Web3Weekly Issue 17: For the Culture ๐ซก Farcaster, Memes, Degens & Airdrops ๐ช
In this Issue: News of the Week Memes ar Art The Farcaster Force & Degen Airdrop ๐ช News of the Week FARCASTER FRAMES: This is Exactly What We N...
Armada Archives
Welcome to Armada Archives, your gateway to all things ARMADA, keeping you in sync with the pulse of Web3. LFG In this Issue: News of the Week Armad...
The Next Phase ๐ฉ
First they ignore you, then they laugh at you, then they fight you, then you win.
Web3Weekly Issue 17: For the Culture ๐ซก Farcaster, Memes, Degens & Airdrops ๐ช
In this Issue: News of the Week Memes ar Art The Farcaster Force & Degen Airdrop ๐ช News of the Week FARCASTER FRAMES: This is Exactly What We N...
Armada Archives
Welcome to Armada Archives, your gateway to all things ARMADA, keeping you in sync with the pulse of Web3. LFG In this Issue: News of the Week Armad...
The Next Phase ๐ฉ
First they ignore you, then they laugh at you, then they fight you, then you win.
Share Dialog
Share Dialog
Subscribe to nickgarvin.eth
Subscribe to nickgarvin.eth
<100 subscribers
<100 subscribers
โพ News of the Week ๐ฌ
โพ The Waves of Crypto Adoption: A Tale of Memes, Belief, and Bad Actors ๐ ๐ธ
โพ Crypto Narratives in 2024: A Thread Unraveled ๐งต
โพ Scams to Watch Out for in 2024: Navigating New Narratives w/ Caution ๐จ
The following newsletter is brought to you by ARMADA Network
๐ฐ Rebuilding the Internet with Farcaster
๐ฐ Spot Bitcoin ETFs reach $37B in AUM, roughly one-third of gold ETF assets
๐ฐ Ledger to simplify crypto purchases with Coinbase integration
Are we back?
Hereโs what we knowโฆ
No cycle is the same as prior.
To move forward, first, we must look back.
The cryptocurrency landscape has evolved dramatically since its inception, marked by several cycles of boom and bust. Each cycle has been triggered by unique catalysts, which, unfortunately, also bring notable scams.
Here's a timeline highlighting these pivotal moments and accompanying scams:
๐ฅ Catalyst: Bitcoin's first real-world transaction in 2010 (the infamous pizza purchase) and the establishment of early exchanges.
๐ Scam: Bitcoin Savings & Trust (2011-2012) - A Ponzi scheme promising high returns, leading to an estimated loss of 700,000 bitcoins.
FUN FACT
๐ In May 2010, Laszlo Hanyecz, a programmer, made the first documented purchase of a tangible good with Bitcoin by buying two Papa John's pizzas for 10,000 BTC, a transaction that has since become legendary within the cryptocurrency community.
๐ This transaction is celebrated annually as "Bitcoin Pizza Day" on May 22nd, marking a significant moment in the history of Bitcoin, illustrating its potential as a digital currency and highlighting the staggering value increase of Bitcoin over time.
๐ฅ Catalyst: The Cyprus banking crisis in 2013 spurred interest in Bitcoin as a safe haven asset.
๐ Scam: Mt. Gox Hack (2011-2014) - Though not a scam in the traditional sense, the collapse of Mt. Gox due to mismanagement and hacking shook the trust of early adopters.
๐ฅ Catalyst: The ICO (Initial Coin Offering) craze of 2017, where numerous projects raised funds through token sales.
๐ Scam: Bitconnect (2016-2018) - A high-yield investment program that was ultimately exposed as a Ponzi scheme.
๐ฅ Catalyst: The rise of DeFi (Decentralized Finance) platforms and NFT (Non-Fungible Token) mania in 2020.
๐ Scam: SushiSwap Rug Pull (2020) - A controversy where an anonymous founder briefly cashed out $14 million before returning the funds amid backlash.
