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- XRP to the moon๐
XRP to the moon๐
Plus : Snoop Dogg's Web3 investment
XRP TO THE MOON ๐
Plus : Snoop Dogg's Web3 investment
Welcome ๐to Joint #5! We are sure to give you some insights about this week's weekly updates too๐ฅณ 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 on July 17, 11:52 pm
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 -
XRP to the moon๐
Google Play Integrates WEB3 ๐ค๐ป
Snoop Dogg's Web3 investment ๐ค๐ป
Understanding OpenSea's Business โต๏ธ
๐XRP TO THE MOON ๐
Presenting a landmark victory for the cryptocurrency industry!๐ฅณ๐ฅณ๐ฅณ๐๐
The US Securities and Exchange Commission (they announced the landmark judgement)
A US judge on July 13 made it clear that Ripple did not break federal securities laws by selling XRP on public exchanges!!๐ค๐ฐ
Now, this move has sent the value of the token soaring TO THE MOON!๐๐
The SEC has sued a number of crypto firms in recent months. They argue that most crypto tokens are securities that should be registered with the agency lol ๐๐ฅฒ
Pov you still hodl XRP ๐
However, with this big positive decision about Ripple XRP, there is a lot of HOPE IN THE CRYPTO INDUSTRY!๐ญ๐ญ๐ค๐ป๐ค๐ป
Ripple is now confident that U.S. banks will start wanting to use XRP for cross border transactions now!
XRP Price Action
Major reason being the judgement given by the court in favor of ripple.
This has given confidence to only other crypto firms, but also US Banks and crypto exchanges all over the world!๐๐๐
๐Google Play Integrates WEB3 ๐
Google Play, the renowned app store for Android devices, has embraced the principles of Web3, offering users a more decentralized ๐and open experience! Bole toh Web3 Google๐ค
Google Play has integrated blockchain technology and smart contracts to ensure transparency, ๐security, and user control over their digital assets๐
Developers can create their own tokens or use existing blockchain standards like ERC-20 or ERC-721 to represent ownership of digital assets within the platform๐ฐ
These tokens enable developers to monetize๐ธ their apps and services directly, without relying on traditional payment gateways๐คฏ
Privacy and data ownership are also prioritized in Web3 Google Play ๐
User data is encrypted and stored securely on the blockchain, granting users control over their personal information๐ฅณ
With decentralized identity solutions, users can manage their digital identities across multiple platforms and maintain privacy while engaging with different apps and services. THIS IS JUST AMAZING ๐ค๐ป๐ค๐ป๐ญ๐ญ
This transition not only benefits developers and users but also contributes to the broader vision of Web3๐๐ฏ
๐ค๐ปSnoop Dogg's Web3 Investment ๐ค๐ป
The OG rapper and entrepreneur, has shown interest and involvement in the Web3 space in recent years๐ค๐ป๐
This time he has helped bridge the gap between streaming and monetization for artists with a new major investment๐คฏ๐ธ(ofc less than what he spends on weed๐๐๐)
Virtual Concert
Snoop Dogg has invested in Web3 music platform Soundโs $20 million funding round!๐คฏ๐ฐ
Sound works to help artists earn money by making their songs into NFTs๐๐
David Greenstein - Sound Founder
It has gathered $5.5 million in sales since its 2022 beta launch. This makes it the best in game and has various artists like Eminem, Snoopy, Britney Spears to name a few are a part of Sound Network ๐ค๐ป๐ค๐ป๐ญ๐ญ
Sound will use the new funding for further expansion related to artist relations, marketing, and engineering teams!๐งฟ๐
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 updates ๐ค๐ป SUBSCRIBE NOW!
๐ธUNDERSTANDING THE BUSINESS OF OPENSEA ๐ธ
OpenSea โต๏ธ is a company that operates an online marketplace where people can buy and sell digital items like collectibles, photos, digital land etc! (Web3 ka Amazon hi samjho๐๐ค๐ป)
OpenSea's Homepage
It's a bit like an online store where you can find all kinds of unique and interesting things, but instead of physical items, everything is digital๐ค
Sometimes, these digital items are very special and valuable, just like rare collectibles in the real world! Isn't this cool?๐ฅบ
Pov you just sold your first NFT ๐
People who create these digital items can sell them on OpenSea, and others who are interested can buy them. As simple as that!!! ๐ญ๐ญ๐ญ๐ค๐ป
OpenSea uses blockchain to make sure everything is safe and secure๐
You after realizing OpenSea is SAFE
This way, you can be sure that the item you're buying is authentic,๐ซ and the person selling it actually owns it๐คซ
One of the cool things about OpenSea is that it's open to everyone. Anyone can create an account and start buying or selling digital items๐ฏ
This means that artists, game developers, and other creative people have a place to showcase their work and make money from it๐ฐ๐
Devin Finzer and Alex Atallah founders of OpenSea
OpenSea is one of the biggest NFT Marketplace with a valuation of $13.6 Billion!
Around 5,000 NFTs are being sold daily as of April 2023 and they have a market share of nearly 66%!๐๐คฏ
Now,Stay subscribed and ask your Web3 friends too as we will update you on more web3 news ๐
This is what the JOINT #5 had to offer we went from Snoop Dogg to OpenSea 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 #6!!๐ซ๐ซ