Digital identification is one of the most interesting Web3 use cases, and many consider the concept central to the evolution of Web3. In theory, each of us would have a non-transferable token known as a self-sovereign ID (SSI) or a decentralized ID (DID). These smart contracts would allow us to control our data destiny, deciding for ourselves what data we wished to share with others. Continue Reading →

A Tale of Two NFTs

I can't help but think back to the middle of 2000 when any mention of the web or the internet or even the hint of a dot-com would get you laughed out of every VC’s office. The internet was alive and well and growing strong, but Wall Street was angry at itself for getting caught up in a bubble of its own making, and it took a year or two for financiers to collectively come to their senses and start investing again. Continue Reading →

Not Your Keys, Not Your Coins

The saying, "Not your keys, not your coins" is a truism amongst seasoned blockchain users. It means that if your private keys are not in your own digital wallet (preferably a hardware wallet), you do not actually own your cryptocurrency or NFTs or any other asset stored on a blockchain you believe you own. Continue Reading →

Crypto Schmypmo

Have you been wondering why my newsletter has been so highly focused on blockchain, cryptocurrency, NFTs, smart contracts, and the world of decentralized finance? Are you thinking, "This really doesn't apply to me or my business"? Are you saying things like, "Crypto schmypmo"? Continue Reading →
The NFT marketplace peaked on May 3, when $102 million worth were sold in a single day. Crypto-collectibles accounted for $100 million of those sales, but according to data analyzed by Protos, just $19.4 million in NFT sales (including $9.2 million in crypto-collectibles) were processed in the past week: a near-90% collapse from the market's peak just one month ago. Continue Reading →