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BCheque1
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ready to dial up the dial ins tomorrow we’ve got @OpenledgerHQ partnered with us to discuss ai, crypto & their “proof of attribution” opening up the black box on HOW your ai is influenced by the data usual live show at 7AM EST, with interview kicking off around 745AM EST
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it's time to mix it up traditionally i never invited guests on to the show we did that for a long time because i never wanted to rent our audience i didn't want to show up one day and noone turns up because we didn't have a big name joining i wanted to show that our own individual research and insights could hold their own it is much harder to grow this way: there is no big account retweeting or pushing you for any reason but over time i believe this has established our own voices and personalities (even if you don't like the style, you can't knock the hustle) NOW it's time to throw some coal on the fire i actually want to host more conversations the space is so much bigger than it was in 2021: it's actually impossible to keep up with it all and we have seen a number of great leaders emerge in different pockets of the industry + so we want to host those conversations from a position of already establishing an intelligent and excellent audience MM DIAL INS 2025: extending the show to host some of the most interesting contributors to our industry
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The Daily Modern Market Snapshot: Tue 20 May Majors: BTC 103k; ETH 2.5k; SOL 167 Headlines - ETH outperforms majors again +5% to $2.5K - JP Morgan CEO Jamie Dimon announces clients will be able to buy BTC: compares buying BTC to smoking; he doesn't like it but defends your right to do it - The Senate advances Genius Act to help progress regulation on stablecoins Notable PA - AAVE +21% to $4.2B FDV - LAUNCHCOIN up again +16% to 240M - REKT up another 10% to 88M Notable Sales - Kaito Genesis NFTs +10% to 2.8 ETH - 5 CryptoPunks sold between 46 - 55 ETH - Refik Anadol, Biome Lumina - 4.55 ETH Web 3 Round Up - Circle could be sold to Coinbase or Ripple according to sources: Ripple's $4-5B previous bid rejected - Bybit has become first major crypto exchange to offer direct global trading with USDT: access to 78 top equities - AAVE TVL breaks $30B; token price rises 20% on increased TVL - Binance seeks to dismiss FTX $1.76B clawback lawsuit More News - SEC Chair Hester Peirce in latest speech suggests all crypto assets which are 'collectibles and stablecoins' should probably be excluded from 'security' definition - Indonesia-based fintech firm DigiAsia announces plan to raise $100M to buy BTC and allocate up to 50% of future net profits for continued BTC accumulation - Virtuals announces Diamond Hand Bonus now can only be achieved by staking agent tokens too, not just passive agent holdings Social Crypto - Huma Finance announce multi-season rewards campaign allocating 0.5% of token to Huma Yappers; portion also going to Kaito ecosystem - Noise the mindshare trading protocol on MegaETH announces that top week 1 Infinex yappers will receive Noise invite codes - Yu Hu shares future Kaito vision: "from June onwards it will also be the BNB for capital formation" LIKE, COMMENT & RT if you found this helpful
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kaito’s rewards journey mirrors traditional airdrops first airdrops were a pleasant surprise where you found money in your wallet for your natural use of a protocol then protocols realised they could farm users more with points + then there were more strings attached with various formal tx/capital/social requirements kaito has just passed stage 1 where people realised omg i can really just yapp and that’s worth something (no stress no friction - like the first style of airdrop) now protocols realise people will WORK for their yaps - and so we have increased % token supply going to yappers in exchange for larger contributions (not everyone has done this, but have seen some create more hoops to jump through and think will more will do same) that being said i think the organic option is the best: don’t farm the farmers; just rewards the quality creators infinex was the first i think to add a manual review layer to the process, and i think more will do the same even if we’re in the stage where the yapper reward system is maturing to require creators to give a bit more than just pure yapps, that corresponds with protocols being happy to disproportionately reward yappers right now so we have a yappers feast - and even if it is never as good as this again, it’ll never go away now so it’s a beautiful additional game to play
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The Daily Modern Market Snapshot: Mon 19 May Majors: BTC 103k; ETH 2.4k; SOL 160 Headlines - BTC runs to $106K before sharp pull back to $102K - Trump's tax bill progresses which is estimated to add around $4 trillion to deficits over a decade; Moody downgrade US credit rating; Bessent signals debt to increase whilst trying to maximise US GDP; US Treasury yields rise; Japan's 40 year bond yield just hit highest level in 20 years Notable PA - ETH down 4% on the day back to $2.4K, SOL down 5% to $161; HYPE down 3% to $26 - Memes are red across the board: FARTCOIN -5% to $1.21; MOODENG - 6% to $0.23 - LAUNCHCOIN down 15% to 210M, holding around 200M quite strongly the last few days - VIRTUALS shows strength against everything else: up 3% to $1.84 Notable Sales - CryptoPunk, Zombie - 440 ETH - Other World, Prophets - 16 ETH - CryptoPunk, Shades - 54.5 ETH - Refik Anadol, WOT - 8.99 ETH Web 3 Round Up - Japanese investment firm Metaplanet buys another 1004 BTC for around $104M: total holdings up to around $806M - El Salvador President Nayib Bukele shares screenshot of $357M in unrealised profit on BTC buys - US Senate to vote on stablecoin regulation with the GENIUS Act as soon as today More News - ARBUS agent settles around $12M after being launched on Virtuals: more than 50x for virgen points spenders - Token Works minted 256 NFTs for 1 ETH each raising 256 ETH: a studio to fund creators vesting over time instead of immediate transfer of funds Social Crypto - PT-sKAITIO has risen to 44% as market is bidding YT on Pendle: Kaito Founder Yu Hu shares thought that people are waking up to 'earn and drop' season for sKAITO holders - KAITO shows strength against rest of market +10% to $1.92 - Openledger announces reward month of Yaptopus: ranks 1-25 will share $15k pool; also a specific similar pool for Chinese region LIKE, COMMENT & RT if you found this helpful
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