Bitcoin is the first love for most. BTC is the original and has done great things for the world. Without it, we wouldn't have Ethereum, Polkadot, and the thousands of other cryptocurrencies now in existence. But cryptocurrency has always been and will always be about progress and falling into tribal games has proven to be destructive to wealth and progress.
For the past few years we've witnessed DeFi and NFTs emerge as categories on Ethereum that have pushed the entire space forward in a big way, but people have largely not understood why ETH has value . Now the ETH as ultrasound money narrative is growing and we believe it's worth taking seriously. But we also think the Ethereum community should resist tribalism and remain open-minded to new ideas and projects pushing the space forward outside of Ethereum.
1confirmation portfolio reading this week
Golden State Warriors become first pro team to launch NFT collection — www.espn.com The Warriors have become the first professional sports team to launch an NFT collection. Golden State's collection is on the OpenSea platform, with some proceeds going to the team's charitable foundation.
Maker Price Passes $4K for First Time, as MakerDAO Brings Real Estate to DeFi — www.coindesk.com Maker price ($MKR) passed $4,000 for the first time in history, as MakerDAO agreed to introduce "real world" assets as collateral dai loans.
SuperRare Raises $9M to Build the Future of Art Collecting — medium.com
SuperRare announces its Series A funding led by Velvet Sea Ventures and 1confirmation.
Trade now on Layer 2 — dydx.exchange
dYdX layer 2 is now live in production featuring zero gas costs, lower trading fees, and small minimum trade sizes.
Why Crypto Whales Love This Prediction Market — www.coindesk.com Polymarket has grown to do $100 million in total volume. It’s enough to ask – has someone finally found a fit for crypto prediction markets?
Nexus is growing: Protocol Cover is live! — medium.com
Protocol Cover is the hotly anticipated expansion of Nexus smart contract cover and now covers economic incentive attacks, oracle attacks, governance attacks, and non-Ethereum chains/L2s.
A Third Way: Coordinating the gas limit — ethresear.ch
Setting the block size in the protocol (BTC) or by miners (ETH) isn’t working out well. bloXroute suggests the use of an on-chain coordination token $EGL which allows the ETH ecosystem to signal its collaborative desire.
Notional Raises $10M to Grow DeFi Lending Protocol With ‘Real World’ Potential — www.coindesk.com The Ethereum-based lending startup is seeing users take out crypto loans for more than just yield farming.
Rally Raises $57M For Community Treasury to Fund Community Driven Growth — medium.com
Rally announced $57 million in funding for its community treasury through community approved sales of $RLY.
Karura’s Crowdloan & Parachain Auction Are Imminent — medium.com
Karura’s Parachain Auction is coming in the coming days. Parachain auctions are a new phenomenon in crypto worth paying attention to.
Interoperable Meebits — blog.webaverse.com
The team behind Cryptopunks recently launched Meebits which could serve as our identity in the metaverse.
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