January 20: Crypto Summary
Google enters the chat. The NFT world is evolving rapidly.
gm frens! ☕️
We are all very early.
Markets
Here are today’s market moves:
Here's what you need to know:
Your next ticket to Coachella could be an NFT
That’s what @afterparty just announced - the world’s first token-gated festival taking place in Las Vegas on March 18th and 19th. NFT owners can also bring a +1 and in addition will be gifted 2 additional single-use NFT passes which they can give away or sell if they choose to.
The concept is very similar to our previously mentioned WhitelistNFT where passes of a particular event would be in the form of an NFT aka mint pass.
The events are crap and want your money back? Sell your NFT.
Not interested in this event? Chose from 100 other events just with your NFT.
Last-minute plans canceled? Give your wallet credentials to your friend so that they can attend!
It’s flexible. It’s your membership. That’s the beauty of NFTs. It’s not just “digital art”.
Things to say to avoid red portfolio embarrassment (Part 3)
Here's a list of less embarrassing reasons instead of saying you lost it on crypto:
I bought a new home to live in but I forgot the address of where it is.
I traded it all for magic beans in the hope of a beanstalk growing in my garden and allowing me to find the golden goose.
I scratched my leg and went to the ER without having insurance.
POAP raises $10 million
When NFTs couldn’t get better, POAP, which stands for Proof Of Attendance Protocol, is a startup that’s creating a way for people to access blockchain-based rewards simply by scanning a QR code in the real world. The protocol will also include other tools including Ethereum-backed polling, raffle contest mechanics, and private chat verification tech. POAP recently raised $10 million in funding, which it plans to use to invest in its platform and application layers.
Google cards to store bitcoin and crypto
Google is slowing sliding into Bitcoin and cryptocurrencies as the company’s payments division struggles to gain significant market share in the payments industry and touts adding custody capabilities of such assets to its digital cards.
Google’s digital cards might soon enable users to hold bitcoin and spend fiat. The company has formed partnerships with Coinbase and BitPay to enable the functionality.
Ethereum ecosystem 101
If you or your loved one is new to the crypto space and hungry to learn, we recommend reading the below thread.
It’s simple and to the point. Just like Crypto Brew ☕️
Did you hear?
AMC has given out free NFTs to more than 580,000 shareholders. The NFTs were minted on WAX.
Tom Brady’s Autograph NFT platform, Autograph, raises $170M in venture capital from the likes of Andreessen and others.
Crypto lingo of the day
DYOR:
Do your own research. Usually, it means looking at the logos deciding which one looks cooler and dumping all your hard-earned money into it. Please don’t do that.
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