#200 - Claim your Genesis Media Pass! 🎫

Plus, Metaverse Markup Language & Gensler admits most tokens aren't securities

GM and welcome to Decentra Daily.

We're the web3 newsletter with a single goal: bring you the most important crypto and NFT stories of the day. 🤝

Today,

  1. Genesis Media Pass is now minting!

  2. Connecting metaverses with a universal language

  3. A $BLUR monopoly & a damning Gensler vid is uncovered

Plus, all the web3 headlines, memes, and Tweets of the day.

D-Daily takeaway 🥡Small increases for CryptoPunks, Otherdeed, and Pudgy Penguins push the index up over 24 hrs.

What's this? 🤔Our floor price index tracks the biggest, most influential pfp projects, art collections, and gaming assets.

Genesis Media Pass - Minting Now!

Subscribers on our allowlist – you can now mint your Genesis Media Pass on Manifold 🎉

With gas prices currently high, there's no rush to claim your Pass. We'll be unlocking new spots on the allowlist on a monthly basis, so you have plenty of time to mint. 👍

There will only ever be 1000 Genesis NFTs. Check out Wiggles' thread for more info on the benefits of holding a Genesis Media Pass.

Missed out on our first exclusive allowlist allocation? 

Don't worry bro! 😌 Look out for an announcement in a month or so. We'll let you know when the allowlist opens again.

Time for us to get cookin' on our first batch of rewards for our web3 community!

  • Questions about minting the Genesis Pass, or just wanna say hi and give us a chance to thank you for claiming? Talk to us on Twitter.

On the web3 wire 

BTC Ordinals inscriptions are soaring due to new BRC-20 standard 📈 Dune Dashboards show huge ATH numbers for new inscriptions on Bitcoin. The spike is mainly due to the launch of BRC-20, a contract standard for fungible tokens, which allows the creation of meme coins and alt currencies on the Bitcoin blockchain.

Binance bails on its Voyager bailout 🤝Back in December, Binance agreed a $1 billion deal to save collapsed crypto broker Voyager and return deposits to out-of-pocket customers. Now, Binance is backing out of the acquisition, citing an "uncertain regulatory environment."

The top 10 $BLUR holders currently own almost 95% of the supply 🥧The biggest Blur airdrop farmers now have an almost complete monopoly on the rewards token ...which isn't a very promising sign.

Notable Tweets ✅

What's Metaverse Markup Language? (MML)

What's the connection between NFTs and the metaverse?

Ask most people in the space, and they'll tell you that NFTs prove ownership across platforms, so in the future, you'll be able to buy something in one area of web3 and keep it wherever you go in the metaverse.

Sounds neat – but how will that actually work?

"Interoperability" is the term that covers these kinds of cross-platform mechanics, and it's a tricky area of web3 development.

While a blockchain token might prove that you own an asset, that doesn't really mean much if you can't access or use your asset in a setting that's different from where you acquired it.

So what's the fix?

Rob Whitehead, CPO at Improbable, has an idea.

It's called MML – Metaverse Markup Language.

MML is a universal coding language designed specifically for metaverse applications.

It would act as web3's version of HTML and JavaScript.

So, instead of describing links and page layouts, MML would cover all the basic features you'd expect from a virtual world, including:

  • 3D models

  • images & audio

  • real-time interactivity

  • cross-platform reactivity

That last point is especially exciting – change an object in one metaverse, and the object also changes wherever it appears in other metaverses.

If most metaverses adopt MML standards, then it becomes possible for users to rock up to a Horizon Worlds concert in the form of their Otherside Koda, dressed in .SWOOSH wearables, with a wallet full of gamer trophies. 😂

Check out Rob's Tweet for demos of MML being used to build objects in big graphics engines like Unity and Unreal Engine.

Decentra Daily is brought to you by Sorare

"Oooh look at me, I'm into NFTs, I don't have a girlfriend and make passive income by collecting digital sports cards to build fantasy teams. Blah blah."

Haaland might be a goal-scoring robot, but he doesn't know s*** about NFTs. 🤖 ⚽️

Sorare fantasy sports leagues have 260,000 monthly active players, so you definitely don't need to be a basement-dwelling degen to join in.

And, Sorare is now an official partner of the English Premier League (alongside the NBA and MLB), which means you can build your team around the Norse Demon.

How does Sorare work?

  • Collect officially licensed digital Cards from the fan marketplace

  • Build lineups and enter weekly fantasy contests based on IRL player performances

  • Rise up the rankings and earn rewards

Why haven't I started playing Sorare yet?

I don't know dude! Go. Check it out. We'll finish the newsletter when you're done.

Meme of the day

Degens who said the bull market was back

Have a great day! 👋

What we're reading this week

business x blockchainweb3 topics & the companies evolving them
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