Cantillon Effect in DeFi

In 1734, Richard Cantillon eloquently dissected the inequalities born from the creation of money in his book, "Essay on the Nature of Trade in General." Known as the Cantillon Effect, this phenomenon explains why the modern economy, for all its grandeur, leaves a staggering 40% of Americans unable to afford a $400 emergency. It explains the paradox of stock markets soaring amid record unemployment rates. It explains why those closest to the proverbial "money spigot," in this case, the Federal Reserve, accumulate wealth at a rate unfathomable to the common man.The promise of decentralized finance (DeFi) and digital assets like Bitcoin was to democratize finance. However, these digital assets have often reinforced the Cantillon Effect. Participation in mining or staking, which essentially puts one closer to the 'source of money,' has led to the same inequalities. These mechanisms continuously dilute the share of latecomers in the inflation period and limit the assets' utility in other applications such as lending or as collateral.DeFi is not the utopia it was imagined to be. A colossal majority of projects require not just interaction with complex smart contracts but also trust in a centralized entity. These projects often reward interactions through the minting of new tokens. This necessitates confusing and generally centralized economic models aimed at artificially creating value for these tokens. The designers of these economic mechanisms often lack a foundational understanding of economics, subjecting participants to significant risk.The Cantillon Effect, in its very essence, is an age-old problem of centralization and unfair distribution of resources. Decentralized finance was supposed to be the antithesis of this problem, but instead, it has often mirrored it. As we navigate the evolution of DeFi, it is crucial to ask ourselves: How can we genuinely democratize finance? It's time to revisit the drawing board, armed with the wisdom of the past and the technologies of the future, to redesign DeFi as a truly equitable financial system.In the financial landscapes of both fiat and digital currencies, risks are as prevalent as rewards—be it price volatility, trust issues, security vulnerabilities, or flawed economic designs. Anyone claiming to offer a risk-free asset in a free market might as well sell you a bridge. However, can these risks be mitigated? Enter $LTL.The conceptual $LTL token offers a design aimed at addressing the myriad of issues existing in the DeFi space. First and foremost, $LTL does not rely on ICOs, Pre-sales, or any form of fundraising. It eliminates the need for treasuries, vaults, or community funds that could be mismanaged. In essence, $LTL exists as long as Ethereum does, autonomously generating and distributing fees with each transaction, without requiring a website or interface.Security risks are significantly reduced in $LTL's architecture. Both fee generation and distribution are hard-coded into the core smart contract, eliminating the need for interaction with external contracts or interfaces. Economically, $LTL presents a compelling proposition: a fixed cap of 10 million tokens. Unlike traditional DeFi tokens that reward users by minting new tokens, $LTL's yield comes from transfer fees. As you accumulate these fees, you inherently increase your ownership percentage of the total supply, a method of earning yield that has stood the test of time.The $LTL token design acknowledges that no economic model can guarantee a specific yield or fully eliminate market risks. However, it showcases the possibility of mitigating trust-related and security risks, two prevalent concerns in the DeFi landscape. By shifting the reward mechanism from minting to transfer fees, it also offers a sustainable economic design that limits the dilution of token value.Beyond the headline-grabbing risks of security, economic design, and trust, there's an 'Elephant in the Room' that often escapes attention: opportunity cost. In traditional DeFi setups, tokens have to be staked or parked in contracts to earn yield. This comes with an implicit trade-off; your locked tokens could be used elsewhere to earn yields, an opportunity forfeited for as long as the tokens remain staked.In comes $LTL with a revolutionary proposition: What if your tokens could multitask? $LTL offers an automatic fee awarding system that does not require any interaction from the holder to earn fees. In simple terms, your $LTL can be freely used in other smart contracts while still accumulating yield from transaction fees.To make this a reality, $LTL's smart contract introduces new methods that facilitate easy determination of fees earned by each address over any period—even when funds are pooled. This creates a game-changing paradigm: direct staking of $LTL that enables double yield generation.Imagine lending your $LTL through a third-party app. While you earn a yield from the lending itself, $LTL’s new methods enable the lending contract to determine the fees you've earned during your interaction, thereby stacking yields.By practically eliminating the need for contract interaction to earn yields and opening doors to simultaneous yield opportunities, $LTL provides a nuanced, yet significant shift towards resolving the 'Elephant in the Room.'The $LTL project defies the conventional wisdom of ICOs, pre-sales, and team-held reserves. At launch, the smart contract is complete, and there are no plans to add more features or value to the tokens through centralized means. This makes $LTL intrinsically decentralized, depending solely on community interaction for its value.Half of the total fixed supply of 10M tokens fuels the initial liquidity pool. The other half is distributed in a manner that encourages community engagement and network activity, with allocations to various forms of mining and rewards.To attract and reward long-time supporters and value-adding members of the DeFi ecosystem, 10% of tokens are allocated for a Genesis Airdrop. The airdrop process will be transparent and decentralized, in addition to earning LP fees, liquidity providers will receive an LP token, possibly in the form of an NFT. A farming pool might add additional sell pressure, but it also might be a significant attraction for new participants. All of the above-described mechanisms are purely experimental at this stage. We aim to deploy these features on a testnet to evaluate their efficacy and security. Our venture into token launch comes after years of studying tokenomics and token design, and we do not underestimate the complexity involved.Opting out of a pre-sale is an intentional choice to prevent initial token holders from dumping tokens on early supporters—a scenario we've observed multiple times in the past five years. We want to initiate this as an ultra-low-cap altcoin project, taking inspiration from frictionless yield generation in DeFi.We find the idea of applying a 1% transaction fee and instantly redistributing it among all token holders appealing. It's a robust way to build an on-chain business model. However, our research led us to realize that there are challenges. For example, high gas fees can deter constant trading, a crucial element for fee redistribution.


The Blueprint for Web3 Success

In the ever-evolving landscape of technology and art, the fusion of Web3 technologies offers unprecedented opportunities and challenges for aspiring entrepreneurs and artists alike. But what does it take to build a great company or project in this brave new decentralized world? Sam Altman, a luminary in the startup ecosystem, has laid down nine foundational principles for success. In this editorial, we'll delve into these principles and explore how they translate into the Web3 realm—a space where art, technology, and community converge in fascinating ways.Get to Know Your Users Really WellCommunity engagement isn't just good practice in Web3; it's the lifeblood of any decentralized project. Smart contracts can personalize user experiences, making them feel valued and heard.Have a Short Cycle Time & Understand Compound GrowthQuick iteration cycles are even more critical in Web3. Transparent blockchain ledgers allow you to gauge the impact of your changes rapidly, serving as a catalyst for exponential growth.Make a Long-term CommitmentA long-term vision is crucial for building sustainable DAOs and blockchain projects. This commitment allows you to think differently, hire strategically, and build a project that stands the test of time.Stay Lean Until Everything is Working Really WellLaunching an MVP in Web3 has become easier than ever thanks to open-source tools and community contributions. Staying lean allows you to adapt quickly to market needs and community feedback.Resist the Urge to HireDAO governance models allow for democratic hiring and task allocation. Smart contracts can enforce quality control, ensuring only the most competent individuals contribute to your project.Relentless ExecutionEvery detail matters in the blockchain space, from the code that runs your smart contracts to the user interface of your dApp.Startups are About Not Giving UpResilience is even more critical in Web3. Regulatory hurdles, market volatility, and technological challenges will test your resolve, but the community is often there to lift you.Fiduciary Duty to Take Care of YourselfYour well-being is not just your concern; it's a fiduciary duty to your stakeholders in a 24/7 decentralized operation.Clear MissionA compelling mission not only attracts contributors but also serves as the north star for all decision-making, unifying a global community and driving your project to unparalleled heights.ConclusionBuilding a great company or project in the Web3 space is about a holistic approach that combines relentless execution, community engagement, and a clear, compelling mission. The principles laid out by Sam Altman are incredibly relevant to anyone looking to make their mark in the decentralized world. So whether you're minting your first NFT or launching a DAO, remember that the path to greatness is paved with understanding, commitment, and above all, a never-ending desire to improve.


The Odyssey of CryptoPunk V1

You know our CryptoPunk V1, right? That pixelated legend that's more than just a bunch of blocks on a screen. Well, even digital icons need a break, and where better than the world's first crypto-centric hotel in Algarve?When V1 materialized in the hotel's lobby, it was immediately clear this was no run-of-the-mill check-in. A robot butler rolled up, its screen flashing a QR code. The lobby itself was a spectacle, adorned with digital art pieces that you could actually bid on right there and then. Yep, this place was a crypto playground from the get-go.The Presidential suite was something else. Imagine a room where the lights, temperature, and even the minibar are controlled via blockchain. Want room service? A drone zips in, delivering Eggs Benedict so perfect you'd think they were crafted by a Michelin-starred chef. And the best part? You can pay for everything in crypto. Ether for espresso, Bitcoin for breakfast, and even Dogecoin for the daily newspaper. It's luxury redefined for the crypto age.But here's the kicker. This place isn't just about plush pillows and fancy food; it's a full-blown crypto community. Picture this: workshops on decentralized finance by day, and NFT auctions by night. There's even a VR room where you can attend global crypto conferences without ever leaving the hotel. It's like living in a Reddit thread, but with way better amenities.You might be wondering, why Algarve? Well, it's simple. The region is a perfect blend of natural beauty and tech-savvy infrastructure. Imagine finalizing a smart contract while lounging on a beach that looks straight out of a postcard. Or discussing the future of blockchain over a seafood dinner that's as fresh as the ocean breeze. It's not just a vacation; it's a lifestyle.Before checking out, V1 did something cool—it tokenized its entire stay, turning it into an NFT. A digital keepsake of a trip that was anything but ordinary. As for the hotel, it's not just a place to stay; it's a movement, a testament to what happens when you mix cutting-edge tech with one of the most beautiful spots on Earth.LXRY Hotel – Portugal’s First Crypto Hotellogo


