Future Finance - Issue #118: It's Time For Ultra Sound Money 🦇 🔊, A Cryptopunk Sells For Less Than A Cent, And Coinbase Agrees To Buy Zabo

Welcome to another issue of Future Finance, your weekly off-chain newsletter about the world of on-ch

Future Finance - Issue #118: It's Time For Ultra Sound Money 🦇 🔊, A Cryptopunk Sells For Less Than A Cent, And Coinbase Agrees To Buy Zabo By Alan Tsen • Issue #118 • View online Welcome to another issue of Future Finance, your weekly off-chain newsletter about the world of on-chain finance. And always, there's no shortage of news from the industry. So grab a coffee (or beer), and let's get into this week's news from the world of open and decentralised finance. 👉 Got some interesting news I should include in my newsletter? Feel free to respond to this email or hit me up on Twitter - my DMs are always open. — Alan Tsen 👊💯 Ps. If you like what I'm doing here, please feel free to share it on your favourite social media network. Also, it'd be great if you forwarded this newsletter to a friend you think might enjoy it.

📰 News This Week

The Math Behind a Deflationary ETH After EIP-1559 There's a bullish case for ETH and it's being defined by the term deflationary asset - here's the math behind that claim. thedefiant.io  •  Share

Coinbase Agrees to Buy Zabo, the 'Plaid of Crypto,' for Undisclosed Sum Terms of the deal were not disclosed, but Zabo emphasized that this is a proper acquisition, not an acqui-hire. www.coindesk.com  •  Share

When $114M in CryptoPunks Sell, So Do Other NFT Projects CryptoPunk sales exploded over the past week, and the rest of the NFT market is coming along for the ride. thedefiant.io  •  Share

Pantera, Coinbase Ventures and Sony back NFT-focused MakersPlace in $30M Series A MakersPlace says they will use the funds to scale business operations and onboard new talent. cointelegraph.com  •  Share

Bitcoin Rewards Site Lolli Raises $10M, Eyes Gaming Sector for Growth Bitcoin rewards company Lolli has raised $10 million in a Series A funding round led by Acrew Capital. www.coindesk.com  •  Share

Ethereum Is Becoming Ultrasound money, ConsenSys Founder Says Major Ethereum contributor Joe Lubin described London hard fork as a step to "the introduction of something that people are calling ultrasound money." cointelegraph.com  •  Share

Mistake Sees $69,000 CryptoPunk Sold For Less Than A Cent A CryptoPunk owner accidentally put their NFT on sale for less than a cent and someone snapped it right up. www.theblockcrypto.com  •  Share

A Few Approaches to Project Drops In recent weeks Art Blocks has seen a surge of generative art collectors joining the community. While we love to see the platform grow, we recognize that drop times have been a source of network-wide… medium.com  •  Share

Square Nets $55 Million In Q2 Bitcoin Profit, To Expand Cash App Users Via $29 Billion Acquisition Square made $55 million in Q2 bitcoin profits and is set to increase Cash App's user base through a $29 billion acquisition deal. www.theblockcrypto.com  •  Share

A Comprehensive Guide to the Top NFT Avatars If you're looking to get into NFT Avatars you might be suffering from decision paralysis — here's a guide for you. thedefiant.io  •  Share

🎧 Podcasts Of The Week

EIP1559 Expert Panel The time has come. With the London Fork just around the corner, the much anticipated EIP-1559 will be implemented. This fundamentally changes the relationship among miners, users, and gas. This panel, moderated by Ethereum core developer Tim Beiko, is… pca.st  •  Share

Gaming NFTs and DeFi vs CeFi with Amy Wu Amy Wu of Lightspeed Venture Partners joins Kevin to cover various topics, including how venture capitalists can add real value to projects. They cover Arbitrum, FTX, Solana, the Metaverse (and why Facebook is showing a keen interest in it), and blockchain games like Axie Infinity. pca.st  •  Share

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By Alan Tsen Future Finance is a curated newsletter sent to your inbox every week. We cover all the most important news in the world of decentralised finance. It takes 10 minutes to read and provides you with all the essential news. Tweet     Share

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