Short Segments From My Notebook
While the US stock markets fell by up to 3 percent yesterday, coins remained flat. The crypto market hasn't shown such a strength in a long time. There is a saying for the stock market that "a stock that does not rise will fall." Should we also say that "coins that does not fall will rise" for the crypto market? Bitcoin has a rising trading volume, leaving behind a historically bad September. The veterans of the crypto market insist that the bear market will last at least until the end of the year. I want the market to revive as soon as possible.
What's going on in the NFT market? There has been a rising interest in specific collections lately. For example, the whitelist pre-sale of the Runi collection by the Splinterlands team took less than two minutes. In the Youtube channel Giancarlo Buys Tokens was talking about the rising interest in the Nouns collection. Nouns DAO issues Nouns NFTs. Every day one Noun is auctioned, and the proceeds go to the DAO. Noun 459 is sold today. The price formed in the auction is 60 ETH. Since this price was challenging to reach, the Nounlets project emerged. Within the scope of the project, Noun shares are purchased.
Yesterday on Coin Bureau, there was a program on ownership of NFTs. There can be full use, limited use, individual use, and creative commons use of the intellectual property of NFTs. Therefore, the rights granted to NFT owners change with each NFT project. For example, can I print and sell the t-shirt of the RUNI NFT I will have? Do the Splinterlands monsters have t-shirts? Or why not?
Since yesterday I've been playing Splinterlands extensively, a special bond has formed between me and the monsters. Card games are not a category I am familiar with, so I expected it to be complicated. The competition in the game turned out to be more challenging than I expected. I'm playing the modern version of Splinterlands. In the beginning, my rivals were constantly beating me. When I played 50 games in a day, I increased my win rate to 50%. They say defeat is the best teacher, and I'll probably get better with time.
Every day I look at the trending coins on Coingecko and Coinmarketcap. I came across a project called Vibarete on Coinmarketcap a few times recently. Viberate has been described as the IMDB of live music. It was an analysis platform used by musicians, and it came to the fore when the value of the VIB coin suddenly increased nearly 100 times. In addition, the EVMOS project, which brings together Cosmos and Ethereum, is constantly on Coinecko's agenda. They may be using bots to click on the Evmos page on the site. Or maybe the project has an enthusiastic audience.
Another topic that has been on my radar lately is sports. More precisely, web3 projects in the field of sports. Chiliz has been one of the best-performing tokens this year, operating in fan tokens. One of the essential representatives of the move-to-earn movement, Step'N also made early investors smile.
I think the Genesis Sports League project to be carried out on Hive did not make enough noise in the busy schedule. I believe it will be a game changer for both Hive and Splinterlands.
Recently @taskmaster5520 wrote an article about Disney investing in Web3. I believe Web3 will completely dominate music, sports, and entertainment. If we take entertainment broadly, it covers all branches of art, computer games, and sports. Of course, we should not forget the media. Web3 is ideal for individual activities because it takes engagement to the next level. I guess that the corporate applications of the blockchain will come into play much later, with the compulsion of individuals.
Somewhere in my mind, "I wonder what kind of game Leo Finance should make?" has a question. Could learn-to-earn be a viable alternative? It depends on how it's handled. Crypto price prediction game? Or a Capitalism-style company simulation? What can a lion do with finances? Is the forest in danger? Leo Finance's game can be expected to include DEFI mechanisms. There are many talented painters and designers in the Hive community. The competitions to be organized can help create the visual language of LeoVerse.
According to Turkey time, we have 6 hours left until October. The crypto market was volatile in the fourth quarter of last year. Prices rose in October and November, and concerns that the FED would raise interest rates in December caused prices to fall. Interest rates have risen and continue to increase. In the earthquake in May, structures with unsound foundations were damaged. The excesses have been filed, and the crypto industry has proven to be able to handle the stress. Those with reasonable expectations and complete determination continue on their way.
Thank you for reading.
Posted Using LeoFinance Beta