We are releasing the new #FUD FAQ Edition: Week 66.

05 Jul 2022, 09:23

We are releasing the new #FUD FAQ Edition: Week 66 This is a weekly community based thread where we cover top questions of the week, most common repeat questions, top controversies for the industry and silly fails and trolling. ☀️ 🗨️ What’s the alpha on how to build in the bear? And how’d we get to seizing the memes of local microfactory production, distribution, and coordination? - At first, about 5 or 6 years ago, I used to think (like almost everyone else) that web3 meant open money, personal ownership & really complicated tech. After diving in deeper and getting burned a few times, I understood better that web3 is... 🗨️ So, what is DIGITALAX building in the bear? - We’ve spent the past (almost) 2 years completely dedicated to building out open web3 infrastructure for all things fashion production (and related). During this bear we are ramping things up even further with Layer X and metaverse microfactories — including IRL + virtual creator co-ops.... 🗨️ Top Controversies - Do they really think that all of this won’t come back to bite them one day or likely very soon? And what’s with patent fomo anyway… when will they get the memo that locking down who can and can’t have access isn’t compatible with web3. 🗨️ Silly Fails and Trolling - This week, the 3AC drama continues, as they filed for bankruptcy in NY. Schadenfreude aside, it shows once again how much actual, transparently on chain decentralisation really matters. All these quick and entirely unsurprising collapses of CeFi + kinda sorta but not really DeFi platforms and funds reinforces how much the real value remains in those who build mechanisms beyond “don’t be evil” to “can’t be evil”. Read full article here 👇👇👇 Share any FUD that you want answered in the #🤪fud-faq channel on Discord and check out all editions at: