OH: idk they’re like the Bell Labs of Internet infra and AI…and they’re like African or Indian or New Yorkers, or something.
Brooklyn, NY
Joined October 2022
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parabl retweeted
watching & learning as @techboiafrica talks leapfrogging, energy consumption, and sustainable, real development in the global South via depin networks and new infrastructure.
these are the conversations that matter.
parabl retweeted
I think this is a step in the right direction, but kind of misses the mark.
The issue (one of many) is that there's a gap between Identifying Problems, Solutions, and Funded Solutions when it comes to Leapfrog Regions (LFRs) like most of Sub-Saharan Africa
One of the frequent topics at @JoinEdgeCity Lanna was that govs of inflationary currencies don't like dollarization, but the people on the ground need stablecoins.
Identified Problem = "People don't like inflation, but they get paid in inflationary currencies that they can't easily swap out of. That's bad for business"
Solution = "Make a stable that's pegged to the price of any arbitrary fiat currency, so they can get paid in a pegged coin onchain, and swap out of that."
Funded Solution = "They can use DAI/USDC/Tether* ** 😌
this is what mainstream adoption*** looks like."
*if they can buy it from someone else
** If the government doesn't shut down the bank accounts of fintechs and FX brokers enabling this
For scope, there are 2700 million (that's 2.7 billion) unconnected people. They don't know crypto, and if they're offline, they don't have fintech services that they can easily use for banking. They would love to be onchain, if only we put the tech that's been built in front of them, and make it useful for them.
Currently, the Funded Solutions are ones that spend $1000s in airdrop CAC fighting for the attention of less than 1% of 2 billion people, but don't necessarily widen the pie.
Funding The Solutions that grow the pie is obvious (more people -> lower CAC over time), and I'm greatful that Leapfrog Builders like @stefdelev @tonyolendo @ashrafstakala and us at @parabltech are building things that make sense for the people who need it🫡
parabl
One example of what they did right but not greatly appreciated. I remember @AyaMiyagotchi has invited builders from Africa to be on Devcon mainstage to talk about the problems they are facing, I can't imagine this can happen in other ecosystems like Solana.
@VitalikButerin has been on a month-long trip with @yosephayele, etc to Africa to talk with builders there, it's very impressive to go back to blockchain's old vision to build a borderless world and actually help people in places where the financial system is broken.
parabl retweeted
We brought some of your favorite guests together for an IRL debate in Bangkok which turned into the worst debate of all time when the debaters all ended up agreeing with each other
Tune in to hear @ldf_gm @sophiadew and @techboiafrica "argue" about the endgame for crypto
A huge shoutout to @CatalystSystem and @safe for helping make this episode possible 🙏
Links below:
parabl retweeted
Excited to talk about internet resilience with @techboiafrica @parabltech at the UN IGF @intgovforum in Riyadh!
Dial in here at 10:45AM AST (2:45AM EST):
intgovforum.org/en/content/i…
parabl retweeted
Honored to have risked my life for the sake of content. If you’ve been wondering what leapfrogging is and why it means so much to us @parabltech , this is the series to watch
In part 2 of our Devcon collab with @parabltech, @techboiafrica and @Nogoodtwts bring you: What is leapfrogging?
No better place to share this lesson than on the back of a motorbike zooming through Bangkok 🏍️
parabl retweeted
Side note: can't have any of this without a reliable way to store and communicate changes to property in the regions that need it most. @parabltech fixes this :)
parabl retweeted
For people wondering how to price early stage DePIN companies like @parabltech , read this
(NEW POST)
DePIN is widely viewed as an area uniquely suited for crypto networks but we @CompoundVC still believe there's a lack of appreciation for the true breadth of impact it can have
@knowerofmarkets and i went deep on
> how traditional infrastructure providers serve customers today
> why those markets function the way they do
> how distributed alternatives could redefine existing markets or create new ones
> what types of new DePIN-inspired networks we'd like to see built and partner with
& a lot more
i want to thank @knowerofmarkets for all his work & research on this (and everything else he supported us with over the summer) -- it was awesome to see his development and pace of learning for what was ultimately a crazy-diverse set of industries/markets. really excited for him and happy to see this piece come to life
(link to full piece below)
parabl retweeted
Is Bangkok bad, or do you have the flavor of brain rot where you fly around the world just to stay in the same type of airbnb, doordash all of your food, and uber everywhere? Is Bangkok bad, or do you just fucking love the flattening of culture via global homogeneity?
parabl retweeted
@parabltech ‘s @techboiafrica and @eigencloud ‘s @itsamyjung are dropping so many bangers about the philosophy of DAOs and how it informs DAO spending
Hottest take: if DAOs came before VC funding, a lot less money and time would be spent chasing idealistic narratives
parabl retweeted
People building resilient economies on their own terms is literally what @techboiafrica has been talking about for years
These same convos about bottom-up economic development are happening across all emergent markets. We’re building the tools to accelerate this @parabltech
parabl retweeted
@parabltech fixes this
parabl retweeted
Crazy how strong the correlation between kWh per capita and GDP per capita is
@parabltech fixes this
parabl retweeted
sire @Nogoodtwts revealing the prototype of his new project @parabltech
all-in-one power and internet devices for leapfrog regions / developing nations
parabl retweeted
This is my friend's company. They are working hard.
“Building that last mile needs creative solutions if you’re in the business of bringing people online.”
insanely validating to see @bbgoriginals say exactly what we've been saying, with boots-on-the-ground examples
the future we're building is inevitable 🔋📡💾
parabl retweeted
If you’re already in Thailand you’ll likely find Keeks at some point - so say hi and tell him your energy/internet horror stories, it’s October after all.
@Nogoodtwts pictured here inspecting the monsoon resilience of Chang Mai’s energy and communications grid.
parabl retweeted
Through the @hwunconference I connected with a bunch of folks in Vancouver recently who might be a fit or have someone in their network.
Please share! @parabltech is working on connectivity / power / payment hardware devices that I’m exciting to see become reality!
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parabl retweeted
no one from @parabltech is at Token
we're too busy cleaning hot ends and babysitting our bambu babies
make of that what you will
parabl retweeted
I met with @techboiafrica in Austin during Consensus and it was hands down the most interesting conversation I’ve had at a conference.
The tech we’re building to “reach the masses” is useless unless everyone has infrastructure to access the tech.
Enter @parabltech ⬇️
