Decentra Daily

A newsletter for the NFT-curious 🗞️ founders @WigglesCEO & @TwoSeven5 | written by @joe050

[Decentra Daily @DecentraDaily]

1/5 Rewards time! 🎁 Here’s how our referral program works:

Refer 1 subscriber = get our new eBook
Refer 3 subscribers = access Wiggles' Mints
Refer 5 subscribers = enter the Bullpen (TBA)

Refer subscribers by hitting the button at the end of today’s newsletter 💌🤝

[Watcher.Guru @WatcherGuru]

JUST IN: 937 financial firms disclosed spot #Bitcoin ETF holdings in Q1 2024.

Gold ETFs had just 95 firms invested in its first quarter.

[Decentra Daily @DecentraDaily]

@VonMak_ @solana @GemmyClub did you learn nothing from Moonbirds?

[Decentra Daily @DecentraDaily]

@WigglesCEO @ResearchHub Does @OX_DAO approve of this message?

[NON @Shartival]

My Day in Web3 - Dec. 5th/2023

Bald Man's Bounty: The Rise of $RSC and the Genius of Brian Armstrong's Coin

Hey Web3 family, Wiggles here! Today, I'm super bullish about $RSC – the token powering @ResearchHub. Here's a deep dive into why I believe in its potential to revolutionize academic research, and how it connects with groundbreaking projects like @newlimit.

1. Exploring ResearchHub's Innovative Model:

Revolutionizing Academia: ResearchHub is reshaping how academic research is conducted and rewarded. By sidestepping traditional journals, they're overhauling the incentives of publishing science.

Blockchain as a Solution: ResearchHub believes blockchain can fix the broken incentives in scientific funding and publishing. Their approach? Using an ERC-20 token to empower and compensate academics and researchers.

Tokenizing Contributions: The platform pays academics in crypto for reviewing papers and rewards researchers with upvotes and tips. It also offers crypto bounties for targeted research and contributions to meaningful scientific discussions.

2. Connection with NewLimit:

Brian Armstrong's Vision: As the founder of both ResearchHub and NewLimit, @brian_armstrong is at the forefront of using epigenetic programming to extend human healthspan.

Synergy in Missions: ResearchHub's model aligns perfectly with NewLimit's goal. It incentivizes research on real-world problems, potentially accelerating breakthroughs in healthspan extension.

3. Tackling Traditional Journal Problems:

Breaking the Profit Cycle: Traditional scientific journals often profit immensely by publishing free content at high subscription costs. ResearchHub aims to disrupt this by directly rewarding creators.

Faster, Fairer Publishing: The current academic publishing process is slow and can be discriminatory. ResearchHub's approach promises a more equitable, efficient system.

4. ResearchHub's Token Economics:

Controlled Token Release: The Research Foundation holds over 80% of $RSC's supply, with a cautious release plan of a maximum of 50 million RSC per year.

Ethical Considerations: Armstrong has pledged to recuse himself from any discussions about $RSC being listed on Coinbase, ensuring ethical practices.

Conclusion: Today, I doubled down on $RSC. I'm excited by ResearchHub's potential to advance projects like NewLimit and others, transforming how academic research is funded and published. It's a step towards a world where science is driven by genuine curiosity and societal needs, not just profit. That’s my bullish take for today, folks! What are you bullish on in Web3? #MyDayInWeb3

Disclaimer: that the content in this post is for informational and entertainment purposes only and should not be considered financial advice. Always conduct your own research and consult a financial professional before making any investment decisions. Remember, investing involves risk, including the potential loss of principal.

[Decentra Daily @DecentraDaily]

Think we might have to start providing some more alpha now y'all are back.

[Decentra Daily @DecentraDaily]

@Zeneca doubt it.

[Decentra Daily @DecentraDaily]

@WigglesCEO Reasons to subscribe to @DecentraDaily:

1. @WigglesCEO will give you foot rubs.

2. Alpha to make you wise investment choices

https://t.co/p0BPhK6QXa

[Decentra Daily @DecentraDaily]

🐺 Wolf Game Sneak Peak ⛰️: The games that are imminent!

Check out the article today from @WigglesCEO

https://t.co/xKH4wAQtVe

[Decentra Daily @DecentraDaily]

NFT character AKU (@AkuDreams) featured by @beatsbydre with a custom pair of headphones

[Beats by Dre @beatsbydre]

Meet Aku, a very imaginative dreamer who loves listening to music while he creates. When we found out he needed new headphones, we quickly hooked him up. Plus, we let him draw on them to mix his love of music and art.

[Decentra Daily @DecentraDaily]

@Harrisonds97 Oh yea!

[Decentra Daily @DecentraDaily]

@PBnJPEG @WigglesCEO You're one of our favs!

[Decentra Daily @DecentraDaily]

@brydisanto @WigglesCEO

[Decentra Daily @DecentraDaily]

@Bullkis1 we will 👀 you on the 🗻

[Decentra Daily @DecentraDaily]

@Gfunkera86 wen wen wen

[NON @Shartival]

It's Wednesday, June 7. These are your 24-hour web3 headlines from issue 230 of Decentra Daily! 👀

😮 The SEC strikes again. A day after filing a lawsuit against @binance, The U.S. Securities and Exchange Commission sues crypto platform @coinbase for running an unregistered securities exchange. Many see the SEC's actions as part of so-called "Operation Chokepoint," a coordinated governmental effort to shut down the crypto industry and replace it with a government-controlled digital asset market.

