Today was a relaxing day. Greyson had a workshop in the morning so we didn’t have a morning meeting. I spent the morning listening to a Gary Vaynerchuk podcast for two hours about the evolving crypto world. On his podcast he brought in many influential people, such as Mark Cuban, to discuss how the world could change with cryptocurrency in the future. Mark Cuban talked about creating a digital NFT package that people could buy if they came to the game and creating a new more efficient way for tickets.
In the afternoon we had a quick meeting just to touch base about what new topics we were gonna tackled. Mine was Decentralized Finance (Defi) and stable coins. Defi is basically finance without people. It removes the middlemen and is solely the customer and technology that runs the finance. Stablecoins are coins that refer to Fiat currency (government-issued currency) for their value. They were created because Cryptocurrency’s value increases and decreases constantly. Stablecoins do not.