2023-05-03

🐳 Whales, Rich Folk, and Anti-Heroes

Hey, my fine friends, I hope your week is going well and your portfolio is green!

Let's go, folks,

  • 🦈 Is it Shark Tank or Whale 🐳 Tank?

  • 💵 World's Richest Man is an NFT Fan.

  • 🦸‍♂️ Are the SEC Heroes, After All?

🦈 Is It Shark Tank or Whale 🐳 Tank?

Introducing "Killer Whales," the crypto world's answer to TV's well-known entrepreneurial show, Shark Tank. 

This is either going to be genius or very cringe!

CoinMarketCap and Web3 entertainment company Hello Labs join forces to create a competition show that educates and entertains global 🌎 audiences on the intricacies of the Web3 space.

Catering to billions of Web3 users, "Killer Whales" offers a platform for crypto and NFT projects of all sizes to try and secure funding from the "whales."

Much like Shark Tank, contestants pitch their ideas to a panel of industry expert "Whales," hoping to secure valuable mentorship. 

Projects either receive a "Swim" 🏊 or "Sink" vote to top the series leaderboard and win the crown.

Candidates can apply now through Hello.one and CoinMarketCap. After a rigorous selection process, the chosen projects will participate in interviews in Los Angeles, with filming beginning in June. 

The show will be released on major streaming services.

💵 World's Richest Man Is an NFT Fan

The world's richest man, Bernard Arnault, is dipping his toes into the NFT world, despite his previously tepid attitude towards the technology. 🖨️

If you’ve got everything you want in the real world, you may as well buy up the virtual one too.

In a conversation with Ian Rogers, former advisor and chief digital officer of LVMH, Arnault revealed his NFT collection. 

During a recent podcast with Aarthi and Sriram, Rogers, now the chief experience officer at Ledger, confirmed Arnault's digital collection. 

When asked if Arnault owns NFTs, Rogers replied, "There's no question," adding that Arnault had shown him his OpenSea page. 📃

“Which means, he had to pull out his phone, find it and then take me through it. So, yes.”

🦸‍♂️ Are the SEC Heroes, After All?

As the SEC crackdown on crypto continues, it’s difficult to see it as a good thing!

However, according to Bloomberg Opinion's editorial board, this clash could root out bad actors, ultimately benefiting the crypto landscape.

The SEC's aggressive approach, led by Chair Gary Gensler, risks sidelining the entire crypto industry.

However, the editorial argues that with proper ID requirements, blockchain networks could be more transparent and less crime-prone than traditional banking.

That is the general idea of crypto…right? 🧐

While Gensler's SEC isn't winning any popularity contests among crypto enthusiasts, recent actions against Bittrex and Coinbase have certainly stirred the pot. 

And yet, could this be a case of "there's no such thing as bad publicity" for the industry?

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