Feeling a Bit Crabby?

Blubber Notes #45

Dear Future Whales,

It’s okay if the market still has you down, but keep reading and you’ll find there are plenty of reasons to stay upbeat! In today’s note, I provide an update on the TNL NFT collection and Root Token claim and highlight my favorite podcasts with some educational components to keep you sharp. Lastly, there are a few free airdrops and token claims up for crabs… I mean grabs.

Summary:

• News Around Muhammad Ali’s -The Next Legend

• Top Podcasts

• Free Airdrops and NFTs

News Around Muhammad Ali’s -The Next Legends.

• What is TNL?

  • The Next Legends allows you to play a part in the boxing championship of the Open Metaverse! Take on the role of a coach and manager and reach for greatness by training and managing your own AI-driven boxer. Predispose your fighter for success - upgrade, trade, and compete against opponents. With the right decisions both in and out of the ring, your boxer could be the next legend!

  

  Source: twitter.com/futureverse/status/1658608406620696576

• News:

  • 1st - The Locker Room opens tomorrow. You’ll be able to give your boxer an official name and backstory, and even download 3D models of the character.

  • 2nd - If you’re holding a TNL Pro Boxer, then you can unlock your ROOT token rewards by bridging a single boxer from Ethereum to the Root Network. You’ll receive tokens for every boxer you own.

Top Podcasts From the Week:

• Floor NFT - Under the guise of continuing to learn and sharpen your skills, I highly recommend listening to the past week’s Floor Pod on “Where do I store my NFTs now?” Yes, it covers the recent drama about Ledger’s seed phrase and sharing feature but the front half is more interesting and covers the recently approved ERC-6551.

  • What is ERC-6551? The short version ERC-6551 = digital gift baskets. The basics include the idea of using your NFT to store other NFTs, trade ERC20s, and more. Check out this recent note that does a nice job of explaining the concept and potential.

• Web3 Breakdowns: An IP Lawyer on NFTs and AI - I continue to struggle with understanding what I can and cannot do with the various NFTs I own. What rights come with them? What potential liabilities do I have if should I use them for marketing or commercial use? What to listen for:

  • Differences between copyright and trademark law - Minute 9

  • The pros and cons of the different licensing options - Minute 23

Airdrops and More:

• Bankless just recently shared a thread on how to take advantage of a potential LINEA airdrop. This news made its way to today’s note since there is a competition and leaderboard for the rights to mint a one-of-a-kind NFT.

• Free Mint “Zerion DNA 1.0” - Thanks to the First Mint team for making me aware of this one. This mint is on Ethereum, so expect a few dollars in transaction fees, but otherwise free.

• If you like free NFTs, then sign-up for SegMint’s waitlist and beta. Joining the platform will allow you to claim a free NFT. The earlier you sign up, the more likely you will receive a rare NFT when the time comes!

Authored by Matt Bartlett, CAIA. Follow Matt on Twitter @MattBartlettVE

NOT INVESTMENT ADVICE

Please note the author has invested in all NFT projects mentioned within this article.

Please note that SegMint may offer investments products that invest in the asset class(es) or industries included herein.

The information herein represents the opinion of the author(s), but not necessarily those of SegMint, and these opinions may change at any time and from time to time. Non-SegMint proprietary information contained herein has been obtained from sources believed to be reliable, but not guaranteed. Not intended to be a forecast of future events, a guarantee of future results or investment advice. Historical performance is not indicative of future results. Current data may differ from data quoted. Any graphs shown herein are for illustrative purposes only.

This is not an offer to buy or sell, or a recommendation to buy or sell any of the securities/financial instruments mentioned herein. The information herein represents the opinion of the author(s), but not necessarily those of SegMint, and these opinions may change at any time. Non-SegMint proprietary information contained herein has been obtained from sources believed to be reliable, but not guaranteed. Not intended to be a forecast of future events, a guarantee of future results or investment advice. Historical performance is not indicative of future results. Current data may differ from data quoted. Any graphs shown herein are for illustrative purposes only.

