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- LensLinks: Issue 72
LensLinks: Issue 72
A blockchain news roundup, brought to you by Regiment LLC
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Today in LensLinks:
The Next Big Thing? AI in Crypto?
RETRO: When the First NFL NFTs Dropped
Metaverse Impacts on Industry - Here's Why
"Shanghai Hard Fork" - Crypto Traders Place Their Bets
Is Risk-On Trading Back? Crypto Notches Rare Rally.
What Can You Actually Do in The Metaverse?
Metaverse "Minus the Headset"
101: What is a "Crypto Rug Pull"?
Don't Be a Crypto Inside Trader (It'll cost you)
RETRO: 1st NFL NFTs
And Much, Much, More...
QUOTABLE...
“I believe the vision portrayed by many Metaverse companies of a world filled with cartoonish avatars is misleading. Yes, virtual worlds for socializing will become quite popular, but [they] will not be the means through which immersive media transforms society. The true Metaverse — the one that becomes the central platform of our lives — will be an augmented world. If we do it right, it will be magical, and it will be everywhere.”
NOTABLE...
Key Takeaways
The AI hype train has well and truly left the station. But what happens if you add AI hype to crypto hype? Well, that hype train goes from steam powered locomotive to bullet train
AI has the potential to fundamentally change the way the crypto universe works, and could solve a lot of the problems that have caused the sector to crash so badly in the past
The key word is potential, and there are a lot of issues and potential drawbacks that need to be covered before we see mainstream adoption.
But when it comes to AI powered crypto investing, the future is already here.
Metaverse & Gaming
The metaverse will have its biggest immediate impact not in the consumer sector, but on industry and business.
Digital twin technology is already in widespread use across industry, in fields including shipping and aerospace.
We will develop many technologies for the industrial metaverse that will make their way into the consumer metaverse.
Blockchain, Tokens & DeFi
Now all eyes are on Ethereum’s next major upgrade expected to take place in March, known as the “Shanghai hard fork,” which will allow participants on the network to unlock ether (ETH) they had staked on the blockchain, inaccessible for months.
The decision to push forward with Shanghai was announced in December, overshadowed at the time by sour sentiment as the crypto industry dealt with fallout from the epic collapse of Sam Bankman-Fried’s FTX exchange.
Crypto Trading
After a brief morning dip, bitcoin and ether bounced back by Thursday afternoon in New York as slowing inflation started to push traders back into risk assets.
Inflation rose 6.5% year-over-year in the 12 months ending in December, according to data from the Bureau of Labor Statistics released Thursday morning. Core inflation — which excludes volatile food and energy prices — rose 5.7% in December from the previous year, a decline from November’s 6% year-over-year showing.
Metaverse & Gaming - A Little More...
Blockchain, Tokens & Defi - A Little More...
Crypto Trading - A Little More...
Industry Retro (How far we have come)
Sports NFTs haven't been around very long. Let's look back on the 1st NFL NFTs.
ESG (Environment, Social & Governance)
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Disclaimer: This note is distributed by Regiment, LLC for informational purposes only and is sourced from publicly available media reports. It is not an investment recommendation or solicitation for any investment. The information is current as of date and subject to change. In such case Regiment, LLC does not undertake to provide any updates. Recipients must be aware that any private, alternative investments discussed are speculative in nature, often illiquid, and subject to loss of capital.