From the White House to the Metaverse | Dan Schmerin @ Metaversal | #195
The Milk Road Show
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How to Transact on a Reservation
Jay Parini: In the ticketing example, Jay holds an embedded smart contract that says you can potentially transact on it. He says if Dan wants to expedite his delivery date, he can transist just like the NFL draft. Parini: The manufacturer benefits because that $500 refundable deposit turns into a $500 nonrefundable deposit to start. And is the consumer better off? Well, you know worse off.
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