🎬 Hollywood responds to Web3 👀 NFT artists = selling a story 🤳 Mark's brand new selfie


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Web3 Creator

The next internet era.

Mark's new selfie 👆🏻

It's Thursday!

Mark Zuckerberg responds to metaverse memes with a redesign and a brand new selfie.

Zuckerberg debuted Horizon Worlds, a virtual reality social app, in France and Spain earlier this week, sharing a somewhat flat, goofy digital avatar posed in front of the Eiffel Tower and rolling green hills.

The internet immediately jumped in, mocking what many users viewed as (hopefully) preliminary graphics for a venture that Meta has spent at least $10 billion in the last year.

In this newsletter, you'll find:

💸 Hollywood responds to Web3
🔑 DAOs key to Gen Z loyalty?
👀 NFT artists = selling a story
🤳 Telegram username NFTs
🌍 Jobs in Web3

WHAT'S NEW?

Invesco rolls out new $30 million metaverse fund.
Hell’s Kitchen’s Gordon Ramsay moves to the metaverse in a partnership with the Sandbox.
Solana Wallet introduces ‘Burn NFTs’ to protect investors from scams.
PlayNFT launches an NFT marketplace for YouTube and Twitch streamers.
Pudgy Penguins NFT announces new advisory board.
eBay is acquiring trading card marketplace TCGplayer for a whopping $295 million.

What’s Hollywood doing about Web3?

Post pandemic, the stock market, technology industry and the arts have all been swept up by the wave of Web3. The major discourse seemed to begin once Facebook changed its name to Meta in October last year.

The main discourse that surrounds societal talk around Web3 is what many consider the root of all evil; money. Statistics like the following, attracted media attention; “by the end of 2020, the total market revenue for NFTs was $300 million. One year later, it was a $41 billion business” according to Chris Jacquemin, WME partner and the agency’s head of digital strategy.

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Recap

Here's a recap of popular topics we covered...

🍃 Why big brands need to lead the way in environmentally friendly NFT drops

The main backlash point for individuals and companies jumping on the NFT train? The environmental implications.

🎧 How to really use Discord

While Discord has its faults it’s kind of the de facto channel for co-creation communication which is great for brands.

💸 If a buyer gets scammed, should their NFT be refunded?

As creatives and potential NFT creators, we must consider what responsibility we take over whether a buyer gets scammed or not.

🚀 NFTS <> loyalty programs

People are buying NFTs in the hope of proving ownership of a virtual item using blockchain technology, which acts as a digital ledger of transaction history.

You can read all the stories in one place here.

Why DAOs could be the key to Gen Z brand loyalty

The NFT and Web3 world encompasses a lot of things but one of its main strengths over Web2 is consumer contribution. If a consumer can contribute to a brand or artist identity (through products, services or bodies of work) the more invested they become.

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artnet

NFT artists are not selling ‘digital art objects.’ They are selling a story, one that requires constant retelling

And that story better keep the degens excited.

People promoting the alternative NFT art world tend to pronounce very confidently on the evils of the traditional art world, perceived to be hoarding economic opportunities that the magic of blockchain technology will open to all. But often it seems to me that this vision still buys the traditional art world’s hype.

The truth is that anyone who seriously studies the art market would know that traditional art is mainly a bad investment. Almost all new art is worth...

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decrypt

Telegram CEO proposes auctioning usernames, links as NFTs

Inspired by the $3 million TON domain sale, he wants to “add a little bit of Web 3.0 to Telegram.”

In a Monday post to his personal Telegram channel, which has 651,000 subscribers, Durov suggested that millions of reserved Telegram addresses could be auctioned as assets on the blockchain.

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