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The next wave of exploitation in this web3 space will involve lending practices. Kids will pledge their digital assets as collateral to buy other goods on marg
by Dowwie 5y ago
The next wave of exploitation in this web3 space will involve lending practices. Kids will pledge their digital assets as collateral to buy other goods on margin. Their assets will lose value in the market and the kids will receive margin calls to restore balances or forfeit everything in the game, including reputation.
- presentation 5y agoI just looked up a youtube video about Axie and it seems this is already happening lol https://youtu.be/xKgV4V0aq7M?t=328 https://youtu.be/xKgV4V0aq7M?t=328