[miscellaneous]

> a link to the white paper. no idea what this does/use case

From the white paper:

"Velocity is an automated system for hedging risk on asset prices. It allows anyone to establish and participate in a marketplace on publicly accessible price feeds. The platform enables hedgers and speculators to take part in a market that reduces the threat of systemic risk."

Hedging against exposure to fluctuations in asset prices is very useful and necessary to many businesses.

[vonklaus]

right. not to be unkind but i follow ethereum and i dont have time to read every whitepaper that comes out. unless there is a good website that explains how and why, it doesn't matter what the technical details are. i skimmed the whitepaper before i even posted, its just that when twitter/facebook ect launched or even simple bank or wealth front for something fintech they weren't:

* send text to internet, read whitepaper.

* banking, read the whitepaper

* easier investing, wp

they explained what they did, which was not only obvious because they were way more traditional, but neccessary.

so i don't care about another derivatives play in the space that didn't put a what we do section in

edit: if i have to read your whitepaper to figure out why i would use your product you lost. every blockchain company releases a whitepaper, but they need to build community and security. id think it was astroturfing/sabotage if not for the 1990s