EddieJayonCrypto
16 May 22
• Polygon CEO offers to help migrate Terra projects to Polygon• PersianCapital suggests Terra payouts to "poorest" 99.6%• Grayscale launching its first crypto ETF in EuropeWhen you have a market that is doing so poorly (7 weeks to the downside), I look for what can be seen as a brighter future. Here...
• Polygon CEO offers to help migrate Terra projects to Polygon• PersianCapital suggests Terra payouts to "poorest" 99.6%• Grayscale launching its first crypto ETF in EuropeWhen you have a market that is doing so poorly (7 weeks to the downside), I look for what can be seen as a brighter future. Here is what is on my mind today.1. Polygon CEO, Ryan Wyatt, has offered to help migrate Terra projects over to Polygon. It is common knowledge that I am a big fan of Polygon. This is because they seem to be focused on being a part of the Web3 backbone. This is what I call connective tissue. 2. PersianCapital (on Twitter), a self-proclaimed crypto skeptic and amateur investor, suggested Terra pay out first to the "poorest" 99.6% of wallets. Not only do I agree with making the smallest people whole, but CZ, CEO of Binance, and Ethereum Founder Vitalik Buterin also agree. 3. Grayscale, on the heels of private talks with the SEC, is launching its first crypto ETF in Europe. This is a big deal considering how the crypto space has been performing as of late. This says that big business sees it as a part of the future and continues to build a foundation for it to thrive and reach greater adoption.