Build in the metaverse, Liminal, single wallet, Women x Crypto 2.0 – crypto watch

Since the launch of Bitcoin in 2008, Crypto has presented an endless amount of white space with imaginable and unimaginable market opportunities, often with mobile at the center of Art in Gaming. S2222

Liminal, Single Wallet

The startup built a first-of-its-kind wallet architecture focused on safe custody of digital assets, raised $4.7 million in its seed funding round, claims to be the first wallet architecture to provide compute secure multiparty, or MPC, and multisignature wallets, which require two or more private keys to sign and send a transaction, to secure digital assets on different blockchains. Liminal provides services to clients such as exchanges, banks, hedge funds, addressing their primary concern of maintaining key security while maintaining compliance.

Try 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, which is built on the Avalanche blockchain, to create their own on-chain communities of loyal customers. Through TYB, these brands can reward their customers for participating in the community with virtual coins, similar to loyalty points, which they can redeem for physical products.

When brands use platforms like Instagram to build communities, they don’t own the relationships with their customers and can be severely impacted by ad pricing and UI changes across the industry. platform.

Decentralized social network

peer builds a decentralized social network designed to be the Web 3.0 version of Facebook. Think of Facebook but… with a token that rewards creators, with users owning their own data, with a different kind of business model. Peer builds its social network on top of its own blockchain which is designed to be even faster than Solana and Avalanche. The utility token that drives the ecosystem and rewards creators will be called the Peer Metaverse Coin, or PMC, which is set to launch later this month in June 2022.

Thinking about what to build for the metaverse

This is all still in its early stages, making it difficult to predict precisely what will create the greatest and most lasting value. Nevertheless, it is still possible to reason about what could generate 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 possibilities of the digital space support those 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 home page. Today, people have become accustomed to centralized entities and attention aggregators like Facebook and Google owning many of these spaces, which they rent out. Digital real estate has always had value. What is different with 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. metaverses for private or shared use.

Given that digital space is, in theory, infinitely expandable, skeptics might still wonder if the concept of “owning” digital land or buildings even makes sense. But metaverse platforms have their own forms of scarcity: there isn’t much space on the wall of a digital building, for example, and thanks to geography, there are only a limited number of buildings. near equipment like a virtual concert hall or a resource deposit like a geyser… But at the same time, the distance can be less important thanks to the possibility of fast travel or teleportation. So, what matters when thinking about the value of meta-converted land and real estate is how people’s activities inform its use.

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Market in May for NFTs

In line with the overall crypto market performance, activity in NFT markets slowed in May. Daily users and daily transactions were relatively flat at -7% and +1.1% MoM, respectively. NFT volume, however, saw 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 scarcity scores. The National Football League (NFL) has partnered with Mythical Games to launch its own play-to-earn game that will run on the Mythical Chain protocol. The launch will begin with the sale of 32 themed franchises.
NFT.

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DC Comics is launching its own NFT marketplace

Legendary comic book publishing company DC Comics is launching 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 huge plans for DC Comics’ vast ecosystem, and the introduction of the Beta Marketplace is just the start. The 20,000 NFT holders will vote on the storyline, 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 partnership with Pinktada, the reservation service specialists. Pinktada users can purchase RNT (Room Night Tokens) 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 have 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. However, with NFT technology, there may be more options available.

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Prada launches NFTs

Prada is one of many luxury brands to launch NFTs, including Lancôme, Balenciaga and Gucci. Luxury fashion brand Prada launches NFTs, available free of charge to those who purchase items from its initiative Timecapsule. The 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 every 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 is also set to launch on Thursday.

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Giving bitcoin legal tender

El Salvador’s decision to make bitcoin 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 issue of legal tender, and that may cause some advocates 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 financial inclusion, especially when almost everyone has access to at least one phone, even if 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 started to lose faith in government and 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 instance of the government taking such 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 a rise in the monetary economy. Financially excluded citizens do not want to become inclusive because they simply do not trust banks. When you know that at any time crisis strikes and the government can freeze all your accounts, you feel safer to keep all the money somewhere else.

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BlockFi is redefining 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 that 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, easy-to-use products. The latest results from their “Women x Crypto 2.0” survey show that 1 in 5 women believe 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 investing, financial well-being, and career aspirations.

  • 92% of women surveyed have heard of crypto and nearly one in four (24%) already own it. Conversely, 80% still find crypto confusing and 72% believe it is too risky to invest in it.
  • Nearly one in three women surveyed plan to buy crypto in 2022. 60% of those surveyed say they plan to buy crypto in the next three months.
  • One in five women surveyed believe crypto can help them achieve financial goals big and small – most often funding a vacation, retiring in time or buying 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 by far considered the best (41%). Only 4% think NFTs are the best long-term investment.
  • On a list of some of the most popular sectors, 1 in 10 women surveyed think 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 at a crypto or blockchain-focused company in the next year.

  • Almost half (49%) of respondents use friends and family to find job opportunities – more than job boards, professional networks, LinkedIn and Twitter.

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Build in the metaverse, Liminal, single wallet, Women x Crypto 2.0 – crypto watch


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