gm to literally all brewers.
LFG!
Markets
Here are today’s market moves:
Here's what you need to know:
Vampire attack! X2Y2 vs. OpenSea and LooksRare
Vampire attacks are purely a crypto/Web3 phenomena. At their highest level, a vampire attack refers to a method for sucking users out of an existing platform into a competing one by offering some kind of incentive (typically tokens).
In X2Y2’s case, they are luring customers by allowing them to list 5 NFTs from different projects on their site and reward them with X2Y2 tokens as an airdrop! This airdrop is specifically for OpenSea users only.
My friend listed 5 NFTs and got about 1000 X2Y2 tokens which were about 0.56 ETH! 🤯 He spent a total of 0.01 ETH in gas. The airdrop is paused due to complaints about difficulties claiming the tokens and will resume within 24 hours.
The token can drop more than 80% if they resume the airdrop. Be careful. Not investment advice. DYOR. 🚨
LooksRare did a similar vampire attack last month where users were airdropped millions of $RARE tokens.
Twitter enables tipping in Ethereum
Bitcoin tips were already enabled on Twitter via the Lightning Network, but the addition of Ethereum is just another sign that Twitter is leading the way amongst the tech giants in crypto tech. Twitter was also the first social media to enable verified NFT profile pictures.
All we see is crypto adoption!
Wait a second, who in their right mind would want to tip ETH to their favourite creator along with those ETH gas fees? or are they using L2 solutions? 🤔
Now anybody can build a DAO
We stumbled upon Buildspace that allows anyone to build a DAO in a weekend.
No, seriously.
If you know a bit of Javascript (it’s fine even if you don’t), you can now get your hands dirty by building a meme DAO with friends or college book fund DAO. They have a thriving community of devs that help with the process as well.
The course teaches you about minting an NFT, creating/airdropping a token to your users/friends, public treasuries, and governance using a token.
Also, if you have never built a crypto app, they have a beginners guide to crypto apps over here.
US crypto holders surpass fiat holders
According to a recent study by Morning Consult, a global data intelligence company, the number of US citizens holding crypto (24%) has surpassed the number of citizens with a savings account (23%).
Check this out
TreasureDAO now has a complete job board called Treasure Talent for you to find your favourite crypto job. The Treasure ecosystem is scaling significantly and they're hiring for individuals across all teams (development, art/design, business and ops, etc.).
Start applying!
Did you hear?
Charlie Munger calls crypto a veneral disease.
Victoria's Secret has filed trademarks to enter the metaverse - and the retailer is looking to sell digital lingerie and other virtual goods.
Crypto lingo of the day
Gas Hands:
Inability to move ETH due to high gas fees.
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