Sup, nerds!
Hereโs what youโre getting in todayโs edition:
Terms used in this edition (click for an explanation, or ask Web(GPT)3!):
NFTs
In one sentence: 'Builder' (a new plug-in for game engines like Unity and Unreal) is about to make building and playing games waaaay easier!
Do you know how to code a button on a website?
Neither. But who cares!
Web designing platforms have gotten so good, that even if you're building a web site, all you need to know how to do is drag n' drop.
Late last year, we played around with a few game development engines and two things became very clear:
Looks like we may now be able to label that second point as 'Moot.'
The crypto development platform, Sequence, has launched what it's calling 'Builder,' which is a simple game development plugin that packs a punch.
Here's what it does:
If this thing can live up to the hype, it means Web3 games are about to get a whole lot easier to build and play!
We're here for it.
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In one sentence: Ronaldo teamed up with Binance to promote a series of NFTs in mid-2022, now he's being sued for promoting unregistered securities.
Yesterday, Seb forgot to mute his mic on a group call and was caught singing Cotton Eye Joe.
(And, like, with a weeeird amount of earnestness).
Later that day, our intern, Kevin, claimed he was going to sue for "emotional damage."
His reasoning?
"It'll act as backup if this Cristiano Ronaldo class-action suit I'm a part of doesn't go my way."
We, like you, had no idea what he was on about.
But turns out, Cristiano Ronaldo (the soccer player) has a class-action lawsuit against him.
Hereโs how it happened:
Ronaldo teamed up with Binance to promote a series of NFTs in mid-2022.
This launch helped Binance to grow in popularity, onboard people into Web3, and more specifically: onto Binanceโs platform.
The complaint claims that as a result, people were influenced to purchase unregistered securities, including Binanceโs BNB token. Which is no bueno.
The suit also claims that Ronaldo should have known better because he has investment experience and resources for advisors.
Does the suit have any legs?
No idea, we're not lawyers.
(But it feels like a reach, right?)
CryptoPunks are ripping this year - up 70% to $115,000 from $68,000 less than 60 days ago.
Rare Punk sales are back in the mix too - five Punks have sold for between $700k-$1.4M each this year.
You can view these sales (and all top sales) on the CryptoPunks.eth marketplace.
Theyโre the leading, Punks-exclusive NFT trading platform.
Punks collectors, traders, and enthusiasts rely on CryptoPunks.eth to get the best trading experience possible:
BROWSE PUNKS FOR SALE |
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In one sentence: Mainstream crypto advertising might be back and the Helium Network may have product/market fit with university students.
Wow, ok.
So, a few things to note here:
What're we on about?
The crypto-powered mobile network, Helium, has just been named the Official Wireless Sponsor of University of Miami.
Helium is made up of a network of Wi-fi looking hotspots, that share mobile data and phone signal - all of which are operated by everyday people, who earn crypto tokens for supporting the network.
(And when phone users arenโt within range of a hotspot - Helium taps the T-mobile network).
Working largely outside the existing system like this means Helium can (somehow) offer:
An unlimited, contract-free phone plan for $5 per month.
(Wild right? Unfortunately it's only available in Miami).
And that's where the product/market fit comes in...
Because who hates commitment and loves saving money more than college students?
(We're not affiliated but this video is really well done)
โ
Alright, thatโs it for today!
Love to the family,
โChevy, Seb & The Web3 Daily Team.
P.S. Want to learn how to research and value cryptocurrencies? We have a bi-weekly publication that does just that.
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