Mind Matters Natural and Artificial Intelligence News and Analysis

TagHelium blockchain

web-30-abstract-sign-with-blockchain-3d-illustration-stockpack-adobe-stock
WEB 3.0 abstract sign with blockchain 3d illustration

Why Didn’t Decentralized Organizations Work in the Crypto World?

DAOs broke down when people tried to make them interact with the outside world

Here’s the second part of Episode 3 of the discussion between computer engineering prof Robert J. Marks and computer engineering grad students Adam Goad and Austin Egber on the wild new online world. They’ve been talking about non-fungible tokens (NFTs), and what sort of NFTs survived the crypto crater: Now, in the second part of “The NFT Anti-bubble” (August 18, 2022), they look at what happened to the decentralized autonomous organizations (DAOs) that grew up along with crypto and NFTs: https://mindmatters.ai/wp-content/uploads/sites/2/2022/08/Mind-Matters-200-Adam-Goad-Austin-Egbert.mp3 A partial transcript, notes, and Additional Resources follow. Austin Egbert: Could you give an example of what one of these DAOs was maybe trying to do? What service were they providing? Or what was their business output, so to…

oil-drop-on-water-with-illuminated-background-stockpack-unsplash
Oil drop on water with illuminated background

The NFT Anti-Bubble

When new technology is introduced, there is often a buildup of incredible hype. But eventually, people are going to recognize the limitations of the new technology and it can become irrelevant. Where are NFTs on this “hype curve” and will they continue to exist? Adam Goad, Dr. Austin Egbert, and Dr. Robert J. Marks discuss non-fungible tokens, the economy, and…