BarnBridge is an idea & whitepaper originally conceived in Q2 2019. At the time, MakerDAO was starting to garner mainstream awareness and capture the imagination of what is now known as the DeFi, or decentralized finance, community. Over a year later, with 60% of Global debt yielding less than 1% & over $15 trillion of global debt yielding negative rates, capital continues moving into higher risk yield streams.
Meanwhile, there is a decentralized financial system, referred to as Defi in this paper, burgeoning in the digital economy with digital assets…
An artist in our Discord reached out and asked if he could make a custom NFP. I was surprised that, at the time nobody, had asked and I’m surprised nobody has up to this point since then.
I looked at his site and I thought his art was too cool and we couldn’t afford him since we tried to launch NFP on a low budget (this was before it started to blow up — we had no idea the first day would look like it did).
I offered that if he made 4 NFPs that he could keep 1.
So we’ve spent days forking contracts, writing bulk minting scripts, trying to figure out on chain metadata. All of the stuff that is boring that nobody really cares about but affects the long term efficacy of NFPs.
We have been planning on launching on Bounce and are even building custom interfaces that will live on our sites for future drops but we’re up against the wire and we had to make a call, delay again or use OpenSea.
We hope to release this interface soon but we aren’t there yet (this project was alpha leaked and we just started rolling…
As we approach the inception of NFPs we would like to make a formal announcement that there will be more announcements. We would like to fill our frog frens & pepe lovers in on what we are planning so everyone knows.
Last night was chaotic & we reeled it back to kill the hype a little. We want to figure out the best way to do this.
So let’s clarify a few things to start:
The rules still exist in our community.
🚨 VIOLATE AT YOUR OWN RISK TO HEALTH AND SOUL: Must pray to KEK daily. No…
I thought about this being a post in Discord but I wanted to attempt to organize my thoughts so everyone had the chance to see it — so this will be a long one because we’ve kind of been waiting to let the dust settle from launching the DAO and I wanted to see where the small fires start or spread after the launch of the DAO and where we needed to focus efforts.
So let’s get started.
A lot of people ask about partnership and integrations and I think we need to separate those between protocol based partnerships and…
As we previously announced, the DAO is going to launch on Feb 4th during our Project Call №10.
Before then, we want you all to be prepared, so we set up various BarnBridge Docs on a separate subdomain with all recent information on the BarnBridge DAO, our upcoming products, FAQ, and links to our resources. It’s available here: https://docs.barnbridge.com.
My career has always been at the intersection of entrepreneurship, software, and finance. On top of that, I’ve been an avid sports bettor for a very long time. This combination has given me a unique outlook on risk-taking and how to use algorithms to manage it.
Working on BarnBridge, whose goal is to wrap risk into different tranches to give investors more options to hedge their positions, we realized that tokenizing risk actually has many more use cases than pure financial ones. This is why we are determined to open up that door.
When we originally set out to create the BarnBridge ERC-721, we were generally curious in how we could use NFTs to track early community participants. We also were generally curious about the use cases for NFTs more specific to #defi as opposed to the one of a kind art related space.
Since our announcement of the program in early October of 2020, it’s safe to say that not only did BarnBridge come onto the scene in a bigger way than any of us could have previously expected or even imagined, NFTs also exploded onto the scene. …
We are hoping 2021 is a great year for BarnBridge and all of you, so we would like to formally announce our roadmap for 2021.
Naturally, Q1 will be the most accurate and as we release our products we will amend anything forward looking.
We recently posted a roadmap on the website and Twitter that gave a brief update of our 2021 goals.
So, let’s sum up the tweetstorm and expand.
In the immediate future, we will be finishing up the BarnBridge DAO, which…