The Drop

A former newsletter covering everything in crypto, by @Blockworks_

[The Drop @thedropnft]

wrote about Zoraganda in today's newsletter

right now, Zora creator coins don’t have inherent utility beyond acting as a donation vector or being flipped for profit

but a channel dubbed Propaganda, which was granted early access to Zora’s livestreaming feature, has built out a simple trading game using their creator token

ex-Base employee Bobby Thakkar is behind it

yes, Zora creator coins are customizable in the sense that you can declare/assign external utility to them

but i'm still wondering if Zora will continue to put the bulk of the work of making a token have utility on creators, or whether some gud features are coming at some point

[The Drop @thedropnft]

0% chance peter knows about the trenches

[Kate Irwin @kateirwin]

"Where I see nothing but greed is in the bitcoin."

-Peter Schiff

[The Drop @thedropnft]

the drop knows all

[Kate Irwin @kateirwin]

if you're building a unique crypto app, I want to hear about it

i like speaking with founders directly + getting their takes on both their app and the landscape as a whole

i also want to hear from VCs investing in crypto's app layer

if you're keen, reach out via email!

[Blockworks @Blockworks]

DEXs might be decentralized, but crypto’s app layer is painfully not

[Kate Irwin @kateirwin]

Polymarket hivemind thinks Monad FDV may be over $6B

[The Drop @thedropnft]

Friday vibes immaculate

[The Jerry Foundation @JerrySinger]

Weekly Wrap Up w/ Kate Irwin https://t.co/dNJdS6XMdc

[The Drop @thedropnft]

@coopernicus01 you are cooked my guy

[Blockworks @Blockworks]

The new a chain-agnostic app layer is aiming to reward players of any game, in any token — and reward devs, too

[Kate Irwin @kateirwin]

Gaming Capital Markets are coming

Zynga co-founder @jtwald is making it happen with an app layer for gaming that can reward players and devs of any game with any existing token

@ogprotocol could also be added as an integration within existing crypto wallets via a "play" button of sorts next to any token in addition to existing wallet options like buy, sell, or swap

“We probably have 30 or 40 wallet partners that are already interested in doing it,” Waldron told me.

[The Drop @thedropnft]

Unpacking the biggest problem "web2" founders face coming to crypto, and @icmdotrun's plan to fix it:

[Kate Irwin @kateirwin]

https://t.co/gac8ZkEIiA

[Kate Irwin @kateirwin]

ICYMI: Animoca is launching a blockchain for SAND

There's a lot of moving pieces here:
-Creator tokens can be generated + staked for yield
-SANDpoints
-Creator Points
-Patron vaults = loan pools creators/projects can pull from, liquidity providers earn points and yield
-Creator Vaults = supporting creators to unlock perks

Testnet expected Oct 14, vaults expected by next year.

[The Drop @thedropnft]

just 12 tokens make up over 55% of pumpfun's aggregated fully diluted market cap

internet capital markets

[Byron Gilliam 🟪 Apocaloptimist @bgilliam1982]

People tell me I write good about crypto... so I wrote a thing about writing.

Four years of learnings in a four-minute read, here: https://t.co/TQxmu3LXsE

[Blockworks @Blockworks]

Coinbase Ventures, Collab+Currency and others contributed funding for the ultimate social trading tool

[The Drop @thedropnft]

EXCLUSIVE: Share (@sharexyz) has just emerged from stealth and closed a $5 million funding round from Coinbase Ventures, Collab+Currency, Palm Tree Crypto and angel investors, The Drop has exclusively learned.

Share is an upcoming app for Solana, Base and Ethereum that shares crypto traders’ transactions and offers users a real-time feed of others’ onchain activity

Users can also trade tokens, examine charts and follow wallets.

[Kate Irwin @kateirwin]

EXCLUSIVE: @sharexyz has raised $5M from Coinbase Ventures, Collab+Currency, and others to build the ultimate social trading app.

Share comes from Scott Gray (@Scott_eth), who previously founded Genie (acq by Uniswap)

[Kate Irwin @kateirwin]

Building the future of AI onchain 🫡

[dub @uhhdub]

"Ai is everywhere. Just like web3 it's definitely not a bubble.." - @ysiu

[Kate Irwin @kateirwin]

The future is onchain.

Reporting to you this week from Seoul at the Story Origin Summit!

Cohosted by @blockworks

[Blockworks @Blockworks]

Join us in Seoul