Generally speaking, technology is neither good nor bad; that distinction is for people. Technology is simply a fancy word for tools; generally speaking, banning tools is a way for central authorities to demonstrate and maintain power. Minecraft is a central authority clearly afraid of decentralized technologies (such as blockchain and NFTs) and how Web3 tech might empower its users. Continue Reading →
Over the next few days, Android users may notice Google Wallet showing up on their phones. The successor app to Google Pay was announced at Google's 2022 I/O event as a way to manage all of your digital cards: credit, debit, ID, vax status, tickets, and more. Continue Reading →
Otherside, the much-anticipated metaverse gaming platform from the creators of the Bored Ape Yacht Club (BAYC), is open for business. Over the weekend, 4,300 "Voyagers" were invited for a demo and tour of the immersive, ape avatar-navigated online platform. Continue Reading →

eBay and OpenSea

OpenSea, the world's largest NFT marketplace, announced that it will lay off 20% of its staff. This is not a surprise. Cryptocurrencies, the main driver of value for NFT speculators, are trading 50%-70% below their all-time highs, and NFT trading volume on OpenSea has tumbled as well. Then, there's the overarching problem: while OpenSea continually evolves, NFTs continuously evolve. Continue Reading →
By trading volume, Axie Infinity is the largest NFT project of all-time, but the world's leading play-to-earn game has traveled a rocky road. If you remember, in March 2022 Axie was the victim of the largest crypto hack in history, losing approximately $622 million. However, things are looking up. While all of Axie's industry comps and KPIs are well under their high water marks, Axie is making a comeback. Which raises the question: Why? Continue Reading →

BNPL for NFTs

Teller, which touts "crypto loans for the real world," wants to help you buy "blue chip" NFTs using their BNPL (buy now pay later) feature. Continue Reading →

Web3 is B.S.

I was at a dinner party earlier this week. When our host asked what I did for a living, I answered, "I run a consulting practice focused on Web3 strategy and solutions," to which she responded, "Web3 is B.S. You don't even know what Web3 is." Continue Reading →