Wednesday, June 16th, 2021
Cathy Hackl’s Weekly Metaverse Roundup 👾
I wanted to share Cathy Hackl’s round up of weekly Metaverse news. Cathy is one of the leading authorities on Metaverses, NFTs, Virtual Reality, and Augmented Reality.
Click here to read here weekly roundup.
The rise of Gajesh, the 13 year-old blockchain prodigy
Gajesh Naik is a blockchain developer who has been building a one-stop shop for DeFi on Polygon. His platform, Polygaj, has an AMM (decentralized exchange), single-sided staking pools, yield farms, auto-compounding vaults, an NFT marketplace, and a lottery-style game designed by Gaj himself.
Even more impressive is his roadmap for the rest of 2021. Gajesh is gaining attention from big players & crypto media outlets.
Here’s his advice on how to get started as a blockchain developer. Easy enough, right?
The World Bank rejects El Salvador’s request for help on Bitcoin implementation
The World Bank said on Wednesday it could not assist El Salvador’s bitcoin implementation, citing environmental and transparency drawbacks.
Despite these claims, El Salvador has already expressed interest in mining via geothermal energy. Additionally, transparency is one of Bitcoin’s key features. All transactions are publicly auditable via the Bitcoin ledger, which can be viewed by running a node or by visiting a block explorer.
AxieInfinity continues to lead the charge in the play-to-earn revolution
Play-to-earn gaming is a model that allows users to reap real-world financial rewards by playing video games. AxieInfinity has seen a major uptick in users, and last week in-game sales surpassed other top NFT projects; namely NBA Top Shot and CryptoPunks.
Here’s an 18-minute mini-documentary about the play-to-earn gaming model, and how a community in the Philippines played AxieInfinity to get by during the pandemic.
Why borrow in DeFi?
Lending and borrowing protocols, like Aave and Compound, allow users to deposit crypto assets and borrow against them. But why would anyone want to take on a crypto loan in the first place? Edgar Moreau breaks it down here.
That’s all for today.