Sup, nerds!

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

• 💅 This is cool: Would you buy a home as an NFT?

• 🔎 This seems important: This isn’t normal…

• 🤝 Partner: We're up 1257 Big Macs right now 🫃🍔🤢

• 🔪 Let's dissect this: All stablecoins cost the same…so what’s pushing everyone to adopt USDC?

Terms used in this edition (click for an explanation, or ask Web(GPT)3!):
Metaverse, NFT, Decentralized, Market Cap, Stablecoin, Liquidity.

💅 This is cool:

Would You Buy a Home as an NFT?

In one sentence: Tokenized real estate would be another leap-step towards every day people being able to live self-sovereign financial lives, outside of the traditional banking system.

1. Uber Eats became a thing → food delivery was all of a sudden more accessible/easier to buy → the food delivery market increased.

2. Internet connected devices became portable (phones, laptops, etc.) → Netflix streaming launched → we all started consuming more film & TV.

3. Natalie Imbruglia released her 1997 smash hit ‘Torn’ → we all learned how to feel things → we get teary every time we hear it.
   
   (No? Ok, robot.)

Point of those first two is: if you can make something cheaper or easier to access (bonus points for both), more people will use it.

And that’s what tokenized real estate aims to do.

Now, we’ll admit it…

In an industry where there’re billions of dollars being poured into bringing science fiction concepts, like ‘the metaverse,’ to life — the term “tokenized real estate” comes off as a total snooze fest.

Which — it kind of is — but! There’s a reason all the ‘big dogs’ of the global financial industry are pushing for it…

Here’s the dream:

• No more in-person auctions.

• No more jumping between marketplaces to find the properties you want (Zillow → Redfin → Opendoor).

• And definitely no more filtering your offers through a human broker…no more brokers — period!

By ‘tokenizing’ properties (aka: turning the deed of ownership into a tradable NFT), an open and decentralized global real estate marketplace can be built.

More importantly: all of the ‘middle men’ fees can be eradicated.

Most importantly: tokenized real estate would be another leap towards every day people being able to live self-sovereign financial lives outside of the traditional banking system.

(I.e. using crypto lending markets to buy tokenized real estate).

Not bad. Not bad at all.

🥇 Want the news before anyone else?

🔎 This seems important:

This Isn’t Normal…

In one sentence: BTC just hit $57k, meaning we’re only a 25% move away from all-time-highs (violent pre-halving run ups like this are NOT common, historically).

“Absolutely no respect.”

“Where’s the sense of tradition?”

“You’re going to upset a lot of people.”

These are all things muttered around our office (mostly to ourselves, or at our computer screens) — but all directed at Bitcoin’s price.

In the few hours since we made all of that hullaballoo, celebrating BTC’s price rounding the $54k mark for the first time since 2021 — the damn thing went and claimed $55k…

Then $56k…

Then $57k!

All the while, showing absolutely no respect for short sellers, who bet — and lost — $157M wagering that the price would go down.

Now, here’s the kicker:

The Bitcoin halving is still more than a month away, and we’re only a 25% move away from all-time-highs — moves which aren’t uncommon in crypto. 

(Hell, Bitcoin climbed 10% the past 7 days alone).

What is uncommon in this situation, is seeing such a violent run up pre-halving (in the past, the price has had a habit of collapsing at this point).

Enjoy the ride, folks!

🤝 Partner:

We're Up 1257 Big Macs Right Now🫃🍔🤢

Remember when we said we wanted to see if we could turn $5k into $10k by investing in crypto projects?

Well, we damn done did it, folks!

We invested an average of $100 per week, into 25 crypto projects, over 12 months - and turned $5 into $10k, all in under 18 months!

What’s better: we documented our exact research framework for you to learn from.

(Which tokens we bought, why we bought them, how we valued them, and the tools/platforms we used to do it all).

This ain’t some shiny crypto masterclass, featuring pros that have millions of dollars to play with, but instead — a rough and ready learning experience, played out in public.

If you want to learn our research framework hit the big red button below 👇

🔪 Let's dissect this:

All Stablecoins Cost the Same…So What’s Pushing Everyone to Adopt USDC?

In one sentence: USDC’s market cap is up 14.3% since December 1, 2023 (sitting at ~$28B) thanks to an overall rise in crypto trading volume, and a push from Binance.

So, we know no one asked, but, USDC has been doing super well lately.

Like, its market cap is up 14.3% since December 1, 2023 (sitting at ~$28B). 

On the flip side, USDT, the biggest stablecoin on the block, is only up 8.7% (still maintaining a cool $98B market cap though).

We thought “Huh, why is USDC doing better when all stablecoins are basically the same?”

So for funzies, let’s dive in:

Stablecoins are all virtually the same. 

They’re meant to be a form of crypto which has almost no volatility by pegging the coin against some outside currency (e.g. USD, EUR, GBP). 

In this instance: USDC is pegged to (you guessed it) the US dollar — so 1 $USDC should always equal $1 USD.

So if they’re all basically equal, what’s the real difference?  

Honestly, it's as simple as availability and liquidity. 

More people are buying USDC → which means more people are using/trading it → making it more widely available.

Which is the name of the game for stablecoins — cause if no one will accept your coin, it ain’t going to survive!

USDC’s growth comes mostly thanks to the rise in crypto trading volume, a push from Binance, and — dare we say it — a bit of good ol’ fashioned branding.

(Circle, who run USDC, are wildly transparent about their reserves and audits).

Alright, now you know!

Stablecoins, Explained.