#213 - Web3 threads 🧢 of the week

GM daily-ers!

Author

joe hitchcock
May 13, 2023

GM and welcome to Decentra Daily.

We're the newsletter that can't start the weekend without a roundup of the week's best web3 threads.

Today,

Up first, @EricCLFung asks the question of the week: WTF is Miladys?

Welcome to web3 threads of the week! Good to have you here.

Eric starts our email by trying to figure out what a "milady" is – and why Elon Musk tweeted a meme of the NFT collection.

In this thread, Eric covers how Milady's retro aesthetic has supported a slow rise in popularity (and floor prices) while other NFT collections have struggled.

Another intriguing Milady's question: why was the collection included in the currently exclusive Blur Blend protocol? Perhaps because its founders have some valuable OG connections within the NFT space?

Also tackled in the thread: controversial comments and behavior from founder Miya, made during the project's early days.

Second, @LinusEkenstam compiles a megathread on Google's AI announcements

Linus keeps us updated with the story we covered in yesterday's newsletter – the announcement that Google is pivoting almost all of its major products toward AI.

This mega-thread shares individual threads on Google's AI push, including:

  • an AR collab with Adobe

  • how AI will change Google search

  • an AI image watermark feature

  • A new AI model called Gemini

  • A thread from Sundar himself

Oh, and Google's conference week also gave us the "Google Duck," now forever joined with the AI revolution.

Third, @moritzkremb on the intensifying Bard vs GPT battle

Another thread on Google news. Here, Moritz explains how Bard's "massive" upgrade puts the ball firmly in ChatGPT's court.

Examples? Bard is natively connected to the live internet and supports integrations with big names like Spotify and Walmart. Also, it supports voice and image prompts.

Check out the thread for Bard's other updates – or sign up for Moritz's weekly newsletter.

@LambolandNFT provides the alpha on a new Star Wars NFT collection

Disney is partnering with NFT studio Cryptoys to launch a set of Star Wars collectibles on May 24th.

You can buy a $40 mystery box containing a 1st edition Luke, Leia, or Vader. But Lamboland asks, should you?

This thread points out how the Cryptoys marketplace isn't live yet, and it's not clear if the NFTs will be interoperable with other platforms.

Also, it's potentially difficult to weigh up the audience for Star Wars merch vs the demand for Cryptoys distinctive style of collectibles.

The case for minting? The team behind Cryptoys, OnChain Studios, is experienced in the space and has raised a wild $33.5 million in funding.

May the force be with you, etc. etc.

@inhabitants_ completes the set of Planets lore

Inhabitants Universe dropped this ultimate thread of threads for those following along as they build out the "Planets" ecosystem.

There's a thread for each planet in the solar system – complete with easter egg-filled animated artwork, planet histories, and traits for each world.

On the web3 wire

How to trade BRC-20 tokens πŸ› οΈWant to join the hottest web3 market? Here’s a short guide to creating a Bitcoin wallet and minting some memecoins.

How will generative AI impact Web3? πŸ€”Beyond generative artworks, AI will facilitate the building of expansive metaverses and virtual environments, says this CoinTelegraph article.

Meet Burnham, Amazon’s AI home robot πŸ€–AI upgrades to the current model, Astro, could enable the robot to have conversations with its owner, find your misplaced keys, and check on your kids.

@EasyEatsBodega says: don't get jaded by memecoin season

EasyEats writes this thread to remind us that, while memecoins may have grabbed the spotlight with both hands recently, there's actually a ton of cool stuff happening in NFTs and wider web3.

Like what? Well, Sports Illustrated launched an NFT ticketing service on Polygon. Plus, Deloitte, Microsoft, and Goldman Sachs are building a blockchain. And Ripple and Coinbase are both thinking about setting up shop in Dubai.

All in all, there's still growth happening every day in web3, so let's stop with the doom and gloom, shall we?

@0xNox_eth contemplates Jaredfromsubway.eth's insane memecoin gains

In this thread, Nox covers jaredfromsubway.eth, an MEV extractor who's making an average of $2.6 million every. day. by auto-trading memecoins.

MEV stands for Miner/Maximum Extractable Value, where bots exploit arbitrage opportunities in the order in which transactions are added to the blockchain.

Jared is the MEV GOAT because, Nox says, their bot is deployed with skill, some πŸ‘Œ strategy, and tech that lets them identify and execute MEV opportunities faster than competitors.

Want to learn more about MEV bots? Check out the resources in the thread.

@tc_littler on how to do branding like Jack Butcher does branding

Tom discusses the success of Jack Butcher through the lens of his brand, Visualize Value.

What makes VV a successful franchise? Tom says, three things:

  1. Consistency. Jack has maintained the same aesthetic for years.

  2. Playfulness. Jack doesn't take things too seriously but balances fun with high-value products.

  3. Adaptation. Jack hops on new trends thoughtfully and is always open to evolution (see: Checks and Opepen.)

@Croesus_BTC starts looking forward to Bitcoin's halvening

Here, Jesse takes us through the concept of a Bitcoin halving – the next one of which is happening in under a year.

Basically, every 4 years, the network's "block subsidy" decreases by 50%, which means fewer Bitcoins are created, resulting in a supply shock that has traditionally caused significant price increases.

If demand exceeds supply, Jesse predicts BTC prices will increase by 4-8X, meaning potential peaks of anywhere from $120K to $240K. 😳

If you want to read Jesse's full halvening analysis, give him a thumbs up on Twitter and he'll DM you the link.

And finally, @waitbutwhy takes us from 2015 to the Big Bang in 12 Tweets

Last up for today, Tim Urban shows wannabe content creators how to summarize info down to the essentials – by condensing all of history into a 12-Tweet thread.

He starts in 2015, then works his way back in a series of timelines, each one containing all the previous timelines. A lil' perspective for your bear market brain!

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I'll see you in the next Decentra Daily πŸ‘‹

Meme of the day

To degen or not to degen, that is the question.

What we're reading this week

business x blockchainweb3 topics & the companies evolving them
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