๐ฅ Catalyst: Institutional adoption of Bitcoin and the broader acceptance of cryptocurrencies.
๐ Scam: FTX (2022) - The cryptocurrency exchange FTX, once hailed as a paragon of the crypto world, faced a dramatic collapse. Allegations of misusing customer funds, risky financial maneuvers, and a liquidity crisis led to its bankruptcy, shaking the trust of the crypto community and sparking widespread scrutiny of the industry's regulatory practices. The fallout impacted numerous investors and shook the broader market, highlighting the need for transparency and regulation in the volatile world of cryptocurrency.
Each brings with it new lessons new narratives and a few old ones coming back full force. So whatโs the narrative for this upcoming cycle?
Airdrop farming? ETFs? ๐ฆ DePin? ๐ The Bitcoin Halving?
Right now, billions of dollars in ETH are locked up. Talks of an ETF are on the horizon. Meanwhile, US-based spot Bitcoin ETFs have accumulated close to $37 billion in assets under management (AUM) within the first 25 days of trading, according to market data.
Anyway, the point is - what have we learned from these past narratives and past cycles and how do we not fuck this up this time around?
Many new memes, communities, and & ecosystems will be formed in this cycle, but I remain concerned that some of the existing obstacles that stand in the way of mainstream adoption will come creeping back into the Web3 space. With every new meme, community, and ecosystem comes new scams, more elaborate rugs, and shady devs, all perpetuating Ponzi peace pipe dreams.
Fortunately, for those who survived the bear market and crypto winter that took hold in early 2021, their skin has thickened, their beliefs have risen and their conviction has only grown stronger. One might say, that if you're still here, you've already survived. You may have cut your teeth on a few scams, and cut your losses a few times, but you've learned then got back on the proverbial horse.
(or in this case whale)
In the wild wild west of a space, memes, and narratives have emerged as powerful tools for mass adoption, offering an informative and humorous gateway into the complex and often daunting space of digital finance. ๐ From the OG meme coin, Dogecoin, to the plethora of viral sensations that followed, memes have not only entertained but fostered a sense of community and shared purpose among crypto enthusiasts.
Initially, crypto OGs dove into the blockchain waters driven by belief in a decentralized future. However, the 2021 bull run shifted the narrative, attracting those lured by the promise of quick profits. This influx of new entrants brought with it a darker side: scammers, crooks, and unethical actors who exploited the burgeoning interest for personal gain.
These bad actors introduced schemes with promises of astronomical returns, flooded the market with dubious NFT collections, and engaged in risky financial gambles with customer funds. The aftermath was inevitable: many projects capsized when the crypto winter set in, leaving behind a trail of disillusioned investors.
The crypto space, at its core, remains an innocent landscape of technological innovation and community-driven growth. The issue lies not with the tech itself but with the unethical practices of certain participants. Despite these challenges, the true believers, those committed to the ethos of decentralization and innovation, have continued to push the space forward. ๐กโจ
As the market shows signs of revival, with Bitcoin soaring past $50k once again, it's disheartening to see some familiar "bad apples" re-emerging. This trend underscores the critical importance of understanding the "why" behind one's involvement in crypto. ๐ค๐ฌ
Having the right motivation matters immensely. Whether drawn by the allure of memes, the potential for financial freedom, or the promise of a decentralized future, the foundation of one's crypto journey should be built on genuine belief and ethical principles. Only then can the community safeguard the integrity of the space and steer it towards a future that reflects the original vision of its pioneers.
In the end, it's the memes that keep the spirit light and the community tight, reminding us that even in the face of adversity, humor and solidarity can pave the way for resilience and continued innovation. Let's not forget, that amidst the highs and lows, the essence of crypto is not just about making a quick buck but about pioneering a new world of possibilities. ๐
Crypto narratives emerge from tech capabilities, events, and industry beliefs. They shape public perception and market movements. In 2024, narratives explore blockchain capabilities like DePIN and DeSci. Critical analysis is key for sound investment decisions.
