The metaverse market as a whole has been down for the last 3 months as we plod through this crypto "winter" - though it's worth noting that Decentraland is slowly closing the gap to Sandbox after its surge last year. But one trend in particular here sticks out -- the emergence of Decentral Games ($DG) coin, which is a project that focuses on casino-style...
The metaverse market as a whole has been down for the last 3 months as we plod through this crypto "winter" - though it's worth noting that Decentraland is slowly closing the gap to Sandbox after its surge last year. But one trend in particular here sticks out -- the emergence of Decentral Games ($DG) coin, which is a project that focuses on casino-style...
Inflation in the US markets hit 7.9% last month - while the Federal Reserve was claiming that inflation was "transitory" all of 2021, realizing the US dollar may be in risk of systemic collapse they finally started to consider the possibility of raising interest rates (it's been near 0% for almost a decade now) -- arguably their only weapon to combat inflation at...
Inflation in the US markets hit 7.9% last month - while the Federal Reserve was claiming that inflation was "transitory" all of 2021, realizing the US dollar may be in risk of systemic collapse they finally started to consider the possibility of raising interest rates (it's been near 0% for almost a decade now) -- arguably their only weapon to combat inflation at...
After the collapse of the Ruble in the wake of Russia's invasion of Ukraine this week Bitcoin has now officially surpassed the Russian Ruble -- according to CoinMarketCap: "Bitcoin has a market cap of approximately $835 billion while the ruble has a market cap of around $626 billion." MOEX -- the tracker for the Moscow Stock Exchange went dark after the...
After the collapse of the Ruble in the wake of Russia's invasion of Ukraine this week Bitcoin has now officially surpassed the Russian Ruble -- according to CoinMarketCap: "Bitcoin has a market cap of approximately $835 billion while the ruble has a market cap of around $626 billion." MOEX -- the tracker for the Moscow Stock Exchange went dark after the...
The Russian-Ukrainian crisis, the tanking of the Russian stock exchange (and its subsequent shutdown) has put the economic future of Eastern Europe in a very uncertain state. Why Zero-Knowledge Proofs like zk-STARK and zk-SNARK (combined with KYC and AML methods) might see a renewed interest in the crypto industry in the near future. (And probably for the longer...
The Russian invasion of Ukraine this week has prompted many people in Web3 to rethink what an NFT is and what it could potentially be used for. A look at what the CIA and Western powers did during the Cold War and how we could see another resurgence in "cultural production" methods in crypto-based projects in the wake of this crisis we see today. URL to Vitalik's...
The Russian invasion of Ukraine has caused the Russian stock market to collapse (as low as 50%), taking crypto prices along for the ride in a very clear way. As the news unfolds we're likely to see more divergences in the way individual coins operate, but for now, the patterns between Russian/US stocks and crypto seem to be moving in parallel. One thing to be...
A few months ago I argued that Dogecoin's numerous partnerships with various businesses out there (which now seems never-ending at this point) made it a perfect candidate to emerge as a crypto-based "stablecoin" in the Web3 ecosystem as a whole. Given the astronomical jump in 2020-2021 (almost 100000%+) and wild volatility that the coin typically exhibits, the...
A quick look at the new Onyx Lounge by JP Morgan in Decentraland (MANA) and where the existing economic activities in the metaverse are. (It might not be what you think.)
True Names Limited (ENS-based Non-Profit) fires its operations director. What kind of impact did it have on ENS's price? -- From CoinDesk: www.coindesk.com Over the weekend the Ethereum Name Service (ENS) community voted to remove Brantly Millegan as a steward because of a tweet he posted in 2016 that recently resurfaced. He will also be removed from his...
Even over its biggest competitor, SAND. Some of the enterprise money that were flowing in may have started to kick in, maybe? (Decentraland also does not do any marketing, which allows them to sustain through the harder times longer.)
Back in 2020, YouTube's #1 Creator, PewDiePie (Felix Kjellberg), announced that he would start streaming on DLive -- one of the first "working" crypto-based livestreaming service at the time. "Working" is in quotes since the partnership didn't last very long (YouTube eventually signed an exclusive rights deal with Kjellberg) and whether or not the platform is...
If you're looking for a long-term investment with a potentially high upside, the CHIA Network (XCH) has been slowly gaining ground in the crypto sphere among a few enthusiasts out there. Originally founded by the creator of BitTorrent, the CHIA Network has an entirely different validation system from Proof-of-Work (PoW) or Proof-of-Stake (PoS) and uses an...
There's a strange similarity in the way people trade and talk about NFT/metaverse assets and real-estate assets -- they're both measured in terms of "projected wealth", not cash. Anyone who has tried to sell a house before knows that finding a buyer isn't an instantaneous transaction -- it takes some time and planning to find someone willing to pay for it. Some...
Now that the Federal Reserve seems committed to raising interest rates in response to inflation (something that they denied was a problem during 2021) we're going to see a shift in the way money is talked about in the near future. What does this mean for crypto, and the greater economy, overall? - The US growth and assets markets have been driven strongly by the...
Now that the Federal Reserve seems committed to raising interest rates in response to inflation (something that they denied was a problem during 2021) we're going to see a shift in the way money is talked about in the near future. What does this mean for crypto, and the greater economy, overall? - The US growth and assets markets have been driven strongly by the...