In consideration of the receipt of non-fungible tokens (“NFTs”) from SegMint, you represent, acknowledge, accept and agree that: you received the NFTs as a gift from SegMint. You did not pay any consideration, monetary or otherwise, for the NFTs.

The NFTs are not an investment. Rather, the NFTs are digital memorabilia intended solely for entertainment purposes. As entertainment memorabilia given to you as a gift, the NFTs have no value and are not intended by SegMint to ever have any value. Neither SegMint nor anyone else will take or not take any current or future action that is designed in any way to maintain the value of the NFTs, or to cause their value to grow or increase. You must not attempt to obtain an NFT from SegMint if you view it as an investment.

As a condition of receiving the NFTs, you shall hold the NFTs for your own personal benefit, and you shall not act, and are not acting, on behalf of any other person or entity; except that, if you are an affiliate of an entity or person whose relationship or affiliation you have made SegMint aware of prior to your receiving the NFT, and SegMint consents to your receiving an NFT, you may receive an NFT. You shall not sell, assign, alienate, lease, lend, fractionalize, re-gift, convey or transfer in any way the NFTs (or any interest therein) to any other person or entity, even an affiliate. Any sale, transfer, assignment, or other action covered in the preceding sentence shall be void. You must not attempt to obtain an NFT from SegMint if you plan to sell or transfer it. The above content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained in this email constitutes a solicitation, recommendation, endorsement, or offer by the Author or any third-party service provider to buy or sell any securities or other financial instruments in this or in any other jurisdiction in which such solicitation or offer would be unlawful under the securities laws of such jurisdiction.

Cryptocurrency is a digital representation of value that functions as a medium of exchange, a unit of account, or a store of value, but it does not have legal tender status. Cryptocurrencies are sometimes exchanged for U.S. dollars or other currencies around the world, but they are not generally backed or supported by any government or central bank. Their value is completely derived by market forces of supply and demand, and they are more volatile than traditional currencies. The value of cryptocurrency may be derived from the continued willingness of market participants to exchange fiat currency for cryptocurrency, which may result in the potential for permanent and total loss of value of a particular cryptocurrency should the market for that cryptocurrency disappear. Cryptocurrencies are not covered by either FDIC or SIPC insurance. Legislative and regulatory changes or actions at the state, federal, or international level may adversely affect the use, transfer, exchange, and value of cryptocurrency.

Investing in cryptocurrencies comes with a number of risks, including volatile market price swings or flash crashes, market manipulation, and cybersecurity risks.  In addition, cryptocurrency markets and exchanges are not regulated with the same controls or customer protections available in equity, option, futures, or foreign exchange investing.  There is no assurance that a person who accepts a cryptocurrency as payment today will continue to do so in the future.

Investors should conduct extensive research into the legitimacy of each individual cryptocurrency, including its platform, before investing. The features, functions, characteristics, operation, use and other properties of the specific cryptocurrency may be complex, technical, or difficult to understand or evaluate. The cryptocurrency may be vulnerable to attacks on the security, integrity or operation, including attacks using computing power sufficient to overwhelm the normal operation of the cryptocurrency’s blockchain or other underlying technology. Some cryptocurrency transactions will be deemed to be made when recorded on a public ledger, which is not necessarily the date or time that a transaction may have been initiated.

·         Investors must have the financial ability, sophistication and willingness to bear the risks of an investment and a potential total loss of their entire investment in cryptocurrency.

·         An investment in cryptocurrency is not suitable or desirable for all investors.

·         Cryptocurrency has limited operating history or performance.

·         Fees and expenses associated with a cryptocurrency investment may be substantial.

There may be risks posed by the lack of regulation for cryptocurrencies and any future regulatory developments could affect the viability and expansion of the use of cryptocurrencies. Investors should conduct extensive research before investing in cryptocurrencies.

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