2/ Legendary artist @beeple has spent the last 13 years of his life producing an artwork every single day. 4976 consecutive days of dedication eventually brought him to crypto art.
In just 48 hours, he sold over $3.5 million of digital artwork. 🤯
1/25 Today I touched upon the recent Roblox S-1 filing as it relates to the nascent blockchain-based virtual worlds or Crypto Sandboxes as I like to call them.
The @Roblox IPO is a landmark event and represents the first pure, public Metaverse play.
2/25 For those of you that don’t know, Roblox is a multiplayer sandbox game with over 30 million daily active users. Sandbox games derive their name from the nature of a sandbox that lets children create nearly anything they want within it.
3/25 These worlds have no apparent objective, and allow creators to architect their own worlds, narratives, and meaning.
Roblox has exploded in the back half of this decade and now boasts over 150 MAU.
1/ Today we released a report on Crypto Art. We shed light on an eclectic mix of the artists contributing to the growing ecosystem. We provide an overview of the marketplaces currently available, as well as brief commentary on how we think things could evolve.
2/ With the recent advent of yield farming across virtual goods protocols, we expect competitive dynamics to heat up as the battle for market share comes to the fore.
3/ Alongside the fight for a podium spot across generic marketplaces, there are opportunities for more specialized platforms to dominate certain niches.
Crypto provides the tools to form robust microeconomies around smaller communities, which we believe creatives should embrace.
Last night, 12.3 million concurrent players gathered in Fortnite to watch Travis Scott debut his new album. For context, that is almost four times bigger than Rod Stewart's Copacabana Beach—the largest concert ever on NYE 1994.
2/ In order to facilitate such an operation, all other game modes were disabled in the hour run up to the show beginning. Users were encouraged to join lobbies 30 minutes before the scheduled start time in order to guarantee a spot.
3/ The digital equivalent of queueing outside the venue proved to be rather more enjoyable, as players chased each other around a beach and constructed massive structures looming over the stage. Suprisingly, there were no contraband checks either—security was a breeze.
1/ Bitcoin is the unstoppable force that obliterates immovable objects. Never before have we seen a self-reinforcing technology of this calibre. Its incentive mechanisms effectively guarantee its inexorable improvement.
2/ It is an infectious three headed beast; technological, economic, and ideological, that consumes all in its path. In order to break its steadfast economic equilibrium, a catastrophic system failure must occur. With every second of continued operation, this becomes less likely.
3/ The Demand for SoV➙Price Increase➙Increased Mining Profitability➙Increased Hash Rate➙Greater Resilience➙Bitcoin Survives Longer➙Repeat. The Beast suffocates almost a hundred years of Keynesian tradition like a powerful Katabatic wind.