7th August 2022

Sports have picked up the Web3 Ball.?

What is Web3? Web 3 is a relatively new term that came about in 2014. Web 3 brings a new era that visualises a decentralised internet with advanced functionalities. Technology such as blockchain, crypto, and tokens allows this new technology to prosper.?

The sports industry was traditionally perceived as being traditional and slow in embracing new technologies. Most of the talk we have heard to date about NFTs and blockchain has been about secure ticketing and digital collectibles. However NFT, Web3?and Blockchain can go much further than that when it comes to the pro sports industry which as a result can lead to a realignment of ownership and control between leagues, owners, players, and fans.

FC Barcelona has recently announced its partnership with Socios.com where they are working together on a blockchain-powered fan engagement platform.?

All in all the new era of technology is revolutionizing the Pro Sports industry.

Top news this week included UAE ranking among the world’s top crypto-ready nations?and Crypto exchange FTX receiving complete approval to function in Dubai.?TRON became the second-largest public chain,?Mercedes-Benz and Polygon to create a Blockchain-powered data sharing platform, and The Wharton School at the University of Pennsylvania now provides an online certificate program in metaverse business.

Launching Tomorrow: yeswetrust on the 8th of August

Evai Crypto Ratings Review and The Economy?by Matthew Dixon

Education:-? Development Workflow in smart contracts and decentralized finance by Prof. Dr.?Fabian Sch?r

Latest Investment News:-?Bonuz

So here's what else happened this week in Crypto

In the News

UAE ranks among the world’s top crypto-ready nations. The UAE ranks third in the list of countries with the most blockchain startups and is fourth in the list of countries with the most interest in cryptocurrencies, according to a recent study. ITP.net?

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Crypto exchange FTX receives complete approval to function In Dubai. The firm will build a headquarters in Dubai to provide exchange and clearinghouse services for cryptocurrencies through a subsidiary. Blockchain News?

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This November, Istanbul Blockchain Week will welcome Web3 heavyweights in Turkey. The event will include an NFT Day and the main event, IstanBlock. The event will focus on decentralised finance (DeFi), trading, mining, Web3, venture capital, and regulation. Cointelegraph?

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In terms of stablecoin market cap, TRON is now the second-largest public chain. TRONSCAN published data showing that the value of TRON’s total transfer had recently surpassed $5 trillion, adding 105 million new accounts and recording over 3.6 billion transactions on its blockchain. Finbold?

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The open interest in Ethereum beats that of Bitcoin for the first time ever. According to some academics, Ethereum (ETH) may one day overtake Bitcoin owing to ongoing network improvements. This prospect has been partially realised after Ethereum successfully flipped Bitcoin in the options market for the first time in history. Coindesk?

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The UK Commission believes that cryptocurrencies' property law needs to be simplified. The proposals prioritise flexibility, competitiveness, and dynamism in the regulation of blockchain technology. DeCrypt?

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The market for Crypto ATMs will be worth $472 Million by 2027. According to a recent study by Research and Markets, the industry will expand between 2022 and 2027 at a compound annual growth rate of 59%. Currently valued at $46.4 million, the market for bitcoin ATMs is expected to grow to $472 million over the next five years. Business Insider?

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Mercedes-Benz and Polygon to create a Blockchain-powered data sharing platform. Users will be able to trade a variety of information, including data on insurance, clinical trials, and more. Finbold?

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Hublot, a high-end watchmaker, now accepts cryptocurrency payments. Elite digital currencies and so-called meme coins have been accepted as valid payment methods by Swiss wristwatch Hublot. U.Today?

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The renowned fashion brand Gucci now accepts Apecoin. In addition to Shiba Inu and Dogecoin, Gucci now accepts ApeCoin as a payment option. Financial Express?

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Warren Buffett backed NuBank hits 1 Million Crypto users in less than a month. NuBank CEO and co-founder David Velez confirmed the milestone, saying he expects to hit the target in a year, according to neofeed. Finbold?