Akin to floating on a cloud #i7

The line separating BMW and Rolls-Royce has been a subject of automotive lore since BMW acquired the British luxury marque in 2003. However, the 2023 BMW i7 xDrive60 blurs this line like never before, offering a Rolls-Royce-level experience at a fraction of the price. The interior is no less opulent, with Cashmere seats and intricate detailing that would not be out of place in a Ghost or a Phantom. Driving the i7 is akin to floating on a cloud, much like a Rolls-Royce. Its two-axle air suspension and electronic dampers provide a ride quality that is nothing short of sublime. The cabin is a sanctuary of quietness, rivaling even the most expensive Rolls-Royce models.Where the i7 truly shines is in its technological prowess. Unlike traditional Rolls-Royce models, which prioritize analog luxury, the i7 is a haven of digital opulence. From its "Level 2 Plus" assisted driving system to its 31.3-inch 8K resolution display in the rear, the i7 is a tech enthusiast's dream.You may enjoy leather and Cashmere seats, a $6,450 option, giving the i7’s interior a distinct look. They are the definition of plush, you sink into them more than you do sit, and with heating, cooling, and various massage settings, it’s probably impossible to be uncomfortable while wafting to your next destination.Nikita Gale and BMW Open Work by Frieze 2022 | BMW.comArtist Nikita Gale worked with BMW i7 designers to create an installation for BMW Open Work by Frieze 2022 that reaches far back into the history of the automobile and the electric guitar.BMWBMW


Metaverse of ikigAI Labs XYZ

In a world where the boundaries between the digital and the physical are blurring, ikigAI Labs XYZ invites you to step into a universe where art meets technology, where every pixel is a portal to an experience, where your digital assets are not just collectibles but keys to a life less ordinary.🔐 The Genesis of The Founder's Key 🔐It all began as a spark, a vision to revolutionize the way we interact with luxury and lifestyle. We asked ourselves, "What if your digital assets could unlock real-world experiences?" And thus, The Founder's Key was born—a groundbreaking NFT membership granting you immediate and exclusive access to a curated world of luxury experiences, globally. Forget the antiquated "points" system; we're talking about a lifetime of upgrades and VIP access to events.Ikigai Labs VIC MembershipsWhile our plan is subject to evolution as we embrace the insights and feedback from our vibrant community, this sets the stage for our grand venture. We are poised to embark on an artistic odyssey, where creativity knows no bounds, and the interplay of art and community thrives.IKIGAI LABSIKIGAI LABS XYZ


New York City of the digital age

Picture Bitcoin as the pioneering city of the Gold Rush, a place where everyone went to get their share of digital gold. Now, imagine Ethereum as the bustling New York City of the digital age. It's got the digital gold (called "ether"), but it also has skyscrapers (dApps) and automated subway systems (smart contracts). In Bitcoin City, gold is the only commodity. But in Ethereum, you've got an entire economy.Think of a smart contract as a magical scroll. You read out the terms, both parties shake on it, and voila! It carries itself out, no lawyers or notaries needed. Buying a digital artwork? The magical scroll ensures the artist gets their cut each time it changes hands. It's like having a genie, but for contracts.If you decide to be a part of Ethereum's world, it's like going on a treasure hunt. You're not just collecting coins; you're investing in the magic, the skyscrapers, and the entire city's future. You can buy ether, sure, but remember, it powers everything from the magical scrolls to the subway systems. You can also speculate on ether's future value without holding any, like betting on a sports game.Today, Ethereum is more than just a digital city; it's a universe. A universe where financial gurus, tech geeks, artists, and dreamers co-exist. From digital finance to art, from games to governance, Ethereum is becoming a cornerstone of the digital world, much like how the internet once started.


Blacklane

Blacklane expanded their City-to-city service with 98 brand new routes in eleven countries, bringing the total to 127 🛣Blacklane guests can now enjoy professionally chauffeured rides between an unparalleled number of cities. The CEO and co-founder, Dr. Jens Wohltorf, explains that this investment in long-distance routes across several markets "is also beneficial from an urban mobility perspective as our rides are a real alternative to short-haul flights." To read more, go to the link below.Door-to-door rides mean no switching between modes of transportation. You choose the pickup time, plus you can cancel up until 1 hour before your ride. Rest assured every ride is carbon offset. Taxes and tolls are included, you pay per car instead of per seat.Top Reasons to Move to Dubai - 2023 GuideDiscover the top reasons to move to Dubai, including its diverse culture, tax benefits, and endless sunshine.BlacklaneEllie SmithBlacklane provides a luxury service without the luxury rates. This means that you’ll be able to accurately work out in advance what your travel expenses are going to be, something of particular convenience to corporate travelers. Book a Chauffeur Service in Your City Today | BlacklaneBlacklane’s chauffeur service is here for all your business and leisure travel needs. Book your black car service with professional chauffeurs today!Blacklane


Kaizen & CryptoPunks

“The cycle is basically: talk to customer to understand pain point → build product to address that → get product in front of user → see what they do → repeat cycle. This cycle is how you iterate and improve. The law of compound growth being what it is: if you can get 2% better every iteration cycle, your iteration cycle is every four hours rather than every four weeks, and you compound that over the course of a few years, you’ll be in a very very different place. Make it one of your top goals to build one of the fastest iterating companies the world has ever seen.”-- Sam AltmanIn the pixelated world of CryptoPunks, Punk #7804, known as Sarah among her investment circles, found herself intrigued by a philosophy that seemed to resonate deeply with the ethos of the Web3 startups she had been eyeing. It was called Kaizen, a Japanese term meaning "change for better." As she delved deeper into the concept, she realized that Kaizen was not just a methodology—it was a culture. A culture that seemed to be the backbone of the most innovative startups in the decentralized world.Sarah decided to pay a visit to Punk #6357, Ethan, who was the visionary behind a promising Web3 startup. Ethan's digital mohawk and 3D glasses were not just for show; they were a testament to his avant-garde approach to technology and business. As Sarah entered Ethan's virtual office, she was greeted by a holographic interface showcasing the startup's latest smart contract deployments."Web3 is a realm of constant evolution, Sarah," Ethan began, navigating through lines of code on his holographic screen. "In this world, complacency is your worst enemy. That's why we live by the principles of Kaizen. Take our smart contracts, for instance. We're always iterating, always improving."Ethan then led Sarah to another virtual room where a group of CryptoPunks were engaged in a heated discussion. "This is our DAO—our quality circle," Ethan explained. "It's a self-governing body that allows every member to contribute to our decision-making processes. It's Kaizen in action, ensuring that we consider multiple perspectives and continually improve."Sarah was impressed but not yet convinced. Ethan sensed her skepticism and led her to another section of his virtual world. "You see, Kaizen also teaches us about standardization and efficiency," he said, pointing to a series of smart contracts. "These contracts are standardized to meet industry benchmarks, reducing errors and enhancing our overall efficiency."As they continued to explore Ethan's virtual startup, Sarah's understanding of Kaizen deepened. She saw how the principles of continuous improvement, standardization, and quality circles were not just theoretical concepts but practical tools that had a real-world impact.Her journey didn't stop there. Sarah visited other Web3 startups in the CryptoPunk universe, each embodying the principles of Kaizen in their own unique ways. From Ethereum's decentralized architecture to Chainlink's standardized smart contracts and MolochDAO's community-driven governance, Sarah saw the tangible impact of Kaizen.Armed with this newfound knowledge, Sarah felt more confident than ever in her investment decisions. She realized that the startups she was considering were not just chasing short-term gains; they were committed to long-term innovation and community engagement, all thanks to their Kaizen culture.As she returned to her own pixelated corner of the CryptoPunk world, Sarah couldn't help but reflect on her journey. Kaizen was no longer just a term; it had become a lens through which she evaluated her investment opportunities in the Web3 space. And as for Ethan and his startup, they continued to embody the principles of Kaizen, ever-adapting and ever-improving, just like the Web3 ecosystem they were a part of.


The Odyssey of Cryptopunk V1

Meet Cryptopunk V1, or as his friends call him, "CP1." At 42, he's a seasoned entrepreneur who has spent over two decades running a successful travel and real estate marketplace alongside a lifestyle magazine. His passions extend beyond business; he's an avid writer, a skilled photographer, and a strategic investor in real estate near world-class surf and snowboard spots.Phase 1: The Accumulation PhaseCP1 starts his journey with $1 million in assets, primarily invested in Ethereum and Art Blocks grails. He's been through three market cycles before and knows the importance of accumulating good projects.Action Plan:Diversify into Bitcoin and Solana, but keep the core portfolio in ETH.Invest in cashflow-generating DeFi projectsAllocate a small percentage to Pepe for the culture.Monitor liquidity and market trends meticulously.Phase 2: Early Bull MarketAs the market starts to heat up, CP1 is already ahead of the curve. He's been taking profits on the way up and reallocating them into new opportunities.Action Plan:Start looking into commercial real estate near prime surf Take profits from ETH and reinvest in underperforming assets.Continue to focus and not get swayed by market noise.Phase 3: Peak Bull MarketCP1's portfolio has skyrocketed. He started purchasing commercial real estate to develop art residencies, fulfilling a long-term dream.Action Plan:Implement an exit strategy for certain assets.Enjoy 5-star hotels and fine dining experiences.Phase 4: The Mark Down PhaseThe market starts to cool off, but CP1 is unfazed. He's been here before. His diversified portfolio and real estate investments provide a cushion against the market downturn.Action Plan:Buy more Art Blocks grails at a 90% discount.Rebalance the portfolio to prepare for the next cycle.The North Star: $42 MillionCP1 finally hits his North Star of $42 million in assets. He's not just living the dream; he's enabling others to do so through his art residencies. He continues to write, photograph, and surf, living a life that's not just about surviving, but thriving.


