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The RugMom Thinks It’s Nice That You Do That Computer Money Stuff
GREAT FALLS — On a recent call with your mother, the subject of what you do for a living inevitably came up. You went on to explain, for the seventh time this month, how you now audit smart contracts for flaws and vulnerabilities, earning a combination of fiat and ETH on a biweekly basis. Your mom replied, “I don’t know what any of that means, but it’s really nice how you do that computer money stuff.” Early attempts to explain your vocation to your mother go back to early 2021 when you were ...
The RugTwitter Rebrands to “X” Commemorating Drop to 10th Best Social Media Platform
SAN FRANCISCO — In a celebratory move, Twitter CEO Elon Musk changed the name of the platform to “X” commemorating its spot on a list of social media platforms. According to HootSuite, it now ranks 10th behind powerhouses such as Truth Social and Holla. Before the new list was announced Musk was planning to rebrand his social media company as “X AE, v. non-child.” Employees breathed a sigh of relief. “Pretty sure we would have immediately lost all of our users if he named us that,” said Chief...
The RugVitalik Suspected of Extraterrestrial Origins
EARTH — Conspiracy theorists have taken to Reddit this week in a wild and unfounded notion that Ethereum founder Vitalik Buterin is from a recently discovered planet located between Venus and Mercury. Redditors are calling the planet “Cryptomar.” The contention that the blockchain guru is from another planetary body is loosely based on conjecture that he “looks like an alien” and the fact that he put Earth as his location in his twitter bio.Vitalik lists twitter location as "Earth".Despite al...
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The RugMom Thinks It’s Nice That You Do That Computer Money Stuff
GREAT FALLS — On a recent call with your mother, the subject of what you do for a living inevitably came up. You went on to explain, for the seventh time this month, how you now audit smart contracts for flaws and vulnerabilities, earning a combination of fiat and ETH on a biweekly basis. Your mom replied, “I don’t know what any of that means, but it’s really nice how you do that computer money stuff.” Early attempts to explain your vocation to your mother go back to early 2021 when you were ...
The RugTwitter Rebrands to “X” Commemorating Drop to 10th Best Social Media Platform
SAN FRANCISCO — In a celebratory move, Twitter CEO Elon Musk changed the name of the platform to “X” commemorating its spot on a list of social media platforms. According to HootSuite, it now ranks 10th behind powerhouses such as Truth Social and Holla. Before the new list was announced Musk was planning to rebrand his social media company as “X AE, v. non-child.” Employees breathed a sigh of relief. “Pretty sure we would have immediately lost all of our users if he named us that,” said Chief...
The RugVitalik Suspected of Extraterrestrial Origins
EARTH — Conspiracy theorists have taken to Reddit this week in a wild and unfounded notion that Ethereum founder Vitalik Buterin is from a recently discovered planet located between Venus and Mercury. Redditors are calling the planet “Cryptomar.” The contention that the blockchain guru is from another planetary body is loosely based on conjecture that he “looks like an alien” and the fact that he put Earth as his location in his twitter bio.Vitalik lists twitter location as "Earth".Despite al...
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CUPERTINO — Apple is long NFTs. As announced at a recent "chewing" session the C-suite at Apple have decided that they approve of NFTs on their coveted app store platform.
CMO, Derick Jenkins said, "We love NFTs. They're fun and collectible and we see them working in the mobile ecosystem... People just can't do shit with them. And we get thirty percent."
The major detraction to this new play by one of the world's largest tech companies is that the NFTs can’t be used in any real form of utility. They can't operate as financial instruments, and are essentially going to be a one man band.
"If we don't like the tune a particular NFT project is playing, we can just mute them," said a operations lead who spearheaded the initial messaging around the collectibles feature.
Apple is well-known for the pearly gates which surround its hermetic and profitable platform. For years android users, which outnumber mac users, have been attempting to take a stand against the tech with a higher price tag by offering open-source phones at half the retail cost.
Jobs n' Co. certainly didn't become wealthy by giving things away. In comparison, currently an NFT on OpenSea can be purchased with a take-rate of less than 3%. Apple is attempting to 10X that. Whatever the case, it's clear that Non-Fungible Tokens are finding product market fit, even if they are now called "digital collectibles”, and require paying the troll under the bridge.
For more mostly credible Web3 news, follow @therugnews and subscribe to our newsletter.
CUPERTINO — Apple is long NFTs. As announced at a recent "chewing" session the C-suite at Apple have decided that they approve of NFTs on their coveted app store platform.
CMO, Derick Jenkins said, "We love NFTs. They're fun and collectible and we see them working in the mobile ecosystem... People just can't do shit with them. And we get thirty percent."
The major detraction to this new play by one of the world's largest tech companies is that the NFTs can’t be used in any real form of utility. They can't operate as financial instruments, and are essentially going to be a one man band.
"If we don't like the tune a particular NFT project is playing, we can just mute them," said a operations lead who spearheaded the initial messaging around the collectibles feature.
Apple is well-known for the pearly gates which surround its hermetic and profitable platform. For years android users, which outnumber mac users, have been attempting to take a stand against the tech with a higher price tag by offering open-source phones at half the retail cost.
Jobs n' Co. certainly didn't become wealthy by giving things away. In comparison, currently an NFT on OpenSea can be purchased with a take-rate of less than 3%. Apple is attempting to 10X that. Whatever the case, it's clear that Non-Fungible Tokens are finding product market fit, even if they are now called "digital collectibles”, and require paying the troll under the bridge.
For more mostly credible Web3 news, follow @therugnews and subscribe to our newsletter.
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