In this week’s pocast episode we interview Ameen Soleimani, one of the most prolific builders in Ethereum. He’s the CEO of SpankChain, a blockchain-based adult entertainment platform, the co-creator of MolochDAO, a DAO to fund Ethereum projects, and the co-founder of Reflexer Labs, which created RAI, a purely ether-backed stablecoin.
We talk about the need of a purely ETH-backed stablecoin, and how RAI is so cypherpunk it’s not only not backed by fiat, but it’s also not pegged to the dollar, it’s only pegged to itself, and stabilized by its own algorithm. It’s a pretty radical experiment and Ameen has very high hopes for it: The goal is for Rai to become a global reserve currency.
We also catch up on Spankchain, which is now a crypto payments company. It’s interesting that the project was very early in the scaling game—it was launched in 2017 using state channels— but Ameen explains why he’s not using Layer 2 anymore, and it comes down to user experience.
Ameen also talks about why he’s now posting his own porin videos; he says it’s about breaking down stigmas and making the statement that sex is normal, sex videos are a form of expression, and that sex work should be decriminalized.
We also talk about why so much of his work gravitates toward religious elements —calling Rai the MonayGod, for example— and he opens up about how it may be a reaction from growing up in a very strict, religious household. To him Etheruem isn’t just about building cool, decentralized stuff, it’s also been a way for him to redefine what “God” is.
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https://www.youtube.com/watch?v=NOeHFXqq250
Alex Masmej is the founder of Drakula, a short form video content platform on Base that uses $DEGEN as its currency to reward creators and users. Nearly four years ago, we welcomed Alex on The Defiant. Today, we reconnect to explore the journey and developments Alex has embarked upon since relocating to San Francisco. In this episode, we dive deep into his latest project, Drakula.
0:00 Time's Up For TikTok
0:29 The Orb
4:43 Catching Up With Alex
8:43 Why SF?
15:02 $ALEX
17:22 Showtime
22:09 Why Drakula?
27:39 Getting Started With Drakula
30:53 Decreasing Speculation
32:51 Drakula Stats
36:29 Why $DEGEN?
39:32 BLOOD
41:52 Video Format
42:37 Gaming The System
43:57 What's Next?
46:20 1 Billion Users
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https://www.youtube.com/watch?v=PWOenFSp29k
Ethan Buchman is co-founder of Cosmos, vice president of Interchain Foundation and CEO of Informal Systems. Cosmos is an ecosystem of Interoperable blockchain which include terra, osmosis and crypto.org. He is heading one of the most value locked after ethereum. But how does this ecosystem work what was Ethan’s background before coming into the space?
Timestamps:
0:00:00 Section 1 Intro
0:00:27 Ethans background
0:03:32 How did Ethan connect with crypto?
0:06:25 Transitioning from Proof of Work
0:08:09 Is Bitcoin still a big part of the ecosystem?
0:09:32 Sponsor
0:10:00 Section 2 Cosmos
0:13:58 Cosmos vs Tendermint, whats the difference?
0:16:33 Is Cosmos a standalone programme or a network?
0:21:53 Sponsor
0:22:32 Chains connected to IBC, what can they do?
0:26:08 How much flexibility is available through IBC?
0:27:47 What are the validators of Osmosis? Is it secure?
0:30:07 Is Osmosis susceptible to attack?
0:33:09 Sponsor
0:33:57 Section 3 Does flexibility mean less security?
0:41:03 What is Cosmos Hub?
0:47:47 Sponsor
0:48:39 Section 4 The Atom token & long term vision
0:51:49 What is governance look like?
0:54:16 Key lessons thus far
0:56:31 Future milestones
0:58:20 Where does Cosmos fit in the space?
1:04:34 How is Ethan defiant?
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https://www.youtube.com/watch?v=nwsxuGaaydU
Liquidity providing isn't as straightforward as you might think. When becoming an LP, you're asked to provide both of the coins the pool represents. This can become costly for many, although there is a nifty trick we demonstrate in this video that bypasses that hurdle.
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Links
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...
https://www.youtube.com/watch?v=sRIHWFyfOKA