Gm frens
LFGGG
Markets
Here are today’s market moves:
Here's what you need to know:
What happens to your crypto when you die?
We have crypto in 8 different wallets. Can’t keep all eggs in one basket, no? But what happens if one day we die?
Fortunately a few startups are trying to solve this problem. For example, Sarcophagus is a decentralized, open source dead man's switch.
Basically, it works like this:
Embalmer = User who creates a sarcophagus (dead man’s switch).
Recipient = The ETH address that will have access to the file once you are dead.
Archaeologist = Third party incentivized node operators. They basically run a piece of code to find your encrypted files.
Curse = The agreement between the Embalmer and Archaeologist, giving the Archaeologist a bounty for the work done. They need an incentive to break the code!
Resurrection = The time the outer layer of the sarcophagus will be decrypted if not attested to. Basically, they unlock the wallet for the recipient and provide them with the crypto.
Pretty interesting.
Is this how future ‘The Mummy’ movies are going to be made?
More free NFT drops!
Everyone loves free stuff. More if it’s an NFT.
Free Guys is minting sometime in January 2022. Nothing more has been disclosed yet. Check their pinned post. The concept is amazing!
Edgehogs too is giving away 666 free NFTs + gas to those who enter their whitelist spot. First come, first serve.
Non of the above is sponsored. We just like free stuff and wanted to share!
If you are someone who wants to start their NFT journey, look out for free NFTs and you’d only have to pay gas fees (varies from $10 to $30 and sometimes higher).
Not financial or investment advice. As always, do your own research.
Almost 70% of US crypto holders started investing in 2021
Almost seven in 10 US crypto holders started investing in cryptocurrencies in 2021. This is according to a survey conducted by Huobi Group. It found 68% of US crypto investors only started doing so in 2021.
That’s some substantial growth! We guess many of the investors jumped in on the NFTs and ‘metaverse’ trend.
Frens, we are in the ‘Apple’ and ‘Google’ era of the stock market. Bet long on crypto!
Financial freedom with crypto
Your 9-5 + crypto = freedom.
1. Use your 9-5.
2. Don't let your 9-5 use you.
3. Use the job to invest regularly. No short-term trading!
4. Dive deep into the rabbit hole. Crypto Brew is here to help.
5. Establish passive income through DeFi.
And frens, always remember, invest only what you can afford to lose.
Did you hear?
UFC heavyweight champion, Francis Ngannou, considers accepting 50% of his next fight purse in Bitcoin.
Crypto lingo of the day!
Gas fees:
Not the gas that is generated after you eat tacos. A fee that developers have to pay for transactions. You may hear things such as "omfg these fees are killing me" and "I need to take a loan to move my 0.001 ETH".
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