Welcome to the Tech Meme Ride Home for Thursday, October 20th, 2022.

I'm Brian McCullough today.

The Big Salana Challenger had a terrible first day of trading, previews of the new Thunderbolt

standard reviews of the new Raptor Lake chips, Uber takes a page out of the New York City Taxi

playbook and the first hands-on quasi review of Meta's high-end

VR headset. Here's what you miss today in the world of tech.

Let's see, can I work in a Liz Truss analogy here, a Liz Truss joke? I guess that's probably

a bit thirsty, but still like a Prime Minister who can't outlast a head of lettuce, this is not

the sort of launch you like to see if you're a big crypto project.

According to Coyne Gecko, the Aptos token fell 40.5% on its first day of trading.

Aptos's layer 1 blockchain was panned in the run-up to the launch for opaque

tokenomics and a low transaction throughput,

quoting Decrypt.

The native token for the so-called Solana Killer

currently trades at $8.06 after dropping more than a third of its value

since the platform captured the first trade at $13.73.

Aptos' new Layer 1 blockchain launched on Monday but was widely panned for its opaque

tokenomics, inconsistent communications, the discord was briefly frozen, and a significantly lower

transaction throughput than promised.

Aptos did eventually release

tokenomics for the APT cryptocurrency but the reveal attracted even more

criticism for the high allocation 49% to developers and private investors, giving rise to quips that the network

...