Key Takeaways
- Use Solana for user-friendly crypto adoption due to its ultra-low transaction fees ($0.00025) and fast processing speeds, compared to Ethereum's expensive gas fees that can exceed ticket costs
- Integrate Torus Labs wallets to enable users to access crypto through mainstream social media (Facebook, Twitter, Discord) without memorizing complex seed phrases, reducing friction for new users
- Structure token projects as securities compliant with SEC regulations (file Form Ds, disclose fully to investors, lock up periods) even if they can't initially list on US exchanges, rather than risking enforcement action
- Build loyalty and revenue through NFTs tied to real-world utility and exclusive access (events, merchandise, experiences) rather than speculative digital collectibles, following the Bored Ape Yacht Club model
- Watch for blockchain interoperability bridges as the next major trend—as seamless cross-chain transfers improve, users will select blockchains based on specific use cases rather than tribal loyalty to single ecosystems
This Week in Crypto: Jason Desimone -January 6 2021: Jason Desimone, head of blockchain at Ubik Group, discusses his latest project and his predictions for the future of cryptocurrency. Ubik Group is a boutique software development firm that builds tech projects with a purpose. Specializing in exponential technology, most notably blockchain and Artificial Intelligence / Machine Learning, Ubik's areas of expertise include tokenization, digital identity, digital wallets and custody solutions, data sovereignty, privacy, security, decentralized exchanges, cross-border and micropayments, supply chain logistics, and distributed networks.
Jason Desimone has been active in the blockchain and social impact sector for five years across some of the largest projects in the space in a variety of capacities, including Co-Founder, Advisor, and Investor. Jason specializes in leveraging Distributed Ledger Technology to better quantify and measure impact in an effort to resolve the UN SDGs by 2030. In 2019, Jason was appointed to the UN’s Blockchain for Impact Commission alongside his active roles with Blockchain Climate Institute (BCI), the Global Blockchain Business Council (GBBC), the Global Sustainability Network (GSN), and Blockchain 4 Humanity (B4H).
Watch more episodes of This Week in Crypto at this link: https://www.finstream.tv/videos/cryptocurrency/