avatarGloria Oh

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gital pieces of art as NFTs. If you are not yet familiar with NFTs, <a href="https://readmedium.com/are-socks-the-new-tulips-4825ab13695b">here’s</a> a quick 101 on them. Over one weekend, with pieces selling from 10s to 100s of thousands of dollars each, Beeple — an ‘average’ dad driving an ‘average’ car — netted 69 million.</p><p id="457e">That, is why you should know of the name Beeple. And why NFTs might be a trend you want to learn more about.</p><p id="f997">Why would anyone buy the ‘digital’ artwork, you may ask? Good question. After all, I just snipped a photo of it above, and pasted it right here, for free, where you also enjoyed it, also for free.<b> So why would someone pay up to 777,777 for one digital artwork, when we can all have access to it?</b></p><p id="9f8f">The sense of ownership, proprietary rights to the ‘original’.</p><p id="1545">Still doesn’t make sense? Well, you are not alone. And not wrong. It does not really make sense.</p><p id="2427">The world is going places we do not yet understand.</p><p id="5b1b">Stay with me for the ride!</p><h2 id="d280">Enter Liink.</h2><p id="735e">And JPM Coin, and Onyx, and Format, and Confirm.</p><p id="83cc">JP Morgan is on top of this.</p><p id="14b8">Here are the cole’s notes.</p><p id="a5ce">A couple of years ago [yes, already], JP Morgan created JPM Coin, a digital coin used to speed up transactions and transfers of USD across the network, built on an Ethereum network they called Quorom. JPM Coin is stable coin, pegged 1:1 to the US Dollar [<a href="https://readmedium.com/three-crypto-trends-to-get-into-early-5cf090b07334">here</a> is a simple explanation of stable coins].</p><p id="1047">If you are asking, why would JP Morgan need a blockchain network to simply trade coins where their value 1:1 US Dollar? Well;</p><ul><li>the coin can be exchanged between entities digitally, instantaneously, without the intermediate ‘processing’ period we sometimes have to get our money transferred.</li><li>To transfer a digital coin, you need a blockchain platform. Hence Quorom.</li><li>Because it is cool and they wanted to get into this! So ‘cool’ that some digital coin enthusiasts don’t even recognize this one as a true digital coin — discrimination in digital coins already!</li></ul><p id="7650">Once they set up Quorom, JPM started a payment messaging system, Liink.</p><p id="1759">The “IIN” in the middle stands for interbank information network. Any bank which joins this network can have access to the ledger of transactions done on the network, i.e. can see every payment which went through on Quorom.</p><p id="e47f">Also using Quorom, JP Morgan went on to start new tech-enabled solutions such as Confirm and Format [JPM seems to be into puns].</p><p id="1124"><b>Confirm </b>is used to validate account info before payment is done, this is so costs are not wasted on potentially fraudulent transactions. <b>Format</b>, you guessed it, checks if the format for payments match and conform to the receiving party’s country’s requirements.</p><p id="2f5f">Today, JPM no longer ow

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ns Quorom, it spun it off and invested in the new owner — ConsenSys — so it can remain independent as it creates more tech solutions.</p><h2 id="c8e1">Next up: Diem.</h2><p id="000b">Diem is Facebook’s digital currency — because, why not.</p><p id="ebaf">Facebook has been trying to get regulatory approval to issue its own stable coin, on its own payment network, Diem Association, for a while. It finally got approval last month.</p><p id="d413">Why is this one in particular an interesting one to watch, especially since it seems everyone wants to issue their own coin? Exhibit A [or F!]: Amazon made a similar announcement recently.</p><p id="3ed3">A Facebook coin has one major advantage — its potential customer base. Diem in itself is ‘just another stable coin’. Facebook however has almost 3 billion users. If, say, 15% of these users adopt Diem, it will far supersede the use of any digital currency so far, including Bitcoin. It will also make it a lot more ‘mainstream’ given the on-the-ground average-person users of Facebook.</p><p id="aedf">Worth keeping an eye out for. Might change the digital currency story.</p><p id="3be4">So, less awkward intro than you expected, I hope? Willing to go for another date? My guess is ‘crypto’ will keep us interested for a few more.</p><p id="2b4a">Quick note, some stories above are not as recent, e.g. JP Morgan’s plays. I included them because the stories continue to evolve, and these terms are making it into mainstream media; this gives the background of what you might come across more often now.</p><p id="f261">Keep watch for more crypto news, and shoot me a response if you want to learn of anything in particular.</p><p id="d2e8">Feel free to join my newsletter <a href="https://www.getrevue.co/profile/ialmouaswas">here</a>, where I send a summary of my weekly articles, usually including one crypto-based.</p><div id="e0c4" class="link-block"> <a href="https://readmedium.com/are-socks-the-new-tulips-4825ab13695b"> <div> <div> <h2>Are SOCKS the New Tulips?</h2> <div><h3>How socks became digital and memes became coins.</h3></div> <div><p>medium.com</p></div> </div> <div> <div style="background-image: url(https://miro.readmedium.com/v2/resize:fit:320/1*kvKzo_U2ugHXMvGyulkurw.jpeg)"></div> </div> </div> </a> </div><div id="8299" class="link-block"> <a href="https://readmedium.com/three-crypto-trends-to-get-into-early-5cf090b07334"> <div> <div> <h2>Three Crypto Trends to Get into Early</h2> <div><h3>Get ready to pick your favourite content creator.</h3></div> <div><p>medium.com</p></div> </div> <div> <div style="background-image: url(https://miro.readmedium.com/v2/resize:fit:320/1*E7hcmlmlYS2afQMj4q9TpQ.png)"></div> </div> </div> </a> </div></article></body>

