Since the launch of Bitcoin in 2008, Crypto has presented an endless amount of white space with imaginable and unimaginable market opportunities, often with the mobile at the center of art in play. S2222
Liminal, single wallet
The startup has built a unique wallet architecture focused on secure storage of digital assets, raising $ 4.7 million in its start-up funding round. It claims to be the first wallet architecture to provide secure multiparty computing, or MPC, and multisignature wallets, which require two or more private keys to sign and send a transaction, to secure digital assets on various blockchains. Liminal provides services to clients such as stock exchanges, banks, hedge funds, and addresses their primary concern about maintaining key security while maintaining compliance.
Do your best
The startup uses blockchain technology to help brands build customer loyalty without having to rely on buying expensive ads on third-party social media platforms. Brands use TYB, built on the Avalanche blockchain, to create their own on-chain communities of loyal customers. Through TYB, these brands can reward their customers for joining the community with virtual coins, equivalent to loyalty points, which they can redeem for physical products.
When brands use platforms like Instagram to build communities, they do not own the relationships with their customers and can be severely affected by ad prices and changes in the user interface across the industry platform.
Decentralized social network
Peer is building a decentralized social network designed to be the Web 3.0 version of Facebook. Think of Facebook, but… with a symbol that rewards creators, with users who own their own data, with a different kind of business model. Peer builds his social network on top of his own blockchain, which is designed to be even faster than Solana and Avalanche. The tool token that drives the ecosystem and rewards creators will be called the Peer Metaverse Coin or PMC, to be launched later this month in June 2022.
Thinking about what to build for the metaverse
All of this is still in its early stages, making it difficult to predict exactly what will create the greatest and most lasting value. Nevertheless, it is still possible to reason about what could create value for users in our ever-expanding digital space. The value of these spaces is determined by the activities people want to do there and how the capabilities of the digital space support these activities.
People have been talking about the concept of “digital real estate” for decades. Historically, the phrase referred to a limited space, often dedicated to advertising, on a given publisher’s website, such as the New York Times website. Today, people have become accustomed to centralized entities and attention aggregators like Facebook and Google owning many of these spaces that they rent out. Digital real estate has always had value. What is different about web3 is that digital asset paradigms such as non-fungible tokens (NFTs) allow individuals to uniquely own and not just rent specific digital real estate and land and locations.metavers for private or shared use.
Given that the digital space in theory can be expanded indefinitely, skeptics can still wonder if the concept of “owning” digital land or buildings makes any sense at all. But metaverse platforms have their own forms of scarcity: for example, there is not much space on the wall of a digital building, and thanks to geography, there are only a limited number of buildings. near equipment such as a virtual concert hall or a resource deposit such as a geyser … But at the same time, the distance may be less important thanks to the possibility of fast travel or teleportation. So what matters when you think about the value of meta-converted land and real estate is how people’s activities inform about its use.
Market in May for NFTs
Consistent with the overall performance of the crypto market, activity in the NFT markets decreased in May. Daily users and daily transactions were relatively flat with -7% and +1.1% MoM, respectively. However, NFT volume experienced a sharp decline with a daily volume decline of -87.1%. Kraken has announced a waiting list for the Kraken NFT marketplace. Kraken NFT offers zero gas fees for trading activities, built-in tools to track NFT shortage results. The National Football League (NFL) has partnered with Mythical Games to launch its own play-to-earn game running on the Mythical Chain protocol. The launch begins with the sale of 32 themed franchises.
DC Comics launches its own NFT marketplace
The legendary comic book publisher DC Comics launches an NFT marketplace. They announced a beta version of the market, which is now live. The first projects, including “The DC Bat Cowl collection”, are now available online. There are big plans for DC Comics’ huge ecosystem, and the introduction of the Beta Marketplace is just the beginning. The 20,000 NFT holders will vote on the story, characters and art from DC Comics magazine.
