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.
With the ongoing pandemic, Decentraland and Binance join forces to fight COVID-19. At CryptoValley you can donate $10 worth of ETH and get an NFT wearable mask for your avatar. This is just an example of the crypto community coming together in the metaverse to help improve the situation for the real heroes on the front lines, the healthcare industry. In another update in Decentraland, the ability to stream audio has now become a meta called Cyber Jukebox. The Event Calendar has also been updated which will be used as data to feed into the upcoming changes to the world map. Decentraland has also being transparent with their DAO efforts via their new forum. Finally we break down the LAO and how this relates to how Decentraland's DAO could run if the community decides to do it.
In today's very special podcast, we gathered the most influential community members in Decentraland to discuss some of the most important topics that the community has. Since Decentraland is on its way to being completely decentralized, community members are going to have to step and point the direction the metaverse should head towards. One of the more important subjects is improving Decentraland's secret weapon, the SDK. Another important subject is discussing the details of the Decentralized Autonomous Organization (DAO) and what's the best way to interact with it. One topic that gets discussed often is how the DAO will handle wearables and if anyone in the community can make them. Please watch or listen as the community begins to steer the ship on the direction of the metaverse.
As always, we've maintained transparency in everything that we've done so it comes as no surprise that we show you how we've drawn the first competitors of our first Monthly Tournament! Over 3,000 Mana is at stake and 10 competitors in each of our 4 games will compete with each other winner-takes-all style.
We're in the early phases of the worldwide pandemic, we go over some of the after effects of the Coronavirus. Decentraland provides an opportunity for many by providing an ability to meet in the metaverse. Coinfest is a conference that was canceled due to the virus and their hosting several venues in Decentraland and one of them is MetaZone. After releasing 4 games in Decentraland, we're in the middle of development on our fifth game called Corona Zombies! We talk about the current stage of the game and some future updates that could occur when we get the community to play. Another iteration would be an RPG version of zombies where it'll take a collective group to take down the horde! Finally, we showcase some of the new creators submitting their work into MetaZone.
With the world collectively being affected by the Corona Virus, we give you our thoughts around how the global pandemic will affect the world economy. Bitcoin lost about 40% in a single day and we even saw a price below $4k, but ultimately, this is an asset worth keeping an eye on. The world economy is hanging in the balance, the government has cut interest rates to almost 0% and quantitative easing is the last shot in their chamber. These moves by the government could lead to a recession if not a depression at an scale not seen since 1929. While everyone stays in to work from home, we do the same and encourage all game developers to hop into Decentraland to build anything from games to 3d models of anything for landowners. With MetaZone marketplace growing, there are a number of landowners ready to purchase. The most valuable creations are ones that can allow landowners to make passive income. One of the way we propose to support any game is with a no-loss sponsorship by using compound interest to pay the prizes.