BEFORE WE START…

Could you do us a solid and click this link — we just started sending from a new domain, and clicking that link tells email providers “these guys are alright.”

Ok, now — where were we…

Sup, nerds!

Here’s what you’re getting in today’s edition:

• 💅 This is cool: Surf the web → get paid to see ads

• 🔎 This seems important: The Good News Catalogue (Pt. 6)

• 🤝 Partner: Stay up-to-date with AI​

• 🔪 Let's dissect this: Uniswap wants to start paying its token holders $200M+ per day

Terms used in this edition (click for an explanation, or ​ask Web(GPT)3!​):
Wallets, Web2/3, Decentralized Exchange, Staked.

💅 This is cool:

Browse the Internet → Get Paid When You See an Ad → Store Those Funds on the Solana Network

In one sentence: Brave Browser is the ideal Web3 onboarding tool — the pitch is simple, and highly compelling: browse the internet → get paid when you see an ad.

So, Brave Browser is in the news again.

This time it’s because they’re integrating Solana wallets into their browser — allowing users to securely store their $BAT (Brave’s native token) — and it’s serving as a stark reminder that:

We don’t talk about Brave Browser enough.

And we should! Because it’s the ideal Web3 onboarding tool for non technical folks — the pitch is simple, and highly compelling:

Browse the internet → get paid when you see an ad.

Here’re the basic mechanics of it…

In Web2, we had two options as far as tracking/advertising went:

1. Suck it up and accept it.

2. Install an ad blocker (and take money away from creators that rely on ad money).

Brave Browser reimagines those options to look like this:

1. Turn off ads and tracking.

2. Turn on ads, while staying anonymous AND getting paid (alongside creators) to be advertised to.

Ok...but how are the ads relevant if you're anonymous? And how does the payment system work??

RE: ad relevancy…

The Brave team realized they can still deliver relevant ads with a much smaller amount of information.

E.g. If someone spends a lot of time reading Business Insider, watching videos on how to better their golf swing, and checks Yahoo Finance on the daily...

That's enough to suggest that they might be partial to ads selling financial services and pastel polo shirts.

As for the payment system:

Advertisers buy ad space using the $BAT token → new, less invasive ads are placed in the browser window where Google and Facebook's used to be → the ad dollars are split between Brave, creators/publishers, and users.

Helluva concept!

🥇 Want the news before anyone else?

🔎 This seems important:

The Good News Catalogue (Pt. 6): Three Pieces of Positive News That’ll Give You the Zoomies

In one sentence: ETH hit a 22-month high of $3.1k, BTC broke $54k for the first time since 2021, and Solana added ~$4B to its market cap before lunch on Monday.

Get your insulin shots ready! Here comes three pieces of high-fructose news…

1. Ethereum is on a tear!
   
   ETH well and truly cracked $3k over the weekend, and is sitting at a 22-month high (~$3,100) at the time of this writing.
   
   This is mostly thanks to the potential Ethereum ETF narrative, and the upcoming ‘Dencun’ upgrade, which will mean faster/cheaper transactions at higher volumes on the network.
    

2. “I too am ‘on a tear’“ — Bitcoin
   
   BTC broke $54k for the first time since 2021! Thanks mostly to continued buying from the ETFs.
    

3. “If Bitcoin’s moving, so am I!“ — Solana
    
   Solana went from ~$100 to ~$109 yesterday, adding roughly $4B to its market cap before lunch.

“I don’t own those tokens — why should I care?” — you (?)

Fair question!

Right now, the crypto market is worth ~$2 Trillion (with a T) — and of that $2T, roughly $1.4T of it is made up of just Bitcoin (~$1T) and Ethereum (~$380B).

Together, they are the ‘rising tide that floats all ships.’

Or if you’re not into cryptic aphorisms…

If Bitcoin and Ethereum go up simultaneously, most other tokens tend to follow.

Whichever way you slice it — it’s a good time to be in crypto!

🤝 Partner:

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🔪 Let's dissect this:

Uniswap Wants To Start Paying Its Token Holders $200M+ per Day

In one sentence: Uniswap’s 0.15% trading fee may soon be shared amongst select $UNI token holders (for context: in the last 24hrs, Uniswap has collected ~$200M in fees).

You know that one quote your aunt Suze has hanging in her family room?

“If you want to go fast, go alone - If you want to go far, go together”?

(You know the one — it’s written in cursive, on faux pieces of barn siding).

No, just us? Ok, well, this story is reminding us of that saying…

Almost all of Web3 is open-sourced. Meaning the coding and technical wizardry that makes the whole thing work is actually public facing.

So if you understand it, you can help build it, fix glitches or suggest new ideas (regardless of your background!)

Here’s how it tends to work: 

Folks propose changes to a crypto project/platform → it gets voted on by token holders (the more tokens you hold, the more votes you get) → edits or suggestions can then be made by voters → if it gets the green light, the community gets to building. 

The big news currently: 

Uniswap (the world’s largest decentralized exchange) has a proposal going to vote this week, and it's looking as though folks love what’s being pitched.

The proposal suggests that $UNI token holders who have staked their tokens and delegated their votes (aka: locked up their tokens and participated in past votes) will get a cut of Uniswap’s 0.15% trading fee.

Which doesn’t sound like much, but in the last 24hrs alone, Uniswap has collected ~$200M worth of fees.

And this might be the perfect embodiment of the Web3 ethos:

Those that have actively helped build/guide/shape the platform into what it is today, can now directly profit from the result of their efforts.

Very cool.

What is Uniswap?