Swimming Near the Outta Banks

Blubber Notes #35

Dear Future Whales,

This past weekend, voices on social media argued over the facts and openly debated the proper path for bailing out individuals and entities banking with Silicon Valley Bank. A run on this bank led to a liquidity issue, but instead of adding another take on this fluid situation, let’s stay focused on what really matters: NFTs!

Source: SegMint.io AI Art tool: Bank vault Under Ocean

Summary:

1. Airdrop Madness - Free Mints!

2. NFT Alpha: Heavy Futureverse

3. Educational Podcasts: Stable Coins Primer & SVB Overview

4. SegMint.io - Updates to platform

AirDrop Madness!

• The NCAA March Madness tournament kicks off in a few days! Join my bracket group for some free NFT fun! This bracket contest is hosted by “Own the Moment” and participants in the main event will be in the running for major prizes. The unboxing experience is quite fun and they’ve done a nice job with the onboarding process.

  

  Source: OTM

• Other Free Mints:

  • Claim a free PGA pack from Draft Kings and their Reign Makers Game.

  • Claim a free Fandom pack for the “ROAD TO ELCLÁSICO”

  

NFT Alpha: Heavy Futureverse

Don’t blame me for continuing to share updates on one of the most engaging and well-funded ecosystems in the NFT space. This massive team continues to innovate around better web3 onboarding and unique staking mechanisms that are fun! More importantly, it’s all supported by a diverse community in terms of unique wallet counts. If you missed it over the weekend, here is the big news:

• FuturePass - This web3 credential is your portal in and out of apps, Futureverse-related experiences and worlds.

  • It helps you protect your identity and data. If you hold any Futureverse assets, then create an account today. You can add or delegate additional wallets to your account to keep you safe on your web3 journey. Stay up-to-date by following the official Twitter account for the ROOT network.

• ASM (Altered State Machine) - The below will only make sense to those engaged with the ASM project:

  • The team added another use and benefit for holding and staking $ASTO. Locking $ASTO within the Cortex site allowed participants to accrue ASTO Energy. AE was previously used for mining GenII brains on the AIFA moon. Holders of AE can now participate in saving the moon by deploying AE to close the “Voidpools” opening up periodically. Participating in this exercise rewards users with $ASTO LP tokens, a mix of $ASTO and USDC! Read more about it here.

    

    Source: Twitter

  • Jadu Avas - The big news for Jadu owners is that the Multiplayer AR Beta is around the corner. If you hold one of these NFTs, then be sure to sign up and join the fun!

Educational Podcast: Primer on Stable Coins

• The recent news related to Silicon Valley Bank led to concerns that the USDC peg would break down. This podcast gives a masterclass on the basics of stable coins and came out this past Friday as news was breaking on SBV.

• If you still have no idea, the gang from the All-In Podcast does a terrific job of explaining the events from last week. The first 30 minutes will tell you what you need to know.

SegMint.io Updates - Make sure you sign up the for waitlist!!!

Updates and changes to platform during the Alpha testing phase:

✔Multi-select pick list for NFT categories when listing.

✔Listing, Buy-out, and Reserve price data is now available to all users.

✔WalletChat Integration now supports communication with fellow SegMint key holders! Haggle for better prices, make new friends, and build a community!

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.

Information provided by SegMint is not intended to be, nor should it be construed as financial, tax or legal advice. It is not a recommendation to buy or sell an interest in cryptocurrencies.

All investing is subject to risk, including the possible loss of the money you invest. As with any investment strategy, there is no guarantee that investment objectives will be met and investors may lose money. Diversification does not ensure a profit or protect against a loss in a declining market. Past performance is no guarantee of future results.

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INVESTMENT RISKS

There are risks associated with investing in securities. Investing in stocks, bonds, exchange traded funds, mutual funds, and money market funds involve risk of loss. Loss of principal is possible. Some high-risk investments may use leverage, which will accentuate gains & losses. Foreign investing involves special risks, including a greater volatility and political, economic and currency risks and differences in accounting methods. A security’s or a firm’s past investment performance is not a guarantee or predictor of future investment performance. NFTs are currently not considered a security, but in the event, they are, this newsletter will no longer continue to be distributed.

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