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The US and UK regulators partner on broader crypto regulation. The U.S. and U.K. will strengthen their cooperation in regulating cryptocurrencies, including stablecoins and central bank digital currencies. Bitcoin News?

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Colombia's first version of the Land Registry makes its debut on XRPL. The initiative aims to register more than 100,000 adjudications in short term. U.Today?

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The Merge Explained: The Impact on Ethereum & Its Future. The aftermath of The Merge: effects, misconceptions, and opinions from giants in the space. Unlock?

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MoonPay and ApeSwap team up to introduce the fiat on-ramp. MoonPay will partner with ApeSwap to make it easier for DeFi users to access the ApeSwap platform, giving everyone more control over their resources. Cointelegraph?

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Arte News:?

Sony's Hawk-Eye Innovations and NFT tech collaborate to strengthen their foothold in sports NFTs. In order to connect live sports data to the enormous potential of the sports NFT market, NFT Technologies Inc. announced its partnership with Sony's Hawk-Eye Innovations. Business Wire?

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400 projects get funds from Web3 Foundation through Polkadot. The Web3 Organization (W3F) received hundreds of proposals from projects wishing to build on Polkadot; the foundation approved about 40% of these applications. Crypto Slate?

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Binance enters the NFT tickets market following the UEFA League debacle. The NFT-based tickets will remove scalping and the problem of bogus tickets, eliminating chaos at sporting events. The NFT tickets will also be used as discounts for shops and sporting events, free tokens, etc. Cointelegraph?

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MegaFans, a global eSports company, releases its first NFT line. The global eSports platform is the first to allow mobile gamers to win NFTs and compete for prizes in online tournaments. Benziga?

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Pearson intends to put textbooks on sale as NFTs. Educational publishers are moving into the non-fungible token space in order to recapture some of the revenue lost to secondhand sales. The Guardian?

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10,000 BAYC NFTs are converted into machine-created art by Google AI. All 10,000 Bored Ape Yacht Club NFTs were created into artwork by the AI. These works of art are paintings that are abstract. Coin Speaker?

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Lumos Labs Announces the Launch of an Accelerator for the Indian Web3 Community. Launching in partnership with The HBAR Foundation, the accelerator program will consist of two cohorts and focus on encouraging and empowering innovators in the Web 3.0 space. Business World?

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FC Barcelona’s first-ever NFT artwork sold for $693,000. A cinematic digital artwork by Barca called "In a Way, Immortal" recreates the moment Johan Cruyff "flew" into the air to score a goal against the football team Atlético Madrid on December 22, 1973, in the stadium. Gazette?

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Luxury retailer Tiffany & Co. announces jeweled Cryptopunk pendants tied to NFTs. Holders of the cryptocurrency Cryptopunk will be able to acquire one of the 250 non-fungible token passes called “Nftiff” for 30 ether or roughly $50K at today’s Ethereum exchange rates. Cryptosaurus?

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Condense raises $4.5 Million to accelerate virtual reality streaming adoption. The round was led by Localglobe, 7percent Ventures, and Deeptech Labs. Condense will use the money to deepen its relationship with artists, labels, content creators, and metaverse platforms so its technology can be adopted by more companies. Bitcoin News?

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Miami to offer NFT collection through Time, Mastercard, and Salesforce partnerships. The partnership will provide 5,000 NFTs created by 56 regional artists to symbolize the city's 56 square mile territory. The Block?

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Funko & entertainment powerhouse Paramount collaborate to release avatar legends NFTs. The two firms are collaborating to release a series of non-fungible tokens based on the Avatar Legends universe. The latest Avatar Legends Digital Pop from Funko will drop on August 9, 2022, via the Droppp NFT platform. Bitcoin News?

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The world's biggest Tequila brands explore the NFTs and the Metaverse. The world's largest tequila brand has expressed interest in expanding its presence in the Metaverse. U.Today?

