Lacoste Launches Dynamic NFTs!🐊

Welcome 🙏to Joint #4! We are sure to give you some insights about this week's weekly updates too🥳 keep reading!

This week was really happening and yes aapko ni idea…but worry not! Web3 Stash Hai na😇 Let's start by having a look at BTC and ETH 👀

Abhi let's dive into some good web3 news and trust me it's fun keep reading😭😭🤌🏻 Today we will be covering the following topics -

1. Web3 Smart Watch Accessories ⌚️

2. Dynamic NFTs from Lacoste 🐊

3. Understanding the concept of slashing in blockchain🔕

4. Hong Kong enters web3 🇭🇰

5. Indian Blockchain Week is here 🥳

⌚️WEB3 SMART WATCH ACCESSORIES ⌚️

Entrepreneur Nicole Steel is on a mission to fuse old-world craftsmanship with Web3 technology🤯

This week, during Paris Haute Couture Week, she unveiled a collection of luxury connected cuffs for the Apple Watch and shocked the world 📢

The cuffs are designed so that Apple’s smartwatch can be worn under the wrist, so your messages don’t flash up for all to see but wait! WHERE'S THE WEB3 PART IN THIS?? 🤔 Ruko zara Sabar kro 😭

The Features of the Watch are as follows-

1. NFC CHIP 💽

2. Access to NFTs on Polygon 🔗

3. NFT ownership perks like special party invites 🎊

4. Exotic Leather and world class craftsmanship 🛐

5. Exclusive community access 🫂

This smart web3 accessory is available both physically and digitally. The NFC chip makes the digital version of the NFT super accessible 🤌🏻🤌🏻

🐊DYNAMIC NFTS BY LACOSTE 🐊

The Mega Fashion Brand, Lacoste has been into web3 for a while now! And they have nailed it yet again🤯

They have introduced an innovative digital experience that allows fans to engage in community quests for rewards🎁 presenting Lacoste NFTs 🎊

Users will earn points, climb the leaderboard, and increase the rarity of their Lacoste cards. Higher rarity brings greater rewards, utility, and asset value💰💰

In June 2022, Lacoste🐊 launched their first NFT Collection and it comprised of 11,212 Genesis Pass NFTs, acting as digital "golden tickets" 🤔that brought loyal fans closer to the brand in the web3 world!

Lacoste believes that pioneering dynamic NFTs within the fashion industry reflects its visionary approach and more brands should adopt this 🤌🏻

If you ask me, THESE NFTs make a lot of sense💯 they improve the brand's communication and brings forward a community feeling of togetherness! Above all, it shows how futuristic the brand is 🤌🏻🤌🏻😭😭😭

👉🏻Understanding ”SLASHING” in Blockchain 👈🏻

Slashing in blockchain is like a referee keeping the players in line during a game of football ⚽️👮‍♂️

In blockchain, slashing is a punishment given to validators (participants who verify and validate transactions) for misbehaving👻

It's like giving them a yellow card or a red card in a football game. 🟥🟨

When a validator acts dishonestly or goes against the rules of the blockchain network, they can get penalized through slashing bole toh “Saza-ae-maut”💀

This penalty can come in the form of losing a portion of their stake or being temporarily BANNED 🚫🚫from participating in the network!😨

It's like being fined or suspended from playing in a match. 💸

Slashing is necessary to maintain the integrity and security of the blockchain because-

👉🏻It discourages validators from cheating ⛔️

👉🏻ensures that the network remains trustworthy and reliable👍🏻

👉🏻 hence improves blockchain experience 🥹

Just as rules and penalties keep a football game fair, slashing keeps the blockchain fair and honest. ⚖️⛓️

So, slashing is like the referee's way of saying, "Play fair or face the consequences!" ⚠️🔀

I hope this explanation cleared the concept of Slashing and now I want you guys to share this newsletter within your group and get us some more subscribers!🥺🥺

That's the only fee you guys need to pay for getting many more cool explanations on complicated topics🤌🏻 SUBSCRIBE NOW!

💸HONG KONG ENTERS WEB3!💸

Well enough of learning now, let's talk about something fun and dark! Maybe your future 👀 Finee sorry 😂😂😭😭 let's talk about the bright future of Web3 in Hong Kong……

Hong Kong, with its vibrant tech and financial sectors, has been closely following the global developments surrounding Web3! 📈

Hong Kong has a thriving blockchain ecosystem with numerous blockchain projects, startups, and researches🌐

The city's tech savvy community and its forward thinking regulatory environment have fostered innovation and experimentation in the blockchain space ( i wish Indian gov did so too🥺🥺🤌🏻)

Hong Kong's finance industry, on 6th July'23 recognized the potential of DeFi 🔗and is exploring ways to incorporate these innovations into its existing financial framework!🎊🎊

Despite its closeness to China, which has been an opponent to web3, Hong Kong has been really pushing to become a crypto hub🤌🏻🤌🏻😭😭

The Government there has made headlines by the launch of its Virtual Asset Trading Platform (VATP) handbook earlier this week!🤯🤯

This delivers a clear set of guidelines for Web3 companies looking to set up shop! HONG KONG IS KILLING IT FR💯💯

🇮🇳Indian Blockchain Week Aa Gaya🇮🇳

Hashed Emergent, a prominent web3 venture fund, is set to host India’s first multi chain web3 conference called India Blockchain Week (IBW)🇮🇳 on 6 and 7 December, 2023!

️IBW will showcase India’s growing influence in the web3 space, evident in the increasing adoption of cryptocurrencies and the emergence of innovative startups in the region🎊💯

Last year, the IBW attracted over 2,000 attendees and saw more than 450 project submissions, making it one of the largest Ethereum hackathons to date! 🤯

The conference aims to cover a broad spectrum of topics within the blockchain industry like -

● Technical Advancements📈

● Investment Opportunities💰

● Adoption and use cases💓

● Policy and regulations💻

● Unique web3 landscape🌐

Such meetups really need to take place more often and in tier 2-3 cities of India particularly! This will accelerate the mass adoption of web3🫂

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

This is what the JOINT #4 had to offer we went from slashing to IBW and we promise to deliver an even better experience next time🤗🤗 so stay subscribed!

Also please do me a favor and share this newsletter with your web3 friends 🫂🫂(secret - this will make sure you make good money in web3 world in the coming future)❤️❤️😭😭😭

Thanks for spending your valuable 5 minutes with us, see you soon in JOINT #5!!🫂🫂