And... who controls the gods of the cryptoverse?
Picasso Enters NFT Market, Metaverse State Open, Diem moves towards failure, experts divided on Bitcoin price and much more...
Dear Tokeners,
We are in the Ecuador of the week, and as you know, we like to make you think a little... Today we bring you a question, we do not know if it is rhetorical or not, but the question is:
Who are the gods? Well let us explain...
And for that, let's take a look back 👀. Once upon a time… we all saw how internet was born. An idyllic system in which everyone could express themselves through open platforms, collaborate on projects, work remotely...
Everything was cool, until the gods of Olympus-net began to appear. We mean: companies that, by betting on a revolutionary model at the time, took over the hegemony of the search market, advertising, social platforms, and a long etcetera.
Surely you already have a few names in your head. And yes, they will coincide with what we are thinking. The different governments, which continue to cling to legislation and policies based on borders, have been struggling for years to regularize the behavior of the “big ones”, with some success in some cases, and with no success in the other.
If you are wondering what all this is about, we will tell you: in line with a news article that we published here today, "Diem, from Zuckerberg, is weighing the sale of his assets after the failure of his stablecoin plans." Why? Well… due to privacy and monetary sovereignty reasons.
Think about it... imagine Facebook, Instagram, Meta... imagine that you could only operate within its universe with its currency, for example... wouldn't this imply unfair competition? Wouldn't that imply an obvious law of advantage?
And Google❓ (confess it, you were thinking about it…). Google is smarter. Just six months ago, Google began accepting cryptocurrency wallet ads, loosening a two-year-old cryptocurrency ban that only allowed a few well-regulated exchanges to enter its advertising platform.
Now, it is creating a new blockchain division and partnering with cryptocurrency companies, such as Coinbase and payment processor BitPay, to add crypto payment capabilities to its digital debit cards.
But… do you think he's going to stay here? Really?
Well, we have sown the seed... it's up to you to reap it as you see fit ;-).
In addition to all this, today we are talking about a former Goldman Sachs banker, who launches a cryptocurrency application after raising USD 33 million, about the descendants of Picasso, who are launching into the NFT market, about the awakening of the Metaverse, about Madonna, Beanie, Rug Radio and CryptoSkulls, 5 NFT Events Trending on Twitter, and a whole lot more.
We hope you are interested, you like it, you have fun reading it, that you share and... 👇👇
State of the Open Metaverse 2021/22
The Metaverse Awakens
The word metaverse is now firmly on the lips of journalists, business executives, startup founders, and venture capitalists. The differentiation between open and closed environments and where the various frameworks fit in is not yet widely known. The Web 3 community has collectively worked for nearly a decade now to build and support infrastructure to fix what’s broken about the digital economy and the web. Still, it’s important to remember that there’s no silver bullet.
As these events unfold we are increasingly convinced there are two versions of the Metaverse emerging; a permissioned one made, owned, and controlled by Big Tech and the permissionless open one built on Web 3 and crypto. As pioneers and active participants in this online world, it’s on all of us to remember we can build a better web, a metaverse for our children to grow up in. We can unlock value and liquidity trapped in platforms never before accessible. We can take back control of our own data without giving up the luxuries of the internet that made it so innovative. The technology is there. The next step is embracing it.
Reintroducing The Open Metaverse OS Paper
Read more: 👉 outlierventures
Ex-Goldman Sachs banker launches crypto app after $33M raise
Adam Dell, brother of the billionaire Michael Dell, has pinched an impressive team to help get the project started.
The former head of product for “Marcus by Goldman Sachs” has launched a crypto investing app, “Domain Money,” raising $33 million from investors on Tuesday.
Adam Dell, brother of Dell computers tycoon Michael, assembled a team of 25 former staff members from Goldman Sachs. Other staffers are leaving their roles at Bridgewater Associates, Morgan Stanley, Coinbase Global Inc. and BlockFi. Former Goldman Sachs chief technology officer Elisha Wiesel, and Christopher Giancarlo, the former chairman of the Commodities Futures Trading Commission have also been tapped to join the project.
The app is targeted at retail users, who will be charged an annual management fee of 1% for actively managed and curated investment plans. The app features real-time market intelligence, live customer agents as well as social sentiment analysis.
Follow 👉 CoinTelegraph
Turkish president orders ruling party to organize metaverse forum
Turkish officials have recently identified the metaverse as a priority area for policy development.
Turkish President Recep Tayyip Erdoğan and ruling Ak Party officials met earlier this week to discuss the metaverse, with the president calling for comprehensive research on the subject.
Erdoğan has reportedly urged the Ak Party to study the metaverse, cryptocurrencies and how transactions are made using them, according to a Daily Sabah report.
