New Fishing Grounds

Blubber Notes #42

Dear Future Whales,

This week Blur.io made a big announcement tied to a new P2P lending protocol to help collectors and traders achieve some liquidity from their often illiquid investments. Solana comes out with their Saga Mobile device and the ROOT network kicks May off with a must-listen to AMA tonight!

Source: SegMint.io AI Tool

Summary:

1. Blur Launches P2P Lending

2. The Saga of Solana

3. The ROOT of the Opportunity (AMA Details)

4. Free Mint: Stand with Crypto

BLUR Blends

Fishing for Liquidity?

• The latest development from BLUR.io is Blend, the peer-to-peer perpetual lending protocol for NFTs. This protocol enables 10x higher yield opportunities than current DeFi protocols, unlocking greater liquidity for NFTs. With Blend, lenders are able to lock up NFTs and earn higher yields than those offered by current DeFi protocols, while borrowers can access the liquidity they need to take advantage of market opportunities.

• This news was met with mixed emotions. One of my favorite influencers and leaders in the space has this to say…

  

  Source: Twitter

• Regardless of whether you participate in Blend, keep an eye out for SegMint.io in early Q4, where you can potentially get liquidity without taking on additional risk! Sign up for the waitlist if you haven’t already.

The Saga of Solana

• I don’t typically write about SOL NFTs, but the Solana “Saga” claims to begin a new era of web3 communication built on premium hardware.

• The device will work as your cold storage device, help you to deftly navigate future dApps without having to open additional browser windows, and comes with a limited-release NFT for the first 10,000 orders.

• Before you rush out and buy one, I recommend listening to the recent FloorCast - The NFT Podcast. Chris K makes the device sound like a middle-of-the-road, Android device that lacks the established dApps to create a worthwhile web3 experience.

Listen to the ROOT AMA (Ask Me Anything)

• I’ve been sharing details on various Futureverse projects since the beginning of Blubbernotes.com. Today is an ideal time for you to join the official ROOT Network AMA (Twitter Spaces) today at 6PM ET. Listen to hear what CEO Aaron McDonald has to say and find out why I’ve been such a supporter of this project since the beginning.

  

Free Mint: Stand with Crypto

• You can claim “Stand with Crypto Commemorative NFT” compliments of Coinbase

  

  Source: Twitter

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

NOT INVESTMENT ADVICE

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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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