🪂 Airdrop Season, NFT IPs & The State of Tokenization

🎣 w3.catch-of-the-week cw48

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Vicktoria Klich & Quinn Wilhelm
December 01, 2023

GMGM and welcome to the 🎣 w3.catch-of-the-week, the newsletter that dives deep into the Web3 waters, surfacing with the pearls of blockchain wisdom and crypto trends to keep you well-informed and ahead.

This is starting to get funny.

It seems as if any worries about falling prices are currently far away and the mood is becoming increasingly euphoric: X (Twitter) is once again full of gold-digger sentiment and the scammers are also getting louder again. It is therefore important to have trustworthy sources and always be on your guard. You can follow the uptrend by checking this chart, which shows the weekly crypto assets inflows:

In today's episode, you'll learn
👉 What the "Airdrop Season" is all about
👉 How you can easily participate yourself
👉 And I'll tell you how you can monetize your NFT's IP for physical products

So let’s not waste any time, as you will need this to farm your airdrops, and get straight into it 🫡.

💸 Native yield on Ethereum
🔮 How to start farming free tokens
🧐 How to tokenize your company shares in Germany
🪙 Latest Web3 Investments
⚡️ Clarification - Use Case IP

It’s Airdrop Season - Free Money for Everyone? 🤑

In the whirlwind of recent news about “Airdrops” (free token distributions) like $Blur, $Pyth, $Jito etc. - it's easy to lose track. Today, I'll break down what these airdrops are all about and how you can easily secure your own share 🪂.

🧐 What the hell is that Blast thing?

In the last few days, Blur.io has once again become the talk of the town with the end of Season 2 and the start of Season 3. As many others have already taken the trouble to present all the news in a deep dive, I would like to give you a brief and concise summary. So let me tell you what Blast is:

Blast is an “innovative Layer 2 (L2) blockchain” that differentiates itself by offering native yield on Ethereum and stablecoins. Simply by holding ETH or stablecoins in a Blast wallet, users can earn yield automatically, a feature that extends to funds deposited in any dapp or protocol on Blast. With a focus on easing the friction in traditional staking methods, Blast enables all funds on its chain to earn yield without the need for manual staking actions.

Sounds cool? Well, Blast received a lot of critique for that. Technically it is not a blockchain (yet) but rather a smart contract that is controlled by multi-sig wallets.

And if you check the description below, it is very difficult to not think of it as a ponzi.

🤓 But for anyone interested and wanting more, here is my favorite deep dive on Blast by Zeneca.

Portalcoin - Why is everyone tweeting about it?!

Portal has become a pretty hot topic in the crypto community, stirring up discussions and activities all across X (Twitter).

But what is Portal? 🤨

Portal is a blockchain platform focused on Web3 gaming, featuring over 200 games ready for integration at launch. It works together with major game platforms and marketplaces, like Magic Eden, and facilitates game distribution and player simplicity.

👉 Portal's native coin, $Portal, will act as a nexus of their ecosystem.

Portal's Mission: Portal aims to drive Web3 gaming forward, not just for the current crypto audience but also for broader adoption, leveraging partnerships with significant players in the gaming industry like Polygon Labs, Immutable and many more.

The Buzz on Twitter: Portal's visibility has soared due to its unique ✨SocialFi experience✨, 'Crystal Dash', which encourages Twitter users to engage and create content around Portal, enhancing its market presence and user-generated content.

👩‍🌾 How to Farm Portal Points:

Everyone can earn Portal Points by engaging with specific Portal tweets or creating original tweets mentioning @Portalcoin. These points can be converted into $Portal tokens, offering incentives for active social media participation.

💅 My Thoughts on Portal: Portal's approach, while attracting attention and participation, also raises questions about the sustainability and long-term impact of such marketing strategies in Web3. As the platform evolves, it will be interesting to see how it balances its ambitious goals with the dynamics of the crypto market and community sentiment. But credit where it’s due - GG for the Takeover on X 👏.

How can founders let their team participate in the success of the company? A key to this is employee participation. And it can be this easy 👇🏽

Our friends at Tokenize.it have created a tailor-made solution to carry this out uncomplicatedly in Germany based on tokens (!!!).

✨ Web3 Use Cases at its finest ✨

Anyone who missed the legendary presentations by Christoph Jentzsch at our events can get all the information in a free webinar.

