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Love it or hate it, crypto’s vibe shift is now imminent -Breaking


Alison P. Davis, cultural critic, was last monthPubliziertAn article The Cut titled “A Vibe Shift is Coming. Will Any of Us Survive It?” The “vibe shift” Davis was referring to had nothing to do with crypto. She was referring to a sea change in pop culture and social trends, particularly in view of GenZ’s ongoing ascendance into trendsetting and cultural relevance. Nevertheless, her positioning caught my eye because she aptly put her finger on something crucial that I’ve also been feeling, particularly as it relates to crypto. The paradigm shift toward the next cultural moment — whatever it is — is perceptible, even if it’s not palpable. We can’t quite make it out, but we know it’s in the room. The concrete conditions haven’t shifted yet, but the vibe most certainly has.

In the days following its publication, “vibe shift” captured Twitter’s attention and, in many cases, its derision. Despite the absurdity of the name, the concept captures something very real in crypto. Ridiculous as it may initially sound, there’s a vibe shift happening in crypto.

Dominik SchienerCo-founded the Iota Foundation (a Berlin-based nonprofit foundation). He oversees partnerships and the overall realization of the project’s vision. Iota, a distributed ledger technology that is used in the Internet of Things, is also a cryptocurrency. He also won the biggest blockchain hackathon held in Shanghai. He has been focusing on Iota to enable the machine economy for the last two years.