BTC - Follow The Money - WBD

El Salvador could be the catalyst for the most audacious economic experiment since Bretton Woods. On September 7th 2021, they became the first country in the world to make the nascent digital currency, Bitcoin, legal tender. If other countries follow, it could lead to a new international monetary system. How did this come to pass? And what does it mean for Salvadorians? A beach and a palace bookend Bitcoin's story in El Salvador, and my film starts in the coastal resort of El Zonte, aka Bitcoin Beach, where I visit Michael Peterson, a US charity worker who developed this unique Bitcoin community. Most Salvadorians in El Zonte are unbanked, yet, with Bitcoin Beach, they were introduced to this new financial system. I also sit with the President of El Salvador, Nayib Bukele, who, inspired by El Zonte, saw a chance to reset his country's fortunes. He took the unprecedented step to align his country's future with Bitcoin, taking on powerful interests at home and abroad.The El Salvadorian people lie between these two men, ravaged by civil war, gang violence, and political corruption. Bukele has a bold vision for a new future, but his changes have bred distrust in some and hope in others. I travel to meet those protesting against Bitcoin and those who believe it can be a force for good.We are living through an economic crisis. A crisis that has been building for decades. Since the year 2000, global GDP has tripled, yet we are facing rampant inflation, a widening wealth gap and a dramatic slowdown of the global economy. Misguided economic policies have seen the government borrow ever-increasing amounts of money, and these growth levers have raised the cost of living, pushing families to the brink. In Part 2 of Follow the Money, I travel to my home town of Bedford to look at how families and businesses are coping with inflation and what they understand about it. I also travel to Harlow, one of the most deprived towns in the UK, to look into a housing project where the government is converting old office blocks into social accommodation.With a wave of misconceptions perpetuated by mainstream media outlets and political figures, including Elizabeth Warren, there has been a deluge of negative press regarding Bitcoin's energy consumption and its environmental impact.These misconceptions hinder the growth and widespread adoption of one of the most revolutionary technologies in recent history. By spreading false information regarding Bitcoin's energy consumption and environmental credentials, these influential sources create a negative perception of Bitcoin, undermining its potential to transform the global financial landscape. In Part 3 of Follow the Money I travel to Texas and Oklahoma to discover the truth about the Bitcoin mining industry and how this industry embodies core American values - the ideals of freedom, hard work, and innovation. I also investigate the relationship between Bitcoin mining and the transition to a low-carbon grid, debunking claims that it is detrimental to the environment. Additionally, I uncover how Bitcoin miners utilise otherwise wasted energy and collaborate with grid operators to stabilise energy supplies and reduce consumer prices. As I travelled across these two states, I witnessed firsthand the revitalisation of towns due to the influx of Bitcoin mining companies and saw how working with, rather than against Bitcoin can benefit American communities and contribute to the nation's prosperity. In the heart of South America, Argentina is gripped by an endless economic crisis. A prolonged history of hyperinflation, currency devaluation, and fiscal mismanagement has created enormous inflationary pressures and destroyed confidence in the Argentine peso. The country has grappled with unsustainable public debt levels, political instability, and an over reliance on external borrowing. These factors, combined with a lack of consistent economic policies, have led to a series of financial crises, eroding the population's purchasing power and causing significant social and economic hardship. The crisis has been further exacerbated by challenges such as income inequality, corruption, and a lack of trust in the financial system, making it a complex and enduring issue for Argentina.In Part 4 of Follow the Money, I travel to Buenos Aires to understand Argentina's history of inflation, the damage it has caused the country and the tools people have to survive a collapsing currency.With an upcoming presidential election, I also meet the people who believe that the solution is a new Libertarian candidate and his radical reforms of economic policy and government.What Bitcoin Did - The #1 Bitcoin PodcastListen to Interviews with leaders in Bitcoin and Cryptocurrencies with Peter McCormack & What Bitcoin Did.What Bitcoin Did


Rebirth of a Legendary Chronograph

Porsche Design has revived a legend after more than 40 years with the Chronograph 1 Utility – Limited Edition. The design of the new chronograph borrows heavily from Porsche Design’s iconic “Military Chronograph” from the 1970s, which was known for a high level of reliability, outstanding comfort, and easy readability – and had achieved legendary status, especially among international air and naval forces. The new edition is equipped with state-of-the-art technologies and modern materials, fusing iconic heritage with innovation. From stainless steel to titanium carbide By using titanium carbide (TiC), the Chronograph 1 Utility – Limited Edition sets new standards in terms of robustness and aesthetics. This revolutionary material, developed and patented by Porsche Design, makes the chronograph’s case even more scratch-resistant, extremely lightweight, and hypoallergenic, compared to its historical forerunner that was made of steel. This timepiece is the first chronograph within the brand’s collection watches that is made from titanium carbide and is not connected to a specific Porsche sports car, underscoring Porsche Design’s status as a driver of innovation. The design of the new edition, especially with its matte black dial, provides optimal readability in homage to the Military Chronograph from the 1970s – something that also applies to the use of the historic font on the three totalizers. The new edition is powered by the Porsche Design WERK 01.240 chronograph caliber with COSC certification and flyback function, providing equal reliability to its forerunner in terms of precision, functionality, and quality. Like all Porsche Design Timepieces, this chronograph’s uncompromising compliance with COSC precision specifications is ensured by carrying out a renewed test cycle in the manufactory, thus meeting the highest quality standards. The chronograph’s flyback function enables quick starting, stopping, and resetting in a single operation which, in conjunction with the titanium carbide case, makes the watch the ideal timekeeper for outdoor and winter sports as well as racing activities. The “BUND” leather strap, which once provided the original Military Chronograph with a high level of wearing comfort while protecting the wrist in extreme temperatures, is also used in the new Utility Edition. The dial of the historical forerunner, the military version for the flying squadron of the U.S. Air Force, featured a tiger’s head as heraldic animal. Now, an image of a screaming marmot – colloquially called a “Mankei” in Pinzgau, Austria – adorns the dial of the new edition, positioned between 4 and 5 o’clock. The “Mankei” icon on the dial refers to the Mankeiwirt, Ferdi Porsche’s newly opened destination for car enthusiasts that is located on the Grossglockner High Alpine Road near Studio F. A. Porsche in Zell am See, highlighting the collaboration between Porsche Design and F.A.T. International. This Limited Edition pays homage to its historical forerunner through several striking details. For example, the “TiC” logo is placed in the characteristic position between 1 and 2 o’clock on the dial referencing the use of titanium carbide, and is a modern reinterpretation of the iconic 3H symbol of the Military Chronograph. The “3H” symbol signified the use of the hydrogen isotope tritium, which ensured excellent readability of the hands and dial numerals under extreme conditions and in the dark. The new edition uses SuperLumiNova®material that glows in a bright blue color to ensure optimal readability in the dark. In addition, two distinctive dots on the dial at 12 o’clock provide a clear orientation of the displays in the dark. Compared to the Chronograph 1 – All Black, thicker second and minute numerals optimize readability. The eye-catching “Utility” lettering stands out above the day and date display. The watch features the historic Porsche Design logo on the dial and winding crown. The “Mankei” icon and the “Chronograph 1 Utility Edition” lettering are laser-engraved on the black-coated case back along with the individual limitation number XXX/250. The ideal companion The Chronograph 1 Utility – Limited Edition is a reliable companion for outdoor activities without forgoing style and aesthetics. The edition comes with a slate-gray strap made of calfskin, which is also used in the interiors of Porsche sports cars and comes with a quick-change mechanism. The chronograph comes with an additional white textile strap, featuring a badge that bears the coordinates of the F.A.T. Ice Race in Zell am See. This watch can be worn comfortably over a ski jacket, making it the ideal companion for winter sports and racing activities. The Porsche Design Chronograph 1 Utility – Limited Edition can be pre-ordered from October 9, 2023, at porsche-design.com and is available in Porsche Design Stores worldwide and at selected watch retailers from January 15, 2024.


Happiness Unscripted

In the heart of Silicon Valley, there was a man named Alex who had spent his life chasing the dreams that were sold to him by the glossy covers of entrepreneurial magazines and the ever-optimistic tech moguls. He believed that happiness was a milestone, one that could be reached with the right job title, the fattest paycheck, and the most prestigious accolades. But as Alex grew older, he began to realize that the script he had been following was not his own.Alex was married to Sarah, a woman who had spent her life nurturing others, hoping to find her own joy reflected in their contentment. As they approached their late thirties, the couple found themselves at a crossroads. Alex had been part of a venture-backed startup, working tirelessly, believing that wealth was just around the corner. Sarah had been the supportive wife, always putting Alex's ambitions before her own. But the wealth never came, and the happiness they were promised felt just as elusive.One evening, as they sat on their porch watching the sunset, Alex spoke slowly, a habit he had adopted recently, finding that his words carried more weight when he did. "You know, Sarah," he said, "I've been thinking about happiness. How it's not something you find, but something you create for yourself."Sarah nodded, her eyes reflecting the fading light. "I've been thinking about that too," she replied. "I've spent so much time trying to make everyone else happy, I forgot to ask myself what I wanted."They decided then to redefine their lives. Alex left his job at the startup and began to focus on what he truly loved – creating. He started writing online, sharing his journey of self-discovery and the lessons he had learned. He found joy in the act of creation, and to his surprise, this joy turned into a community, a following, and eventually, a currency of its own.Sarah, on the other hand, turned to photography, capturing the simple moments of life that often go unnoticed. She sold her work online, but more importantly, she found her tribe – a group of people who saw the world through the same lens she did.Together, they learned that wealth wasn't about the numbers in your bank account, but about discovering what you truly want to become and fully engaging in that mission without the need for external validation.They also made lifestyle changes. They stopped trying to keep up with the Joneses, realizing that happiness isn't expensive, and an expensive lifestyle was indeed a trap. They embraced minimalism, finding that being happy required much less than they had been led to believe.Alex and Sarah's circle of friends changed. They learned that real friends were the ones who showed up because they wanted to, not because they had something to gain. They also learned to have fun trying new things, which accelerated their learning and brought them closer together.Instead of rushing to therapy and prescription pills at the first sign of discomfort, they focused on eating healthy, getting good sleep, and building assets that would pay dividends in the future, both financially and emotionally.As they shared their journey online, they found that the internet was a powerful tool that could turn thoughts into dreams and dreams into realities. They also discovered that the internet rewards those who write well, and Alex's writing began to pay off.Time, they realized, was a peculiar thing. As a child, it was endless, but as an adult, it seemed to slip through their fingers like sand. They learned to cherish each moment, to mind their own business, and to live life with intention.Their phones were often on Do Not Disturb, a small act that gave them the peace they had long sought after. They built a business that started as low status but grew into something that others admired. And through it all, they found that a lot can indeed happen in a year.Alex and Sarah's story is one of transformation, of realizing that there is no middle class in happiness – you are either rich with contentment or trying to stay afloat in a sea of expectations. They found their people, their purpose, and their peace. And they did it by understanding that they were responsible for their own happiness, not anyone else's. And so, as another day set its record speed, Alex and Sarah smiled, knowing that they had found the secret to a rich life – a life lived on their own terms.


