AI Memes on the Rise, Stripe’s Major Acquisition, and Kraken’s New L2 | Roundup

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Oct 26, 2024

Explore the fascinating world of AI as it shapes the crypto landscape, including the rise of AI memes and chatbots in the crypto space. Discover Stripe's strategic acquisition of Bridge and what it means for stablecoins. Learn about Maker's branding challenges and the essence of community in DeFi. The discussion also covers Kraken's upcoming L2 solution and Jito's innovative governance proposal. Don't miss insights into the vibrant tech revival in San Francisco and the intertwining of politics, market trends, and golf stories!

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ANECDOTE

Quickster Analogy

Netflix's failed Quickster rebranding serves as a cautionary tale.
MakerDAO's situation mirrors this, showing the importance of acknowledging mistakes and adapting.

INSIGHT

MakerDAO Rebranding

MakerDAO's rebranding to Sky didn't resonate with the community, highlighting the importance of brand equity.
Despite some successes, MakerDAO is reverting to its original name, demonstrating the power of decentralized governance.

INSIGHT

Stripe Acquires Bridge

Stripe's acquisition of Bridge signals renewed interest in crypto M&A.
This deal highlights the value of regulatory compliance and established customer bases in the payments space.

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In this episode, Michael, Vance, and Mippo discuss Sky’s potential reversion back to Maker branding, Stripe’s acquisition of Bridge and its implications for the broader stablecoin sector, and Jito’s recent governance proposal introducing rake on MEV tips. Finally, they dive into the sudden rise of AI memes, zkTLS and DECO, and Kraken’s announcement of their upcoming L2, Ink.

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Resources

JIP-8 Adopt TipRouter: https://forum.jito.network/t/jip-8-adopt-tiprouter-ncn-protocol-development/413

Ink Announcement: https://x.com/inkonchain/status/1849443457883885801

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Timestamps:

(0:00) Introduction

(6:38) The Final Weeks of Election Season

(13:53) Will Sky Revert Back To Maker Branding?

(24:20) Stripes Acquisition of Bridge

(32:56) Index Coop Ad

(34:02) Supra Ad

(34:58) Fuel Ad

(35:53) Jito Introduces Rake On Tips

(43:37) The Rise of AI Memes

(59:21) zkTLS and DECO

(1:01:49) Kraken Announces New L2

Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.tt and our guests may hold positions in the companies, funds, or projects discussed.