The Value of a Yat on a Block Chain

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The value of having something like a yat on a block chain is, it really comes down to ownership. So we want to create a world where you can actually own a yacht in a completely self sovereign way. There's a whole concept also around censorship resistance, which we think is also powerful thing that you get with something like yat being issued on a decentralized protocol. We should be able to tell our stories in the way that we want to tell them, share what we want to share. And we should have true ownership on the internet for our identities. That's our goal, as we really want people to their identities.

Welcome back, this week Lucas and Anita return to discuss the ultimate meme investing crossover episode with GameStop launching an NFT marketplace. We also break down this week’s latest drama with the liquidation of crypto hedge fund 3 Arrows Capital. It wasn’t all doom and gloom as we discussed some of the new crypto funds injecting fresh capital into the space.

In their interview this week, Lucas and Anita chat with Naveen Jain. Naveen is the founder of web3 startup Yat which lets people buy their own emoji URL. The marketplace saw some wildly expensive sales this year, but when can pricey emojis tell us about the future of identity?

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Helpful links:
https://techcrunch.com/2021/07/30/yat-thinks-emoji-identities-can-be-a-thing-and-it-has-20m-in-sales-to-back-it-up/

https://techcrunch.com/2022/07/13/celsius-one-of-cryptos-biggest-lenders-files-for-bankruptcy/

https://techcrunch.com/2022/07/12/crypto-focused-multicoin-capital-launches-430m-venture-fund/

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