Let's Talk El Salvador, Bitcoin, & NFTs
1 October 2021
October 1st, ladies and gentlemen.
And cartoon animals.
Halloween NFTs this month?
We hope so.
We’re also trying out a new format today.
Still tinkering.
Of course, if you have feedback or thoughts of any kind, we’d love to hear from you!
What’s Hot
We don’t have any commentary we wanted to add regarding these headlines, other than that we love to see stories like this.
We’re happy to see Crypto taking the world by storm.
El Salvador President Nayib Bukele shares first ever Bitcoin mined using volcano geothermal energy (0.01 BTC)
President Bukele: People in El Salvador Now Pay $0,20 Less Per Gallon of Fuel when Paying with Bitcoin
OnChainFX Alert: Marshall Island’s digital national currency to launch on Algorand
Billionaire investor bullish on Bitcoin: ‘Crypto is here to stay’
Now we’re wondering what Jeff Bezos and Bill Gates’s portfolios look like.
We don’t imagine they’re sitting in front of the computer on Coinbase, though.
Notable Headlines
Crypto
If this tells us anything, it’s a quick review of one of the foundational pillars of human psychology.
What is that, you may now be wondering?
People don’t change.
The sudden rally — that’s seen other top ten cryptocurrencies by value including cardano, Binance’s BNB, Ripple’s XRP, solana, polkadot and dogecoin all add around 10% — has once more pushed the combined cryptocurrency market over $2 trillion.
This actually happened earlier this year — the market topping $2T.
Perhaps just re-reporting on an interesting story?
We had deja-vu for a minute there.
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DeFi
**Top Five DeFi Coins For October**
Aave (AAVE)
-Current Price : $270.56
-Market Cap: $3,567,280 Billion
-Market Cap Rank: #40
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Synthetix (SNX)
Current Price : $9.54
Market Cap: $1,095,574 Billion
Market Cap Rank: #81
-
Origin Protocol (OGN)
Current Price : $0.724
Market Cap: $254,276 Million
Market Cap Rank: #173
-
Bella Protocol (BEL)
Current Price : $1.61
Market Cap: $77,175 Million
Market Cap Rank: #419
-
Rocket Pool (RPL)
Current Price : $31.41
Market Cap: $322,875 Million
Market Cap Rank: #235
We don’t have an opinion on these to offer, other than that we’ll be taking a look at them later today.
Remember: this isn’t financial advice, and these picks aren’t from us.
**DeFi bug accidentally gives $90 million to users, founder begs them to return it**
These last two articles go together, so read both.
There is some good information here you may find very insightful if you’re a crypto investor who has yet to add any DeFi assets to their portfolio.
**Value locked in DeFi grows 936% in 1 year, NFT sector strengthens: DappRadar**
**DeFi and DEX volumes soar amid China’s crypto ban and US regulatory risk**
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NFTs
**TikTok starts flirting with NFTs**
The fast-growing social media platform, which just crossed 1 billion monthly users worldwide, has lined up its own NFT drop, leveraging content from some of its top creators, including Lil Nas X, Grimes, Bella Poarch, Rudy Willingham and Gary Vaynerchuk. The release of one-of-one and limited edition NFTs seems to be focused on generating buzz among the existing NFT community rather than exposing users inside the app to non-fungible tokens.
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The company is side-stepping blockchain energy concerns by placing their NFTs on a dedicated site powered by Immutable X, a Layer-2 scaling solution for Ethereum which says that NFTs traded using it are “100% carbon neutral.” The drop starts October 6 with a collection from Lil Nas X and will continue on through the end of the month.
**DeFine Launches Masterpiece Pixel Art, The First NFT Series by Sandbox Network**
The first NFTs produced by Sandbox Network is the reinterpretation of the classic masterpieces including The Fifer, The Starry Night, and Girl with a Pearl Earring. They will be sold on the DeFine marketplace.
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The artwork will be divided into ten random puzzle pieces, and will be included in a blind box. A total of 100 boxes will be sold on DeFine. Users will be able to gather the pieces by purchasing blind boxes, and those who complete the puzzle with all ten puzzle pieces will be able to own one complete artwork. Also, there will be special benefits provided in the future to the users that possess the artwork NFT.
—
Metaverse
**This Week In XR: Epic Explains The Metaverse, Supersocial Roblox Games, New Nreal Air Smartglasses**
We actually discussed a lot of this yesterday — what’s new though is the discussion on the Smartglasses.
It’s at the tail end of the article.
Check it out.
Pour Conclure
Have a good weekend, friends.
We may do a post or two before Monday, but we shall see.
Otherwise, we will catch ya then.
Get some R&R this weekend, put your feet up, and tell ’em the ol’ Gopher sent ya.
And again, before we sign off, let us know if you have any suggestions or preferences regarding our newsletter format.
Or if you just want to say hello.
See you soon.
Your Pal,
The Gopher
P.S.
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Disclaimer: None of this is to be deemed legal or financial advice in any way, shape, or form. You are reading opinions from an anonymous news publisher in Cartoon Gopher Format.
Questions & Comments: Please feel free to ask questions and leave comments as it relates to Crypto, Blockchain-Tech, NFTs, & Web 3.0 — or if you’d just like to say hello — we want to hear from you!
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