Initial Game Offerings: a failed Initial Grifting Opportunity
IGOs have only the minor problem that play-to-earn never took off beyond Axie Infinity.
Tag: andreessen horowitz
Web3: a VC-funded gig economy of securities fraud
If you look at a “Web3” offering and just think of it as a pump-and-dump onto retail investors, everything will make much more sense.
News: World Wildlife NFT, Diem sale details, ECCB DCash offline
Admittedly, NFTs are not as bad as that time the WWF ended up funding mercenaries to rape, torture and kill suspected poachers. Whoops!
News: El Salvador phone tapping, Bitcoin in Tonga, Associated Press NFTs, books
President Bukele’s office denies everything, and doubtless won’t rest until they find the real hacker.
News: Bitcoin miners can’t sell their bitcoins, SushiSwap theft, Coinbase Lend, crypto seasteading
’Twas on the good ship ’Toshi, by Craig you should have seen us, it was a little squashy and the end result was “penis.”
News: Facebook abandoning Libra/Diem, Soulja Boy vs. Atari, Kurson arrested again, El Salvador
The Diem Association is “effectively a zombie organization.” Ya think?
The SEC calls, DeFi Money Market shuts down — it begins
Here’s to this being the first of many to come.
News: Tether TO THE MOON, Bitcoin over 40,000 USDT, more Ripple fallout
“Working on a Stock-to-Flow model for scarce nuclear waste as a Store of Value. Just need Tether to pump me now and an exchange to list it.”
News: KodakCoin is dead, XRP RIP, US on stablecoins, seasteading fails again
I get my crypto market insights by watching the remote-viewing guy draw pictures of his psychic impressions on YouTube.
News: Coinbase key holders leave, Ethereum 2.0 slashing, Libra may not become Diem, regulatory clarity in France
“If the business channel you watch leads its forex ticker with buttcoin price, you should switch the channel.”