👜 @LouisVuitton launches NFT collection. Spending $42K on the luxury brand's first NFT project gets customers a "Treasure Trunk" filled with digital collectibles, LV products, and invites to events and experiences. NFT holders will also receive bespoke physical replicas of their trunks.

🖼️ AI art QR codes. A Redditor showed how it’s possible to use the AI image generator Stable Diffusion API with the app ControlNet to turn boring QR codes into neat pieces of art – the cool part is that the barcodes remain functional!

👩‍💻 Google has a free generativeai online course. The 10-part course covers “the fundamentals of Large Language Models” and “how to create and deploy generative AI solutions.”

🤢 Will Apple visionpro cure VR motion sickness? For many, a major roadblock to VR headset adoption is the prevalence of user motion sickness. Apple says they’ve designed a microchip that fixes nausea by processing data 8X faster than the blink of an eye.

🏦 JPMorgan Chase & Co. works with 6 big Indian banks to test blockchain-based transactions. The pilot scheme allows major banks to transfer funds between each other using the blockchain, meaning fewer transaction delays and no more customers left waiting on weekends and bank holidays.

Like this post and subscribe to the free Decentra Daily newsletter for expert web3 summaries sent straight to your inbox! 👍

https://t.co/N3fiV0wj5v

[Decentra Daily @DecentraDaily]

#230 - Louis Vuitton NFTs and SEC's Operation Chokepoint 😮

Make sure to like this post and subscribe!

https://t.co/fL0xOAb56J

[Decentra Daily @DecentraDaily]

have a read of this thread from our friends over at @bankless

[Bankless @Bankless]

👮‍♂️ The SEC Endgame 👮‍♂️

The SEC is showing its cards and Gary Gensler doesn't believe crypto in America should exist at all 🤯

A THREAD 🧵

1/6

[Decentra Daily @DecentraDaily]

https://t.co/B06zVdPH81

[Binance.US 🇺🇸 @BinanceUS]

This afternoon, the SEC filed a motion seeking a TRO and preliminary injunction against https://t.co/HrbX93eYuS attempting to, amongst other things, freeze https://t.co/HrbX93eYuS corporate assets. User assets remain safe and secure and the platform continues to be fully operational with deposits and withdrawals functioning as normal.

The filing of the preliminary injunction is unwarranted and based more on the SEC Staff obtaining an advantage in litigation versus genuine concern about the safety of customer assets. Until recently – despite years of engagement – the SEC Staff has not expressed a concern about the safety of customer assets. And through near around-the-clock dialogue over the past week, company’s counsel addressed SEC Staff’s concerns regarding the safety of customer assets. Despite the information the company has provided to ensure SEC Staff of the safety of customer assets, the Staff has nonetheless decided to file the motion seeking a temporary restraining order and preliminary injunction. While we are disappointed by this action, we look forward to defending ourselves in court.

[NON @Shartival]

Gm! Welcome to another week in web3. Here are your 24-hour headlines from issue 229 of @DecentraDaily. 👀

🕶️ @Apple's AR product updates. Apple revealed its $3499 AR headset, Reality Pro, during its WWDC event yesterday. But other announcements from the keynote speech suggest that Apple's entire ecosystem is moving towards AR. The company previewed support for high-quality gaming and graphics, adaptive audio that lets you wear airpods all day, and Zoom meetings where content is displayed virtually in the speaker's room.

👨🏻‍⚖️ The SEC’s market-crashing @binance lawsuit. The U.S. Securities and Exchange Commission sued the world's largest crypto exchange, Binance, and its CEO, CZ. The lawsuit contains 13 charges and alleges multiple violations of securities laws. The total cryptocurrency market cap dropped by over $50 billion in reaction to the news.

⛏️ There’s a ChatGPT bot playing @Minecraft. Accessing the game’s code via an API, the bot named Voyager sets itself in-game objectives, then completes them as a way to learn the rules and mechanics of Minecraft. Voyager is becoming a better player over time.

🔎 People have stopped searching for “crypto” on Google. It looks like the crypto and NFT hype that swept across mainstream culture in 2021 has now receded, with the space returning to the hands of specialists and degens.

🤔 One of Ethereum’s co-founders just moved over $40 million to an exchange. While the wallet that moved 22K ETH to Kraken is anonymous, @Nansen says they’re confident that its owner is Jeffrey Wilcke, the person who built the original version of web3s favorite blockchain.

Ok, there you go! If you want deeper summaries and high-quality links to each story, check out the full, free newsletter:

https://t.co/Oz9C0rw7H5

[Decentra Daily @DecentraDaily]

Fight that good fight @brian_armstrong, we are with you.

[Brian Armstrong @brian_armstrong]

Regarding the SEC complaint against us today, we're proud to represent the industry in court to finally get some clarity around crypto rules.

Remember:
1. The SEC reviewed our business and allowed us to become a public company in 2021.
2. There is no path to "come in and register" - we tried, repeatedly - so we don't list securities. We reject the vast majority of assets we review.
3. The SEC and CFTC have made conflicting statements, and don't even agree on what is a security and what is a commodity.
4. This is why the US congress is introducing new legislation to fix the situation, and the rest of the world is moving to put clear rules in place to support this technology.

Instead of publishing a clear rule book, the SEC has taken a regulation by enforcement approach that is harming America. So if we need to avail ourselves of the courts to get clarity, so be it.

Btw, in case it’s not obvious, the Coinbase suit is very different from others out there – the complaint filed against us is exclusively focused on what is or is not a security. And we are confident in our facts and the law.

We'll get the job done. In the meantime, let's all keep moving forward and building as an industry. America will get this right in the end.