Insights from house party at Qyunh’s

On Crypto-currency

  • Major institutions like hedge funds and banks are trying to figure out how to increase exposure to this currency type while mitigating against volatility
  • Governments are exploring into how this new¬† form of currency can be regulated
  • Companies in this space are increasingly gearing towards providing missing infrastructure like secure wallet as opposed to creating new Token
  • Transaction throughput
    • Visa gateway allows for 50,000 transactions per second
    • Lightning networks as well as off chain transaction provide ability to temporarily by-pass bottleneck
  • Promising candidates
    • EOS (Chinese currency) supports up to 1,200 transactions per second
    • TRON (Chinese currency)
    • Ethereum

On Data API

  • New travel portals need to be able to prove traction before existing providers like Viator is willing to become partners
  • Normal affiliates get 7% commission while partners get 18% commission
  • This is a missing step in this eco-system that startups will need to gap before they can reach partner status.

On AR/VR

  • Much of efforts is done on AR right now as opposed to VR. Where there is actual industrial application

On Reality

  • Accurate interpretation of signals provided by reality requires the ability to set aside predisposed lens
  • Morality is one of the hardest lens to set aside when interpreting signals
  • Morality derived construct like the Good and Evil dichotomy is inherently subjective, while useful for marketing, branding and messaging purposes, is not useful for analytical purposes.

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