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Jay - Web3 Matters
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Hardcore tips on securing your hardware wallet. #web3 #crypto
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Telegram's Transformation in the Crypto Landscape CEO Pavel Durov recently announced plans to launch a mini app store and an in-app browser with support for web3 games, aiming to enhance the web3 experience for Telegram's 900 million users. Key Highlights: Blockchain Integration: - Telegram and The Open Network (TON) blockchain are leading this shift. Gaming Impact: - Tap-to-earn games like Notcoin, Yescoin, and Hamster Kombat are gaining traction. Notcoin alone helped TON onboard over 1 million walletsยฒ. Growth Metrics: - TON's Total Value Locked (TVL) surged from $300 million in May to over $760 million today. - Toncoin's price tripled this year, rising from $2.30 to over $7.00ยฒ. Why This Matters: Telegram's initiative could make 2024 a landmark year for blockchain adoption. As Durov stated, "2024 will go down in history as the year when hundreds of millions of people became familiar with blockchain"ยณ. Challenges and Opportunities: - Addressing challenges like combating scams with measures such as displaying account registration dates and principal countries. - Allowing organizations to issue labels for channels, creating a decentralized marketplace for verificationยฒ. What's Next? With the $500 billion annual gaming market ripe for disruption, Telegram's integration of blockchain and web3 could be a game-changer.
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The biggest catalyst for innovations in Web3 will not be the rate cut or BlackRock buying more Bitcoin. Instead, it could be the election of Trump as President. I don't typically make political posts or take sides, but this situation is different. The current Biden administration and its allies have been openly hostile towards crypto: - Vetoed crypto-friendly legislation - SEC sued numerous legitimate crypto companies - Gensler labeled almost all cryptocurrencies as securities - Senator Warren campaigned to build an "anti-crypto army" This hostile attitude and lack of regulatory clarity have stifled innovation in Web3, pushed many legitimate builders overseas, and curtailed Web3 VC funding. On the other hand, Trump has: - Promised to legalize crypto in the US - Picked a VP who holds a substantial amount of Bitcoin - Sold multiple NFT collections, receiving Ethereum - Scheduled to speak at the Bitcoin conference in July 2024 This is why I believe that the election of Trump could be a game-changer. He would likely fire Gensler and appoint a new pro-crypto regulator. We could also see new crypto-friendly legislation signed into law. These changes would bring much-needed regulatory clarity and give Web3 founders the space to build, spurring significant innovation.
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Crypto was "over" many times: 2014: Mt. Gox collapse 2022: Luna collapse, FTX collapse 2024: Germany, Mt. Gox, more to come But after these manipulations, the real bull run began. ๐งต : How market makers manipulate the market and how not to fall for it ๐
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Crypto was "over" many times: 2014: Mt. Gox collapse 2022: Luna collapse, FTX collapse 2024: Germany, Mt. Gox, more to come But after these manipulations, the real bull run began. ๐งต : How market makers manipulate the market and how not to fall for it ๐
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Web2 vs Web3 marketing - the difference you need to understand ๐๐ก Web2 funnel is a linear path. ๐ถโโ๏ธ You craft a message, push it out, and hope it resonates. It's a one-way street. ๐ง Web3 funnel? More like a web. ๐ธ๏ธ It's decentralized. It's a conversation. ๐ฃ๏ธ It's not about pushing messages, but building communities. ๐๏ธ Web2 is about capturing attention. ๐ฏ Web3 is about fostering participation. ๐ Web2 relies on data. Web3 thrives on trust. ๐ค Web2 is about the masses. Web3 is about the individual. ๐ง Web2 is selling. Web3 is sharing. ๐ Web2 is about control. Web3 is about freedom. ๐๏ธ Marketing in Web3? Build trust. Foster participation. Share values. ๐ Remember, in Web3, everyone is a stakeholder. Treat them as such. ๐ฅ
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