At a meeting on Tuesday, party leaders were instructed to research the phenomenon with significant ramifications for the future. The economic aspects of the metaverse, cryptocurrencies and social media are likely to be addressed at a forum that will be organized by the ruling party.
Rear more 👉 CoinTelegraph
Madonna, Beanie, Rug Radio and CryptoSkulls: 5 NFT events trending on Twitter
OpenSea transaction volumes are booming again, a certain influencer was “cancelled” and Madonna might be on the verge of buying a Bored Ape Yacht Club NFT.
There is no denying that pop culture has entered the NFT space in full force. The World of Women collection created by Yam Karkai has followed in the footsteps of Bored Ape Yacht Club (BAYC) by signing with a big-time Hollywood agent, and Madonna was propositioned to buy a blue chip NFT and she might be giving the offer serious consideration.
Many new entrants are influenced by celebrity endorsements, yet the community proclaimed “OGs” are bullish on “historical NFTs” and are allegedly not swayed by hype. However, when entrepreneur Gary “Vee” Vaynerchuk purchased “CrytptoSkulls,” a resurfaced 2019 “historical NFT” for 100 ETH, the market for pixelated skulls surged.
Read more: 👉 cointelegraph
Picasso heirs launch digital art piece to ride ‘crypto’ wave
Heirs of Pablo Picasso, the famed 20th-century Spanish artist, are vaulting into 21st-century commerce by selling 1,010 digital art pieces of one of his ceramic works that has never before been seen publicly — riding a fad for “crypto” assets that have taken the art and financial worlds by storm.
For an exclusive interview before the formal launch this week, Picasso’s granddaughter, Marina Picasso, and her son Florian Picasso opened up their apartment — which is swimming in works from their illustrious ancestor — in an upscale Geneva neighborhood. There they offered up a glimpse, however tantalizingly slim, of the piece behind what they’re billing as an unprecedented fusion of old-school fine art and digital assets.
They’re looking to cash in on and ride a wave of interest in so-called non-fungible tokens, or NFTs, which have netted millions for far-less-known artists and been criticized by some as environmentally costly get rich schemes.
😲➕🔗 APNews
Zuckerberg's Diem reportedly weighing sale after stablecoin plans falter
It looks like Meta is planning to jump ship, with inside sources saying that the crypto initiative is trying to sell its assets.
Meta-backed crypto initiative “Diem” is reportedly trying to sell its assets, seemingly calling time on Facebook founder Mark Zuckerberg’s grand ambitions for a stablecoin to act as the internet’s currency.
Diem — which was previously known as Libra — is Meta Platform’s cryptocurrency initiative. According to insider sources speaking with Bloomberg, it is considering selling assets to return capital to its investors.
Read more: 👉 cointelegraph
Bitcoin pundits split over BTC floor as Bloomberg analyst eyes bounce
The jury is out on what data to trust when it comes to Bitcoin putting in a local price floor near — or below — $30,000.
Bitcoin (BTC) could still fall under $30,000, but some prominent sources are already calling the end of the latest bearish turn on BTC/USD.
In a tweet on Jan. 25, Mike McGlone, senior commodity strategist at Bloomberg Intelligence, eyed Bitcoin’s position relative to its 20-week moving average, noting that historically, current levels have marked a turning point.
Read more: 👉 cointelegraph
Learn and Mint Your Free NFT
After creating my first NFT collection Welcome to Shiden and after selling the collection of 200 NFTs in under four hours, I was 5 cm taller. But what is joy if you can’t share it with your friends? I rush to send messages to a couple of my normie friends and most of them were like: you did what? What is NFT? Who bought this? Well my friends, known and unknown, this article is for you. The attempt to help everyone who wants to enter the world of NFT but does not want to spend money on it. Your investment will be your time (about 1h), and just like with any learning, this might open a new page in your life, might give you some entertainment or you might forget about it in an hour.
Read more: 👉medium
Open and independent solution of Blockchain will begin to be part of the satellite launch processes together with Hydra Space
Open and independent solution of Blockchain will begin to be part of the satellite launch processes together with Hydra Space
The logistics company that is dedicated to the digitization of data and shipments through blockchain technology, Usyncro, is now operating together with Hydra Space to incorporate the blockchain in the satellite world to improve the operation of the area .
Usyncro, also known as an open and independent blockchain solution which digitizes the logistics of international trade, has been in the field since 2018 and emerged as an update of eCustoms.
For its part, Hydra Space is a Spanish engineering company which makes use of Internet of Things (IoT) communications through satellites with complete internal technology.
Keep reading 👉 CoinTelegraph (SP)
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