Dear Future Whales,
In today's note, we delve into the realm of web3 security, sharing recommended best practices published this morning. The Portals.to team revealed some significant news and Alpha yesterday for holders, outlining what to expect going forward. Lastly, we'll explore tools designed to empower both communities and project founders. Let's dive in!
Summary:
Latest Web3 News
A Note From SegMint - Security Best Practices
Portals.to: SOTU address + Alpha
Featured Web3 Tool: CoinTool.App
📰 The Latest News
In case you missed them, here was the biggest news from last week:
OpenSea CEO Devin Finzer stated that while OpenSea is "open-minded" about acquisitions, he did not provide further details. This statement comes as OpenSea faces significant market share loss to competitors like Blur and Magic Eden.
There is growing speculation around Palworld, often described as “Pokémon With Guns.” It is thought to be the title that could bridge web2 and web3 and their is growing speculation that items earned in-game might be NFTs.
Sign up for Farcaster - What is it? Farcaster allows you to embed an iFrame in your tweets on x.com, enabling people to view them without needing to leave the platform. This feature will let me share Blubbernotes.com without being penalized by the x.com algorithm for sharing external links.
🔐 SegMint - Security Best Practice
Read SegMint’s note published today on TAP into Better Security with SegMint.io.
This note explores social media personality, PUNK6529’s TAP approach to securing your private key and valuable digital assets while bridging TAP with SegMint’s innovative solution—SegMint Multi-sig safes. *Please note that Punk6529 is a not affiliated with SegMint or VanEck.
🥽 Portals State of the Union
I'm drawn to projects that offer substantial utility through their NFT ownership, and Portals is at the forefront in this aspect.
Reminder on Portals - Portals is a multiplayer world-building platform that allows users to create, share, and discover endless open worlds, all powered by imagination. Users can embark on quests, earn Portals Credits, and obtain unique item packs to customize their space within the Portals universe. The platform's standout feature is its ease of inviting friends via a simple space link, all accessible through a browser without the need for any downloads.
Alpha from the Portal’s SOTU:
Portals NFT holders are set to receive loot boxes, land that generates resources, and Portals Credits. Further details are anticipated with the release of their whitepaper 1.0, due in a week.
The platform is preparing to support the upcoming Apple Vision Pro.
They are enhancing their AI-enabled NPCs to support over 20 languages.
There will be airdrops and new methods for monetizing portal spaces. For instance, during the State of the Union address, users had the opportunity to buy tickets and participate in a timed obstacle course to win prizes. This is just a start in exploring the various ways NFT holders can gain value from their Portals NFTs.
Overall, Portals is shaping up to be an innovative platform offering a multitude of ways for NFT holders to engage with and benefit from their digital assets.
🛠 Featured Web3 Tool: CoinTool.App
If you manage a Web3 community or project, then it’s time you learned about CoinTool.App. This free app provides very useful NFT tools, including NFT batch sending, batch aggregation, and more.
Consider the following ways you can use CoinTool.app for your project:
Create whitelists from owners of assets in certain communities - Perhaps you want to include holders of specific collections in an upcoming mint or claim.
Use the Holder Scan tool to plug in the collections smart contract address, and get a list of all addresses holding the applicable collections.
Create an Airdrop on over 6 chains. Get the addresses you want from the Holder scan tool and upload that list to the airdrop creator.
Give you or someone you know some laser eyes:
Authored by Matt Bartlett, CAIA. Follow Matt on x.com @MattBartlettVE
NOT INVESTMENT ADVICE
Please note the author has invested in all NFT projects and Cryptocurrencies mentioned within this article. The Author own assets created by the Futureverse team and ecosystem.
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 necessariy 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.