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@cryptocracy in February 2023

@cryptocracy

Metaverse Tokens, DAOs, NFTs, and Other Web3 News *It’s winter in Texas. Ice. Rain, Below-freezing temperatures. And I’m 100 percent on solar power. That means I’ve got to watch my battery power. If today’s newsletter is too short, blame it on the weather.* Metaverse tokens outperformed bitcoin in January. *GALA led the pack, and, frankly, I’m glad. SAND and MANA have had their chance to moon. GALA is the future of metaverse gaming. I expect big things from it.* On another…

@cryptocracy

Blur Challenges OpenSea for NFT Dominance How much bitcoin has been lost due to misplaced keys and forgotten passwords? Bitcoin Casino estimates the number to be around $24 billion. *The downside to crypto is that mistakes can be very costly.* https://www.bitcoincasinos.com/blog/2023/01/18/number-of-btc-permanently-lost-due-to-lost-passwords-and-forgotten-keys-stands-at-about-24b/ NFT platform Blur has made a huge jump in sales since October to give OpenSea a run for its…

@cryptocracy

My January 2023 Web3 Social Media Earnings I totally forgot to share my January 2023 earnings from Web3 social media last week. Two reasons: I’ve been very focused on the February 15 book launch of *Web3 Social: How Creators Are Changing the World Wide Web (And You Can Too!)*. http://www.web3forcreators.info/ And a week of winter rain, clouds, and ice had me fighting diminished power to keep my laptop sufficiently charged long enough to stay productive. Because I’m…

@cryptocracy

Adam Back Predicts $10M BTC **Get it while it’s hot:** As you may know, I’ve been experimenting with Cent. My most recent Web3 social earnings report is available for minting at just $2. Only 18 left to claim. *This has me stoked because just a few weeks ago, I couldn’t make NFTs on Cent available for less than $5 each. I was very excited to be able to offer them for less. Most are free, and some of the free ones are* *still available**.* https://cent.co/account/posts/7432…

@cryptocracy

8 New Web3 Social Media Protocols and Platforms There’s been a lot going on in crypto lately. Earlier this week, Cryptocracy reported on the Securities and Exchange Commission (SEC) **taking action against Paxos** over Binance’s stablecoin BUSD. This followed on the heels of the SEC forcing Kraken to shut down its staking operations. It’s clear that SEC Chairman Gary Gensler believes staking is like buying a security. But is it?…

@cryptocracy

Bitcoin Is Making 2023 Look Like 2017 All Over Again If you haven’t heard already, *Web3 Social: How Creators Are Changing the World Wide Web (And You Can Too!)* has launched. It hit the public airwaves on Friday and by Sunday afternoon had achieved No. 1 best-selling status in four different Amazon categories. The Kindle e-book is still only 99 cents for a little while today, and then it will jump up to $2.99.…

@cryptocracy

Mastercard, Polygon, Litecoin, and Web3 Advances Mastercard to allow Web3 payments in USDC. *Mastercard is partnering with Web3 payment protocol Immersive. Unfortunately, I don’t think this will make your Web3 wallet more secure.* https://cointelegraph.com/news/mastercard-to-allow-crypto-payments-in-web3-via-usdc-settlements Polygon Labs lays off 20 percent of workforce. *Polygon isn’t the first blockchain firm to do this, and it likely won’t be the last. There is a general…

@cryptocracy

Why YouTube Will Not Embrace Web3 Last week, CoinTelegraph reported that YouTube promoted Web3-friendly Neal Mohan to CEO of the world’s second largest search engine. Everyone’s talking about. It’s big news. All the boring people are as excited as pop rocks in a bounce house. And, frankly, I don’t give a *shiitake*. https://cointelegraph.com/news/youtube-appoints-web3-friendly-exec-as-new-ceo That’s not true. I went looking at all the Web3 social media platforms I could find…

@cryptocracy

Arbitrum Overtakes Ethereum Good morning, crypto peeps! I’m trying something different. I recently posted one of my published poems on Cent Pages to make it available for minting. I’d be honored if you check it out, and if you like it, you can be one of only 10 persons who owns a copy of it. The poem it titled Cigar. **So, here, have a Cigar****!** https://cent.co/account/posts/8002 Crypto news this week … The bitcoin mining difficulty hits another all-time high. Can bitcoin…