TLDR Crypto Daily Update 2022-02-10

Solana index token β˜€οΈ, Metaverse fashion week πŸ‘—, working as a web3 contractor πŸ‘¨β€πŸ’»

Innovation & Launches

Shiba Inu introduces real estate in doggy Metaverse (2 minute read)

The team behind Shiba Inu (SHIB) has announced their plans to build a doggy version of the metaverse codenamed Shibverse. The team plans to offer Shiba Land for sale through a queue system that will prevent bots and gas wars. People interested in buying Shiba Land will have to hold LEASH tokens. There will be an anti-dump system to protect LEASH holders. SHIB currently has a total market valuation of around $17.3 billion.

Salesforce tells employees it's working on NFT cloud service (2 minute read)

Salesforce plans to make a cloud service for creating NFTs and releasing content on marketplaces like OpenSea. It may integrate the service into its own ecosystem to create a Salesforce-owned NFT marketplace. Salesforce's interest in the space is no surprise as NFT trading surpassed $23 billion in 2021. The announcement was made at a private meeting where the co-CEOs of the company discussed Salesforce's strategy around NFTs.

Index Product Provider Amun Makes Play for Solana With SOLI Token Launch (1 minute read)

SOLI is a token that tracks Solana projects. It provides exposure to five highly liquid Solana assets. SOLI was built by Amun, a provider of crypto index products. The token will be launched on Raydium, a Solana-based automated market maker. SOLI can be minted, burned, and redeemed for its underlying tokens on the Amun platform. The annual index management fee of 1.5% will be waived for all token holders until the end of 2022.
Guides & Resources

What L222 Means For The Ethereum Ecosystem (12 minute read)

Layer 2 solutions on Ethereum present an opportunity to scale to millions of new users through cheaper transaction fees, faster throughput, and trustless proving mechanisms. Most L2 solutions are rollups, which execute transactions in new environments before sending data back to Ethereum. This article looks at major trends in scaling, whether L2s will have more total value locked than L1s this year, which problems will be solved and which won't, and what new platforms new developers should learn.

Crypto Reading (Website)

This website contains a list of worthwhile posts about cryptocurrency. It is ordered by year and the curator recommends reading the posts in chronological order. The posts include the original Bitcoin whitepaper and guides on understanding many different blockchain technologies.

Business Structure and Operations as a Web3 Contractor (16 minute read)

This article describes the business structure and operations for a web3 contractor. It goes into detail about the business's legal structure, tax compliance, payroll, shareholder distributions, accounting, and much more. The information is relevant to the US and may not make sense for individuals in other jurisdictions.

Apple To Enable Crypto Payments With β€˜Tap To Pay’ by the End of 2022 (2 minute read)

Apple is releasing a Tap to Pay feature for the iPhone later this year. With Coinbase and's recent Visa Card launches, this means that crypto can soon be used as a transaction method almost everywhere in the US. More than 90% of US retailers accept Apple Pay. Google recently hired a PayPal veteran to begin testing payments with crypto, but Google Pay only has a 3% share of American markets.

Decentraland Metaverse Fashion Week to Launch Next Month (3 minute read)

Decentraland is holding a Metaverse Fashion Week between March 24 to 27. Attendees will be able to experience virtual fashion shows, attend after-parties and concerts, and buy and wear digital clothing. Big-name brands like Hugo Boss will be participating. Metaverse Fashion Week will be free to attend for anyone with an Ethereum wallet. Some exclusive events will only be accessible to owners of a brand's NFTs.

BlackRock Planning to Offer Crypto Trading, Sources Say (3 minute read)

BlackRock, the world’s largest asset manager, is preparing to offer a cryptocurrency trading service to its investor clients. The company plans to allow clients to borrow from them by pledging crypto assets as collateral. Clients will be able to trade cryptocurrency through BlackRock's integrated investment management platform, Aladdin. BlackRock has been planning the service for some time. No timetable for unveiling the service has been released.

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