🧠 Azuki, Beeple, Fidelity...here's what you missed

Seedphrase Daily 👋 We make crypto so simple even a 2nd grader can learn it!

Today's Agenda 📓:

  • 🎤 Check out the new podcast!

  • 🧠 Beeple’s new project.

  • 🪙 Azuki will launch a Physical Backed Token.

  • 💰 Fidelity reveals a new $5M ETH index fund.

  • 😂 Meme of the Day.

🎤 Check out the new Podcast!

AYO! We’re back with a brand-spanking new podcast full of gems and great conversation for your beautiful ears to listen to. 👂

This week we brought on Morgan Stone to talk about:

  • Proof of Experience for job applications

  • The LinkedIn of Web3

  • Roo Troop NFT community

  • Zagabound’s controversial personality.

👇 Check it out by clicking below! 👇

🧠 Everything you need to know about Beeple’s new NFT art gallery.

Beeple is the top G of NFT Artists, with the biggest sale of $69M for a single piece.

Now he’s expanding to bring NFTs into the real world by building a digital art studio in Charleston, South Carolina, that will give people an IRL experience.

A new way for NFTs to shine. ☀️

Typically digital art is viewed digitally. Duh.

But what if it came to the real world? NFTs with real-world experience give collectors an immersive experience, similar to going to a museum like the Louvre or AGO. It’s the thing that brings credibility to the space and gives people real experiences and memories associated with NFTs.

This would help people understand that NFTs are more than just JPEGs. Their art people can feel and take a part of it home.

The definition of building. 🔨

Beeple is showing us that even during a bear market, we can push the industry forward and find new ways that NFTs can be integrated with everyday life.

Here’s Beeple’s official announcement. 🤝

🪙 Azuki will launch a Physical Backed Token

At one point, Azuki had over 265K ETH in volume and a floor price of 11.72 ETH.

But after some drama with the founder, Zagabound, who is accused of multiple rug pulls with miltiple projects, Azuki's dipped down hard. Fast forward to now: he’s doing arguably more for the space than 90% of founders.

The most recent announcement is for a Physical Backed Token (PBT), a token that ties physical items to a digital currency. Kind of like what Gold was to the U.S dollar before they depegged from gold and started printing out trillions.

Introducing Scan-to-Own. 🤓

Azuki is releasing 9 golden skateboard PBT's, all tied to the Azuki story and made with real gold.

How to get it 👇:

  1. Log onto the decentralized server

  2. Use your phone to scan the chip they provide to mint and claim the new token.

  3. If the physical item gets sold or gifted to a new owner, the owner can then scan-to-own the physical object.

  4. On October 21st, you’ll be able to buy Azuki’s PBT.

New utility for NFTs. 🎉

Decentralized authentications of products and tracking ownership of physical items will add a whole new layer to the blockchain.

It adds products correlated to real-world value and, more importantly, innovates NFTs from just JPEGs people flip to something related to real life. Something the space desperately needs for it to prosper.

Tracking’s real-world value. 🌎

Tracking on the blockchain will revolutionize the current way of keeping up with personal items. Using this technology will show actual ownership and avoid theft of your goodies.

💰Fidelity reveals a new $5M ETH index fund.

Fidelity Investments is anthat deals with and generates billions of dollars every year.

Their newest venture 🎊: An ETH index fund that already has $5M invested.

Index Funds are investment funds that follow benchmark indexes, similar to the S&P 500 or the NASDAQ. When you put your money into it, that cash is used to invest in all the companies that make up the particular index.

Fidelity’s other crypto advancements 👇:

  • EDX: A crypto exchange in collaboration with Charles Schwab and Citadel Securities.

  • BTC Rumors: Fidelity is rumoured to offer Bitcoin trading to more than 34M of its retail customers. 

The importance of this. 🤝

With one of the largest investment firms stepping into the space, they’ll expose the technology to over 34M customers.

Even if not all of those customers invest in crypto, there will still be tons of wealth being put into the markets.

Things are getting built, brick by brick.

😂 Meme of the Day

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DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research

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