Your Ikigai Labs Onboarding Journey

GM,In the dynamic realm of digital marketplaces, anticipation runs high as our ambassadors eagerly await the unveiling of our platform, a vision brought to life with a self-funded investment of $150K. Ikigai Labs XYZ stands tall, not alone, but on the robust shoulders of our core partners — Transient Labs, Thirdweb, and Reservoir Tools. Their innovative blockchain contracts and indexing prowess are not just part of our infrastructure; they are integral to our DNA, a fact we're making more palpable in our user interface and design ethos. The staggering $50 million raised by our partners has not only fueled our journey but has also afforded us the luxury of time — time that has been invested wisely to curate over a million NFTs, showcasing the top 420 collections with the distinctive flair of Ikigai Labs XYZ. Amidst this journey, it's almost surreal to reflect on our decision to turn down a $10 million offer for the V1 of our marketplace during the peak of the 2021 bull market — a testament to our belief in the greater value we're creating. While the journey to our V3 MVP has seen its share of delays, the outcome is nothing short of extraordinary. We stand in awe of the dedication and expertise of our CTO, whose relentless pursuit of excellence has laid a foundation that will support our growth for decades to come. This is more than a milestone; it's an embodiment of what passion, innovation, and partnership can achieve.The bigger picture is that we aim to blend the finesse of fine art photography and generative art, with a metaverse art gallery, auction house, artist residencies, and magazine for connoisseurs and collectors who seek to enrich their lives through art, culture, travel, and the finer things. The North Star is to create, curate, collect onchain art series, now with the added dimension of TRACE's secure, blockchain-based provenance.Unlocking New HorizonsOur members-only art gallery is not just a space for exhibition but a platform to create, curate, and collect. By deploying curated images onto the blockchain, we ensure each masterpiece's provenance is indisputable, and your creative legacy is etched in perpetuity with TRACE technology. This digital ledger is your canvas for the future, offering a transparent, secure, and immutable record of ownership and authenticity.Royalties ReimaginedWith a creator-owned smart contract, crafted in collaboration with Transient Labs, you can unlock onchain storytelling rewarded with royalties on auto-pilot. Transient Labs Story Contract, now enhanced with TRACE, redefines art through immersive storytelling. Transient Labs aims to create an immersive UX where collectors can delve into the narratives behind artworks, unlocking a deeper connection with the creative process and the creator, all while ensuring the authenticity and history of the artwork are preserved through TRACE.Transient Labs Story ContractRedefining Art Through Immersive Storytelling. Transient Labs aims to create an immersive UX where collectors can delve into the narratives behind artworks, unlocking a deeper connection with the creative process and the creator.IKIGAI LABSIKIGAI LABS XYZikigAI Embraces T.R.A.C.EOur first step in this exciting journey is to collaborate with our partners at Transient Labs to identify the initial set of artworks for TRACE integration. This will set the stage for our inaugural TRACE-focused exhibitionIKIGAI LABSIKIGAI LABS XYZA Symphony of Exclusivity and PrestigeThe Genesis collection will be a testament to your artistry, with each of the 24 images released as a limited edition of 15, including 3 APs. These masterpieces will be unveiled monthly, creating a crescendo of anticipation and exclusivity. Priced at 0.21 ETH, with a reserve price of 60 ETH per collection. (AP=Arist Proof Edition)Revenue Distribution - A Fair Art EconomyThe revenue model is designed to celebrate and support all contributors:48 ETH to the creator for fostering beauty and expression.3 ETH to the curator for their discerning eye and expertise.9 ETH to both Transient Labs and Ikigai Labs XYZIkigai Art Vault - A Testament to Timeless ValueIkigai Labs XYZ is not just facilitating this journey; we are active participants. With two AP editions of each artwork in our IRL art vault, we aim to bridge the gap between the art world and onchain collectors, reinforcing the value proposition.The $VIBES Token - Your Stake in Our Shared VisionAs part of our commitment to our ambassadors, we are proud to offer an equity grant valued at 9 ETH in the form of our $VIBES token. This is not just a symbol of our gratitude but a share in our collective success.Web3-powered tokenized SAFEFairmint is creating a system that uplifts the entire community around a successful company, and doesn’t just reserve the riches for a select few wealthy insiders. DeFi gives startups freedom to break free from traditional fundraising rounds and focus on building their product.IKIGAI LABSIKIGAI LABS XYZThe Metaverse and BeyondLooking ahead, we are excited about the Ikigai Labs meta gallery, currently in development, and our existing presence in the LiveTheLifeTV private Art Blocks & Tezos art gallery on Spatial. Bespoke virtual spaces will host your collections, allowing art enthusiasts to experience and purchase your work in immersive AR/VR.Sustainable Growth and Exclusive OpportunitiesAt Ikigai Labs XYZ, we are as strategic with our finances as we are with our art. Our operational ethos is to remain 'default alive,' maintaining a robust financial foundation while we innovate. With an annual expenditure of around $300K, we are poised for sustainable growth. Our Kickstarter campaign, a soft launch on the auspicious date of 420, is projected to generate a revenue of $800K.The OG Founders Club - Your Ticket to ExclusivityIn line with our vision, we will release a very limited supply of 333 OG Founders Club over the next three years, totaling 999 passes. They are a reflection of your pioneering spirit as an Ikigai Labs XYZ ambassador.Year 1: 333 passes at 690 USDC each, totaling 229,770 USDCYear 2: Identical to Year 1, reinforcing our stable growthYear 3: Completing the trilogy of our initial offeringPriced at 690 USDC, the OG Founders Club is your gateway to a curated world of fine art. We have allocated $100 per collector for complimentary merchandise, amounting to 33,000 USDC annually, as a token of appreciation for your commitment to our shared vision.VIC Membership Cards - The Heart of Our EcosystemOur core business model revolves around the auction of 1,111 Very Interesting Creator-Curator-Collector (VIC) Membership Cards annually for the next three years. These cards are more than a status symbol; they are a bridge to a world of opportunities and exclusive benefits within the Ikigai Labs XYZ ecosystem.Year 1: 1,111 VIC memberships at 420 USDC each, totaling 466,620 USDCYear 2 and Year 3: Echoing the success of Year 1With each VIC membership priced at 420 USDC, we are crafting an elite community of art aficionados. Furthermore, we budget an additional $100 per VIC member for Ikigai merchandise, which equates to 111K USDC per year, as a gesture of our gratitude and to enhance the sense of belonging to the Ikigai Labs XYZ family.Doppelgänger ContractUnlock a new era of digital art appreciation, where NFTs go beyond singular representations and embrace the dynamic and transformative nature of creativity. Together, we redefine the boundaries of the art world and create immersive experiencesIKIGAI LABSIKIGAI LABS XYZYour Role in Our JourneyAs we navigate this exciting path, your role as an ambassador is pivotal. You are not just a creator; you are a cornerstone of the Ikigai Labs XYZ legacy. Your art, your vision, and your voice will resonate through curating and the onboarding of other creators we want to spotlight on the platform. We look forward to embarking on this remarkable journey with you. Welcome to the forefront of the art revolution.About Ikigai Labs XYZIkigai Labs XYZ is a visionary enterprise at the vanguard of the art and technology nexus. Our foundation is built upon tangible assets that include proprietary software, brand intellectual properties, and an expansive art vault that houses both digital displays and limited edition print collections. Our artist residencies are a testament to our commitment to creative excellence, offering a sanctuary where art is not just created but also meticulously curated and collected. These residencies culminate in exhibitions across both physical and digital realms, ensuring our artists' works garner the recognition and legacy they deserve. As a Delaware C incorporated entity with tokenized equity, Ikigai Labs XYZ is more than a company—it's a cultural incubator fostering the intersection of creativity, ownership, and innovation on the Web3 frontier.Our mission is to bridge the gap between the tangible and the virtual, ensuring that every pixel of digital art we curate is as impactful and present as a masterpiece hanging in a gallery. We envision a world where digital art collections are as thoughtfully displayed and enjoyed as their physical counterparts, transforming spaces, both virtual and real, into sanctuaries of personal expression and cultural conversation. Whether through innovative display technologies or immersive virtual galleries, we're dedicated to ensuring that the art you collect is a living, breathing part of your life. Because, after all, to truly live with art is to let it change you, continually and profoundly, no matter its form. Art is a dialogue, a universal language that speaks directly to the soul. It's a reflection of who we are, our tastes, our passions, and our views of the world.About LiveTheLifeTVFor over a quarter of a century, LiveTheLifeTV has been at the forefront of visual storytelling and innovation. Shaped by a deep-rooted passion for photography and propelled by a decade of AI research and development, the brand has continuously evolved to capture the zeitgeist of each era. A highlight was being featured on Apple.com as webTV visionary. From its early days as a pioneering video streaming service in London and Brussels, delivering Hollywood cinema trailers and live streams, to its transformation into a luxury surf real estate and lifestyle travel application, LiveTheLifeTV has always been ahead of the curve.In the past five years, LiveTheLifeTV has returned to its essence, flourishing as an online magazine for connoisseurs and collectors. It's a haven for those who seek to enrich their lives with art, culture, travel, and the finer things. Throughout its journey, LiveTheLifeTV has garnered significant attention, reaching 100 million eyeballs through targeted Google Ads in the nascent stages of Web2, and captivating over 300,000 weekly viewers on social media during its golden era in J-Bay, South Africa. The core thesis of LiveTheLifeTV has remained unwavering since its inception in 1999: the future of the web is video, augmented reality, and artificial intelligence. Embracing this vision, in 2017, our focus shifted towards building on the blockchain to enhance distribution, onchain royalties, security, and, paramountly, transparency and tokenized ownership of equity and tangible assets like real estate and art. LiveTheLifeTV stands as a testament to the power of visual media and its capacity to shape, define, and enrich the human experience.Legal DisclaimerThis communication is for informational purposes only and should not be construed as a solicitation or offer to buy or sell any securities or related financial instruments. Ikigai Labs XYZ makes no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability, or availability with respect to the information contained in this newsletter for any purpose. Any reliance you place on such information is therefore strictly at your own risk. The art market is subject to fluctuations and the value of any investment in art or related tokens can go down as well as up. Past performance is not indicative of future results.


