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Obviously they should divide it into a low-risk low-return tranche and a high-risk high-return tranche and market two tokens, with an LLM informed of the rules
by dsr_ 3y ago
Obviously they should divide it into a low-risk low-return tranche and a high-risk high-return tranche and market two tokens, with an LLM informed of the rules providing final arbitrage.
- moralestapia 3y ago"It can't literally go tits up"
- arcticbull 3y agoThe Legend of 1r0nyman
- dougSF70 3y agoBinance has offered to list it on their exchange.
- actionfromafar 3y agoHilarious! The drama doesn’t end.
- kevinventullo 3y agoI just want a token that represents a claim on the movie rights.
- kylebenzle 3y agoInterestingly its specifically illegal to trade movie futures so a securitized token would not be allowed. 1. https://en.wikipedia.org/wiki/Onion_Futures_Act https://en.wikipedia.org/wiki/Onion_Futures_Act
- Scoundreller 3y agoWhat if it was based in the Bahamas?
- cmcaleer 3y agoThe onion stuff sounds bad but movie futures sound fine? Wouldn't it be good for studios to be able to hedge? I'm a little confused as to what the instrument is actually for, were it not for this law could I, like, short The Marvels?
- kylebenzle 3y agoIt would be horrible and too easy to manipulate, think a fighter taking a dive. Say the Marvels is coming out, Brie Larson knows everyone hates her and she's a bad actor so it will probably flop. Brie takes out a $10 million short on her own movie. Now she has an incentive to be horrible so she acts EXTRA bad and treats people even worse than usual to be sure it flops.
- kevinventullo 3y agoIs this any different than the incentives set up by conventional publicly listed companies? Like a CEO in principle could “take a dive” but their compensation discourages that.
- tylerhou 3y agoCEOs are also usually not allowed to take short positions in the company they head. Analogously, actors should not be allowed to short movie futures they act in.
- aorloff 3y agoAnd they say wit is dead
- worik 3y ago...it was homicide
- spacecadet 3y agoI snorted
- gzer0 3y agoNaturally, we'll need to tokenize the risk tranche, leverage a decentralized finance protocol to auto-balance the portfolio, and have an AI-powered DAO govern the arbitrage, ensuring our digital assets stay liquid.
- SantalBlush 3y agoThat extra computation will put more strain on the energy grid, but that's a good thing, because it will solve climate change.
- loopdoend 3y agoFew
- mjburgess 3y agowhat disappoints me about this comment is how many of my well-educated non-tech friends would regard the number of technical terms here as a sign that it's a well-researched idea
- RugnirViking 3y agothats also the kind of feedback I get in teachings from buisness advidors around pitching. "We need to see a little more proof you have credentials to pull off this idea. When we were talking last week you mentioned some technical terms, put a few of those in"
- f4c39012 3y agoIs that in 3D?
- arthurcolle 3y agoI'd like to subscribe to your newsletter