Day 7 (I couldn’t think of a good title)

Today we started our final product. We decided on creating a presentation that has all of our knowledge and presenting it to Greyson tomorrow. Since we weren’t finding any new information, our morning meeting was brief. Jack, Sarah, Sebastian, and I decided on what slides each of us would be making, and then we and worked. I created the slides for NFTs and the cryptocurrency ecosystem. In the afternoon we met again and showed Greyson our progress and he gave us tips on how to better our slides.

New Stuff Day 6

We started the second week off by deciding on our new topics that we were gonna tackle this week. Greyson divided us into two groups where Jack and Sebastian focused on smart contracts, and Sarah and I focused on VR systems. We spent the rest of the morning researching the new surge in sales of the systems and the factors to why that happened. Due to Covid, The practical use of VR has dramatically changed. Before it was primarily gaming but now it is being used for vacations, education, and training.

Oculus Go 32GB VR Headset for sale online | eBay

Team Bonding-Day 5

For the end of the week, we decided to change things up. Greyson had told us we had ” Team Bonding” on Fridays, but he meant we would just be playing video games. We decided on playing Valorant, a 5v5 First-person shooter game, and we had a blast. I was the only one that had played this game before, so it was fun to watch the rest of my team figure the game out. We lost a lot but we still had a great time.

 

Chill time Day 4

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.

GaryVee - YouTubeHow stable are the top stablecoins? A quantitative analysis | by Wes Levitt  | Coinmonks | Medium

Something new – Day 3

In the morning, we started off by, per usual, presenting the findings of our topics from the day before. Greyson helped our discussions by asking questions that would spark new discoveries and further our knowledge. I believe I am now proficient in crypto wallets and NFts. Our work for today consisted of creating a slide deck that has all of our findings on it and getting in a meeting to discuss what we plan to add to our findings in the coming days.

When we joined back with Greyson, we discussed possible innovations that could arise from crypto. He believes that, specifically for Lenovo, when a customer purchases a product they will receive a digital asset as well. This would make customer service easier since Lenovo would be able to track what model you bought, when you bought it, and if others that also bought it are experiencing the same issues. This could be said for other aspects of life too. Instead of carrying around your wallet, you could just have a “key” (USB thing) that has all of your information that you can pay with.

what our table of content looks like

Day 2 Lenovo

We started the second day by presenting our findings from the previous day. My topic was about cryptocurrency wallets and how they are used in the internet world. Crypto wallets are basically just the place for you to access your currency and do transactions. After everyone finished presenting, Greyson assigned us new “deeper” topics that would deeper our knowledge of our particular topic. The rest of the day was asynchronous since Greyson had to attend a summit at Lenovo.

For my deeper topics, I started to look into the different types of wallets. I found that there were two types and that there were two more types in each of those types. Sorry if that was confusing but this is a confusing topic. The two broad types are custodial and non-custodial. Custodial wallets are 3rd party sources that hold your account so you don’t have to be responsible with your cryptocurrency. If you lose your password in Custodial wallets you can just reset it. Non-Custodial, as you may guess, is when you are responsible for your crypto and if you lose your password you lose everything since you can’t reset it. In both non and custodial there are hot and cold wallets. Hot wallets need to be connected to the internet in order for transactions to process and to access the crypto (ex. websites and apps used). Cold wallets don’t need access to the internet and are physical items that you carry around (ex. USB with crypto on it).

Lenovo Day 1

We started the day off with a general meeting about Lenovo as a whole. Greyson Davis, our host, is the software manager of the gaming division at Lenovo and he described the changes that occurred from in-person to going virtual. When we finished the discussion we moved onto researching NFTs (Non-fungible tokens). NFTs are images, videos, and other digital files bought and sold using cryptocurrency (NBA top shot). After we presented our research and moved on to discussing the general crypto market. Our goal for these 2 weeks is to become experts in crypto transactions and everything that happens during them.

An NFT of a kitten that was bought for 170,000

Another NFT that was sold for 20,000

Skip to toolbar