Madonna's 3D vagina giving birth to a tree: solidarity NFTs 😲
Avalanche: The ultimate ETH Killer? A walk through the fastest blockchain in the Wild West, the latest on LUNA and Ether, 4 things to do in a bear market and much more...
Dear Tokener,
Well... what a week we have had. As we said yesterday, resilience and calm. But don't worry, we're not going to talk about the scare theory in today's editorial... you already have plenty of content for that 👇. We're going to talk about something more fun...
Remember the virginal girl who was tearing up the Billboard charts back in the 80s and 90s? 🎵🎵Like a Virgin...🎵🎵🎵. Well, today she's on the cover of our "pinkest chronicle" of the crypto world, because at 63 years old she's not only not so virginal (well, she wasn't either when she was a success), but she's now presenting herself like this...
Yes, you've seen well... want another perspective? Here goes...
Thank goodness it's for a good cause... we'll tell you about it:
Madonna has released an NFT collection that includes a 3D model of her vagina giving birth to a tree.
Madonna, 63, has released an NFT collection that includes videos of her avatar giving birth to a tree, centipede and a butterfly. The collection is called "Mother Of Creation".
In a press release, the "Queen of Pop" described the material as a "labour of love" that was made over the past few months with digital artist Beeple (Mike Winkelmann), who sold an NFT last year for $69 million.
"I wanted to investigate the concept of creation, not only the way a child enters the world through a woman's vagina, but also the way an artist gives birth to creativity," Madonna explained in a statement.
"In a cold laboratory environment, with no sign of life, an opening gives way to a branch that transforms into a full, vibrant tree," the site reads. "Push against gravity and flowers bloom. The tree may bend or even break, but it continues to recreate and blossom. This work presents a new text by Madonna".
What do you think? 😲
Well, now that we've (surely) got a smile on your face, let's get down to the serious stuff. Because today in Forty-two (42) we are talking about "Avalanche: The ultimate ETH Killer? A walk through the fastest blockchain in the Wild West", by Antonio Fernández of beToken Research.
We also talk (a lot) about LUNA and Ether, share 4 things to do in a cryptocurrency bear market, talk about the Enzyme V3 vs V4 update and much more...
With the image of Madonna's avatar on NFT etched on our retinas, as always Tokener, we wish you a peaceful evening, recommend you to have a healthy dinner, read, share and... 👇👇
The rocket to the moon… just crashed
The attack was a success… and finally, validators had to stop the Terra blockchain… will it recover or it is just a big big failure?
HODL!
300 style…
Ether Futures Lead $1.2B in Liquidations, Crypto Market Cap Drops 16% Overnight
The past 24 hours were among of the biggest crypto market drops in recent months.
Ether (ETH) futures led liquidation losses in the past 24 hours as crypto markets lost over 16% of their overall capitalization, data from multiple sources shows.
Liquidations in the crypto market happen when a trader has insufficient funds to fund a margin call – or a call for extra collateral demanded by the exchange to keep the trading position funded. They’re especially common in high-risk trading due to the high volatility of assets. It occurs in both margins and futures trading.
More 👉 Coindesk
Avalanche: The ultimate ETH Killer?
A walk through the fastest blockchain in the Wild West
by Antonio Fernández of beToken Research
Tokener, it's time to delve into one of the most successful, flashy and efficient crypto projects on the market. Avalanche, home of AVAX, presents itself as an entire blockchain ecosystem that does everything: EVM compatibility, lightning-fast transactions, a multiverse of interconnected blockchains... and all powered by a unique and innovative consensus mechanism: the Avalanche Consensus Protocol.
In this article, find out what makes Avalanche so special - is it really the Ethereum Killer it has long been rumoured to be?
What is Avalanche?
Put in the most compressed and simple way possible, Avalanche is a highly scalable platform for launching decentralised applications (dApps) and deploying custom, interoperable PoS blockchains between them.
