🌯How you can win $35,000 playing Chipotle’s new game

GM 👨‍👩‍👧‍👦

Seedphrase Daily👋 The crypto robinhood, giving you all the free opportunities to make you money.

Today’s estimated research time is 4 hours and 45 minutes condensed into a reading time of 2 minutes. Stay tuned to where we talk about:

• 🌯How you can win $35,000 playing Chipotle’s new game

• 📈Coinbase’s Nano Bitcoin future contract hits new volume records!

• 🎤Bored Ape Performs at Tomorrowland Music Festival

🌯How you can win $35,000 playing Chipotle’s new game

Chipotle's new online game "buy the dip" is a week-long promo giving away $200K in crypto and $2M in guac and queso dip.

Prizes will be given to 516 players ranging from $1.25K-$35K, which will be rewarded in BTC, ETH, SOL, AVX, and DOGE deposited in the winners' Coinbase accounts. And the other 700,000 players will receive vouchers for free food.

Here's how to play 🎮

• Each day you have the opportunity to play between 10 am and 6 pm.

• Each player gets one entry per game day. One entry allows three chances at the game.

• If you're familiar with rocket run, the concept is similar. You start on a line chart and decide when you want to get off.

• The game reveals if a prize is won at the end.

• You can claim the prize or swap it for the remainder of your plays.

• The game can be activated on the official Chipotle website by clicking the "Buy the dip" button.

Here are some of the prizes:

If you want to try winning some free prizes. Play here. Good luck 🤝

Chipotle has also begun accepting payments in 96 different cryptocurrencies. This shows conviction on their side and a clear belief that Web3 is going somewhere in the future.

"We want to build the next generation of Chipotle fandom by connecting with the Web3 community," Chris Brandt, Chipotle's chief marketing officer, said in a statement. "We're excited to bring positivity to the crypto conversation."

Overall, I think this is great for the space!

📈Coinbase bitcoin future contract hits new volume records!

Since market sentiment has been bearish, Coinbase spot trading fell from $200B in May 2021 to $59B in July 2022.

But the Nano Bitcoin Future contract has caused a massive increase in volume in the past few days.

Nano Future Contract? 🤔

This fancy lil thing is a futures contract representing 1/100 of a Bitcoin and can already be found on popular retail brokers such as EdgeClear, Wedbush and NinjaTrader.

Volumes for nano futures hit 217,045 contracts traded on July 19 but declined to 117,493 on July 22. Volumes stood below 50,000 contracts traded daily for most of June and July.

Coinbase's sales team said the firm saw a "surge in activity ever since retail broker partners started marketing/ promotional efforts last week."

Why are they important? 🌎

"It requires less upfront capital than traditional futures products and creates a real opportunity for significant expansion of retail participation in US regulated crypto futures markets," Boris Ilyesky, head of Coinbase Derivatives Exchange, said at the time of the product's launch.

🎤Bored Ape Performs at Tomorrowland Music Festival

This ape had people going bananas at one of Belgium's biggest electronic dance festivals. The owner of Bored Ape #9184 aka. Ape Rave Club took the main stage during the second weekend of Tomorrowland.

Check out the set!

It's cool to see how many people are identifying with their NFTs or using them as vessels to spread a message.

Imagine Ape Rave Club could turn into the next Steve Aoki and sold out stadiums.

The Web2 equivalent is Marshmallow, no one even knows what he looks like, and he's become such a massive force in pop culture.

Could we see an NFT persona become Drake status? 👀

Meme of the Day

See you tomorrow! ✌️

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