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SOS, it's a Web3 Emergency!
Community Update 44
Good Evening Zashers,
Hello new year! With 2022 just around the corner, we’re one step closer to the Football World Cup, the Winter Olympics, and most importantly Top Gun: Maverick! In this week’s New Year’s special, we’ll cover the rise of OpenDAO, a Zash-exclusive networking opportunity, and more! Check out what’s going on below ⬇️
Web3 Insight 🌐
It’s an emergency! Last week, a new DAO called the OpenDAO suddenly emerged from the shadows to distribute free tokens to users of OpenSea, the largest NFT marketplace in the world. OpenDAO and its SOS token exists "to pay tribute, to protect, to promote the NFT community”, according to its website. Anyone who transacted on OpenSea was open to claim tokens after linking their wallet to the OpenDAO website, with rewards being then calculated based on the total value and number of transactions made on OpenSea. The total number of transactions has 30% weight, and transaction volume in ETH, DAI, and USDC has 70% weight for token distribution, according to the OpenDAO's website. That means the more money spent on transactions, the more SOS tokens you would get. This obviously got a lot of attention on Twitter, with many users criticising OpenSea but appreciating OpenDAO for giving back to the community. For a more detailed guide into SOS, here’s a great explainer 👇
Bored over lockdown? Why not take a read of Messari’s Crypto report for 2022, where Ryan Selkis, founder of Messari Crypto dives into (with no words spared!) the “key trends, people, companies and projects to watch across the Crypto landscape for 2022”.
Elsewhere, here’s an interesting read about Polygon, a layer-two network designed for scaling and application infrastructure development on Ethereum, and how it’s challenging the limitations of Ether and the Ethereum blockchain.
In other news, are you visiting Gibraltar anytime soon? Gibraltar is looking to become the world’s first cryptocurrency hub. Now that’s an excuse for a holiday!
Bored at home? 🕸
A few weeks ago, we held our inaugural Zash social in London where blockchain and crypto enthusiasts could network and discuss the future of Web3 over some drinks. We do look forward to hosting more of these events in the new year, however, with the impending lockdown restrictions and more people indoors over the next few weeks, we aim to keep the networking spirit alive by pivoting to digital match-making and networking, allowing our community to meet like-minded crypto enthusiasts all whilst following lockdown rules!
Register to be paired up with interesting individuals and embed yourself deeper in the Web3 community. We'll then match you up with a corresponding community member and leave the rest to you.
Registrations are a precursor to potentially more frequent online match-making and exclusive Zash events in 2022.
What are you waiting for? Register here! 👇
Reading List 💡
Tech News 🖥️
TikTok overtook Google as the most visited website in 2021, in Cloudflare’s annual rankings. I think it’s time to brush up those TikTok dancing skills!
Apple has issued rare bonuses of up to $180,000 in shares vesting over four years, in a bid to stop its top talent defecting to other tech giants like Google and Meta.
Are the robot’s finally taking over? Amazon’s Alexa assistant told a child who asked for a challenge this week to “plug in a phone charger about halfway into a wall outlet, then touch a penny to the exposed prong” , after failing to vet internet search results.
Stock Market 📈
Looking for where you should put your money in the stock market for 2022? Have a look at CNBC’s recommendations here.
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Happy New Year, and see you next week!