This space is hosted by Legion_Ventures
Space Summary
The Investments Twitter space explored key themes like community-driven VCs, innovation during market challenges, and strategizing through market downturns. The discussions underlined the importance of launching products, aligning token utility for long-term success, and providing exclusive opportunities to community members. Overall, the space highlighted the dynamic landscape of investments and the resilience necessary to navigate volatile market conditions.
Questions
Q: We can hear you now.
A: I think we have a few people that are still joining, so I usually like to start these with a quick round of introductions.
Q: Or I can.
A: So would you like to go first?
Q: Awesome.
A: Voi network.
Q: Yes, we can.
A: Hello, everybody.
Q: That’s great.
A: Thank you so much for waking up early.
Q: I feel like I’ve been talking to myself for the last minute.
A: Boy, I’m the east coast on 4 July and excited to be here.
Q: Oh, you were?
A: Happy 4 July.
Q: I just started meeting him.
A: My name is Chris Winter and I am one of the co-founders of Void Network.
Q: Hear you.
A: I personally have had a long run of being in crypto.
Q: Okay.
A: I started collecting crypto in 2013, but I’ve been running companies full-time in crypto since early 2017.
Highlights
Time: 00:07:34
Choosing the Right VC Importance, Discussion on the crucial role of selecting the right VC partner.
Time: 00:14:06
Market Challenges and Launch Delays, Insights into projects delaying launches due to current market conditions.
Time: 00:18:20
Crowdfunding vs. VC Funding Debate, Debate on the advantages of crowdfunding from the public versus traditional VC funding.
Time: 00:30:41
Importance of Long-term Market View, Advice on the significance of maintaining a long-term perspective in market decisions.
Time: 00:36:00
Real-World Asset Tokenization Trend, Growing interest in tokenizing real-world assets such as real estate.
Time: 00:38:16
Passion and Resilience in Founders, Summary of the critical role of passion and resilience in a founder’s journey.
Time: 00:45:32
Innovation during Downturns, Emphasis on how economic downturns can spark notable innovations and transformations.
Key Takeaways
- Discussion stressed the importance of product launches regardless of market conditions.
- Connecting token utility to product releases for sustained success.
- Explanation of a community-based VC model.
- Opportunities for community members in exclusive projects were discussed.
- Emphasis on innovation and adaptation during challenging market situations.
- Significance of maintaining focus on strategies during market downturns.
Behind the Mic
[ “Hello, everyone. Thanks for joining the Taraxa Monthly Development Update.”, “Mihai has a brief update on some aspects that are basically mostly in the interest of the people that are developing on top of the APIs that we are currently offering.”, “First thing, we’re quite happy that we managed to join Forta.”, “Congratulations to our Forta integration team and basically to all the people working on the APIs.”, “The rank on Forta is actually quite nice. We rank among others in a very good place.”, “There are some things that we need to work on, that we improve, like our latest security incident. We decided to take the tiger by the tail and we increased our security standards and procedures a lot.”, “We are deploying on renewed procedures. These involve deployment on the development branch, deployment on the QA branch, deployment on the staging branch.”, “The issue that we have is that basically most transactions were ranked by the time it takes for them to be included in blocks.”, “That’s not necessarily correct because actually most nodes receiving transactions propagate them further. Their ranking systems should take into account also this propagation metric. So we’re still working on it.”, “Our newly integrated DevOps team is really working on this.”, “Okay, this is mostly from my side.”, “Mihai, if you’re ready, please take over.”, “Thank you.”, “Okay, thanks a lot, Eugene.”, “Hi, everyone. For those of you who don’t know me, my name is Mihai. I’m a researcher at Taraxa, and I’m also the project manager for the Taraxa network.”, “Yeah, thanks a lot for the update, Eugene.”, “I’ll continue a bit with this basically the development part, and for those of you who are not aware, we have two main aspects of our development.”, “The mainnet is currently up and running. It has been since March this year, and there are certain applications that are currently being developed. However, there is no functionality deployed on mainnet as of now.”, “There are multiple ways for you to get involved with projects on Taraxa. So we have our Hackathon that we launched last year, and we have the grant program.”, “By the way, bridge is on time.”, “Hackathon’s going great.”, “We’re moving to the judging phase.”, “Aspen was activated last month.”, “Everything going smoothly.”, “It also caps the overall tariff supply to 12 billion, and it made staking yields a lot more fair.”, “And please be on the lookout for Echo, our decentralized infrastructure for AI agents.”, “So you’re going to be hearing a lot more of that coming, all right?”, “So thank you very much.”, “And in the future, every second Tuesday of each month, we’re going to be doing these verbal updates through spaces and submit your questions ahead of time so that we can get it covered.”, “Thank you very much for listening on this April development update for Taraxa.”, “Bye.” ]
