tl;dr
First, I would like to start with a correction from yesterday's video. Nike and Roblox - I said I would get back to you about that Roblox deal. It was Nike that said they would work with them to create Nikeland in the metaverse.Moving ahead, we have: • Microsoft • NFTs • Defi • Gala Games • Bitcoin ...
First, I would like to start with a correction from yesterday's video. Nike and Roblox - I said I would get back to you about that Roblox deal. It was Nike that said they would work with them to create Nikeland in the metaverse.
Moving ahead, we have:
• Microsoft
• NFTs
• Defi
• Gala Games
• Bitcoin
• Charles Schwab
1. Microsoft's purchase of Activision Blizzard is a huge move; not only are they going to gain a bunch of IP, but it also puts them in a unique position to really put a stamp on the metaverse concept and solidify their multi-platform approach to gaming (Xbox, mobile and metaverse); while on CNBC this morning Microsoft's VP of Gaming and the CEO of Activision Blizzard, Bobby Kotick, both mentioned the metaverse, I would say that is at the forefront of their minds in a major fashion; they went in-depth on what they think the metaverse will look like in the future; let the porting begin! I think there will be a number of portal ideas that will come from this that will enable you to move from one environment to the next; I will say it says a lot that Nadella, Chairman and CEO of Microsoft, did not get on camera with Kotick, I am pretty sure it has to do with the sexual harassment allegations surrounding Kotick
2. NFTs
a. Coinbase has partnered with Mastercard for NFT marketplace purchases - the idea would allow people without crypto wallets to still purchase NFTs; with just a little bit of thought, it is not hard to think about coming possibilities in the NFT space
b. NFT protocol, Metaplex, attracts a diverse set of investors, including NBA legends, Michael Jordan, Allen Iverson and Alameda Research with a $46M raise to expand gaming and metaverse applications
c. Even Mercedes-Benz is getting into the game, partnering with NFT artists to celebrate their G-Class series of cars
d. Korean crypto exchange Bithumb announced they are going to launch their own NFT marketplace
3. Defi
a. Anchor article on CryptosRUs and why I am going to dive into Defi versus keeping so much money is almost no-yield bank accounts
b. I am a crazy newbie in the defi space
c. Why I think defi and the metaverse concept is just like Web 1.0 and 2.0 transformations
d. This leads me into the power of Defi; this is where you can borrow and lend cryptocurrencies and earn profit from those transactions; there are a of plays to explore in this space, including Anchor and Defi Kingdoms and more; each having a wide variety of earning potential from 10% to even beyond 400%; there is a lot of research I have to do to see if this fits for my investment portfolio, I would compare this to dividend yields from stocks as I evaluate risk
4. Gala Games
a. Following on the heels on their Binance listing, Gala Games is coming hard with Play-to-Earn gaming announced yesterday and today
b. They are up over 6%; over time I am expecting Gala Games to continue an upward trend
5. Bitcoin
a. Bitcoin Miner Rhodium set for IPO is valued at about $1.7B
b. Mr. Wonderful, Kevin O'Leary, says he will be investing in crypto miners; this is important considering he was so against crypto in the fairly recent past; given that IPO announcement and valuation I do not think this is a coincidence
c. Stop freaking out about BTC price moves right now, it's not really a drop; it is still moving within current norms; it is just having a tough time breaking through $44K
d. Stacks, already doing smart contracts on Bitcoin, could usher in TVL opportunities for Bitcoin with Alex working to launch a native Bitcoin defi project running on Stacks
6. On CNBC today, Charles Schwab CEO, Walter W Bettinger II, says they would like to be able to get involved in crypto, citing the excessive costs of trading crypto now and how he thinks their involved could reduce those rates.
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