Whale Pods
Dear Future Whales,
In today's note, I'll highlight the most intriguing Web3 podcasts worth exploring for your educational pleasure. There's also some news about an innovative AI music tool, and for those who might not be aware, it appears the Ordinals market is experiencing a decline, and I have some statistics to share.
Let’s dive in!
Summary:
Best Podcasts of the Week
More listening pleasure with JEN-1
Are Ordinals GMI?
☕ Podcasts to Review
Web3 Breakdowns with Luca Netz: Building a Powerful NFT Brand covered a lot of ground, including how he spent $2.5M to buy the Pudgy Penguins NFT project and where he and the team plan to take it from here.
Whale Management - I particularly appreciated the thought given to "concierge services for Project Whales." Essentially, how do you keep the whales who own your collection happy? This, in turn, creates a better experience for the rest.
(00:30:38) - Listen to his whale management thesis.
The Post-Token Future: Exploring Web3 Governance with David Phelps @ Jokerace - If you're interested in DAOs and improving governance, I recommend starting to listen to the podcast at minute 10:00, where they kick off discussing the state of the union of governance.
Jump to minute 19:00 to learn about the Jokerace contest and how this concept could provide a better way to participate in the governance process.
Source: jokerace.xyz
🎵 For Your Listening Pleasure: JEN-1
While on the topic of things to listen to, Futureverse just dropped a whitepaper on JEN-1 Music AI! This innovation comes from the same team behind Altered State Machine which has created a decentralized protocol for creating ownership of AI agents via an NFT.
Source: Twitter Are you thinking that this is just another AI music tool for Text-to-Music generation?
Futureverse’s JEN-1 includes text-guided music generation, music inpainting, and continuation. You can actually hear the difference by checking out this link.
🟧 Are Ordinals GMI?
Recent Sales volume appears to be tanking for the recent hot Ordinal market.
Source: https://twitter.com/waleswoosh Comments on twitter for reasons why include:
The lack of robust infrastructure and user-friendly tools has held Ordinals back from their true potential. Accessibility matters!
Even for those well-versed in the space, the learning curve can be steep. It's important to make this technology more approachable for newcomers.
The prevalence of 'Pump & Dump' schemes in these early days persists similar to past cycles with other chains and projects.
According to Wale.swoosh, we should have recognized the top.👇
Source: Twitter So will Ordinals going to make it?
My take: It’s too early to tell, but since 2016, I’ve heard a lot of similar complaints about NFTs on other chains, such as Polygon and Solana. There will be use cases for Ordinals, but perhaps the best ones haven’t been discovered yet. My best guess is that they still have legs.
Authored by Matt Bartlett, CAIA. Follow Matt on Twitter @MattBartlettVE
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