Content
@
0 reply
0 recast
0 reaction
Amani
@amani
1/ One of TFL's missions is to inject real economic activity into Terra and connect Terra with off-chain economic activities. A key focus has been on marketplaces, such as exchanges or NFT marketplaces, presenting massive opportunities to improve upon traditional marketplaces outside of crypto.
2 replies
8 recasts
19 reactions
Amani
@amani
2/ Marketplaces in social and Web 2.0 lock you into their platform. The more you build your business on these marketplaces, the more dependent you become. Examples include independent sellers on Amazon and labor marketplaces like Upwork and Fiverr, among others.
1 reply
0 recast
3 reactions
Amani
@amani
3/ Participating in these platforms means the value created is predominantly locked within them, flowing mostly to the shareholders. While you can build a reputation through reviews, it's nearly impossible to take this reputation with you elsewhere.
1 reply
0 recast
3 reactions
Amani
@amani
4/ Web3 presents an alternative to this model, offering a way to break free from these constraints. We're working on two projects aimed at this alternative: Verity and Tashkent.
1 reply
0 recast
3 reactions
Amani
@amani
5/ Tashkent is a set of tools and smart contracts deployed on Terra, enabling anyone to build decentralized marketplaces for intangible assets. This approach mirrors the Forecaster Protocol, which underpins Warpcast. However, Warpcast is merely one implementation of a social network built on Farcaster.
1 reply
0 recast
3 reactions
Amani
@amani
6/Marketplaces need one more component that’s not necessary and centralized social. And that’s an identity and reputation solution. Verity is that solution and a proof of contact is already been built leveraging PolygonID for ZK identity, but recording to the Terra blockchain.
3 replies
0 recast
4 reactions
Sax The Fiver
@saxthefiver
Oh, this is cool. Didn't know it used PolygonID under the hood. Great call there. TFL is going to build a marketplace similar to something like https://earn.superteam.fun/ on SOL?
0 reply
0 recast
0 reaction
