CoinBase CEO wants You to Read this!

Plus : OKX Enters India! Can it Survive

CoinBase CEO wants You to Read this!
Plus : OKX Enters India! Can it Survive

Welcome ๐Ÿ™to Joint #14! We are sure to give you some insights about this week's weekly updates๐Ÿฅณ keep reading!

This week was really happening and yes aapko ni ideaโ€ฆbut worry not! Web3 Stash Hai na๐Ÿ˜‡ Let's start by having a look at BTC and ETH ๐Ÿ‘€

As of 4 sep 2022, 9 am

The Crypto Space saw a nice bounce this week with BTC touching 28,000 USD Mark but filed to break the resistance losing all the gains it made in the bounce

Abhi let's dive into some good web3 news and trust me it's fun keep reading๐Ÿ˜ญ๐Ÿ˜ญ๐ŸคŒ๐Ÿป Today we will be covering the following topics -

  1. Coinbase CEO gives Ideas to Buidlers๐Ÿ’ก 

  2. OKX Enters India ๐Ÿ‡ฎ๐Ÿ‡ณ

  3. BitBoy fired Bitboy ๐Ÿ˜ฑ

Coinbase CEO Gives business Ideas to Web3 Buidlers

Hold onto your digital wallets because Brian Armstrong, the bald genius running the world's second-largest crypto exchange, Coinbase, just dropped some pearls of wisdom for our beloved web3 builders! ๐Ÿค“๐Ÿ’ฐ

He's like, "Hey, we've built Coinbase, but we can't do it all. So, here are some awesome ideas for you to take on. We've got your back with Coinbase Ventures!" ๐Ÿ™Œ๐Ÿ’ผ

Translation: "Humne ab basechain bana li hai aap ab uspar build karo, pese hum laga denge" ๐Ÿ’ธ๐Ÿ˜…

Web3stash, your favorite Crypto Newsletter, agrees these ideas are minted fresh and ready to revolutionize the crypto universe! Let's break them down with a dash of humor! ๐Ÿš€๐Ÿ˜‚

1. Flatcoin: A crypto that tracks CPI, keeping it immune to inflation. It's like a coin that says, "Spend me, don't hoard me!" ๐Ÿ’ธ๐Ÿฅณ

2. OnChain Reputation: Think of it as Cibil Score for blockchains. If your address is good, you get a digital gold star! โญ๐Ÿค

3. OnChain Ads: It's like Facebook Ads, but on the blockchain. Advertisers pay only when you make that click. It's like online window shopping! ๐Ÿ‘€๐Ÿ›๏ธ

4. OnChain Capital Formation: Imagine Bajaj Finance but turbocharged for blockchain, making it rain capital for all the innovative brains out there! ๐ŸŒง๏ธ๐Ÿ’ผ

5. Job/Task Marketplace: It's Fiverr, but cooler, because you can get paid in crypto for tasks, big or small. Time to become a crypto freelancer! ๐Ÿ’ผ๐Ÿ’ฐ

6. Privacy for Layer2: When you need a digital mask, like a superhero for your crypto transactions. ๐Ÿฆธโ€โ™‚๏ธ๐Ÿ”’

7. OnChain P2P Exchange: Binance P2P, but without those middlemen. Smart contracts FTW! No more "bina-influence"! ๐Ÿ˜Ž๐Ÿ“ˆ

8. OnChain Games: In-game items as NFTs, taking the gaming world by storm. Your digital sword could be worth a fortune! โš”๏ธ๐Ÿ’Ž

9. Tokenizing Real-world Assets: Let's put everything on the blockchain. Commodities, stocks, and even your grandma's antique teapot! โ˜•๐Ÿ“Š

10. Software To Start and Manage Network States: Imagine managing events and even your own nation on the blockchain. Decentralized governance and tax collectionโ€”crypto-style! ๐ŸŒ๐Ÿ›๏ธ

So, fellow crypto peeps, Brian Armstrong has spoken! Let's get building, and remember to HODL onto your sense of humor in this wild crypto world! ๐Ÿ˜„๐Ÿš€๐Ÿ’ฐ

OKX's Bollywood Adventure

Grab your popcorn and prepare for a crypto show like no other because OKX is in town! OKX, where "OK" meets "X-citement"!

๐Ÿš€ OKX is about to unleash a crypto extravaganza in India โ€“ yes, you heard it right!

OKX, the heavyweight champ of the crypto world, is gearing up to rock the stage in India, a land of spicy food, colorful traditions, and a dash of crypto mystique. ๐ŸŽ‰๐Ÿ‡ฎ๐Ÿ‡ณ

The OKX team must have seen something spicy in India's crypto curry, but do they know what they've signed up for?

