EthHub Weekly #92
Into the Ether hits 100 episodes, Fidelity will support Ethereum in 2020, Nike patents shoe tokenization, Sablier v1 live and much more!
Curated by Anthony Sassano (@sassal0x) and Eric Conner (@econoar)
đ„łÂ Into the Ether Celebration Party
It felt just like yesterday that Eric and I started the Into the Ether podcast but apparently weâve already released 100 episodes! To celebrate, weâd love for you to join Eric, Danny Ryan, David Hoffman, Aftab (DCInvestor), Ryan Sean Adams and I for an ETH maximalist livestream party on 12/16 at 6PM PST. Weâll be taking questions from viewers and reflecting on 2019 in Ethereum as a whole. The party will be streamed here.
Our good friend Spencer Noon is launching a new weekly newsletter covering on-chain data analysis called âOur Networkâ. Iâll personally be sending him data about Set Protocol while there are a bunch of other heavy hitters like Caleb Sheridan from Blocklytics and Calvin Liu from Compound whoâll be doing the same. So what are you waiting for? Go subscribe!
Have a great week everyone!
-Â Anthony
News of the Week
đ Fidelity Digital Assets Intends to Support Ethereum in 2020
If the client demand is there, then Fidelity Digital Assets could support Ethereum in 2020.
In a recent episode of The Scoop, Fidelity president Tom Jessop told The Block that the firm has "done a lot of work on Ethereum" when asked if they would soon offer custody for the digital currency. Launched at the beginning of 2019, Fidelity Digital Assets (FDAS) offers cryptocurrency custody and trading tools for institutional investors and traders. Still, the firm has only supported bitcoin â a fact that some say keeps FDAS from truly competing with crypto-native firms like Coinbase and BitGo.Â
Jessop said that the lack of a track-record serves as one of the biggest obstacles to institutional adoption of a given cryptocurrency. Since bitcoin has the longest track record, there is a stronger appetite from institutional investors to allocate capital to it compared to cryptocurrencies like Ethereum, according to Jessop. Hence the reason Fidelity isn't supporting it, at the moment.Â
đ€Â Jack Dorsey Announces New Twitter Team for Crypto
On Wednesday, the Twitter and Square CEO announced plans to support an independent team âof up to five open source architects, engineers, and designers to develop an open and decentralized standard for social media.â
âThe goal is for Twitter to ultimately be a client of this standard,â Dorsey said.
The new team would follow a model similar to Square Crypto, a bitcoin-focused entity separate from Dorsey's fintech unicorn Square. Likewise, the new Twitter entity would focus on open standards for decentralized processes across social platforms, rather than proprietary structures. Although Dorsey didnât directly associate the disparate efforts, he hinted that the âfundamentalsâ of blockchain technology might offer some tools for âopen and durable hosting, governance, and even monetization.â
Twitterâs head of legal and policy, Vijaya Gadde tweeted that this new project, called Blue Sky, is part of the companyâs broader push to âsupport and foster the values of a free and open internet.â
đŠÂ German Bank Launches Digital Assets Unit to Offer Custody Products
German bank solarisBank is jumping into the crypto custody space.Â
Through a subsidiary called solaris Digital Assets, the Berlin-based bank will offer a white-labeled custody product, the company recently announced. The financial technology startup received a German banking license in 2016 and has since been offering banking-as-a-service for nonbanks to offer financial products.Â
solarisBank will apply for a license to custody crypto in 2020, but some of its partners are already testing the custody product, which can be combined with banking identification and account products, according to the company.
âWe believe that all tradable assets will be tokenized in the future,â said Alexis Hamel, managing director of solaris Digital Assets. âsolarisBank had proven that the Banking-as-a-Service model works, and with a full German banking license solarisBank is ideally positioned to use the same model for solaris Digital Assets to provide custody-as-a-service.â
Project Updates
Nike Receives Patent to Tokenize Shoes on Ethereum
In a document posted on the U.S. Patent and Trademark Office and dated Dec. 10, Nike stated that it intends to generate unique IDs and create ERC 721 tokens for some shoes.
Introducing MetaCartel Ventures
MetaCartel Ventures is a for-profit DAO focused on DApp development. The DAO aims to bring code, law, and community together.
Activate Token Launch Standards
The ConsenSys Codefi team published a blog post outlining their principles for robust and include token ecosystems as well as outlining the Activate Platforms standards.
Sablier v1 Now Live
Sablier is a protocol for âreal-time financeâ on Ethereum that enables continuous, autonomous and trustless payments.
The LAO joins forces with Moloch DAO and MetaCartel
The alliance will begin to standardize DAO-related smart contracts in order to power the next-generation of limited liability autonomous organizations (LAOs).
Argent Integrates WalletConnect
Users of the Argent mobile wallet can now use Uniswap, PoolTogether and many more Dapps thanks to this integration.
Introducing cTokens on TokenSets
Set Protocol introduced the first Set that contains a cToken this week - the ETH RSI 60/40 Yield Set. The main benefit of cToken integration is that users can now earn interest while the Set is positioned in the stable-asset.
Much Clearer DAI Initiative Launched
Alex Van de Sande has launched this initiative in order to make the Maker systems code more readable by changing file names, altering variable names and adding comments to the code.
Loopring Opens Staking Window
In this update, Loopring runs through how LRC staking will work on the protocol and details the âgolden staking windowâ.
Ethereum Cat Herders Update #16
Updates on new collaborations, EIP improvement initiatives, Sai to Dai Migration and much more.
An Update on Parityâs Ethereum Foundation Grant Progress
Jutta Steiner from Parity runs through the progress the team has made since receiving a $5mil grant from the Ethereum Foundation.
0x Ecosystem Update - November 2019
This update includes a 0x v3 overview, a recap of TokenTroveâs growth, an Interview with Tokenlon and more.
Kyber Ecosystem Report #9
Another great ecosystem report from the Kyber team that includes network stats for October, thoughts on the total value locked metric, Kyber DeFi updates and much more!
Community Member Spotlight
This week weâre highlighting the great work of John Adler!
John is a scalability researcher working out of ConsenSys and is the creator of the Ethereum scaling solution âoptimistic rollupâ. Johns twitter feed is full of insightful commentary on bleeding edge Ethereum (and other blockchain) research so heâs a highly recommended follow.
Keep up the great work John!
Interesting Tweets
Ecosystem Bits
Blog Posts
Podcasts
James Young: Incremental Decentralization with Abridged - Into the Ether
Behind the Scenes of Synthetix with Kain Warwick - POV Crypto
Videos
Misc
Meme of the Week
Looking for Work?
Top jobs listed on Cryptocurrency Jobs this week:
Cryptocurrency Researcher - Polychain Capital
Cross-Functional Project Lead - MakerDAO
DevOps Engineer - OpenLaw
Growth Hacker - OpenSea
+100âs more on the Cryptocurrency Jobs website!
Protect Your Crypto
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