In it, you will take a look together at the innovative GmbH-Token approach!

🗓 Save the date: December 7, 2023, at 11 AM.

The Webinar is in German 🇩🇪.

🥂 Cashlink is the "Blockchain-Fintech of the Year 2023"

At w3.fund, we focus on investing in sustainable use cases driven by Web3 technologies. One of our investments is Cashlink, recently awarded as "Blockchain-Fintech of the Year 2023".

Michael Duttlinger and myself at w3.hub

The Frankfurt-based company Cashlink is a pioneer in the blockchain and fintech sector. Cashlink specializes in the digital issuance of securities and uses blockchain technology to revolutionize the traditional securities market.

Its unique selling point lies in its ability to simplify complex processes and make the world of digital securities more accessible and user-friendly.

💰 Recently, Cashlink completed a funding round, securing €7 million. We are proud to have the team around Michael as part of our investment portfolio and congratulate them on their achievements 🫶.

💡 What is the tokenization of real world assets (short: RWAs)?

You take an asset that exists in the real world, and you tokenize it on the blockchain. Cashlink did this with Metzler Asset Management in early September.

But it also possible with fine art, luxury watches, Pokémon Cards, real estate and and and… Basically everything.

💡 What is the state of tokenization?

Roland Berger forecasted tokenized assets could reach $11 trillion by 2030.

Our friend Marc Baumann shared a LinkedIn post focusing on the impact of Brands in Web3.

And BCG shared one specific use case for native Digital Product Passport tokenization.

🏄🏽‍♀️ Vickys Top Picks by Numbers

$55 Million 

Pika, innovating in AI video editing and generation, just secured a hefty $55 million in funding. This round, led by Lightspeed Venture Partners, intensifies the competition in the AI video tool space, particularly between Pika and rivals like Runway.ai.

$5 Million

Is the number that Setter, a New York-based startup revolutionizing Web3 consumer experiences, secured in a seed round. Led by Andreessen Horowitz (a16z), this funding will boost Setter's mission to streamline wallet technologies and make Web3 more accessible and user-friendly, particularly for brand promotions and exclusive product launches.

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Blockchain Layer 2 for X (Twitter) is set to be developed by Inspect.xyz, following the successful closure of their funding round. The exact funding amount hasn't been disclosed, but this investment gears up Inspect to enhance DeFi and Web3 experiences, prioritizing user-friendliness and broader accessibility.

$3.15 Million

Is the funding amount Binance Labs has invested in Open Campus, a Web3 education platform. This investment supports Open Campus's mission to revolutionize global educational content creation and distribution, integrating digital property rights and democratizing educational access with $EDU tokens.

⚖️ How to leverage NFT IP

DeLabs, known for the NFT collections DeGods and y00ts, has announced a series of transformative updates under the chapter "Clarification" focusing on enhanced user interaction:

Tired of reading? No problem, you'll find all the important information in this picture👇

Art Updates: DeGods introduces "Season 3.33" with new design elements, while y00ts receives a "remaster" for unique designs.

🤓 Nice to know: Every female DeGod holder will receive a 1/1 female version of her DeGod (untradeable)

deToX & de[id]: New apps for curated content and social identity services, utilizing $DUST tokens for transactions and ecosystem interaction.

Physical World Presence: Establishing local chapters for holder communities and events like de[Basel] at Art Basel Miami in collaboration with Kraken.

IP Expansion for Builders: DeLabs is extending the intellectual property rights associated with their NFTs. This expansion allows holders and developers greater freedom and safety to create and innovate using the DeGods brand and assets.

de[starter] Platform: A platform similar to Kickstarter, enabling community members to propose and fund projects using DeLabs' IP. This could range from merchandise to potentially full business ideas.

These updates aim to unlock new creative and commercial potentials within the DeLabs ecosystem, empowering holders and builders to explore broader applications of NFTs.

How do you feel about these updates: W or L? Let’s discuss in our w3.community Telegram group 👀.

Me watching w3.funds Twitter grow…

Vicky & Marvin are Web3-obsessed. That's why they host a weekly podcast featuring updates and cool stuff.

Don't miss out on any news, updates, & vibes anymore. Discord is so yesterday. Let's meet on Telegram.

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