The Control - Issue #37
A number of building blocks must be in place before cryptocurrency applications begin to impact users at scale. While it may be early for app-layer products at scale, here are five categories of products and specific product ideas within those categories that we’re especially excited about:
Crypto finance
Crypto goods
Work marketplaces
Prediction markets
Identity
More details in 1confirmation Request for Crypto Products.
Required reading this week
Vitalik Buterin on Cryptoeconomics and Markets in Everything (Ep. 45) — medium.com
Vitalik and Tyler Cowen talk about cryptoeconomics and the underrated cultural innovation associated with cryptocurrencies.
Augur Betting Volumes Just Topped $1 Million (And They're Accelerating) — www.coindesk.com
The prediction market platform Augur successfully launched this month and early usage is accelerating.
Ethereum Developer Tools List — github.com
ConsenSys put together a guide on available tools, components, patterns, and platforms for developing on Ethereum.
Do Not Design for Speculators — www.tonysheng.com
Tony Sheng explains how can we better design our systems to maximize efficiency rather than pander to speculators.
How Many Cryptocurrencies Are Simply Following the Market? — hackernoon.com
Anthony Xie researched historical data of cryptocurrencies to determine:
Are all cryptocurrencies correlated with the market?
Are there any coins that are resistant to large market movements?
Demystifying “Snowflake to Avalanche”
Mohammed ElSeidy explains in layman terms Professor Emin Gün Sirer's latest research on Avalanche, a new consensus protocol.
1confirmation portfolio reading this week
Tradeshift and MakerDAO Leverage Blockchain to Democratize Access to Financing — medium.com
Tradeshift and MakerDAO announced an interesting partnership that could lead to more real-world usage of stablecoins.
Sell your crypto collectibles without paying gas! — medium.com
OpenSea continues to add features that improve the experience for buyers and sellers of crypto collectibles.
Basis Welcomes John Taylor, Pioneer of Rules-Based Monetary Policy, as Advisor — medium.com
Basis continues to attract great people to the project and is gearing to launch a product sometime later this year.