Web3 Weekly Rollup: Crypto Wallets | Bored Ape Yacht Club Launches APE Coin | Web3 Tool of the Week
We’re very excited to announce that we've added another 49 members in the Web3 Academy Discord in the last 7 days.
As the community grows, we want to make sure everyone is getting the most value possible. To help with that, we strongly encourage you to join the New Members Meetup call in the Discord on Monday at 4pm EST.
We will be sharing the Web3 Academy Whitepaper and Roadmap with the community and answering any questions you might have.
Now, for the Weekly Rollup. In this episode we talk about:
The importance of Web3 wallets and their use cases
The launch of Bored Ape Yacht Club’s APE Coin ($APE)
Instagram’s announcement of NFT integration coming to the platform
The Web3 Tool of the Week
You can watch the episode below, or listen on your favorite platform Spotify | Apple Podcast | YouTube
Microsoft Jumps into Web3
Microsoft makes a large investment into ConsenSys. Started by Joseph Lubin, the co-founder of Ethereum, ConsenSys has built some of the largest Web3 tools, including Metamask. This is yet another signal of large corporations beginning to enter the space.
Your Ethereum wallet is MORE than just a WALLET
Your wallet does more than just hold assets. It is your ONE account. It will interact with every application and platform on the internet. You’ll no longer need a separate username and password for every platform you join. Instead, your wallet will be your single login to everything. It will also act as your identity - your name, avatar, and your digital history.
Resumes will become a thing of the past
Within a DAO, which is essentially a community based business, roles are created and earned by people who step up and contribute their skill or knowledge to the company.
Bored Ape Yacht Club acquires CryptoPunks and Meebits
Yuga Labs, the company behind BAYC, has purchased the intellectual property of CryptoPunks and Meebits from Larva Labs. They plan to bring more utility to both collections, while continuing the culture of Web3 and letting the community dictate what that entails - "We’ll be listening to the community before we decide what comes next.”
NFTs are coming to Instagram
During a talk at SXSW, Mark Zuckerberg confirmed that Instagram is preparing to integrate NFTs into their platform. Zuckerberg also hinted that Instagram users will be able to mint their own NFTs within the app.
Bored Ape Yacht Club launched their token, ApeCoin, on Wednesday. Holders of the coin will be given voting power on governance within the newly formed ApeCoin DAO. This will be really interesting to follow the development of, as they have some big time players sitting on the DAO’s board. ApeCoin was described as “a token for culture, gaming, and commerce used to empower a decentralized community building at the forefront of web3.”
Web3 Tool of the Week
Diagonal Finance has created crypto native subscriptions. Diagonal is built on top of another DeFi application called Superfluid. Superfluid built the functionality to “stream payments.” This is a game changer. Instead of an employee getting paid twice a month, streaming payments allows them to be paid every single second, by transferring small amounts into their wallet over the course of the month.
Web3 Academy Discord Highlights
@KOMO, a Web3 Academy Discord member ask about driving traffic to a Web3 Project. Kyle provides an in-depth take on the current state of marketing in DeFi/Web3 and shares some actionable ideas to drive traffic to projects.
If you're not already in the Discord community, make sure to join in to hang out with other creators, entrepreneurs & marketers on the forefront of Web3 innovation!
Please join us next Monday, the 21st at 4pm EST for our New Members Meetup. As more members continue to join, we want to make sure there is a space for everyone to introduce themselves, connect with the other members, and learn more about Web3 Academy.
Weekly Event Schedule
New Members Meetup: Mondays @ 4pm EST - LIVE in our Discord
Web3 DOer Spotlight: Tuesdays @ 4pm EST - LIVE in our Discord
Web3 News Weekly Rollup: Thursdays @ 4pm EST - LIVE in our Discord
2022 Web3 Report: Growth, Community and Marketing In the New Internet
Check out our Web3 Report to learn how blockchain, NFTs, tokens and the metaverse are revolutionizing how we think about marketing and business models in 2022.
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