Facta non verba.

RIP Metaverse Hey ser, you mean metaverse losing momentum bc of genAI? What if they're all connected w each other? 😅 Metaverse is not done, 'hype' is done ser - "The hype could not save the Metaverse, however, and a lack of coherent vision for the product ultimately led to its decline. Once the tech industry turned to a new, more promising trend — generative AI — the fate of the Metaverse was sealed." - "The Metaverse is now headed to the tech industry's graveyard of failed ideas. But the short life and ignominious death of the Metaverse offers a glaring indictment of the tech industry that birthed it."

Nobody Trusts the Banks Now Banks truly are being challenged now. A nice framework by Matt Levine on current situation and sentiments towards banks. - Quick execution of customers due to the advancement of internet, faster info spreading, mark-to-market oriented atmosphere, tragedy of financial crisis decade ago, and declination of relationship-based business all make centralized financial entities with trusted authority are now at risk.

Inflection AI's Mustafa Suleyman believes that Pi is a new class of AI, designed to provide a coach, confidant, and advisor in one. - Ultimately, Inflection plans to create an AI-based personal assistant that can help users with scheduling, meeting preparation, and learning new skills. — Inflection AI, Startup From Ex-DeepMind Leaders, Launches Pi — A Chattier Chatbot

and not available in KR 😂

Inflection AI has launched Pi, a hyper-personalized AI designed to be a supportive and kind companion. Played with it in the weekend but I don't find it so different from the peers that much...? — Introducing Pi, Your Personal AI

Introducing World App Worldcoin has launched World App in 80+ countries. It allows users to prove their personhood with World ID, claim Worldcoin grants, save and send digital money, and explore and use crypto. - The app is built for all without compromising privacy, with self-custodial wallet keys and the ability to delete personal data. - The app already has accrued 1.5M users and logs 60K txn daily. Users can deposit and withdraw funds, and send money to phone contacts or crypto addresses.

Bitcoin Block 788,695 had more fees than the miner reward. This is the first time this has happened since 2021. — from Leonidas.og's tweet

Watched Mario Movie last week, and the stats are outstanding... - The Super Mario Bros. Movie has become the first film of 2023 to cross $1B at the global box office. It is the fifth film to achieve this during the COVID-19, joining the likes of Spider-Man: No Way Home and Top Gun: Maverick. With a record-breaking $377.6M debut, it surpassed Frozen II as the biggest animated opening ever. — ‘The Super Mario Bros. Movie’ surpasses $1 billion globally

Sorry that my second newsletter is (more than 1wk… I know) postponed… 😅 Took my time for reading 100+ quality articles throughout this weekend (including Friday) and f/u the fast evolving world… Will knock my last mid-term tmrw night and come back with a grand rollup of past 2-3 weeks in crypto, AI, and tech & peripherals. GN!

A must-watch video if you love what SpaceX and Elon is dreaming. Antonio from Valor Equity Partners and Gavin from Atreides (both investors in SpaceX) joined All-in Podcast and corrected what had rly happen (TL;DR - It wasn't a failure at all. Don't listen to the trad media). - Yes, the launch was truly a moment of Cambrian explosion, which actually proved that the human being can be multi-planetary. Triumph of the human race. A real Zero to One moment. SpaceX 진심으로 존경합니다. All the way for the bright future 🚀🚀 — E125: SpaceX launch, Fox News settlement, "Zombie-corn" exodus to AI, late-stage implosion

SpaceX's 5-Step Design Process SpaceX's 5-step design process focuses on rapid failure and iteration for Starship development: 1. Refine requirements. - Question and improve design constraints. 2. Delete unnecessary parts/processes. - Remove excess to streamline design. 3. Simplify/optimize design. - Enhance efficiency after eliminating unneeded elements. 4. Accelerate cycle time. - Speed up development while maintaining design quality. 5. Automate. - Implement automation after optimizing and accelerating the process. Despite the recent test flight ending in an explosion, key milestones were achieved. SpaceX's approach emphasizes rapid iteration and calculated risks for spacecraft innovation.

Didn't wanna say that TJ's LB is not so innovative. It ofc does perform better than what Uni's CL could do: bcz it's more attractive for large capital providers to provide JIT liquidity and also they'd attract smaller LPs that want to run active strategies with better liquidity mgmg costs. — Rethinking Concentrated Liquidity with Trader Joe’s Liquidity Book

That's why everyone's building wallet BUT I don't think the NBT (even to beat MM) would be MM itself OR smth that is completely away from the current market map from Crypto Wallets: Landscape & Strategies

DeFi Sector Brief: Protocol Verticalization by Messari Verticalization in DeFi protocols involves building frontends or UX layers on top of the core financial infrastructure. - Established protocols like Uniswap and Synthetix are making vertical moves to enhance end-user experiences. Uniswap released its mobile wallet, while Synthetix supported the development of options & perps on L2. - Exactly what I think is important. Nobody rly cares whether Joe v2's LB is (slightly?) better than Uniswap V3. The important thing is owning the end-user interface. This is why I'm seeking for the teams that are building the 10x better end-user interface, which I think is highly likely will come at the intersection of crypto and generative AI, not crypto alone(!!!)

Haha... publicly confirmed 😂 Many crypto entrepreneurs are leaving SG for BK and HK due to the high cost of living (BK has become a new hotspot for Chinese Web3 startups due to its low cost of living and positive policies). — Cryptocurrency entrepreneurs are fleeing Singapore for Bangkok and Hong Kong because of high prices

Unreal Engine 5 Anime Tokyo Game Demo file if you wanna play the Demo

Crazy — UE5 Anime Tokyo / Japanese City Gameplay - Demo free download

Interesting collaboration. Fashion and Entertainment, embraced together with Culture, Fandom. and Scarcity — Netflix and Lacoste Partner for a Must-Wear Collaboration

Thus, I would say knowing at least the high-level of MiCA's framework is rather mandatory. By providing a single set of requirements for all 27 member countries, MiCA simplifies market access and encourages institutional adoption. - MiCA has the potential to set global standards, similar to GDPR for privacy, especially if the US continues to lack regulatory clarity. As the largest single market in the world, the EU can influence companies to adapt MiCA operating standards. - However, its success relies on implementation standards and enforcement practices developed in the next 12-18mos. There is a risk that burdensome requirements or interpretations could hinder growth or drive resources out of the EU. -> Which means, it would be great to follow up how the big crypto companies communicate with the EU for upcoming ~2yrs.