17 / KYC tokens, ±ratings tokens

In episode 17, we're discussing the play-to-earn trend in crypto. We review projects like DeFi Kingdoms, DeFi Land, and Formula E High Voltage. We also explore NFT tokens for compliance (KYC) and their role in white-listing, proof of X, and badges. Plus, we delve into non-transferrable fungible tokens and their use in token curated registries and rating smart contracts. Don't miss out on valuable insights and predictions for the future of crypto! Watch the video now and join the conversation.

Timeline

00:00 Intro

00:44 Drexel 40 under 40

01:33 play to earn can be illegal in 3 different ways, why stop there?

02:43 but why is gold farming legal?

04:47 KYC tokens

08:21 mint passes

17:14 how I stay humble

18:22 negative value fungible tokens

25:57 open research topics for DAOs

27:50 ConstitutionDAO is not a DAO

33:30 distributed IDs (DID)

38:25 what's wrong with Enterprise Ethereum Alliance

44:41 the secret to implementing blockchain QR codes with private data

Participants

Episode notes

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Reviewed DeFi projects
- DeFi Kingdoms, @DefiKingdoms
- DeFi Land, @DeFi_Land
- Formula E High Voltage, @FormulaE_HV
NFT tokens for compliance (KYC)
- Prior art includes: 0xcert, “mint passes”, “KYC tokens”, “white list tokens”, “proof of X tokens”.
- ERC-721 mentions this use case (so: you don’t need another EIP).
- See FullDecent’s quick non transferrable ERC-721 implementation (“badges”) based on Solmate by @transmissions11.
- 0xcert docs discuss this.
- GenoBank.io Certificates is a product that does this too.
Non-transferrable fungible tokens ideas
- Skateboarding club, badging for participants
- Using scores to rate smart contracts
- Prior art: token curated registries
  - NIST published Blockchain Networks: Token Design and Management Overview
  - Mike Goldin’s paper Token-Curated Registries 1.0
  - William Entriken’s paper Token-Curated Registries, the Uses and Exploits
https://dandelion.earth
NFT for identity vs. DID
- Direct identity: W3C DID / Microsoft
- Delegated identity in Smart Health cards