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Xiaomi files a patent to create genetic sequences-based virtual characters for blockchain. The "Virtual Character Processing Method, Device and Storage Medium" patent was submitted in January 2022. The current description states that the invention can create virtual characters with various images based on various DNA sequences. Finbold?

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The Wharton School at the University of Pennsylvania now provides an online certificate program in metaverse business.?The online course will be taught in a broad language and will cost $4,500 for a six-week course that includes over 50 lectures and 8-10 hours of studying per week. Cointelegraph?

Launching Tomorrow - go-vprod.tokengate.app

On the 8th of August, yeswetrust, a Swiss social tech company launches its security token, Trustshare

yeswetrust is building an ecosystem based on personal and social change, impact investing, and real estate. A diversified, profitable, impact creating investment possibility.

The yeswetrust App gamifies real-world actions and incentivizes behavioral change through its utility tokens, YEET. These tokens can be utilized in the in-app marketplace, and in its real-world partner locations.

A second key pillar of yeswetrust is its Impact Fund. An ESG company itself, yeswetrust’s fund is aimed at creating funding opportunities for sustainable startups by investing 10% of its annual profits. The funded startups are chosen by yeswetrust’s global shareholders through blockchain-based voting.

Real Estate projects are the third cornerstone of yeswetrust, which includes the upcoming Crypto experience resort in Koh Phangan, Thailand. The ecosystem model also includes assets like hubs, co-living and co-working spaces that are either yeswetrust-owned or founded on a partnership model

yeswetrust’s security token offering (STO) represents a share in the company. Unlike an ICO, the STO is an investment contract that represents ownership of a real underlying asset. In yeswetrust’s case, the security token Trustshare entitles the holder to equity in the company as well as a portion of future real estate. The middle ground between an ICO and an IPO, STO’s are more regulated and are enforced by smart contracts on the blockchain. This provides investors with the safeguards that ICOs lack.?

yeswetrust predict that the next bull run in the Crypto Space will be focused on security token offerings and play-to-earn platform.

yeswetrust’s security token launches 08.08.2022. Every Trustshare investor becomes part of the ecosystem - a shareholder in the yeswetrust App and the crypto experience resort, as well as an investor in yeswetrust’s impact fund.

Evai Crypto Ratings Review

The Economy?- Matthew Dixon

Record inflation is on the horizon, massive interest rate increases, stagnant growth, and house prices falling. These are headlines you would normally associate with an emerging third-world country or with some dictator-ruled ‘basket case’ economy. The fact of the matter is that these are real headlines referring to the UK economy and equally can be leveled at other so-called ‘first world’ leading economies namely Europe and the United States.

We need to consider, what the central banks have left in their armory to ward off financial catastrophe. It seems we are all headed for some financial discomfort as prices continue to rise and real incomes fall. Raising interest rates will cause economic pain but perhaps are a necessary evil to reverse the ill effects of years of lax monetary policy which has lined the pockets of the richest in society.

Take heart though, it’s not all doom and gloom, Evai Ratings are building a very powerful and consistent record for identifying big gainers.

Take for example, YFI 119%, Rose 85%, FIL 106%, PERP 61%, BTCST 378%, PUNDIX 181% These are just a handful of the most recent Evai upgrades that have grabbed the headlines, all in a matter of days.

Learn to Earn

Want to learn about Development Workflow in smart contracts and decentralized finance?

Learn more about this topic with Prof. Dr.?Fabian Sch?r?of the?Center for Innovative Finance (Universit?t Basel).

Latest Investment News

Crypto Oasis Sentio is thrilled to announce the addition of?Bonuz - Web3 Social Engagement Platform, a unique blockchain-based engagement platform enabling celebrities, brands, and all kinds of creators to communicate and collaborate with their fans and collectors in an innovative and interactive way.

For more information click here.

That's it for this week, see you next week.