JR
Jon Ray is the Community Manager at SmartCoin. He discusses the platform's high yield APR farm, game theory mechanics, and gamified DeFi features built on the AVAX blockchain.
1Interview
2021First on the show
Nov 2021Latest appearance
19 minOn camera
18:32
Latest interview · Nov 27, 2021Jon Ray discusses game theory behind SmartCoin's DeFi platformWatch the episode →
In their own words
“We're talking about APRs in phase one that were as high as 25,000 percent and in this latest iteration we're already seeing 4,000 APRs which is basically about 11 a day on your money.”
Key points from the latest interview
- SmartCoin combines a high-yield APR farm with game theory mechanics across ten mystery phases to incentivize cooperative community behavior over selfish market actions.
- The project uses memetic marketing tied to Netflix's Squid Game series to create community engagement around solving clues and puzzles about future developments.
- SmartCoin claims to be the fairest crypto launch by distributing emissions equally to early investors and everyday participants without insider advantages.
- Wallet reputation is a planned gamification feature designed to discourage whale dumping and reward long-term holders who follow cooperative strategies.
- The development team allegedly includes a Harvard professor and high-level developers from Trader Joe and Avalanche, though specific identities remain unrevealed.