For the past few days, we have been seeing a sporadic change in world economy and investment. From the initial resistance to "what we don't know", people have advanced and settled on the "I Crypto" thanks to many blockchain companies and others bringing Crypto to the people.
A great example of this is Metaplex. Metaplex according to what was written by Morgan Chittum on Blockworks is, "a Solana-based protocol used for minting NFTs...at minimal costs."
Metaplex isn't just for minting of NFTs but also "an infrastructure for creators to Launch self hosted NFT store fronts". Frankly, I find it cute. Now the big news is this...
Screenshot off Twitter
Metaplex are throwing in $46M in funds to Play-2-Earn. They are in collaboration with Multicoin capital and Jump Crypto in this great work. I don't really know in detail what it is that Metaplex does except for the information offered(plan to change that though in research), but whenever something as big as this is mentioned, it's worth the mention.
Play to Earn, NFTs and Crypto have now brought impossibilities to life as we watch the world as we know it unfold to something bigger and better.
LET'S EARN FROM LEARNING
To correlate, this collaborated POST by @readthisplease and @l33m45732 talking about Learn-2-Earn. Most of our youths have now taken their minds off education not because they are irresponsible, but because formal education only seems to sap you of strength and energy leaving you not just depressed but penniless. What would happen if there was a way to bring Blockchain Education? What if we could implement earning in Institutional tokens?
We would not just cut down on the massive accumulation of student debts but also give more than half the world's population the opportunity to be millionaires. Easier said than done. To make all these possible, more information, more knowledge (which would mean a lot of funds) into why this is important has to be disseminated to the general public. Unfortunately, we have power hungry men who not only want world economy under their rule but the people as well. This act would be against everything they stand for but it would be revolutionary.
LESSON 101 SMART ON CONTRACTS
Moving forward in my Crypto lessons, let's talk Smart contracts. I decided to understand how Cryptocurrency really works and that's because I want to build something long term for myself and my generation. To all newbies reading this, welcome to my journey in Cryptocurrency.
Now, what are smart contracts? Smart contracts simply explained are digital agreements between two entities. For example, we have the famous Kickstarter or Crowdfunding where someone wants to raise money for a certain project, he sets up a website or page with Kickstarter acting as the middle man between investors and the applicator.
The contract here is that, if the funds are generated and meet the required amount, the company or middle man are to send the money straight to the applicator to see to the project. However, if the money raised isn't up to the inputted amount, then the company or middle man is to refund back the money to the donators.
Smart contracts on the block chain network work just like that too but better. Unlike written contracts that could definitely have loopholes and human error, Smart Contracts are written on the term of Solidity (mostly on the ETH Blockchain) and are Immutable ( don't change) and Distributed(they are transparent).
From learning about Smart Contracts, I got to understand what Flash Loans are and how beneficial smart contracts are today.
Hehehehe. One step at a time and I think I made progress in finding the YouTube channel just for me. Okay, Moving on to one more thing.
THE HIVE COMMUNITY TWITTER SPACE
I'm sure we've heard of Twitter Spaces? So I was on the #tweetittoexistence talk where famous journalist and dreamcatchers shared their tweeted to existence story. Basically, They got where they are by utilizing Twitter as a tool not a media space.
Melissa Kimble said, "If you notice something that your community is missing, tweet about it...you never know where it'll lead."
This practically made me think of the NFT spaces I've joined recently on Twitter and it really is something to feel a part of a space like that. They not only leave on point tips for your NFT activities but in Cryptocurrency as a whole. This got me thinking, can Hive host it's own space in twitter? That would be awesome right?
I actually would start it but I believe that if people actually join the space to listen, a couple of Newbies aren't gonna cut it. What if a whale actually decides to check it out? I know that I don't have the basic shilling power to sell it but get the whole community involved and see the results.
CONCLUSION...
Now to wrap this up, Turkey haven't really been accomodative to Cryptocurrency. This Thursday, Bitcoin president Nayibubukele would be meeting Turkish President. What do you think's gonna happen?
Leave your comments and suggestions please.
THANKS FOR READING, SAYONARA!
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