- Liquid Restaking Tokens: Enhancing capital efficiency, e.g., EigenLayer.
- Liquid Staking Derivatives: Unlocking illiquid-staked assets for more yield.
- Blockchain Modularity: Breaking down #blockchains for cost & flexibility.
- Layer 1s & Layer 2s: Fundamental base architectures and scalability solutions.
Explore emerging Layer 1 projects like Celestia and Sui. These aim to revolutionize scalability, security, and web3 application development. Layer 2 solutions, including Optimistic Rollups (e.g., #Arbitrum, #Optimism) and ZK Rollups (e.g., #zkSync Era, #Polygon zkEVM), are reshaping Ethereum's landscape.
Discover the latest trends in Bitcoin, such as Ordinals, NFTs stored on-chain, and BRC-20 tokens. The Taproot upgrade & projects like Scroll and Taiko are pushing boundaries. The Bitcoin community is experimenting with decentralized digital assets.
DePIN utilizes blockchains & tokens to incentivize providers for decentralized physical infrastructure. It aims for resource-efficient development across fields like connectivity, health, & energy.
DeSci leverages blockchain for open, incentivized, and community-driven scientific research. It addresses data sharing, research funding, and publishing through tokens, NFTs, & DAOs.
GambleFi decentralized applications bring transparency to crypto-based betting. Users can hold protocol tokens, aligning interests w/ the house. This narrative gained traction during the bear market, offering an intriguing evolution in the bull market.
Tokenized assets like real estate & commodities are entering DeFi as Real World Assets. MakerDAO's foray into RWA investments showcases potential benefits. RWAs bridge the gap between #DeFi & traditional finance.
In '23, Telegram crypto trading bots gained popularity for convenient and efficient trades. They streamline token transactions with/ features like multi-wallet sniping & liquidity sniping.
As we transition into 2024, narratives evolve w/ restaking, #DePIN, DeSci, #GambleFi, & blockchain modularity. Stay informed, conduct thorough research, & remember, this thread is for #Web3edu purposes only. DYOR
As we venture deeper into the future of finance, understanding the evolving landscape of cryptocurrency is crucial. The year 2024 promises to unfold a plethora of innovations and narratives within the crypto space, from DePIN and DeSci to the rise of Liquid Staking Tokens and Blockchain Modularity. However, with new opportunities come new risks. Here's a guide to potential crypto scams lurking amidst these emerging narratives, ensuring you navigate these waters safely.
Beware of platforms or tokens, like certain Liquid Restaking Tokens or Liquid Staking Derivatives, promising unrealistically high APYs. Remember the adage: if it sounds too good to be true, it probably is. These could be modern renditions of Ponzi schemes, relying on new participants' funds to pay out earlier investors.
As blockchain technology becomes more complex with innovations like Blockchain Modularity and Layer 1 & 2 solutions, scammers might exploit this complexity. They could create faux projects or "next big thing" narratives around emerging tech like Celestia, Sui, or zkSync Era, duping investors with technical jargon without a real product.
With Bitcoin's evolving landscape through Ordinals and BRC-20 tokens, scammers might launch fraudulent projects claiming to leverage these innovations. Be skeptical of new projects that claim extraordinary utility or returns based on these Bitcoin narratives without verifiable progress or community backing.
Decentralized Physical Infrastructure Networks (DePIN) offer a promising vision for the future. However, they also present an opportunity for scammers to create fake tokens or projects claiming to contribute to this ecosystem. Always verify the legitimacy of DePIN projects through reputable sources before investing.
The noble goal of advancing scientific research through blockchain (DeSci) can be co-opted by unscrupulous actors launching non-existent projects or tokens. They prey on the goodwill of investors looking to contribute to meaningful scientific progress. Research thoroughly and look for tangible evidence of project development and community engagement.
