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- 🧠 Onboarding billions to Web3
🧠 Onboarding billions to Web3
Ethereum just made a new move
GM Seedphrasers 👋 the crypto email that gets your brain going faster than the NZT48 Bradley Cooper in limitless.
📓 Today’s Agenda:
🔥 Hot Headlines
📚 The Story Behind Smart Wallets
🦍 Yuga Labs TwelveFold Mint Details
🤯 9m Worth of Game
🔥 Hot Headlines
📉 Crypto & The Markets:
UniSwap joins the mobile wallet scene - Read more
Texts from Binance Execs show plan to avoid U.S. scrutiny - Check it out
Check out this one-of-a-kind lawsuit from Crypto.com!
Immutable X announces launch of Illuviam - Read more!
🖼️ NFTs:
Owls NFT 400x in less than 2 days - Check it out!
CryptoPunks floor is on Blur for the first time! - Read more
Memeland artist dies? Find out
Base honors Nounsdao with recent metadata update - Check it out!
🤖 Ai
AI modeling agency?! You have to see this!
How AI is being used for good, Cancer detection. Read more
Using AI to read people’s minds...Check it out!
📚 The Story Behind Smart Wallets
When you tell most people about crypto for the first time, the easiest yet scariest part is how easy it is to completely lose all your money.
How? By losing the seedphrase (no pun), you lose your crypto.
In order to onboard the next wave of users into the world of web3 we all love, there needs to be some form of ‘password recovery’.
ERC-4337 is Jam-packed with new features focused on making Ethereum MUCH more user-friendly and solving some major problems like wallet recovery.
👉🏻 Some of the most important new features include:
Alternative Wallet Recovery: Allows users to have alternative password recovery options such as biometrics (face scanning), nominating a trusted friend/lawyer, and 2 FA.
Sponsored Transactions: Allows someone else to pay the gas fees for your transaction
Pre-approvals: pre-approve transactions for a certain period of time within a specific application.
The Takeaway: Onboarding the next wave of users into crypto just became easier thanks to the newest and clearest roadmap we’ve seen from Ethereum. As enticing as it sounds to many early adopters of crypto to own your own keys, that can be seen as a negative to many others. Giving people the option to do either or is a key for long term success.
For more about ERC-4337:
Wow, lots of excitement and questions about ERC-4337!
I'm going to address a few of the common questions and concerns people have about it:
— John Rising (@johnrising_)
9:51 AM • Mar 3, 2023
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🦍 Yuga Labs TwelveFold
Back again, last week we spoke about Yuga Labs new NFT collection that will be minting on the Bitcoin protocol. The 300 piece collection is a combination of 3D generated and hand drawn art.
What we know now: The mint started at 3pm PT on Sunday March 6th. The mint itself is a blind auction.(jesus take the wheel).
If you want to mint one of these NFTs, you’ll send your highest bid in bitcoin to the Yuga receiving address without knowing what other bidders are offering, mind games galore.
Why this matters: Yuga Labs is the largest NFT company by all measures. The fact that they’re launching a project outside of the Ethereum ecosystem acts a stamp of approval for many that the Bitcoin ordinals movement could be here to stay.
Why did Yuga choose to call it Twelvefold: Leonidas has a theory that Yuga will inscribe 25 images per bitcoin block which would result in 12 blocks that only hold TwelveFold art.
4/ The result would be 12 (😮) Bitcoin blocks that would only hold TwelveFold art. The image on the left is what normal Bitcoin block looks like and on the right is what I believe Yuga will try to achieve.
— Leonidas.og (@LeonidasNFT)
5:18 AM • Mar 5, 2023
🤯 9m Worth of Game
Wolf of wall street is a cool story, but hearing OSF talk about his crypto journey is just as cool. (bias take)
He sold 9m dollars worth of Monkey pictures in 1 day. He built a cultural Art project in the name of rektguy that stands in the top 50 NFTs in trading volume.
He’s impacted the NFT space like nonother and even lost out on millions in opportunity for being too early.
There’s nothing not INTRESTING about OSF so we sat down with him and talked about it, podcast is live, tune in.
Give us your take!Give us honest feedback, we have something in store for you. |
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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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