Imagine this: India, the land of yoga, cricket, and crypto conundrums. It's like watching a Bollywood movie without subtitles โ€“ you're in for a wild ride! ๐Ÿง˜โ€โ™‚๏ธ๐Ÿ๐Ÿคทโ€โ™‚๏ธ

Here's the script:

Finance Minister Nirmala Sitharaman spices things up with a 30% flat tax on Virtual Digital Assets, plus a 1% tax deduction at the source. Dont forget the blurry lines and confusions about P2P trading ๐Ÿ’ฐ

Meanwhile, the average Indian is scratching their head, wondering what's cooking. ๐Ÿค”

Without clear rules, they're like actors on stage without a script. What's next, an improv comedy show? ๐ŸŽญ๐Ÿ˜…

On addition to that the Indian Players in Crypto Exchange have been competing with each other for the market share

No wonder OKX wants in on the action, ready to make their debut while Indian crypto businesses argue like a family at a wedding. ๐Ÿคฃ๐Ÿ‘‘

It's like the British arriving during an Indian princely state feud โ€“ drama, drama, and more drama! ๐Ÿ‡ฌ๐Ÿ‡ง๐Ÿ‘‘๐ŸŽญ

OKX's entry into India is a Bollywood blockbuster in the making โ€“ it could be legendary or a flop worse than a movie with no songs and dances. There's no in-between! ๐ŸŽฌ๐Ÿ“‰

CEXs (crypto exchanges) in India are facing a Bollywood-style plot twist:

After the budget shocker of a 30% flat tax on crypto and a 1% tax deduction at the source, running a crypto exchange in India is like buying popcorn at a cinema โ€“ shockingly pricey! ๐Ÿฟ๐Ÿฆ

And these strict rules are forcing Indian exchanges to make some tough calls

WazirX shifted their operations to Dubai, while CoinDCX and CoinSwitch have been laying off employees.

Remember when Coinbase tried Entering India? What a fiasco that was! They had to shutdown their operations in 3 days



What do you think will OKX be able to have a great box office collection

I hope you loved reading this and now I want you guys to share this newsletter within your group and get us some more subscribers!๐Ÿฅบ๐Ÿฅบ

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BitBoy Fired Bitboy

Crypto universe has just delivered its very own soap opera, starring none other than Ben Armstrong, the Bitboy Crypto guy! ๐Ÿฟ๐Ÿ’ฅ

๐Ÿ” Remember this dude? The guy who once tried to sue a YouTuber for calling out his "questionable" crypto promotions? Well, hold onto your blockchain wallets because the plot has thickened! ๐Ÿ˜ฒ๐Ÿ’ฐ

๐Ÿš€ Supposedly, it wasn't because he decided to promote more "questionable" schemes (yes, those moonshots that never actually make it to the moon), but the rumor mill says it's all about substance abuse. Yikes! ๐Ÿป๐Ÿ’Š

๐ŸŽฌ In a surprising twist, Ben Armstrong, the mastermind behind Bitboy Crypto, has been shown the exit door from his own company! ๐Ÿšช๐Ÿƒโ€โ™‚๏ธ

Now, here's where the fun begins: He's calling it a coup! ๐Ÿคฏ๐Ÿคจ

๐Ÿ“œ But wait, let's rewind a bit! Remember that time he sent a legal notice to sue that brave YouTuber who dared to call him out on his crypto shenanigans? ๐Ÿ“ฉ๐Ÿ’ฅ

๐Ÿช™ Well, the YouTuber didn't just cower in fear. Nope, not this time! He decided to rally his loyal followers, and guess what? They poured in millions to defend him against the lawsuit! ๐Ÿ’ธ๐Ÿ’ฐ

๐Ÿ’ฅ So, here's the scoop: Ben Armstrong says it's a coup, while others say it's a cleanup. ๐Ÿงน๐Ÿ›๏ธ

It's like a thrilling crypto telenovela, filled with twists, turns, and a dash of uncertainty! ๐ŸŒช๏ธ๐Ÿ•ต๏ธโ€โ™‚๏ธ

๐Ÿค” Who's really pulling the strings in the Bitboy Crypto saga? Is it a coup, or just a plot twist that even Hollywood couldn't dream up? ๐ŸŽฅ๐Ÿฟ

Stay tuned, crypto enthusiasts, because this drama is far from over! In the crypto world, there's always another episode waiting to be mined. ๐Ÿ’Ž๐Ÿš€

Now, Stay subscribed and ask your Web3 friends too as we will update you on more news as soon as we have some progress ๐Ÿ˜Ž

This is what the JOINT #14 had to offer we went from coinbase to OKX and we promise to deliver an even better experience next time๐Ÿค—๐Ÿค— so stay subscribed!

Also please do me a favor and share this newsletter with your web3 friends ๐Ÿซ‚๐Ÿซ‚(secret - this will make sure you make good money in web3 world in the coming future)โค๏ธโค๏ธ๐Ÿ˜ญ๐Ÿ˜ญ๐Ÿ˜ญ

Thanks for spending your valuable 5 minutes with us, see you soon in JOINT #15!!๐Ÿซ‚๐Ÿซ‚

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