Those who work in the development of token projects need to model the behavior of people. Primarily, they study the potential reaction to incentives. Developers try to answer the question of what would a person do if he or she expects such and such a reward?

Our own experience and discussions with colleagues across the industry suggest that most inventors forget or ignore that probabilities can be negative. What is a negative probability and why is it important to use it?

At first glance, a probability of less than zero is nonsense. What could that mean if any person can…


Starting from Friday, January 31, 2020, Mycelium Wallet for Android supports ETH. The app is one of the oldest on the market and its team has always been known for being skeptical, if not maximalist, about the role the Ethereum protocol and ecosystem have played in the development of decentralized finance and management.

Alexander Kuzmin, Mycelium CEO:

Although Ethereum remains a tool to proliferate financially risky innovation, the narrative of “flippening” is gone. On one hand, ETH can’t do any more harm to BTC. On the other hand, smart contracts and dApps are here to stay and evolve but most networks are under governments’ control, therefore — “the enemy of my enemy becomes a friend.”


A rise in price wouldn’t surprise anyone since it was just a doubling. The code development in 2019 can hardly be called special either — thank God! — Bitcoin doesn’t need any revolutionary upgrades. Mass adoption shows no directly measurable successes yet but tons of absurdity in traditional monetary policies the year 2019 has brought is the great progress for Bitcoin.

The main thing is that 2019 was the first year when bitcoin price grew significantly, while all the rest fell. Tough times show who’s who. …


As of block 609,000, we are 90% of the way through to the next halving, estimated for May 14, 2020. The halving is much more than a technical event, it is also a narrative.

Bitcoin Block Reward Halving Countdown

“For BTC to retain its current price at $8,000 until the May 2020 halving, we’d arguably need to see net positive demand of $2.88B before then… that’s $100M in net positive demand required per week.”

— Tuur Demeester

“There is a very real possibility the price of Bitcoin DOES NOT GO UP after halving. For the first time, there are robust…


Physical interaction with a partner plays an essential role in our life experience and is the basis of many daily activities. When two physically coupled humans have different and partly conflicting goals, they face the challenge of negotiating some type of collaboration.

This requires that both participants understand their partner’s state and current actions. But, how would the collaboration be affected if information about their partner were unreliable or incomplete? Vinil T. Chackochan and Vittorio Sanguineti designed an experiment in which two players (a dyad) are mechanically connected through a virtual spring, but cannot see each other. …


Image by Antanasc https://www.goodfon.com/user/antanasc/

I shall be using an easy-to-understand startup case to elaborate on the following theses:

  1. Our world has long been filled with all the necessary goods. To sell, you need to further fragment positioning and come up with a new niche. Similarly, there are more than enough startups on this planet. Tokenization is a mighty niching technique for businesses, especially for startups.
  2. When presenting a project, tokens should be positioned as an auxiliary tool. Although, in many cases, their potential is greater than what incumbent business rails can offer. …


Illustration with Geometric Analogy

With a new wave of interest in blockchain on its way, I once again urge founders and investors to pay special attention to one promising niche — inter-industry, supranational integration of supply chains.

Large old consulting companies, such as IBM, Microsoft or EY, as well as new independent projects are already working in this area. It’s noteworthy that both classes of players integrate their solutions into public platforms. For example, Microsoft announced the launch of an identification system based on the Bitcoin blockchain, with Civic being one of its partners; Amazon promises to soon extend its service from IBM’s platforms to Ethereum.

This means smaller projects can become part of truly global frameworks, even if they go the highly questionable ICO path.

Continue >>


Plannable Supply Chains on Blockchains

With a new wave of interest in blockchain on its way, I once again urge founders and investors to pay special attention to one promising niche — inter-industry, supranational integration of supply chains.

Large old consulting companies, such as IBM, Microsoft or EY, as well as new independent projects are already working in this area. It’s noteworthy that both classes of players integrate their solutions into public platforms. …


The modern generation gave up many well-tested rudimentary staples of social interaction. Letter-writing has gone by the wayside. We entrust the expression of care and intention to short, informal messages sent on the go or from lying in bed. In business, we welcome potential new partners with the help of very brief landing pages. It’s difficult to say where primitivism ends and where the effectiveness of the call-to-actions begins.

Fashion pendulums have long suspensions, but the decade-long trend of vulgarization is coming to an end — finally. One of the signs of tastes changing is that infographics are used more…


Many businesses arsenal themselves with discounts, reputation and loyalty points, and employee bonuses, which are, in its essence, the introduction of corporate money. It’s time to reformat these tools and use the full power of cryptocurrencies.

At a minimum, this will reduce the chance of employee fraud.

With a smart approach, this toolset will not only significantly reduce costs and increase flexibility; it will also open up new dimensions for doing business. …

Alex

Mycelium

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store