ERIC KIM

Nothing seems “worth it”, even if you’re a millionaire?

What am I searching for? Novelty and innovation

Unfortunately I think the future for music and musicians is very grim.

Same goes with authors, writers, artists, etc.

Went to the LA TIMES BOOK FAIRE at USC the other day (on accident), and there were soooo many books

Think Mobile. 

.

Tear down the walls!

Little man in a little car?

MAKE MOVES

Innovate the form factor

Proportions.

Venture further

.

why real life is important

A lot of random people on the Internet who have an opinion, comment, or haters or whatever… If you see them in the flesh, and they’re only 4‘10“ tall, their opinion no longer matters to you. Or if they are morbidly obese, lots of bad skin acne whatever . 

The opinion of small, short, ugly old men don’t matter?

A small man, is he even a man?

*

men who hide?

Man who hide behind their sunglasses, their baseball caps and ugly facial hair, the tint in their car, behind their AirPods, etc.?

tokenized debt

Tokenized debt, actually a very interesting use case for tokens.

Why? Maybe one of the best ways to think about and consider money, is that it is just solidified debt and credit.

A blockchain like a computer without internet access or connection?

Adding programmability requires additional infrastructure beyond what blockchains provide, most notably oracle networks. This is because blockchains inherently cannot pull in data from or push data out to any external system, making them isolated networks akin to a computer with no Internet connection. Bridging the connection between onchain environments and the outside world requires an additional piece of infrastructure—an oracle.

Novel business models?

Unlocking dormant capital?

Unlocking vast liquidity, capital efficiency gains, increasing the velocity of capital, creating global instantly accessible pools of liquidity

unlock vast liquidity and capital efficiency gains, increase the velocity of capital, and create global, instantly accessible pools of liquidity.

Make gold liquid

Fractional ownership

Owning 1/10000th of a block in New York City?

Expand the boundaries —

Expanding the boundaries of the investable universe

Tokenization ultimately expands the boundaries of the investable universe.

Derivatives

In finance, a derivative is a contract that derives its value from the performance of an underlying entity. This underlying entity can be an asset, index, or interest rate, and is often simply called the “underlying.” Derivatives can be used for a variety of purposes, including insurance against price movements (hedging), increasing exposure to price movements for speculation, or getting access to otherwise hard-to-trade assets or markets.

Here are the main types of financial derivatives:

1. Futures: These are standardized contracts to buy or sell a particular commodity or financial instrument at a pre-agreed price on a specific future date. Futures are traded on exchanges, which act as a counterparty to both sides of the deal.
2. Options: These give the holder the right, but not the obligation, to buy (call option) or sell (put option) an underlying asset at a specified price, known as the strike price, before a specified date. Options can be used both for hedging and for speculation.
3. Swaps: These are contracts through which two parties agree to exchange one stream of cash flows against another stream. These streams are called the “legs” of the swap. The most common types of swaps are interest rate swaps and currency swaps.
4. Forwards: Similar to futures, these are non-standardized contracts to buy or sell an asset on a future date at a price agreed upon today. Unlike futures, forwards are traded over-the-counter (OTC), meaning they are agreed upon directly between two parties, without an intermediary.

Derivatives can be complex and carry a high level of risk. They are used by a variety of market participants, from financial institutions to individual investors, and have become fundamental for financial markets, enabling price discovery and risk management.

What does capital want?

Capital velocity

unlock vast liquidity and capital efficiency gains, increase the velocity of capital, and create global, instantly accessible pools of liquidity.

Tokenized assets PDF—

Golden Record
Using blockchains as an immutable, shared source of truth regarding tokenized asset ownership can make a number of administrative processes more efficient, including buybacks, profit distribution, distribution of net asset values, corporate actions, shareholder voting, and coupon payments. Ultimately, this can lead to more transparency and the elimination of reconciliation processes, as there are fewer intermediaries and a single, reliable, tamper-proof source of truth is shared between a diverse set of counterparties

Global liquidity

Global Liquidity
By introducing a universal standard for execution and settlement through blockchains, tokenization can unlock vast liquidity and capital efficiency gains, increase the velocity of capital, and create global, instantly accessible pools of liquidity. Most notably, tokenization can bring liquidity to historically illiquid assets due to them being inaccessible to a broader market. With these assets represented as digital onchain tokens, they not only become more accessible but can also be incorporated more efficiently into the processes of financial institutions.

Another key benefit of tokenizing assets is the enablement of fractional ownership around high-ticket items, which effectively lowers the barrier to entry and broadens the potential investor base. In traditional settings, dividing an asset like real estate into smaller, tradable portions is impractical—but tokenization makes it feasible to own and trade small fractions of such assets at near-zero marginal cost.

Hungry, insatiable for knowledge and wisdom

Think the whole planet

The news and all this nonprofit stuff?

Becoming bigger is the goal?

Midge —

The word “midge” comes from the early 15th century, rooted in the Old Norse word “mygg,” “mugg,” or “myga,” meaning “gnat.” These terms point to the small, biting flies common in many regions, particularly in damp environments. In Scottish, it appears as “midgye” or “midge,” maintaining a similar pronunciation and meaning. The term reflects the tiny size and often irritating presence of these insects. Over time, “midge” has continued to denote small flies, particularly those known for their swarming habits and biting nature.

The term “midget” originated in the mid-19th century. Originally, it was used as a diminutive form of “midge,” a word meaning small fly. By the 1860s, it had come to be used colloquially to refer to an unusually short person. This term gained widespread use in the context of circus and vaudeville shows, where individuals with dwarfism were often featured as performers and were advertised as “midgets.”

However, it’s important to note that the term “midget” is now considered derogatory and offensive when referring to people with dwarfism. The preferred terminology is “dwarf,” “person of short stature,” or “little person,” depending on individual preference. These terms are used as part of a respectful and sensitive language to address or describe individuals with conditions leading to short stature.

Slower things tend to last and are also more predictable

1. Unresponsive

2. Laggy

3. Buggy

Video

Who gon stop me huh?

Legit hype:

And even if they were guilty, it ain’t really a big deal.

The internet having a native currency —

Resilient to all attacks

Big blockers vs Small blockers

The block wars?

Satoshi didn’t need to be there —

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The spirit of this thing —

Questioning, curiosity —

I very much love this idea that certain decisions we do, make, create, our budget is infinite, wicked instantly build, redo, demolish, start over again.

For example, Poly Bridge 2, SimCity, the new Pocket City 2… the sandbox mode is amazing!

Thinking like a kid again

1. Hi are things so expensive, and require and take so much time?

nasa.gov—