The batched auction is a way to collect every one's bits first. Then when all other bits are collected, then you run some agarithms that selects the winning bits. The key is here, turning it from an auction that, and you can never avoid having an auction. You're always going to have an auction. When people wente like more demand than supply. And i think the second is that if you want to avoid all these negative externalities and negative, negative consequences for usus, then you have to turn this into a sequential one.
Today, I’m sitting down with Anish Agnihotri, who is a research associate and colleague of mine at Paradigm. Anish has a fascinating backstory from becoming an entrepreneur at a really young age to later going deep into skin trading. We discuss how that skill transfers to NFT trading and how we see the market structure of both primary and secondary markets for NFTs. Finally, Anish shares some actionable advice on how he learns and how to build projects in crypto. This was a deep and fascinating conversation and I hope you’ll enjoy it.
Listen to conversations between Su Zhu, the CEO and CIO of Three Arrows Capital, and Hasu, an experienced crypto researcher and writer. Together with occasional guests, we explore the transformative nature of trust-minimized currency and financial services.
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