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Jokerace: Contests, Composability and Reputation talk with David Phelps
Manage episode 393727003 series 3514661
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David Phelps discusses his journey into crypto and the inspiration behind his project, Jokerace. He highlights the benefits of building on blockchain rails, such as the ability to create internet-native contests and avoid fees.
Phelps explains that Jokerace is a fintech product that allows anyone to create and participate in contests on the blockchain. He shares the current status of Jokerace and exciting use cases, including grants and creator-focused contests. Phelps envisions Jokerace as a protocol that enables other services to build on top of it, emphasizing the importance of executability anywhere.
Takeaways
- Building on blockchain rails offers advantages such as creating internet-native contests and avoiding fees.
- Jokerace is a fintech product that allows anyone to create and participate in contests on the blockchain.
- Jokerace has the potential to be a platform for various use cases, including grants and creator-focused contests.
- The executability of contest results triggering actions on other services is a key aspect of Jokerace's ultimate vision.
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Capitoli
1. Crypto and Financial Innovation Opportunities (00:00:00)
2. Building on Blockchain Rails (00:02:27)
3. Current Status of Joke Race (00:05:57)
4. Exciting Use Cases and Future Plans (00:07:54)
5. Joke Race as a Protocol (00:11:57)
6. Executability and the Ultimate Vision (00:17:22)
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