While GambleFi introduces transparency to crypto betting, it's also ripe for exploitation. Scammers could set up fraudulent platforms, enticing users with the illusion of aligning interests with the house, only to abscond with user funds.
Tokenizing real-world assets presents a bridge between DeFi and traditional finance. However, this also opens doors for scams involving fake tokenization projects or platforms exaggerating their capabilities. Scrutinize the backing and operational integrity of any RWA project.
The convenience of Telegram trading bots can turn into a vulnerability as scammers launch bots designed to phish for user credentials or execute unauthorized trades. Approach new bot services with caution and prioritize security.
In the ever-evolving narrative of cryptocurrency, "there are two sides to every coin." With every groundbreaking innovation, from DePIN to Liquid Staking Tokens, there's a shadow of potential exploitation by bad actors. As we embrace the promising narratives of 2024, from restaking innovations to DePIN and DeSci, staying informed and skeptical is key. The crypto space is a testament to human ingenuity but also a playground for those with less noble intentions.
New cycles inevitably bring new scams, as seen with the rise of dubious NFT collections and the misuse of investor funds by platforms promising unreal returns. This duality serves as a reminder that vigilance, thorough research, and community engagement are paramount in navigating the crypto space safely. By staying informed through reputable sources, questioning too-good-to-be-true promises, and focusing on the fundamental values of blockchain technologyโdecentralization, transparency, and communityโwe can tip the scales in favor of progress and integrity. Let's move forward with cautious optimism, embracing the innovations that drive the digital age while guarding against those who seek to undermine it. โพ
Thanks for reading โจ
See you next week! ๐
- Nick
P.S. Don't fuck this up.
After nothing but misery for two years, we're finally back to some action in the crypto markets. Join us at The Crypto Gathering 2024: Don't F*ck This Up Edition
Join me on Feb 29th, for a #Web3Edu irl meet-up!
I'll be speaking on the following topics:
1. Understand the Evolution of the #Internet 2. The Constraints of Web 1 & 2 3. What is What 3? 4. What is #Web3โs impact on #education?
๐ Fabbit Global Gateway
โ Register here ๐ https://lu.ma/yrc1311q
Welcome to the "BlockLearn: Decentralized Tech Workshop," an immersive educational journey designed to demystify the complex world of blockchain technology and introduce you to the transformative potential of Web3. Whether you're a budding entrepreneur, a tech enthusiast, or simply curious about the digital revolution, this workshop is tailored to provide a comprehensive understanding of blockchain's foundational concepts, the evolution of Web3, and practical insights into interacting with decentralized applications. โพ
ARMADA has Arrived: Learn More
Linktree. Make your link do more.
SUBSCRIBE TO WEB3WEEKLY & Join the Web3Edu LinkedIn PLN
๐ข Web3 Careers
โพ News of the Week ๐ฌ
โพ The Waves of Crypto Adoption: A Tale of Memes, Belief, and Bad Actors ๐ ๐ธ
โพ Crypto Narratives in 2024: A Thread Unraveled ๐งต
โพ Scams to Watch Out for in 2024: Navigating New Narratives w/ Caution ๐จ
The following newsletter is brought to you by ARMADA Network
๐ฐ Rebuilding the Internet with Farcaster
๐ฐ Spot Bitcoin ETFs reach $37B in AUM, roughly one-third of gold ETF assets
๐ฐ Ledger to simplify crypto purchases with Coinbase integration
Are we back?
Hereโs what we knowโฆ
No cycle is the same as prior.
To move forward, first, we must look back.
The cryptocurrency landscape has evolved dramatically since its inception, marked by several cycles of boom and bust. Each cycle has been triggered by unique catalysts, which, unfortunately, also bring notable scams.
Here's a timeline highlighting these pivotal moments and accompanying scams:
๐ฅ Catalyst: Bitcoin's first real-world transaction in 2010 (the infamous pizza purchase) and the establishment of early exchanges.
