Queen Elizabeth II has left us peacefully at the age of 96.
Reigning for more than 70 years, she has been one of the longest serving monarch in history.
Revered and respected by nations and generations, she has seen it all.
From world wars to peacetime, from horse carriages to motor cars, from the telegraph to web3.
I mean just the sheer amount of experience and wisdom she has accumulated over the decades is just unfathomable.
Since the world lost their silent protector, NFTs referencing the queen have been popping up almost instantly.
Sleazy projects like Queen Elizabeth Inu, RIP Queen Elizabeth and Spirit for Queen Elizabeth II.
It looks cheap and disrespectful even.
“One NFT collection called “RIP The Queen Official” has more than 8,000 pixelated pictures of the monarch, indicating that preparations for a launch had taken place for some time.”
Some coins are generating millions in 24-hour trade volume with little fundamentals and gave practically no liquidity.
That is a classic sign of disaster and clearly everyone is just in it for the quick buck, hoping to pump it up and dump it to the next greater fool.
That is is exploitative and a huge money-grab.
Is this a bad look for crypto or its just exposing what we already know about it?
There is one called the “Queen Elizabeth II Ethereum NFT Tribute Project” which launched in July and has 73 pieces released thus far.
“After releasing dozens of pixel portraits of the late monarch in recent months, the Nouns NFT fork will close its initial collection.”
Seems like a more legit collection and they respected the Queen by ending the collection.
And it seems like secondary sales have spiked considerably.
But there are so many scammy one out there.
Is that the web3 we all know and love?
When Elon went on SNL or tweeted about Dogecoin, a whole slew of NFT projects burst into the scene.
When Will Smith slapped Chris Rock at the Oscars, hilarity ensued and more NFTs flooded the market.
When Squid Game was the most watched series on Netflix, tons of new crypto coins and NFTs imitated it.
And yea, most of them are ruthless scams and left naive users poorer than they were.
So is web3 good or bad?
Power to the people, trustless, permissionless and sometimes tasteless.
While we love the good stuff that web3 has given us, we should also embrace the bad things that comes with it.
No technology is perfect.
Web3 provides us the power of anonymity, and scammers abuse that.
It gave us decentralisation, and some abused it.
It gave us custody of our own money/crypto, and hackers exploited it.
It gave us a way to have ownership, participate and profit from the creator economy, and we got greedy.
No technology is perfect.
We just have to learn how to put it to good use and vigilantly deter bad actors from abusing it.
Rest in peace Queen E, you have always been the best.
-
Are you sad of the Queen’s passing?
-
#startups #business #startupx #growth #success #socialmedia #culture #entrepreneurship #strategy #eth #btc #crypto #opensea #markets #bearmarket #NFT #profits #nftmarket #queenelizabeth #elizabeth #queen #monarch #england #grifts
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CEO of StartupX | DeFi, NFT, Crypto, Web3.0 Builder | Co-Founder at IxSA | Director of Startup Weekend Singapore | Sustainability Champion
Queen Elizabeth II has left us peacefully at the age of 96.
Reigning for more than 70 years, she has been one of the longest serving monarch in history.
Revered and respected by nations and generations, she has seen it all.
From world wars to peacetime, from horse carriages to motor cars, from the telegraph to web3.
I mean just the sheer amount of experience and wisdom she has accumulated over the decades is just unfathomable.
Since the world lost their silent protector, NFTs referencing the queen have been popping up almost instantly.
Sleazy projects like Queen Elizabeth Inu, RIP Queen Elizabeth and Spirit for Queen Elizabeth II.
It looks cheap and disrespectful even.
“One NFT collection called “RIP The Queen Official” has more than 8,000 pixelated pictures of the monarch, indicating that preparations for a launch had taken place for some time.”
Some coins are generating millions in 24-hour trade volume with little fundamentals and gave practically no liquidity.
That is a classic sign of disaster and clearly everyone is just in it for the quick buck, hoping to pump it up and dump it to the next greater fool.
That is is exploitative and a huge money-grab.
Is this a bad look for crypto or its just exposing what we already know about it?
There is one called the “Queen Elizabeth II Ethereum NFT Tribute Project” which launched in July and has 73 pieces released thus far.
“After releasing dozens of pixel portraits of the late monarch in recent months, the Nouns NFT fork will close its initial collection.”
Seems like a more legit collection and they respected the Queen by ending the collection.
And it seems like secondary sales have spiked considerably.
But there are so many scammy one out there.
Is that the web3 we all know and love?
When Elon went on SNL or tweeted about Dogecoin, a whole slew of NFT projects burst into the scene.
When Will Smith slapped Chris Rock at the Oscars, hilarity ensued and more NFTs flooded the market.
When Squid Game was the most watched series on Netflix, tons of new crypto coins and NFTs imitated it.
And yea, most of them are ruthless scams and left naive users poorer than they were.
So is web3 good or bad?
Power to the people, trustless, permissionless and sometimes tasteless.
While we love the good stuff that web3 has given us, we should also embrace the bad things that comes with it.
No technology is perfect.
Web3 provides us the power of anonymity, and scammers abuse that.
It gave us decentralisation, and some abused it.
It gave us custody of our own money/crypto, and hackers exploited it.
It gave us a way to have ownership, participate and profit from the creator economy, and we got greedy.
No technology is perfect.
We just have to learn how to put it to good use and vigilantly deter bad actors from abusing it.
Rest in peace Queen E, you have always been the best.
-
Are you sad of the Queen’s passing?
-
#startups #business #startupx #growth #success #socialmedia #culture #entrepreneurship #strategy #eth #btc #crypto #opensea #markets #bearmarket #NFT #profits #nftmarket #queenelizabeth #elizabeth #queen #monarch #england #grifts
DurwinBurger King gave candy to a worker has worked for more than 20 years.
The Whopper, which was first introduced in 1957, was a quarter-pound, oversized burger on a vast five-inch bun that cost a reasonable 29 cents.Large corporations can be cruel and uncaring. They often claim to care about their employees, but sometimes the reality can be quite different. This is the story of Kevin Ford, a cook and cashier at Burger King who had worked tirelessly for over two decades. To celebrate his remarkable feat of never taking a sick day, Burger King decided to shower him ...
DurwinSomeone crashed the entire Onion market in America, made millions, walked away scott-free and starte…
We learnt that perfect monopoly can cause catastrophic damage to any economy, even the onion market.A tiny man who rocked America with Onions History doesn’t repeat, but it rhymes. You want to learn something, anything? Look back in history and it will surprise you just how eerily relevant it can be even in modern times. With the advent of Bitcoin, Cryptocurrencies, Tech titans and startups, you get all sorts of happenings like Tulip Mania, recessions, Feds stepping in, market manipulations a...
DurwinThe youngest self-made billionaire just bought Forbes.
Austin Russell is an American entrepreneur, founder and CEO of Luminar Technologies. Luminar specializes in lidar and machine perception technologies, mainly used in autonomous cars. Luminar went public in December 2020, making him the world’s youngest self-made billionaire at the age of 25.Wha’s up with billionaires and news media? In a stunning turn of events, Austin Russell, the youngest self-made billionaire of 2021, has made headlines once again by acquiring a majority stake in Forbes ma...
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CEO of StartupX | DeFi, NFT, Crypto, Web3.0 Builder | Co-Founder at IxSA | Director of Startup Weekend Singapore | Sustainability Champion
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