An Ode to Lists

And how to publish your very own on Medium

My annual spring cleaning came late this year, no doubt a consequence of emerging from what feels like a collective pandemic-induced slumber. But I’m happy to report that I’ve gotten past the inertia of tackling certain long neglected domestic projects: decluttering my closet, organizing haphazardly strewn books, and finally getting around to painting my retro green kitchen to a more aesthetically soothing sage green.

Maybe you subscribe to certain life hacks or systems that help you organize your life — Marie Kondo’s, “but does it spark joy?” philosophy, for instance. I’ve personally found the most effective approach to tactically get stuff done means returning back to basics. Behold, the power of The List!

Creating lists, and sorting them by theme and topic, has helped me break down my to-dos into its component parts to help make any task at hand appear far less daunting, more manageable, even insightful. (Of course there’s also the pure relish that comes with crossing off your to-dos, one by one.)

Lists, in short, are an awesome way to organize and declutter your thoughts or to signal what is important to you — to make sense of connections, associations, and great ideas. Which is why I’ve been super excited to experiment with the beta lists feature that enables anyone on Medium to organize their very own collection of stories.

With lists you can curate stories and provide commentary on your selections: from recommended reads within your topic or area of expertise, personal favorites, to themed lists around stories that inspire you. Your lists will appear under the list tab on your profile.

Here’s how to get started with lists

Medium’s group product manager Jacqueline Yue wrote a helpful 3 Min Read explainer, which walks you through the beta lists feature, step-by-step:

The beauty and function of lists is also in the eye of the list-maker, so I’ve taken the liberty of showcasing a few of my favorite lists and their use cases that I’ve spotted from writers and editors across the Medium community.

Lists are a useful way to showcase your portfolio of work and expertise

I’ve noticed many writers pinning an index, or table of contents, to the top of their profile, to showcase their interests and expertise. Now, you can easily create lists to help others explore collections of your work. For example, writer and editor Stephen Moore, curated separate lists for stories he wrote for publications, Marker and Forge:

Marker Column: Trend Mill — An ongoing series diving into business, branding, and marketing trends

Forge Collection: My work published on Forge, covering ideas, creativity and more

A portfolio doesn’t always need to feature work with your byline. It can also spotlight pieces you’ve helped shepherd to life as an editor, art director, designer, etc. Creativity, after all, is often a collective endeavor or team sport. Here’s a curated list of pieces I enjoyed help bringing to life: Featured articles from Medium’s #StopAsianHate blog

Editor’s pro tip: try and create a meta-narrative when creating your list so that readers can scan the list and better understand the broader topic.

Writer and director, and all around creative, Julio Vincent Gambuto curated a list based on his own experience: For Freelancers: A quick collection of my series “Friday Freelancing,” which offers tips and advice for freelancers and independent contractors of all kinds.

Lists are a great tool to surface trends, the greatest hits, or “best of” type of stories

Lists help validate why an idea is actually part of a greater trend; they also contextualize why something is important. For example, brand strategist Tabarak Khan curated stories that highlight how we thrive on and fight capitalism at the same time in her list, It’s Not You, It’s Capitalism.

If you’re an avid reader, you might gravitate towards book lists curated by your favorite bloggers or respected book critics to help you make informed decisions about your next selection. Medium’s director of author venture Sarah Begley shared a list of nonfiction authors who have published excerpts on Medium and have won awards for their work.

When organized by larger themes, lists can serve as a mood board to inspire and spark more creativity

Health and science editor Kate Green Tripp does a great job of creating themed lists that cover everything from Love & Wisdom to Weird Science, Tech Takeover, and Human Patterns.

Author and creator Tiffany Jana curated a list about areas in their wheelhouse: Justice, Equity, Diversity & Inclusion (JEDI). “Justice, antiracism and allyship, like love, are action words,” Jana says.

Sometimes we just want a place to feature our longstanding favorite, bookmarked reads to share with others

There are so many gems on Medium, and many of us frequently rely on the popular ‘bookmark’ feature to save and archive our favorite reads:

Faves: A few of my favorite Medium posts, Harris Sockel Favorites on Writing, Arwyn Clark My Medium faves: A very incomplete list, Matthew Savener

Why not create a list of your favorite reads to share with followers, friends, and loved ones? Now, thanks to lists, you have the option to share your very own editor’s picks.

Got any questions? Visit Medium’s Help Center for more on lists.

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