๐ Scam: Bitcoin Savings & Trust (2011-2012) - A Ponzi scheme promising high returns, leading to an estimated loss of 700,000 bitcoins.
FUN FACT
๐ In May 2010, Laszlo Hanyecz, a programmer, made the first documented purchase of a tangible good with Bitcoin by buying two Papa John's pizzas for 10,000 BTC, a transaction that has since become legendary within the cryptocurrency community.
๐ This transaction is celebrated annually as "Bitcoin Pizza Day" on May 22nd, marking a significant moment in the history of Bitcoin, illustrating its potential as a digital currency and highlighting the staggering value increase of Bitcoin over time.
๐ฅ Catalyst: The Cyprus banking crisis in 2013 spurred interest in Bitcoin as a safe haven asset.
๐ Scam: Mt. Gox Hack (2011-2014) - Though not a scam in the traditional sense, the collapse of Mt. Gox due to mismanagement and hacking shook the trust of early adopters.
๐ฅ Catalyst: The ICO (Initial Coin Offering) craze of 2017, where numerous projects raised funds through token sales.
๐ Scam: Bitconnect (2016-2018) - A high-yield investment program that was ultimately exposed as a Ponzi scheme.
๐ฅ Catalyst: The rise of DeFi (Decentralized Finance) platforms and NFT (Non-Fungible Token) mania in 2020.
๐ Scam: SushiSwap Rug Pull (2020) - A controversy where an anonymous founder briefly cashed out $14 million before returning the funds amid backlash.
๐ฅ Catalyst: Institutional adoption of Bitcoin and the broader acceptance of cryptocurrencies.
๐ Scam: FTX (2022) - The cryptocurrency exchange FTX, once hailed as a paragon of the crypto world, faced a dramatic collapse. Allegations of misusing customer funds, risky financial maneuvers, and a liquidity crisis led to its bankruptcy, shaking the trust of the crypto community and sparking widespread scrutiny of the industry's regulatory practices. The fallout impacted numerous investors and shook the broader market, highlighting the need for transparency and regulation in the volatile world of cryptocurrency.
Each brings with it new lessons new narratives and a few old ones coming back full force. So whatโs the narrative for this upcoming cycle?
Airdrop farming? ETFs? ๐ฆ DePin? ๐ The Bitcoin Halving?
Right now, billions of dollars in ETH are locked up. Talks of an ETF are on the horizon. Meanwhile, US-based spot Bitcoin ETFs have accumulated close to $37 billion in assets under management (AUM) within the first 25 days of trading, according to market data.
Anyway, the point is - what have we learned from these past narratives and past cycles and how do we not fuck this up this time around?
Many new memes, communities, and & ecosystems will be formed in this cycle, but I remain concerned that some of the existing obstacles that stand in the way of mainstream adoption will come creeping back into the Web3 space. With every new meme, community, and ecosystem comes new scams, more elaborate rugs, and shady devs, all perpetuating Ponzi peace pipe dreams.
Fortunately, for those who survived the bear market and crypto winter that took hold in early 2021, their skin has thickened, their beliefs have risen and their conviction has only grown stronger. One might say, that if you're still here, you've already survived. You may have cut your teeth on a few scams, and cut your losses a few times, but you've learned then got back on the proverbial horse.
(or in this case whale)
In the wild wild west of a space, memes, and narratives have emerged as powerful tools for mass adoption, offering an informative and humorous gateway into the complex and often daunting space of digital finance. ๐ From the OG meme coin, Dogecoin, to the plethora of viral sensations that followed, memes have not only entertained but fostered a sense of community and shared purpose among crypto enthusiasts.
Initially, crypto OGs dove into the blockchain waters driven by belief in a decentralized future. However, the 2021 bull run shifted the narrative, attracting those lured by the promise of quick profits. This influx of new entrants brought with it a darker side: scammers, crooks, and unethical actors who exploited the burgeoning interest for personal gain.