Jupiter Exchange

Jupiter Exchange is poised to significantly enhance the Solana ecosystem through a series of innovative releases and updates. Here's a comprehensive overview of what's in store, including the $JUP airdrop, $JLP, Jupiter Terminal, $SUSD, and more.$JUP Airdrop & Release: Jupiter is set to bolster its presence on Solana by introducing its governance token, $JUP, through a strategic airdrop. The distribution plan includes 40% for community growth across four airdrop phases, 20% for a locked token sale, and 40% reserved for the team and strategic purposes, vested over two years. This airdrop is designed to attract new capital to Solana and reward loyal Jupiter users. The introduction of $JUP is expected to drive on-chain activity and liquidity, considering Jupiter's impressive track record of 950k unique users and $35B in volume.$JLP and Perpetual Trading: Jupiter's perpetual trading beta allows up to x100 leverage on SOL, ETH, and WBTC, supported by the $JLP liquidity pool. This pool, currently valued at $3M, offers an APR of 55.5%. $JLP tokens represent stake ownership for liquidity providers. Fees for users include a 0.1% fee on position opening and closing, swap fees up to 2%, and borrowing fees based on asset utilization rates.$SUSD - The Leveraged SOL Stablecoin: $SUSD is a groundbreaking Solana yield-bearing stablecoin, backed by SOL liquid stake with dynamic leverage. It aims to increase base staking yield from 7-8% to 7-17%, introducing a liquidation risk factor managed through arbitrage and loan collateralization. The $SUSD mechanics allow users to leverage their ecosystem up to 3x, enhancing yield generation versus traditional staking.Jupiter Start - Token Launchpad: This initiative simplifies the token launch process, ensuring immediate tradability on Jupiter. It highlights exceptional projects and supports them with visibility, community nurturing, and ecosystem assistance. Jupiter is also introducing a public seed round initiative for community investment in new projects.CCTP and Wormhole Integration: The integration of Circle's Cross-Chain Transfer Protocol (CCTP) and Wormhole's Connect will enable direct bridging from supported chains to Solana, enhancing liquidity and simplifying the bridging process.Jupiter Planetary Developer Week: This event showcased Jupiter's commitment to DeFi development, with daily releases like the V6 Quoting API, Jupiter Payments v2, Jupiter Terminal v2, Unified Wallet Kit, and Jupiter Gaming Unity SDK. These tools are designed to improve liquidity, payment processing, dApp integration, and gaming experiences on Solana.In summary, Jupiter Exchange's upcoming releases on Solana represent a significant step forward in DeFi and blockchain technology. With its innovative approach to governance tokens, liquidity pools, stablecoins, and developer support, Jupiter is well-positioned to drive growth and user engagement within the Solana ecosystem.


Dimitri Daniloff Blends Art & Tech

Let's talk about one of our own, the heart & soul behind IkigAI – Dimitri Daniloff. He isn't just the founder; he's the living embodiment of what ikigAI is all about: a platform by creators, for creators.Dimitri Daniloff stands as a testament to the transformative power of art when fused with technology. His illustrious career, spanning over more than two decades, is a journey that transcends the realms of traditional photography, venturing into the innovative frontiers of digital artistry.From his earliest influences under the tutelage of his father, a master sculptor, Dimitri developed a deep appreciation for the intricacies of form and texture. His initial forays into the world of visual art using the 4x5 view camera marked the beginning of an enduring exploration of reality's capture. However, it was his unquenchable thirst for innovation that propelled him into the digital sphere, where he began to challenge and redefine the boundaries of the photographic medium.Dimitri's work is characterized by a unique blend of authenticity and fantastical elements, strikingly evident in his groundbreaking campaign for PlayStation in 2003. This project marked a pivotal point in his career, as he skillfully intertwined real-life elements with alien realms, creating a hybrid space where the real and the surreal coexist in harmony.His collaboration with the iconic electronic duo, Daft Punk, on the avant-garde Virtual Girl project in 2008 further showcased his ability to incorporate 3D elements into traditional photography, presenting a compelling narrative of augmented humanity. This venture exemplified his flair for merging the artistic with the technological, a theme that has become a hallmark of his work.Dimitri's advent into the world of photogrammetry, a technique that using photography to create detailed 3D models, marked another significant evolution in his artistic journey. His series 'L’humain illimité’ (Human Unlimited)from 2018 stands as a revolutionary project that blurs the line between the virtual and the real. This work, a virtual figure anchored in reality, challenges the viewer's perceptions of the human form, pushing the limits of traditional 2D imagery.As the CEO of Kklone, Dimitri has continued to explore the potential of photogrammetry, creating breathtaking 3D models and immersive digital experiences. His work in this field has been recognized internationally, including a major project for EDF at the VR Arles festival, showcasing his ability to merge artistic vision with cutting-edge technology.In his current role as a consultant at Mazarine Paris, Dimitri brings his artistic vision and technological expertise to the forefront of the evolving digital landscape, advising on trends in web3 and the metaverse. His work here involves curating artists for events and providing insights into the future of digital art spaces, further cementing his position as a pioneer in the field.Throughout his career, Dimitri has collaborated with some of the world's top agencies and brands, including Adidas, Nike, and several prestigious international agencies. His passion and dedication to photography and digital art have earned him numerous accolades, including the prestigious Grand Prix de Cannes at the Cannes Lions, gold and silver Lions, and awards at the Clios Awards.Dimitri Daniloff's career is more than a chronicle of personal achievement; it is a vivid illustration of the endless possibilities at the intersection of art and technology. His journey from capturing reality to creating new realities serves as an inspiration, inviting us to envision a future where art and technology coalesce to redefine our experiences and perceptions. His work stands as a beacon for those who dare to dream beyond the confines of the conventional, heralding a new era of visual storytelling where imagination knows no bounds.Keep dreaming, keep creating,Your Ikigai Crew


ikigAI Embraces Real World Art

In 2024, ikigAI Labs XYZ embarks on a transformative journey, fully embracing TRACE (Tokenized Records for Artwork Certification and Evolution) technology, developed by our esteemed partners at Transient Labs. This groundbreaking innovation marks a pivotal moment in our mission.What is TRACE?TRACE is a revolutionary technology that bridges the gap between physical and digital art. At its core, TRACE utilizes a secure, tamper-evident chip, physically attached to an artwork, paired with a digital certificate of authenticity on the blockchain as an NFT. This dual existence not only secures the provenance of physical artworks with unprecedented rigor but also enriches the art with a living digital narrative.Why TRACE?Immutable Provenance: TRACE ensures the authenticity and history of artworks are preserved and transparent, addressing the art world's long-standing challenges around provenance and ownership.Dynamic Art Histories: Beyond static certification, TRACE records and updates the artwork's journey - sales, exhibitions, and alterations, allowing artists to add their narratives and authenticate them on-chain.Bridging Worlds: By integrating physical art with blockchain technology, TRACE creates a seamless experience for art collectors, whether they are seasoned crypto enthusiasts or newcomers to the digital art space.Empowering Creators: TRACE offers artists a novel platform to express and manage their creations, fostering a deeper connection between the artist, the artwork, and the collector.As we venture into this integrated future with TRACE, ikigAI Labs XYZ is committed to redefining the art experience, ensuring authenticity, and fostering a community where technology and artistry coalesce to create unprecedented value and meaning. Our first step in this exciting journey is to collaborate with our partners at Transient Labs to identify the initial set of artworks for TRACE integration. This will set the stage for our inaugural TRACE-focused exhibition, a testament to our commitment to this transformative technology.Imagine walking into the ikigAI art gallery, where the air is thick with inspiration. You're greeted by an awe-inspiring canvas, vibrant with colors that seem to dance in the light. This isn't just any artwork; it's a living story, a journey through time and space, made possible by T.R.A.C.E. - a groundbreaking technology that intertwines the physical art with its digital soul.As you step closer, a creator beside the piece catches your eye. She's an avant-garde artist, known for her ability to blend traditional techniques with futuristic concepts. In her hand is a small, sophisticated chip - the heart of T.R.A.C.E. She attaches it to her latest masterpiece, a process as seamless as her brush strokes. This chip does more than just mark the artwork; it breathes life into its very essence.This chip, a beacon of authenticity and history, is paired with a digital certificate on the blockchain, an NFT that represents more than ownership - it's a testament to the artwork's journey. Each sale, exhibition, and even the artist's personal stories are immutably recorded, creating a rich tapestry of its lineage.Our artist smiles as she recounts the story behind her creation, a tale of inspiration drawn from the depths of the ocean's mysteries. With a few taps on her device, these anecdotes become part of the artwork's digital twin, forever etched in the blockchain.As a collector in this gallery, you're not just buying a piece of art; you're acquiring a piece of history, a segment of the artist's soul. The digital twin NFT, a novel concept, allows you to own the physical artwork in a way that's never been possible before. Once you purchase the NFT, the physical piece becomes yours, its T.R.A.C.E. chip locking your ownership and its story together for eternity.This is more than an art transaction; it's a fusion of creativity, technology, and trust. The public ledger of provenance that T.R.A.C.E. offers is a significant leap in the art world, where the journey of an artwork is as valuable as the artwork itself.As ikigAI Labs XYZ, we're not just envisioning a future; we're actively crafting it. Over the next six months, we're expanding T.R.A.C.E. to empower creators and collectors alike. Our self-service tools will enable artists to create digital Certificates of Authenticity (dCOAs), order T.R.A.C.E. chips, and manage their artworks with unprecedented ease. Simultaneously, we're broadening our network, embracing galleries, auction houses, and museums into our ecosystem.Our journey begins with a collaboration with Transient Labs, identifying the inaugural collection for our TRACE-focused exhibition. This is more than an IRL exhibition; it's the dawn of a new era in art, where the physical and digital realms converge, creating experiences that are as authentic as they are revolutionary.


