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- CoinBase CEO wants You to Read this!
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 ๐to Joint #14! We are sure to give you some insights about this week's weekly updates๐ฅณ keep reading!
This week was really happening and yes aapko ni ideaโฆbut worry not! Web3 Stash Hai na๐ Let's start by having a look at BTC and ETH ๐
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 reading๐ญ๐ญ๐ค๐ป Today we will be covering the following topics -
Coinbase CEO gives Ideas to Buidlers๐ก
OKX Enters India ๐ฎ๐ณ
BitBoy fired Bitboy ๐ฑ
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! ๐ค๐ฐ
1/ I'm sharing the 10 ideas I'm most excited about in crypto right now. If you're building something in crypto or thinking about doing so - check it out.
Weโre building lots at Coinbase, but we don't have time to tackle everything. So I figured I'd share these. Bear markets areโฆ twitter.com/i/web/status/1โฆ
โ Brian Armstrong ๐ก๏ธ (@brian_armstrong)
4:32 PM โข Aug 30, 2023
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!" ๐๐ผ
Translation: "Humne ab basechain bana li hai aap ab uspar build karo, pese hum laga denge" ๐ธ๐
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! ๐๐
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!" ๐ธ๐ฅณ
2. OnChain Reputation: Think of it as Cibil Score for blockchains. If your address is good, you get a digital gold star! โญ๐ค
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! ๐๐๏ธ
4. OnChain Capital Formation: Imagine Bajaj Finance but turbocharged for blockchain, making it rain capital for all the innovative brains out there! ๐ง๏ธ๐ผ
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! ๐ผ๐ฐ
6. Privacy for Layer2: When you need a digital mask, like a superhero for your crypto transactions. ๐ฆธโโ๏ธ๐
7. OnChain P2P Exchange: Binance P2P, but without those middlemen. Smart contracts FTW! No more "bina-influence"! ๐๐
8. OnChain Games: In-game items as NFTs, taking the gaming world by storm. Your digital sword could be worth a fortune! โ๏ธ๐
9. Tokenizing Real-world Assets: Let's put everything on the blockchain. Commodities, stocks, and even your grandma's antique teapot! โ๐
10. Software To Start and Manage Network States: Imagine managing events and even your own nation on the blockchain. Decentralized governance and tax collectionโcrypto-style! ๐๐๏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! ๐๐๐ฐ
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"!
๐ 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. ๐๐ฎ๐ณ
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! ๐งโโ๏ธ๐๐คทโโ๏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 ๐ฐ
Meanwhile, the average Indian is scratching their head, wondering what's cooking. ๐ค
Without clear rules, they're like actors on stage without a script. What's next, an improv comedy show? ๐ญ๐
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. ๐คฃ๐
It's like the British arriving during an Indian princely state feud โ drama, drama, and more drama! ๐ฌ๐ง๐๐ญ
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! ๐ฌ๐
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! ๐ฟ๐ฆ
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!๐ฅบ๐ฅบ
That's the only fee you guys need to pay for getting many more cool explanations on complicated topics๐ค๐ป SUBSCRIBE NOW!
BitBoy Fired Bitboy
Crypto universe has just delivered its very own soap opera, starring none other than Ben Armstrong, the Bitboy Crypto guy! ๐ฟ๐ฅ
๐ 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! ๐ฒ๐ฐ
๐ 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! ๐ป๐
๐ฌ In a surprising twist, Ben Armstrong, the mastermind behind Bitboy Crypto, has been shown the exit door from his own company! ๐ช๐โโ๏ธ
This is Ben.
TJ Shedd & Justin Williams have attempted a coup at my company.
Just confirming what is going around. Itโs true. There has been a mutiny at BitBoy Crypto & Hit Network. But it wonโt work. They have no leverage
Until they can clone me, I have nothing to worry about
โ $BEN (@joinBENCoin)
8:58 PM โข Aug 27, 2023
Now, here's where the fun begins: He's calling it a coup! ๐คฏ๐คจ
๐ 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? ๐ฉ๐ฅ
๐ช 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! ๐ธ๐ฐ
๐ฅ So, here's the scoop: Ben Armstrong says it's a coup, while others say it's a cleanup. ๐งน๐๏ธ
It's like a thrilling crypto telenovela, filled with twists, turns, and a dash of uncertainty! ๐ช๏ธ๐ต๏ธโโ๏ธ
๐ค 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? ๐ฅ๐ฟ
Stay tuned, crypto enthusiasts, because this drama is far from over! In the crypto world, there's always another episode waiting to be mined. ๐๐
Now, Stay subscribed and ask your Web3 friends too as we will update you on more news as soon as we have some progress ๐
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 time๐ค๐ค so stay subscribed!
Also please do me a favor and share this newsletter with your web3 friends ๐ซ๐ซ(secret - this will make sure you make good money in web3 world in the coming future)โค๏ธโค๏ธ๐ญ๐ญ๐ญ
Thanks for spending your valuable 5 minutes with us, see you soon in JOINT #15!!๐ซ๐ซ
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