These bad actors introduced schemes with promises of astronomical returns, flooded the market with dubious NFT collections, and engaged in risky financial gambles with customer funds. The aftermath was inevitable: many projects capsized when the crypto winter set in, leaving behind a trail of disillusioned investors.
The crypto space, at its core, remains an innocent landscape of technological innovation and community-driven growth. The issue lies not with the tech itself but with the unethical practices of certain participants. Despite these challenges, the true believers, those committed to the ethos of decentralization and innovation, have continued to push the space forward. ๐กโจ
As the market shows signs of revival, with Bitcoin soaring past $50k once again, it's disheartening to see some familiar "bad apples" re-emerging. This trend underscores the critical importance of understanding the "why" behind one's involvement in crypto. ๐ค๐ฌ
Having the right motivation matters immensely. Whether drawn by the allure of memes, the potential for financial freedom, or the promise of a decentralized future, the foundation of one's crypto journey should be built on genuine belief and ethical principles. Only then can the community safeguard the integrity of the space and steer it towards a future that reflects the original vision of its pioneers.
In the end, it's the memes that keep the spirit light and the community tight, reminding us that even in the face of adversity, humor and solidarity can pave the way for resilience and continued innovation. Let's not forget, that amidst the highs and lows, the essence of crypto is not just about making a quick buck but about pioneering a new world of possibilities. ๐
Crypto narratives emerge from tech capabilities, events, and industry beliefs. They shape public perception and market movements. In 2024, narratives explore blockchain capabilities like DePIN and DeSci. Critical analysis is key for sound investment decisions.
- Liquid Restaking Tokens: Enhancing capital efficiency, e.g., EigenLayer.
- Liquid Staking Derivatives: Unlocking illiquid-staked assets for more yield.
- Blockchain Modularity: Breaking down #blockchains for cost & flexibility.
- Layer 1s & Layer 2s: Fundamental base architectures and scalability solutions.
Explore emerging Layer 1 projects like Celestia and Sui. These aim to revolutionize scalability, security, and web3 application development. Layer 2 solutions, including Optimistic Rollups (e.g., #Arbitrum, #Optimism) and ZK Rollups (e.g., #zkSync Era, #Polygon zkEVM), are reshaping Ethereum's landscape.
Discover the latest trends in Bitcoin, such as Ordinals, NFTs stored on-chain, and BRC-20 tokens. The Taproot upgrade & projects like Scroll and Taiko are pushing boundaries. The Bitcoin community is experimenting with decentralized digital assets.
DePIN utilizes blockchains & tokens to incentivize providers for decentralized physical infrastructure. It aims for resource-efficient development across fields like connectivity, health, & energy.
DeSci leverages blockchain for open, incentivized, and community-driven scientific research. It addresses data sharing, research funding, and publishing through tokens, NFTs, & DAOs.
GambleFi decentralized applications bring transparency to crypto-based betting. Users can hold protocol tokens, aligning interests w/ the house. This narrative gained traction during the bear market, offering an intriguing evolution in the bull market.
Tokenized assets like real estate & commodities are entering DeFi as Real World Assets. MakerDAO's foray into RWA investments showcases potential benefits. RWAs bridge the gap between #DeFi & traditional finance.
In '23, Telegram crypto trading bots gained popularity for convenient and efficient trades. They streamline token transactions with/ features like multi-wallet sniping & liquidity sniping.
As we transition into 2024, narratives evolve w/ restaking, #DePIN, DeSci, #GambleFi, & blockchain modularity. Stay informed, conduct thorough research, & remember, this thread is for #Web3edu purposes only. DYOR
As we venture deeper into the future of finance, understanding the evolving landscape of cryptocurrency is crucial. The year 2024 promises to unfold a plethora of innovations and narratives within the crypto space, from DePIN and DeSci to the rise of Liquid Staking Tokens and Blockchain Modularity. However, with new opportunities come new risks. Here's a guide to potential crypto scams lurking amidst these emerging narratives, ensuring you navigate these waters safely.