$VIBES Token is Redefining Value

In the ever-evolving landscape of cryptocurrency, a paradox has emerged. On one hand, the promise of blockchain technology and decentralized finance (DeFi) has never been more tantalizing – offering a world where financial control and freedom are in the hands of the individual, not institutions. Yet, as we navigate this brave new world, we find ourselves at a crossroads, cluttered with an overabundance of tokens, each purporting value but few delivering substance.Imagine a world where every interaction, every service, demands its unique currency. Booking a stay? That'll be in Airbnb Dollars. Catching a ride? Uber Muni, please. This isn't just a hypothetical scenario but a mirror reflecting the current state of our crypto universe. A universe where the proliferation of 'useless' tokens not only confounds but also detracts from the transformative potential of this technology.At ikigAI Labs XYZ, we've watched this unfold, acknowledging the need for a shift – a return to the core values of blockchain and crypto. It's time to cut through the noise, to redefine what a token can and should be. This is where our journey with Fairmint and the $VIBES token begins.The Problem with Token OversaturationIn the current crypto ecosystem, the abundance of tokens isn't just a minor inconvenience; it's a fundamental misalignment with the ethos of blockchain and decentralized finance. Each new token, while unique in its branding, often fails to offer real utility or value. This proliferation isn't just confusing – it dilutes the very essence of what makes cryptocurrencies revolutionary.Consider the practical implications. For users, navigating this maze of tokens means constant swapping, managing a portfolio of potentially volatile assets, and a learning curve that excludes all but the most dedicated. The simplicity and elegance of blockchain transactions are lost in a sea of token-specific rules and use cases.But the issue runs deeper than mere inconvenience. This token glut reflects a broader trend in the crypto space: a shift from innovation-driven to speculation-driven projects. Tokens are being created not as solutions to real-world problems, but as speculative assets, with more focus on potential market value than on underlying utility. This not only misleads investors but also steers the narrative away from the transformative potential of blockchain technology.At ikigAI Labs XYZ, we recognize this as a pivotal moment in the crypto narrative. A moment where we must ask ourselves – are we contributing to the clutter or cutting through it with purposeful innovation?ikigAI's Approach to Redefining Token UtilityAt ikigAI Labs XYZ, our engagement with the crypto world goes beyond mere participation; we aim to be architects of change. Recognizing the pitfalls of token oversaturation, we asked ourselves: How can we bring back the original promise of crypto – a promise of utility, value, and empowerment?Our answer lies in the use of Fairmint and the launch of our $VIBES token. Unlike the myriad tokens that clutter the crypto landscape, $VIBES is not just another digital asset; it's a statement of purpose. It represents tokenized equity in ikigAI Labs XYZ, grounding its value not in speculation but in the tangible success and growth of our company.Fairmint serves as the platform that enables this vision. It's where the $VIBES token transcends the typical utility token model, offering a direct stake in our endeavors, aligning the interests of our supporters with our corporate achievements. This isn't just a token; it's a share in our journey, our successes, and our innovations.By choosing this path, we're not just offering a token – we're inviting our community to be a part of our story, to grow with us, and to share in the rewards of real, measurable success. This approach is our stand against the tide of meaningless tokens, a testament to our belief in a crypto ecosystem driven by genuine value and utility.Shaping the Future of Crypto with Real ValueThe launch of the $VIBES token by ikigAI Labs XYZ isn't just a singular event in the crypto space; it's a beacon for what the future of cryptocurrency can be. By anchoring our token in real equity and tangible success, we're setting a precedent for value-driven crypto offerings. This approach challenges the status quo and paves the way for a new era in the crypto world – an era where tokens are more than speculative assets; they are meaningful stakes in real, thriving businesses.This shift towards value and utility is crucial for the long-term sustainability of the crypto ecosystem. It aligns with the original vision of blockchain technology – to create a decentralized, efficient, and empowering financial landscape. By focusing on real value, we can steer the narrative away from speculation and towards innovation and genuine problem-solving.At ikigAI Labs XYZ, our commitment goes beyond our own token. We envision a future where the crypto market is defined by tokens that offer real utility, driving forward businesses and ideas that contribute positively to our world. The $VIBES token is our contribution to this vision, a step towards a more mature, value-centric crypto landscape."Join Us in Redefining the Value of CryptoAs we embark on this journey with Fairmint and the $VIBES token, we invite you, our community, to join us. It's a partnership in shaping the future of crypto. A future where tokens represent real stakes in innovative companies, where your investment is tied to tangible success and growth.Explore more about Fairmint and the $VIBES token. Be a part of our story, a story of innovation, growth, and real value. Together, we can redefine what it means to invest in crypto, moving towards a market that values utility as much as it does potential.Are you ready to be a part of this change? Join us at ikigAI Labs XYZ, where every token tells a story of real value and shared success.


Porsche 850 Fantom Air

GM GM, water sports enthusiasts and tech aficionados! Buckle up, because I've got a tale that's going to make waves in the world of luxury boating. Picture this: the sleek design of Porsche, not on the asphalt, but cutting through the ocean waves. That's right, Porsche is diving into the boating world, teaming up with the legendary Frauscher Shipyard to create something truly spectacular – the Frauscher x Porsche 850 Fantom Air.Now, imagine cruising on a boat that's as electrifying as it is elegant. This isn't just any boat; it's an electric sports boat that screams luxury and performance. The 850 Fantom Air is a dream come true for those who love the open sea but are conscious about their carbon footprint. It's like the Tesla of the seas, but with that unmistakable Porsche flair.The heart of this beauty? The same tech that's going to power the future all-electric Porsche Macan. We're talking about a state-of-the-art electric motor and a lithium-ion high voltage battery that's all Porsche. And the best part? You can charge this baby at DC fast-charging stations, just like your electric car. Imagine docking at a marina and plugging in your boat alongside electric cars. That's some futuristic stuff right there!But it's not just about what's under the hood. The design, oh boy, the design! Studio F.A. Porsche has waved its magic wand over the helmstand, giving it that sleek, sophisticated look that Porsche is famous for. And the interior? Pure luxury. It's like sitting in a high-end sports car, but with the added bonus of the ocean breeze in your hair.Now, let's talk numbers. This isn't just a pretty face; it's got the muscle too. The 850 Fantom Air boasts a top speed of 85 km/h (that's about 46 knots for the nautical folks). And with a range of around 45 km at cruising speed, it's perfect for those blissful days exploring bays and harbors.But here's the real kicker – Porsche isn't new to this game. Way back in 1959, they dabbled in boat engines, so this isn't just a car company making a boat. It's a legendary brand returning to its nautical roots, and they're doing it in style.Set to launch in 2024, the Frauscher x Porsche 850 Fantom Air is not just a boat; it's a statement. It's about embracing the future, where sustainability and luxury go hand in hand. So, for those who've always dreamed of owning a Porsche but love the sea more than the streets, your dream boat is almost here.And for the rest of us? Well, we can dream, can't we? Maybe one day we'll be lucky enough to take this electric dream for a spin on the high seas. Until then, let's just admire this beautiful fusion of technology and luxury, where Porsche meets the ocean.


ikigAI Labs XYZ Investment Thesis

At ikigAI Labs XYZ, our journey in the crypto-verse is guided by a clear and forward-thinking vision. Our CEO, a maestro in blending technology with artistry, has charted a course that navigates the complex waters of Web3 technologies. Our mission is to invest in and nurture decentralized information networks, powered by tokens that appreciate in value as user demand escalates. This is not just investment; it's a commitment to a future where technology serves as a canvas for innovation and growth.Selecting the StarsOur investment thesis is anchored in identifying and nurturing decentralized networks. We look beyond traditional equity-based business models, focusing on projects where tokens are not mere fundraising tools but integral to the network's functionality and growth. Our approach is founder-focused, believing that strong relationships with core development teams are crucial. We become partners, immersing ourselves in their communities, and contributing to protocol design, cryptoeconomics, strategy, and governance.The Art of Technology and GovernanceIn our quest, technology is a critical ally. We prioritize projects with robust infrastructure and innovative consensus algorithms. However, we recognize that the true defensibility in these networks lies not in the code, but in governance and community engagement. We seek founders who demonstrate exceptional leadership and community management skills, as these are pivotal in navigating the open-source nature of cryptonetworks and ensuring long-term success.The Alchemy of CryptoeconomicsOur analysis delves deep into the cryptoeconomics of potential investments. We scrutinize token creation, distribution, and policies governing their behavior. Like a meticulous alchemist, we study how these elements interact, assessing the fundamental drivers of value and potential economic pitfalls. This rigorous evaluation informs our decisions on scaling our positions throughout the lifecycle of the investment.The Lifecycle of InvestmentFrom the whitepaper stage to public trading, we closely collaborate with developer teams, becoming integral parts of the network. This involvement offers us insights into user versus speculator dynamics and the network's utility value, guiding our decisions on portfolio adjustments.Valuation and Value CreationIn this new asset class, we apply classic macroeconomic models to understand and predict token value. We recognize that tokens are akin to national currencies, their value reflecting the network's overall activity. Our investment decisions are based on a deep understanding of these dynamics, ensuring we are not just investors but value creators in the cryptosphere.The ikigAI Labs XYZ LegacyOur journey at ikigAI Labs XYZ is more than a series of investments. It's a commitment to a future where decentralized networks redefine the intersection of technology and community. We stand as business angels and investors through this evolving landscape, driven by a vision that melds technology, art, and strategic investment to create lasting value in the world of crypto.


