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- ποΈ The old-school media is getting in on crypto
ποΈ The old-school media is getting in on crypto
ποΈ The old-school media is getting in on crypto π€ Telegram gets a bot that lets you trade TON βοΈ NFT Archeology: ancient Ethereum project Linagee Name Registrar rediscovered
GM, vEmpions! Aristotle once said: "Quality is not an act, it is a habit." The same can be said of success. Success is not something you achieve overnight. You have to work hard and be persistent. You have to have a positive attitude and be willing to learn from your mistakes. So don't be a quitter!
Here's what recently happened in the space:
ποΈ The old-school media is getting in on crypto
π€ Telegram gets a bot that lets you trade TON
βοΈ NFT Archeology: ancient Ethereum project Linagee Name Registrar rediscovered
The old-school media is getting in on crypto
NFTs aren't just a flash in the pan. They're here to stay, and it looks like even old-school media is jumping on the bandwagon. When Keith Grossman, President of TIME magazine, was interviewed by Decrypt at the Mainnet conference in New York, he revealed that Web3 wasn't part of the original plan for the iconic magazine.
"The main plan was never to bring TIME into Web3," said Grossman. "We were really rehabilitating a brand that was neglected for ten years."
So what made him change his mind? When the pandemic hit, everything changed. Grossman realized that his digital identity was just as important as his physical one. Initially, he was interested in cryptocurrency when he worked at WIRED in 2014 and pushed for the company to buy a new computer to write a story about mining Bitcoin in the office.
However, what had been percolating for years finally solidified when the Nyan Cat, a viral GIF of a rainbow-farting feline with the body of a PopTart, sold as an NFT (non-fungible token) for nearly $600,000. That made Grossman sit up and take notice, then he realized that the TIME cover magazine itself could be an NFT:
"The cover of TIME - that red border - for 99 years has been a meme," he said.
Everyone at the TIME magazine thought Grossman was crazy when he brought up the idea of NFTs. TIME has since made $10 million in profit from their NFTs, which is more than they've ever made from advertising.
So it seems that even the old-school media is getting in on the cryptocurrency craze. That can be good or bad depending on how you feel about it, but one thing is for sure - the space is heating up and it's only going to get more interesting from here on out. Who knows, maybe in a few years we'll all be reading TIME through NFTs on our new blockchain-based phones.
Telegram gets a bot that lets you trade TON
It seems like Telegram is becoming the new go-to place for everything crypto. A new bot called the Telegram Wallet Bot lets users exchange cryptocurrencies with each other right within the app. The bot, which launched in April, currently allows users to buy and sell TON (the native token of the Telegram Open Network).
Telegram Open Network is a decentralized blockchain platform that is being developed by the Telegram team. The project is still in its early stages, but the team has already released a test version of the network.
TON is maybe not the most popular cryptocurrency out there, but at least you can use it without having to leave the Telegram app. And having a P2P option is always a good thing.
With the latest update, users will be able to buy and sell other cryptocurrencies as well. The bot will act as a guarantor for each transaction, ensuring that both parties are happy with the trade. It's pretty interesting that Telegram is becoming a hub for crypto activity, and we can't wait to see what else the crypto devs will come up with next.
NFT Archeology: ancient Ethereum project Linagee Name Registrar rediscovered
Is NFT archeology a thing? Apparently so, if you're looking at the recent frenzy over an early Ethereum project called Linagee Name Registrar.
This project allows users to mint their own domain name NFTs, similar to other applications like Ethereum Name Service. However, what makes this project unique is its age. The smart contract for Linagee was deployed all the way back on August 8, 2015, making it one of the earliest NFT projects on Ethereum.
The newfound interest in Linagee can be traced back to a tweet storm by self-proclaimed "NFT historian" Leonidas. Leonidas posted about the project on September 30, hinting that it could be "potentially the oldest" NFT project on Ethereum. He also hosted a Twitter Spaces call titled "Oldest NFT on Ethereum Just Rediscovered," which drew in over 6,400 listeners.
It's not very clear wheter the interest in Linagee is due to its age or because of its potential as an NFT domain name registrar. However, one thing is for sure: with the recent explosion in popularity of NFTs, it's only a matter of time before we start seeing more and more "archeological" discoveries like this one.
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