Chain Reaction

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Chain Reaction - 30th January 2023

australiandefiassociation.substack.com

Chain Reaction - 30th January 2023

Time for some action

Mark Monfort
and
Australian DeFi Association
Jan 29
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Chain Reaction - 30th January 2023

australiandefiassociation.substack.com

Bit of a shorter newsletter this week given all the other work going on but some good things to highlight below. First up, we had a great first little catch up in Sydney. This was only announced in the Discord as it was more impromptu than full-blown get together. We’ll do that official one kicking off in February at Stone & Chalk as promised.

Twitter avatar for @AusDeFi
Aus DeFi Association @AusDeFi
Love the #community in Sydney coming together for a little impromptu meetup. Thanks to all who came along and see you all in Feb at @stoneandchalk as we really kick things off 🙂
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10:27 AM ∙ Jan 25, 2023
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Also this week we finally got to see a project our NotCentralised partners have worked on out in the wild thanks to ausbiz with Natalie from CryptoLulu for a new real-world restaurant/hospitality NFT project right here in Sydney. Check out our Tweet on it here:

Twitter avatar for @AusDeFi
Aus DeFi Association @AusDeFi
thank you @ausbiztv for featuring our co-founder @NumbersDeFi for this @notcentralised #NFT project with #CryptoLulu Marketing Manager Natalie - bringing real world experiences to web3 and bridging the digital gap for hospitality ausbiz.com.au/media/bringing…
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3:40 AM ∙ Jan 23, 2023
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We also welcome this month some new faces to Aus DeFi’s leadership group with Jordan Franklin, Clint Bruin and Jake Denny helping us to make moves into Canberra and Newcastle in 2023. Join us in congratulating them! 

Also, so good to get seen in the Arbela newsletter featuring alongside some other awesome good news from recent weeks. Arbela is also running a competition on investment research so if you’re keen to get involved, check them out here

http://arbela.io/ and on their Discord https://discord.com/invite/UAaD9W2B45 

Also, great to see more folks moving into the Web3 Innovation Centre we’ve got with Stone & Chalk, this time with Collective Shift

Twitter avatar for @bensimpsonau
Ben Simpson @bensimpsonau
New office vibes. @stoneandchalk @AusDeFi https://t.co/7ovL9d9ZIt
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6:09 AM ∙ Jan 24, 2023
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News

Interesting read here on why Central Banks should not ignore CBDCs https://www.risk.net/comment/7955790/why-central-banks-shouldnt-ignore-stablecoins 

In the SMH here and its Minister Stephen Jones highlighting how the government is not keen on having a separate regulatory environment for crypto, but on the other hand, regulating everything as a financial product isn’t great either (with Blockcain Australia weighing in).

https://www.smh.com.au/business/banking-and-finance/good-argument-to-regulate-crypto-as-financial-product-minister-says-20230120-p5cebf.html 

Speaking of regulation, lawmakers in France look to be going down a pragmatic pathway to crypto adoption and Aus DeFi chapter lead Nick Bishop has a great take on it here https://www.linkedin.com/posts/nick-bishop-cfa-94760173_france-gives-crypto-firms-more-time-to-comply-activity-7023976455168544768-H_D9?utm_source=share&utm_medium=member_android 

Great thread here on the issues with crypto in it needing to be useful and solve problems (something that this author weighed in on too since we’re all about that too)

Twitter avatar for @ChainLinkGod
ChainLinkGod.eth @ChainLinkGod
The point of crypto is to improve society, which means providing products/services that people actually want in a superior format In regards to finance, this means RWAs (traditional commodities, currencies, and securities) Without RWAs, what exactly do we aim to achieve here?
6:45 AM ∙ Jan 23, 2023
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Digital Surge saved by $1.25m creditor loan https://www.theguardian.com/technology/2023/jan/24/australian-crypto-exchange-digital-surge-saved-after-125m-loan-from-creditors 

Other Video Highlights

Also interesting to see here how Microsoft is leveraging Ethereum

Another weekly roundup from the folks at Bankless too with SEC crackdowns continuing

Newsletters and Education

Finally, some further reading, first up for anyone who’s interested in learning more about ZK proofs, there’s this course starting soon

https://zk-learning.org/

And if you’re interested in more web3 related learnings and newsletters, you may like the stuff being created by our friend Simo from NFTSYD over here https://mirror.xyz/nft-syd.eth/RhS4UCI5NvDpR3uP3cstESPK0QL46Fo5PRyd42QXgzI 

Or the great weekly wraps from the good folks over at The Chainsaw https://thechainsaw.com/defi/the-chainsaw-weekly-wrap-volume-twenty/

See you all next week!

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Chain Reaction - 30th January 2023

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