The use of cryptocurrencies like NFTs can be a potential source of funding for laboratories, enabling better research without errors caused by batch effects. By putting research data on a decentralized blockchain, funding labs could be more cost-effective and transparent.
This episode discusses the appetite for equity crowdfunding among the 96% of Americans who are not accredited investors, and the potential changes in accreditation laws by the SEC. The guest speaker also highlights the importance of small investments to fund startups compared to larger investments in crypto that can lead to bigger financial holes.
The Open Compute Foundation creates open standards for technology products which now commoditize equipment and create fewer constraints. This non-profit group does patent defense and aims to reduce IP constraints for better accessibility and technological advancement.
The podcast discusses the importance of AML and KYC procedures in traditional securities and questions whether these procedures are necessary for buying tokens on blockchain or participating in blockchain as a user. Additionally the speakers stress the need for more than just AML and KYC to create a functioning ecosystem in the decentralized space.
The speaker explains how fundraising has changed the process of getting projects to space, allowing for more direct access to the International Space Station and future commercial space stations such as Axiom and Blue Origin's space stations.
The implementation of Ethereum 2.0 requires constant communication and coordination between the Ethereum Foundation and independent development teams from around the world. The process involves the creation of a proof stake network that is initially separate from the existing proof of work network.