Beware of platforms or tokens, like certain Liquid Restaking Tokens or Liquid Staking Derivatives, promising unrealistically high APYs. Remember the adage: if it sounds too good to be true, it probably is. These could be modern renditions of Ponzi schemes, relying on new participants' funds to pay out earlier investors.
As blockchain technology becomes more complex with innovations like Blockchain Modularity and Layer 1 & 2 solutions, scammers might exploit this complexity. They could create faux projects or "next big thing" narratives around emerging tech like Celestia, Sui, or zkSync Era, duping investors with technical jargon without a real product.
With Bitcoin's evolving landscape through Ordinals and BRC-20 tokens, scammers might launch fraudulent projects claiming to leverage these innovations. Be skeptical of new projects that claim extraordinary utility or returns based on these Bitcoin narratives without verifiable progress or community backing.
Decentralized Physical Infrastructure Networks (DePIN) offer a promising vision for the future. However, they also present an opportunity for scammers to create fake tokens or projects claiming to contribute to this ecosystem. Always verify the legitimacy of DePIN projects through reputable sources before investing.
The noble goal of advancing scientific research through blockchain (DeSci) can be co-opted by unscrupulous actors launching non-existent projects or tokens. They prey on the goodwill of investors looking to contribute to meaningful scientific progress. Research thoroughly and look for tangible evidence of project development and community engagement.
While GambleFi introduces transparency to crypto betting, it's also ripe for exploitation. Scammers could set up fraudulent platforms, enticing users with the illusion of aligning interests with the house, only to abscond with user funds.
Tokenizing real-world assets presents a bridge between DeFi and traditional finance. However, this also opens doors for scams involving fake tokenization projects or platforms exaggerating their capabilities. Scrutinize the backing and operational integrity of any RWA project.
The convenience of Telegram trading bots can turn into a vulnerability as scammers launch bots designed to phish for user credentials or execute unauthorized trades. Approach new bot services with caution and prioritize security.
In the ever-evolving narrative of cryptocurrency, "there are two sides to every coin." With every groundbreaking innovation, from DePIN to Liquid Staking Tokens, there's a shadow of potential exploitation by bad actors. As we embrace the promising narratives of 2024, from restaking innovations to DePIN and DeSci, staying informed and skeptical is key. The crypto space is a testament to human ingenuity but also a playground for those with less noble intentions.
New cycles inevitably bring new scams, as seen with the rise of dubious NFT collections and the misuse of investor funds by platforms promising unreal returns. This duality serves as a reminder that vigilance, thorough research, and community engagement are paramount in navigating the crypto space safely. By staying informed through reputable sources, questioning too-good-to-be-true promises, and focusing on the fundamental values of blockchain technologyโdecentralization, transparency, and communityโwe can tip the scales in favor of progress and integrity. Let's move forward with cautious optimism, embracing the innovations that drive the digital age while guarding against those who seek to undermine it. โพ
Thanks for reading โจ
See you next week! ๐
- Nick
P.S. Don't fuck this up.
After nothing but misery for two years, we're finally back to some action in the crypto markets. Join us at The Crypto Gathering 2024: Don't F*ck This Up Edition
Join me on Feb 29th, for a #Web3Edu irl meet-up!
I'll be speaking on the following topics:
1. Understand the Evolution of the #Internet 2. The Constraints of Web 1 & 2 3. What is What 3? 4. What is #Web3โs impact on #education?
๐ Fabbit Global Gateway
โ Register here ๐ https://lu.ma/yrc1311q
Welcome to the "BlockLearn: Decentralized Tech Workshop," an immersive educational journey designed to demystify the complex world of blockchain technology and introduce you to the transformative potential of Web3. Whether you're a budding entrepreneur, a tech enthusiast, or simply curious about the digital revolution, this workshop is tailored to provide a comprehensive understanding of blockchain's foundational concepts, the evolution of Web3, and practical insights into interacting with decentralized applications. โพ
ARMADA has Arrived: Learn More
Linktree. Make your link do more.