Scalability Challenges

Scalability has emerged as a pivotal challenge to handle a growing volume of transactions and data efficiently. Ethereum has faced significant scalability challenges that primarily manifest in network congestion. During periods of high demand, users experience slower transaction processing times and are required to pay higher gas fees to prioritize their transactions. This not only degrades the user experience but also limits the practical utility of the Ethereum network for high-volume applications. It poses a substantial barrier to the broader adoption of blockchain technology. For sectors that rely on high transaction volumes, such as DeFi and NFT marketplaces, scalability is not just a feature but a necessity.This backdrop sets the stage for the emergence and necessity of Layer 2 (L2) solutions. L2 solutions are designed to operate on top of existing blockchain networks, like Ethereum, to enhance their scalability. By handling transactions off the main chain and subsequently settling them on the main chain, these solutions aim to alleviate congestion, reduce transaction fees, and improve processing times, all while leveraging the underlying security of the main blockchain.Among the various L2 solutions, platforms like Optimism, Arbitrum, and Polygon have proposed unique approaches to scalability. Each offers a different mechanism for off-chain transaction processing, with the shared goal of enhancing the overall efficiency of the Ethereum network. Solutions like Eclipse and Polaris X Rollkit are pushing the boundaries further, aiming to leverage the strengths of each for improved scalability and interoperability.Rollup leveraging Solana low fees and Parallel execution, Cosmos IBC Composability, and Ethereum Security.Eclipse: A Hybrid ApproachEclipse represents a groundbreaking approach in the L2 landscape. It uniquely integrates features from Solana, Cosmos, and Ethereum, each contributing a vital component to its architecture. By leveraging Solana's low fees and parallel execution capabilities, Eclipse addresses one of the most significant pain points in blockchain transactions - cost and speed. Parallel execution, in particular, offers a pathway to handle a higher volume of transactions simultaneously, a critical factor in scalability.The incorporation of Cosmos' Inter-Blockchain Communication (IBC) protocol brings in the element of composability, allowing Eclipse to facilitate seamless interactions between different blockchain networks. This feature is crucial in creating a more interconnected and efficient blockchain ecosystem.Ethereum's robust security model underpins Eclipse, ensuring that while scalability and interoperability are enhanced, the network remains secure and resilient against attacks. This triad of features positions Eclipse as a versatile and powerful L2 solution, capable of addressing the multifaceted challenges of blockchain scalability.Introducing Eclipse Mainnet: The Ethereum SVM L2TL;DR: We’re excited to finally announce the architecture for Eclipse Mainnet: Ethereum’s fastest L2, powered by the SVM.Furthermore, Eclipse's integration with Modular Cloud for indexing new chains, including EVM and SVM data, showcases its commitment to versatility and accessibility. The block explorer and API functionalities provided by Eclipse offer developers and users alike comprehensive tools to interact with and leverage the blockchain data effectively.Eclipse integrates with Modular Cloud by indexing new chains, including EVM & SVM data, for their block explorer. The explorer is a web interface built on their cloud platform, and they offer APIs for accessing data, including token & NFT transfers.Polaris X Rollkit on CelestiaPolaris X Rollkit introduces an innovative approach to scalability by running on Celestia, a modular blockchain framework. This setup allows Polaris X Rollkit to leverage Celestia's strengths in data availability and consensus mechanisms, focusing on scalability and flexibility.The 'ooga booga' smart contract portal, a feature of Polaris X Rollkit, stands out as a testament to the platform's commitment to innovation. This portal offers a testing ground and a launchpad for novel smart contract applications, potentially accelerating the development and deployment of scalable blockchain solutions. It represents a step forward in simplifying and streamlining the process of smart contract deployment, a critical factor in fostering a vibrant and dynamic blockchain ecosystem.Polaris EVM and Rollkit | RollkitThe open modular framework for sovereign rollups.RollkitRevised Cost AnalysisThe ApeCoin proposal by @0xPolygonLabs provides a valuable benchmark for estimating the financial requirements of deploying a Layer 2 (L2) solution, particularly in the context of a fine art and photography marketplace. This case study can guide ikigAI Labs XYZ in understanding the potential costs and funding needed to develop a similar L2 platform.The ApeCoin proposal outlines an annual cost of approximately $200,000 for deployment and maintenance of an ApeChain L2. For a fine art and photography marketplace, this cost can serve as a baseline. Additional costs will include customization for handling high-resolution images, secure transactions of high-value assets, and integration with existing systems.Revenue StreamsSimilar to the ApeCoin model, revenue for the fine art and photography L2 marketplace could come from transaction fees (gas fees) and potentially from validator fees if the platform uses a consensus mechanism that rewards validators. The fee structure would need to be carefully balanced to ensure affordability for users while sustaining the operational costs of the platform.Already Too Many L2sThe burgeoning array of L2 platforms is not a sign of excess but rather an embodiment of Ethereum's "App Store moment" - a pivotal phase where innovation, diversity, and free-market dynamics converge to shape the future of Ethereum's blockchain infrastructure. Much like the diverse array of applications in an App Store, each L2 network brings its unique vision and technical approach to enhancing Ethereum. The criticism of having "too many" L2s misses the point that this is a natural and healthy manifestation of a free market at work. In this competitive landscape, the best solutions are likely to rise to the top, while less effective ones will naturally fall away. This process is not just about survival but evolution - where successful ideas and technologies can eventually integrate into Ethereum's base layer, continuously refining and strengthening the overall blockchain ecosystem. It's a period of experimentation and discovery that holds the promise of finding the most efficient, secure, and user-friendly ways to scale Ethereum.CostpriceHere is what rollups spent on posting data to Ethereum in November 2023.1. Arbitrum - $4.4M2. Linea - $3.7M3. Optimism - $2.508M4. zkSync Era - $2.506M5. Scroll - $1.43M6. Base - $1.34M7. Polygon zkEVM - $678k8. Starknet - $500k9. Zora - $211k10. Aevo - $109k11. Orderly - $101.2k12. zkSync Lite - $101k13. Public Goods Network - $95k14. Mode - $31k15. Lyra - $17kThe rollups we have revenue data for made more than enough to cover their costs. Their gas fee systems are designed to cover the L1 cost + add a premium. In November, revenue from gas fees was:  Arbitrum - $5.94M zkSync Era - $5.48M Optimism - $3.09M Base - $1.6M


reimagining the NFT marketplace

In the ever-evolving world of NFTs, collectors and traders are constantly seeking platforms that not only enhance their trading experience but also safeguard their interests in a market known for its volatility and complexity. Amidst this backdrop, Memswap emerges as a beacon of innovation, promising a paradigm shift in how we approach NFT trading.The allure of non-fungible tokens (NFTs) has captivated a diverse audience, ranging from digital art enthusiasts to serious investors looking to capitalize on this unique asset class. However, as the market expands, it faces growing pains: transaction inefficiencies, privacy concerns, and the often opaque nature of pricing and execution strategies. These challenges have not only dampened the user experience but also raised questions about the sustainability and inclusivity of the NFT ecosystem.Enter Memswap, a groundbreaking protocol designed for a post-MEV (Miner Extractable Value) world, where the focus shifts from extracting value from users to maximizing value for them. This new player in the field stands out with its promise of best-in-class price execution, minimal centralization, rapid transaction processing, privacy-preserving features, and an unprecedented level of market composability. For NFT collectors, these are not just incremental improvements; they represent a leap towards a more equitable and efficient trading environment.As we delve deeper into the mechanics and implications of Memswap, it becomes clear that this is not just another trading platform. It's a reimagining of the NFT marketplace, where the needs and concerns of collectors are not just heard but actively addressed. In this editorial, we will explore how Memswap is setting new standards in NFT trading and why it could be the game-changer that collectors and traders have been waiting for.Memswap: A New Era for NFT Trading and BeyondBenefits for Memswap Originators (Apps/Wallets)Simple Integration UX: At the heart of Memswap's appeal for application developers and wallet providers is its user-friendly integration process. This simplicity is not just a matter of convenience; it's a catalyst for widespread adoption, enabling a diverse range of platforms to easily tap into Memswap's capabilities. By lowering the barrier to entry, Memswap paves the way for a richer, more interconnected NFT ecosystem.Open-source, Hostable Matchmaker Infrastructure: In a landscape where dependence on third-party services often translates to compromised efficiency and increased costs, Memswap's open-source, hostable matchmaker infrastructure stands out. This approach empowers originators with greater control and autonomy, ensuring that their reliance on external entities is minimized, if not entirely eliminated. This level of independence is crucial for maintaining a robust and resilient trading environment.Flexible Originator Fees: The flexibility in setting up fee structures is another cornerstone of Memswap's design. Whether it's a percentage-based model or a more innovative approach like a percentage of surplus fees, this flexibility allows originators to tailor their revenue models to fit their unique needs and market dynamics. Such versatility is not just beneficial; it's essential in a market as diverse and dynamic as NFT trading.Core Contributions of MemswapMempool Order Distribution: Memswap's innovative use of the Ethereum mempool for order distribution, through a mechanism known as intentful transactions, marks a significant advancement in order execution. This approach, which allows for the option of centralized orderbooks, provides users with an improved trading experience. It's a testament to Memswap's commitment to balancing decentralization with practical efficiency.Order Flow Auctions (OFAs): The platform's open and modular design supports various order flow auction designs, including matchmaker (last block) auctions and builder auctions. This flexibility enables applications to either run their own matchmakers or collaborate with reputable actors, further enhancing the platform's versatility and appeal.High Signal Privacy: In the realm of high signal intents, privacy is paramount. Memswap addresses this through MEV-share’s “programmable privacy” feature, allowing for partial order concealment. Additionally, the option for complete privacy through direct routing to solvers is a game-changer, offering users the discretion they often seek in high-stakes trading scenarios.NFT Composability: One of Memswap's most groundbreaking contributions is in the realm of NFT composability. By addressing the fragmentation and restrictions in NFT liquidity, Memswap unlocks new possibilities for trading and collecting. This shift in complexity to professional solvers is a significant leap forward, enabling a level of fluidity and creativity in NFT trading that was previously unattainable.ConclusionAs we look towards the future of NFT trading, it's clear that Memswap is not just a new player in the market; it's a harbinger of a new era. With its innovative approach to order execution, privacy, and market composability, Memswap is poised to redefine the NFT landscape. Memswap adeptly navigates the market's complexities, offering advanced trading features like cross-marketplace sweeping, purchase currency flexibility, slippage tolerance, gasless transactions, royalty normalization, and taker fees. Its innovative approach overcomes restrictions imposed by certain marketplaces and NFT standards, retaining composability through bundles of transactions sent from a solver's EOA.MemswapA Decentralized “Intents-based” Protocol for Efficient and Transparent Token Swaps Leveraging the Ethereum MempoolTake note: MemSwap is currently in Alpha. Contracts are currently unaudited.Peter (Reservoir) is Rethinking Account Abstraction in a Multi-Chain World. 👀In the context of our discussion on Memswap and the broader NFT market, it's pertinent to address a parallel development in blockchain technology: the evolution of account models, particularly in a multi-chain environment.Smart contract wallets, while innovative, face significant challenges in multi-chain scenarios. The primary issue lies in the need to synchronize state and configuration across multiple chains, a process that can quickly become complex and unwieldy.The emerging solution lies in making EOAs programmable via Multi-Party Computation (MPC). Although more technically challenging and still in development, MPC offers many of the same features as smart contract wallets, such as device/session keys, permissioning, and account recovery. Crucially, it achieves this with seamless cross-chain functionality.Some notable solutions in this space include:Lit Protocol: PKPs as WalletCapsule: Capsule DocumentationThe convenience of using the same wallet seamlessly across all chains is likely to outweigh the benefits of a modular smart wallet for many users. MPC offers a balance of "good enough" programmability and best-in-class compatibility, reinforcing the enduring relevance of EOAs in the blockchain ecosystem.Matchmaker V2An EVM protocol for trading tokens and NFTs using decentralized market orders