Book your hotel using NFT
Casa de Campo Resort & Villas customers can now buy and sell their hotel room reservations as NFT. The hotel works in collaboration with Pinktada, the reservation service specialists. Pinktada users can purchase Room Night Tokens (RNTs) to book rooms at hotels in the Caribbean, Mexico, San Francisco and Hawaii using the ETH cryptocurrency. The company behind the NFT RNT hotel program believes the technology will help people gain more flexibility in their travels. Canceling your vacation is stressful and often there are many terms and conditions that apply to how and when you can cancel your room. In some cases, a hotel room is non-refundable. But with NFT technology, there may be more options available.
Prada launches NFTs
Prada is one of many luxury brands launching NFTs, including Lancôme, Balenciaga and Gucci. Luxury fashion brand Prada launches NFTs that are available for free to those who purchase items from their Timecapsule initiative. NFT will be part of the brand’s ongoing Timecapsule initiative, originally launched in December 2019, which offers limited edition physical products on Prada’s e-commerce site on the first Thursday of each month. NFTs will give owners exclusive access to perks and experiences, all of which will be revealed on Prada’s new Discord server “Prada Crypted”, which will also be launched on Thursday.
Provide bitcoin legal tender
El Salvador’s decision to make bitcoin a legal tender has had repercussions around the world, and there are rumors that several other countries may follow suit. But El Salvador’s bitcoin efforts go far beyond the question of legal tender, and it may cause some proponents to misunderstand what “legal tender” really means. El Salvador is the first, but certainly not the last in this game. Bitcoin is the way to increase economic inclusion, especially when almost everyone has access to at least one phone, even though there is only one per household. Mobile phone penetration in Latin America had reached 100%. This is enough to access the cryptocurrency market, but not enough to open a bank account.
People began to lose faith in the government and the central banks. In 2001, for example, Argentina froze all bank accounts and allowed only small withdrawals from accounts denominated in pesos. This was not the first time the government took such an action. Unfortunately, the list of such events in the history of Latin America is endless. The lack of confidence in the public system has caused an increase in the monetary economy. Economically excluded citizens do not want to become inclusive because they simply do not trust the banks. When you know that the crisis is hitting at any time and the government can freeze all your accounts, you feel safer by storing all the money somewhere else.
BlockFi redefines banking
Blockfi was launched in 2017 and they now have over 850 teammates with over 500,000 customers!
Interview with co-founder Flori Marquez says one of the main reasons she founded blockfi was to give people around the world greater access to financial services. Traditional financial systems have always been exclusive, and they strive to help women bridge the gender gap in the cryptocurrency industry through education and simple, user-friendly products. The latest results from their “Women x Crypto 2.0” survey show that 1 in 5 women believe that crypto can help them achieve their financial goals.
Women x Crypto 2.0
Women see crypto as a way to achieve financial goals. BlockFi asked American women about their current motivations, behaviors, and dispositions regarding crypto-investment, financial well-being, and career desires.
- 92% of the women surveyed have heard of crypto, and almost every fourth (24%) already owns it. Conversely, 80% still find crypto confusing and 72% think it is too risky to invest in it.
- Nearly one in three women surveyed plans to buy crypto by 2022. 60% of respondents say they plan to buy crypto within the next three months.
- One in five women surveyed believe that crypto can help them achieve big and small financial goals – most often finance a holiday, retire on time or buy a home.
- Bitcoin (14%) is considered, compared to gold or silver (16%) and individual stocks (13%), to be the best long-term investment, although real estate is far from being considered the best (41%). Only 4% believe that NFTs are the best long-term investment.
In a list of some of the most popular sectors, 1 in 10 women surveyed believe that crypto is the most promising career sector. This is double the number of respondents who said fintech.
15% of women surveyed are interested in a career in crypto, with 1 in 10 planning to apply for a role in a crypto- or blockchain-focused company in the next year.
Nearly half (49%) of respondents use friends and family to find job opportunities – more than job boards, professional networks, LinkedIn and Twitter.