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On today's issue:

• Eigen's Fiasco

• RWA's growth

• a16z's Social Media guide

This issue is brought to you by Tokenpad:

Tokenpad generates an earnings report for each asset you hold, across your crypto wallets.

The app is now live on the App store and Google Play store.

Eigen's Fiasco

To surprise of no one, Eigen employees have been receiving airdrops from projects in the ecosystem. Sort of kinda bribes.

Eigen refutes all accusations, stating that they are neutral but employees did receive those airdrops gladly.

We'll see what happens, in web2, this would've been a bigger fiasco.

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RWA's growth

Blockworks reported the growth of the crypto RWA space so far, and it's... impressive. It has reached 12B.

As a reminder, these products are mostly aimed towards institutions, and it's because they have better settlement tech than traditional markets.
95% of the private credit loans are generated by Provenance, a traditional L1 blockchain built on the Cosmos SDK.

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a16z's Social Media Guide

a16z released a social media guide for web3 founders and companies on how to grow their social media presence. It's pretty extensive and we are finding it very helpful:

1. Pick 1-2 social media

2. Find your niche

3. High quality, consistent and a good quantity of posts

Bottom line: Engage and be helpful

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Disclosure: All content published is for informational purposes only, and does not constitute any sort of financial advice.