Need a slice of the pizza?

GM, Earthlings and Digital Nomads alike! Welcome to ikigAI Labs, where we're not just riding the crypto wave – we're doing backflips on it. In our universe, crypto, DAOs, degen, and NFTs aren't just buzzwords; they're our breakfast, lunch, and dinner. But hey, even digital pioneers need a slice of the real world. That's why we're hedging our bets with a sprinkle of RWAs – think IP, Equity, Art, and Real Estate. Because who doesn't like a little extra flavor in their investment pizza?Now, let's talk about our blockchain baby, the Delaware C. This isn't your grandma's investment strategy. It's a sleek, tokenized equity machine, running on blockchain rails with a shiny "invest" button. Meet $VIBES – not just a token, but your ticket to the cool kids' table. Think of it as your golden pass to a world where fine art and luxury real estate meet digital finance.What if no one clicks that button? No sweat. We're cool as a cucumber in a blockchain fridge. But if you do, oh boy, are you in for a treat! More assets, more fun, and a slice of the pizza for anyone looking to diversify their crypto-loaded portfolio with something a bit more... grounded.We are currently working on the V3. Here's a little sneak preview. We're testing in production, however, do NOT use it yet!But wait, there's more! Investing in ikigAI because of our NFT marketplace? Hold your horses. We're not here to play the billion-dollar marketplace game. Our marketplace is like that indie band you love – not mainstream, but oh-so-cool. It's all about the UX, baby, especially for our collectors cruising through our 420 (no pun intended) curated collections. Want to list with us? Great, we're a zero-fee paradise. Just don't expect to break the sales volume meter. We're cool like that.And because we're all about sharing the love, we've embraced RT. List on ikigAI and the big-league marketplaces at the same time. Why put all your eggs in one basket when you can have the whole chicken farm?The V2 MVP of the NFT Marketplace aggregator. You can view curated collections & the top 500 Art Blocks Collections.Ikigai Labs XYZ | Open Source NFT MarketplaceIkigai Labs XYZ is an open source NFT marketplace built with Reservoir.Open Source NFT MarketplaceikigAI Labs XYZ – where the future of finance meets a dash of real-world savvy.


IX Swap: Bridging DeFi and TradFi

IX Swap presents a unique proposition in the intersection of decentralized finance (DeFi) and traditional finance (TradFi), offering potential investors a blend of innovation, regulatory compliance, and market expansion. Here's a detailed investment thesis:Bridging DeFi and CeFi: IX Swap stands as a next-generation platform that uniquely blends DeFi services with CeFi regulatory compliance. This hybrid model aims to democratize access to traditional financial markets while leveraging blockchain-based solutions. By facilitating the issuance, listing, and trading of security tokens and fractionalized NFTs, IX Swap addresses a significant gap in the market, providing a compliant bridge between traditional finance and blockchain innovations.Hybrid Exchange Platform with AMM Functions: The platform operates as a hybrid exchange, offering liquidity pools and automated market-making functions specifically for regulated digital securities like security tokens (STOs). This approach is designed to streamline the trading of digital securities through licensed broker-dealers and custodians, ensuring compliance across jurisdictions.IXS Token Utility and Economics: IXS, the native token of IX Swap, plays a multifaceted role within the platform. It not only functions as the primary currency but also rewards IXS liquidity providers with a share of the swap fees generated by the pools. The token has a maximum supply of 180 million and is designed with deflationary economics to increase its value over time. This deflationary aspect is achieved through a portion of the fees being used to buy back and burn IXS tokens, thereby reducing the available supply and potentially increasing the token's value.Deflationary Tokenomics: IX Swap's deflationary tokenomics contrasts with traditional systems that are susceptible to currency devaluation through quantitative easing. This approach is intended to increase the value of IXS over time, especially as the platform usage grows. The use of Moon and Solar Vaults for buying back and burning tokens further strengthens this deflationary model.Token Accessibility and Ecosystem Integration: IXS tokens are listed in multiple venues, including both centralized and decentralized exchanges. Investors have the option to purchase the standard IXS token or its polygon wrapped version, WIXS, which is integrated within the IX Swap ecosystem. This accessibility across different platforms enhances its potential for wider adoption and liquidity.In summary, IX Swap’s innovative approach to combining the benefits of DeFi with the regulatory compliance of CeFi, along with its unique tokenomics, positions it as a potential game-changer in the digital asset trading space. For investors interested in the intersection of blockchain technology with traditional financial market structures, IX Swap offers a compelling opportunity, albeit with the usual risks associated with emerging technologies and digital asset markets.


Sei Network solves critical challenges

Investment Thesis for Sei Network by ChatGPT based on the docs:Sei Network represents a significant advancement in blockchain technology, particularly in the digital asset exchange domain. Here's an investment thesis considering its unique features, technological innovations, and market potential:Fastest Layer 1 Blockchain with Specialization in Trading: Sei is designed as the fastest Layer 1 blockchain, optimized for the exchange of digital assets. Its specialization in trading addresses the scalability challenges faced by exchanges, offering high throughput and low latency without compromising decentralization.Innovative Twin-Turbo Consensus Mechanism: The Twin Turbo consensus mechanism at Sei's core uses intelligent block propagation and optimistic block processing, significantly reducing the time and resources required for block propagation. This mechanism ensures efficient transaction distribution across the network, improving the overall latency of transactions.Parallelization for High Throughput: Sei employs parallelization within the Cosmos SDK framework to enhance blockchain throughput, crucial for high-frequency trading applications. This approach allows for efficient processing of transactions, especially in the context of independent central limit order book (CLOB) related orders.Native Price Oracles and Order Matching Engine: Sei introduces native price oracles to ensure accurate and reliable asset exchange rates, enhancing trust in the system. Its native order matching engine, an innovation in DeFi specific networks, provides a more capital-efficient way to trade assets, reducing vulnerabilities associated with automated market makers (AMMs) and impermanent loss (IL).Frequent Batch Auctioning for Front-Running Prevention: The platform implements Frequent Batch Auctioning (FBA) to prevent front-running in market orders, ensuring fairness and efficiency in the trading process. This mechanism is critical in maintaining the integrity of trades on the network.Strong Transactional Capability and User Engagement: Sei has shown impressive growth, processing over 400.2 million transactions with a significant number of daily active users and total wallets. These metrics indicate robust user engagement and the network's capacity to handle substantial transaction volumes.Experienced Founding Team: Founded by Jeff Feng and Jayendra Jog, Sei Labs brings together a blend of investment and development expertise. Their vision and experience are key drivers in Sei's development, focusing on creating a blockchain tailored for trading.Sector-Specific Blockchain with Wide Application Potential: As the first sector-specific blockchain with high throughput and fast transaction speeds, Sei is positioned to transform the digital asset trading sector. Its capabilities make it suitable for a range of trading applications, including DeFi DEXs, NFT marketplaces, and gaming DEXs. This versatility and efficiency suggest the potential for more groundbreaking financial innovations in the future.In conclusion, Sei Network's technological innovations, high performance, and specialized focus on digital asset exchange make it a compelling option for investment in the blockchain space. Its ability to solve critical challenges in decentralized trading positions it as a potentially transformative player in the digital economy.