SUBSCRIBE TO WEB3WEEKLY & Join the Web3Edu LinkedIn PLN
๐ข Web3 Careers
#Web3Weekly Issue 18 is ๐ In this Issue โพ News of the Week ๐ฌ โพ The Waves of Adoption A Tale of Memes, Belief, & Bad Actors ๐ ๐ธ โพ Crypto Narratives History & Next Cycle ๐งต โพ Scams to Watch Out for in 2024 Navigating New Narratives w/ Caution ๐จ https://paragraph.xyz/@nickgarvin.eth/web3weekly18
#Web3Weekly Issue 18 is ๐ In this Issue โพ News of the Week ๐ฌ โพ The Waves of Adoption A Tale of Memes, Belief, & Bad Actors ๐ ๐ธ โพ Crypto Narratives History & Next Cycle ๐งต โพ Scams to Watch Out for in 2024 Navigating New Narratives w/ Caution ๐จ https://paragraph.xyz/@nickgarvin.eth/web3weekly18
#Web3Weekly Issue 18 is ๐ In this Issue โพ News of the Week ๐ฌ โพ The Waves of Adoption A Tale of Memes, Belief, & Bad Actors ๐ ๐ธ โพ Crypto Narratives History & Next Cycle ๐งต โพ Scams to Watch Out for in 2024 Navigating New Narratives w/ Caution ๐จ https://paragraph.xyz/@nickgarvin.eth/web3weekly18
#Web3Weekly Issue 18 is ๐ In this Issue โพ News of the Week ๐ฌ โพ The Waves of Adoption A Tale of Memes, Belief, & Bad Actors ๐ ๐ธ โพ Crypto Narratives History & Next Cycle ๐งต โพ Scams to Watch Out for in 2024 Navigating New Narratives w/ Caution ๐จ https://paragraph.xyz/@nickgarvin.eth/web3weekly18
5 comments
https://paragraph.xyz/@nickgarvin.eth/web3weekly18
#Web3Weekly Issue 18 is ๐ In this Issue โพ News of the Week ๐ฌ โพ The Waves of Adoption A Tale of Memes, Belief, & Bad Actors ๐ ๐ธ โพ Crypto Narratives History & Next Cycle ๐งต โพ Scams to Watch Out for in 2024 Navigating New Narratives w/ Caution ๐จ https://paragraph.xyz/@nickgarvin.eth/web3weekly18
#Web3Weekly Issue 18 is ๐ In this Issue โพ News of the Week ๐ฌ โพ The Waves of Adoption A Tale of Memes, Belief, & Bad Actors ๐ ๐ธ โพ Crypto Narratives History & Next Cycle ๐งต โพ Scams to Watch Out for in 2024 Navigating New Narratives w/ Caution ๐จ https://paragraph.xyz/@nickgarvin.eth/web3weekly18
#Web3Weekly Issue 18 is ๐ In this Issue โพ News of the Week ๐ฌ โพ The Waves of Adoption A Tale of Memes, Belief, & Bad Actors ๐ ๐ธ โพ Crypto Narratives History & Next Cycle ๐งต โพ Scams to Watch Out for in 2024 Navigating New Narratives w/ Caution ๐จ https://paragraph.xyz/@nickgarvin.eth/web3weekly18
#Web3Weekly Issue 18 is ๐ In this Issue โพ News of the Week ๐ฌ โพ The Waves of Adoption A Tale of Memes, Belief, & Bad Actors ๐ ๐ธ โพ Crypto Narratives History & Next Cycle ๐งต โพ Scams to Watch Out for in 2024 Navigating New Narratives w/ Caution ๐จ https://paragraph.xyz/@nickgarvin.eth/web3weekly18