Now, to talk more in depth about what this phrase implies, it is useful to look at the following diagram, which represents all the key aspects and features of Avalanche, and which we will be unpacking throughout this article:
Want to read more? Follow 👇👇
4 Things To Do in a Crypto Bear Market
Many investors associate the term “bear market” with pessimism and gloom. However, market downturns are unavoidable and, compared to the length of bull markets, are typically relatively brief.
Investors can gain from good investing possibilities even in a total market collapse.
Follow 🔗 Medium
What on Terra (Luna) is happening with UST!?
In case you just woke up from an extended party binge last weekend, here’s the major news of the week: UST has broken its peg, LUNA’s price tanked by a jaw dropping 97.5% in a week (at the time of writing) and the overall crypto market is bleeding red everywhere.
On Saturday May 7th, UST lost its peg to the US Dollar for the first time, hovering at around $0.98. Slightly worrying, however minor depegging events happen with algorithmic stablecoins somewhat often and the forces of supply and demand + a touch of greed usually bring the price back to equilibrium. This wasn’t the case this time. On May 9th, the peg completely went out of control and dropped UST down to $0.76. Some hope was regained the next day as the LFG (Luna Foundation Guard) dipped into its $1B+ BTC reserve to stabilize the peg, making it hover between roughly $0.90–0.93. On May 11th the peg completely tanked, reaching as low as $0.26 at the time of this writing, timestamped on the chart below.
Read more 💥 Medium
Enzyme V3 vs V4: Why should you upgrade your vault?
TLDR:
Enzyme V4 comes with powerful extra features that make the asset management experience much easier and more affordable
Not only do V4 features make the manager’s life easier, but it also makes the depositor’s experience is more convenient and enjoyable ( → higher conversion and more capital)
For new managers, V4 includes the option of launching on Polygon (1,000x cheaper to create a vault on Polygon than on Ethereum)
For V3 managers, some important security, accounting & tokenomics aspects must be understood before the upgrade
More 🔴 Medium
How to represent an asset or item in a NFT?
It all depends on how the NFT issuer decides to incorporate that information into the NFT.
Generally speaking, the NFT data standard will include a metadata field which the issuer can incorporate some reference to the associated asset.
Read more ✔ Medium
Top 5 Metaverse Projects
Learn what Metaverse is and the different Metaverse projects out there.
If you have trouble getting your head around what Metaverse is, we highly recommend you to watch two movies — Inception, starring Leonardo Di Caprio, and ‘Ready Player One’.
Inception is a movie where people take a deep dive into their subconscious in their sleep and travel into an alternate world. They can plant ideas in their subconscious and do everything they do in real life, like meet people, work, play games, and even build things like streets, buildings, etc., with their brainpower.
More 🔊 Medium
Blockchain for Decentralized Identity — The EU
According to the Eurobarometer survey, 72% of EU users want to know how their data is processed when using social media, and 63% of EU citizens want a secure single digital ID for online services1. However, residents of the EU lack the flexibility to move from one country to the next seamlessly. Each time, they need to prove their identity, including cumbersome processes requiring the same identity data for multiple forms. Manual entry into forms is also error-prone. In addition, the process does not continuously regulate what data is shared with whom and how it is used.
More 🔗 Medium
Do not hesitate, subscribe and stay up to date with everything that happens in the Cryptoverse and the evolution of Tokeners DAO 👇
And if you liked this post… Share it! Help us spread the Cryptos!
We love to collect all opinions and points of view. Do you want to collaborate with us?
Disclosure:
Authors may own funds and assets mentioned in this newsletter.
beToken my Friend is intended for informational purposes only. It is not intended to serve as investment advice. Consult with your investment, tax or legal advisor before making any investment decision.
Advertising and sponsorship do not influence editorial decisions or content. Third-party advertisements and links to other sites where products or services are advertised are not endorsements or recommendations by beToken.
beToken is not responsible for the content of the advertisements, the promises made or the quality or reliability of the products or services offered in any third party advertisement or content.
Create your profile
Only paid subscribers can comment on this post
Check your email
For your security, we need to re-authenticate you.
Click the link we sent to , or click here to sign in.