation. We take the liberty in explaining how not EVERYTHING in the crypto and web3 arena is being developed by scammers. A lot of what is interpreted to be scams are just projects that have good intentions looking to innovate and experiment, but simply are only able to prove a concept and not sustain their innovations for lengthy periods of time. This is due to the technologies of blockchain, NFTs, tokens, etc being so new, failure becomes a normal part of the growth and maturation of them. We also speak about AI and how it can be applied to spark a new crypto sector to evolve NFTs and DeFi.
First podcast of 2023 we go over the last few weeks of 2022. We recover from the hot ones challenge where we eat a series of progressively spicy chicken wings. OpenAI takes humanity by storm and is now valued at $29 billion because Microsoft intends to invest $10B with a loan when paid back would give them 49% of OpenAI. We look into how the AI craze could have an influence on the crypto industry. We come up with theoretical applications of AI and the ethos of crypto where the community is incentivized to contribute data to an AI with rewarding them with a token. Listen in catch our take on the AI takeover!
In this episode of the Block Runner podcast, the hosts are joined by Javier and TJ to sample various hot sauces from the YouTube series Hot Ones. They discuss the show's premise, which involves celebrities being interviewed while eating progressively hotter chicken wings, and talk about their own experiences with spicy food. The hosts also reflect on the past year and share personal highlights.
The Block Runner podcast discussed various topics related to the blockchain, including play-to-earn gaming, marketing strategies, and the regulatory ecosystem towards crypto and web three. They also talked about Donald Trump's new NFT project, which involves collectible cards that offer access to exclusive events and experiences with Trump as prizes. The hosts debated the definition of utility and whether the project qualifies, ultimately agreeing that it is a low bar. They also briefly discussed the SEC's crackdown on utilities in the NFT space.