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Showing posts from September, 2021

Rarity - my awakening to Defi gaming

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For those of you who are new to Defi gaming, perhaps you will get a better idea after reading this post or trying it out personally on one of the blockchains. I have also appended some related articles at the end for your reading pleasure. The ancestor blockchain of Defi gaming is of course Ethereum, where smart contracts gave birth to a myriad of popular games like Cryptokitties, Aavegotchi and Axie Infinity. There are even upcoming blockbuster-to-be games eg.  Illuvium  (token price $539.37, TVL S$5,473,192) with huge capital locked in even before launch. As users move towards the preference for lower gas fee and higher speed, we see Defi game space rapidly expanding into various other blockchains such as Polygon, Binance, Fantom, Solana, Enjin Jumpnet, Terra... to name a few. And do you know that Singapore is home to a few blockchain gaming fintech companies? Recently, I have started playing this new Defi game called Rarity and find it mind-blowing.  Mind-blowing not because of the

Noises versus voices

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Most of these noises are plain shilling or, in another word, "snake oiling". Disguised in beautiful words. Voices are few and valuable. Filtering noises We can save ourselves time, energy, and at times money, if we can quickly differentiate between noises and voices; listening to what confer value while ignoring those that do not.  The skill is developed by encountering countless shilling or "snake oiling" (hopefully not falling prey to) and realizing their obscure objectives sung in somewhat similar tune. Their tunes are always one-sided and highly biased. Value propositions may not be well-backed by data. They use words that sound exaggerative.  We will know we finally "got it" when we find ourselves debating or refuting these crap shills and not blindly internalizing them as "truths".  As my general rule of thumb, anything that are voicing opinions ought to be taken with a pinch of salt unless you are sure of the speaker's credibility. We

Thinking backwards

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Goals Determine your goals / the desired end points, visualize as clearly as you could if it is what you desire, then work backwards from it in your mind.  Yes, something like a movie rewind where you start by visualizing your future self with what you have achieved and slowly back to the current state. If you can't visualize too far out then set a nearer milestone. There can be multiple milestones before the end point. In slowly going through the thought process, it might become clearer what you have got to do at this moment in your life. You might even manage to spot an obstacle or two. In the midst of it, ask yourself some of these questions... Is the goal that you are setting out to achieve realistic?  Are the obstacles able to be overcome or circumvented? How much time is required approximately? Would you do better to modify or seek out alternatives? It is never wise to jump headlong into something that you cannot clearly visualize. Eg. Working hard when your ladder is leaning