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๐ Grab your Starbucks in web3
Hi TC folks. The morning starts with coffee as Starbucks opens its NFT loyalty program; CZ wants to teach us all how to crypto; SEC asks US registered companies to reach out; Magic Eden can't find common ground with Metaplex. And a bunch more today.
Your Favorite Crypto Digest From TradeCrypto.com #187
Daily statistics update:
Today's market is green. BTC is trading at $17,281; ETH is above $1,280.
๐ช Bitcoin dominance: 38.56%
๐ Total Crypto Market Cap: $858.52B
๐ฒ Fear and greed index: 26 (Fear)
๐ Gainers (Top-100)
โข Trust Wallet Token (TWT) +8.94%
โข Chain (XCN) +7.42%
โข The Graph (GRT) +7.28%
๐ญ Losers (Top-100)
โข Synthetix (SNT) -3.17%
โข Axie Infinity (AXS) -2.94%
โข TonCoin (TON) -0.94%
Starbucks creates NFT community
The coffee is already running through your fingers and eyes โ๏ธ. Well, we all need it. US beta testers of Starbucks Odyssey will soon share their experiences. So there's a platform Odyssey, users can do some journeys like quizzes and stuff, then they get Journey Stamps. No, not just a Starbucks logo, at least what I saw was a cute colibri. All of these experiences are for big Starbucks fans who want to earn real bonuses like free drinks. Plus, Odyssey lets you learn how to make an espresso martini๐ธ.
CZ to teach you crypto
Binance has partnered with the educational platform MasterClass to launch a course on crypto and blockchain ๐ฉโ๐ซ. 3 hours and 40 minutes of pure fun. CZ will share his knowledge along with Coinbase, a16z crypto, and an NYT columnist. Beginners and advanced user-friendly. Don't miss it, there aren't many seats left. If this is not for you, Binance offers additional 6 courses through Binance Academy. Knowledge is power ๐.
SEC asks crypto companies to reach out
Regulators are concerned if contagion continues among U.S.-registered crypto companies. To prevent this, they've written letters to companies to ask how they're doing. Were they directly or indirectly affected by the FTX virus, are they depressed ๐ตโ๐ซ? The arm of SEC ๐ฆ is to provide help on how to talk to your investors about possible problems. It's not just crypto companies that are under scrutiny now. Regulators have also written to banks, for example Moonstone Bank, which is behind FTX.
The royalties question between Magic Eden and Metaplex
Metaplex, the inventor of Solana NFT, and the Magic Eden marketplace are at odds ๐ก. They can't agree on what to do with the royalties. It wasn't that long ago that all marketplaces started cutting royalties to creators and trimming them. Royalties are fees of 5-10% that the seller pays back to the NFT ๐พ creator. Magic Eden has introduced optional royalties and Metaplex disagrees and sees this as a threat to Solana's NFT governance. With optional royalties on Magic Eden, creators of new Solana NFT projects can prevent these assets from being traded on marketplaces that don't recognize royalties. In the meantime, Metaplex is working on its own MIP-1 token standard. A consensus cannot be found ๐คฌ.
360 Mining raises $2.25M
Not the best of times for miners, yes. But 360 Mining has made it ๐ป. The bitcoin miner is looking to expand natural gas production and overall mining capacity. The reason given for the move to natural gas is to manipulate it in the context of mining, electricity sales, and gas sales. Like a safety cushion in case of emergency, new funds will allow the company to increase gas production by 8 times. And to survive the winter๐ฅถ, of course.
Conclusion: The market is growing today and we are spreading our wings. Add web3 coffee quizzes and Binance blockchain education and we are good to go. Explore new things on the weekend. It's really a great time for education. Some useful materials can be found at TC Crypto Academy.
See you after the weekends, folks! Thanks for being with us.Brought to you by Maksym, Yana, and Aleksandar :)
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What is Crypto Ping Pong digest?
TC lads here are working quite hard and from time to time we gotta chill. Recently, we got ourselves a ping pong table to complete our lazy-bag-stuffed chill zone. As you all know our main hobby is Crypto, so even while we play we donโt really shut up about it. Ever.
So memes, leaks, gossips naturally come about โ we collect them and share them with you in this interstellar space on our site we like to call Crypto Ping Pong digest.