The moment has arrived to publish our regular digest of crypto news and developments. As usual, we have tried to find the most promising examples of web3 adoption. As usual, we are delighted to share them with you, so that we all keep on promoting and improving the industry.
‘Financial News’ cites several opinions expressed by ex-bankers who had joined the crypto industry before the ongoing ‘crypto winter’ came. They do not regret taking this course. Here are a couple of voices:
- ‘I have never looked back, not one day’
- ‘There’s a material opportunity in this space’
Vitalik Buterin, the father of ETH, is feeling philosophical about the current downward trend in the crypto market. As the founder of Ethereum says, the world of crypto ‘has had ups before, and it has had downs before’. He is also sure that there will also be ‘ups and downs’ in the future.
Jon Cunliffe, Bank of England Deputy Governor, compares the current crypto market difficulties with the dotcom crisis of the early 2000s. This idea leads him to believe that those web3 companies that will withstand this crisis will also dominate the blockchain-based economy of tomorrow. As he says, many Internet companies had to go back then, at the very start of the millennium, however, the technology itself stayed with us. Elaborating on this story, he assumes: the technology ‘came back 10 years later, and those that survived — the Amazons and the eBays — turned out to be the dominant players.’
As we have already mentioned in one of our recent articles, the professional sports industry likes collectibles and memorabilia, including digitized ones. Here is one more inspiring example: the National Hockey League has entered a partnership with Sweet to ‘create a unique NFT marketplace and collections of NFTs—unique blockchain tokens that signify ownership’. Great news for the hockey lovers!
Another sports related NFT project has been announced by Binance. Ronaldo, a megastar football player, has become an official partner of the world’s main crypto exchange. The project itself is described as ‘an exclusive, multi-year NFT partnership.’