CoinDesk Podcast Network MARKETS DAILY: Crypto Update | Fly-to-Earn: How Spexi Empowers Drone Pilots With Blockchain
Dec 18, 2024
Bill Lakeland, CEO of Spexi, reveals the fascinating 'fly-to-earn' model that empowers drone pilots to monetize their skills through blockchain technology. He discusses how pilots can autonomously capture imagery and earn tokens, opening up fresh revenue streams. Lakeland also reflects on the dynamic growth in the drone imagery market, particularly in urban planning. With a cautious optimism about crypto fundraising, he highlights the potential of innovative blockchain solutions like XION to simplify user experience and broaden access.
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Crypto Market Trends
- Bitcoin and Ethereum are the gold standard to watch in the crypto market.
- Other important projects include Decentralized Physical Infrastructure Networks (DePIN) and AI and compute protocols.
Investor Sentiment
- There's cautious optimism among investors regarding the crypto market.
- Lakeland's Spexy project secured funding despite the challenging fundraising environment.
Blockchain for Business
- Blockchain technology enables real businesses to scale faster, especially two-sided networks/marketplaces.
- Crypto-enabled marketplaces, with incentivization and community ownership, amplify project growth.