hey welcome back everybody to altcoin daily avalanche picking up major momentum making
major partnerships working with major people and have major upgrades coming up so much has
been revealed at avalanche summit in barcelona in today's video i want to update you i want to put
these upgrades and integrations on your radar i want to take you through some of the top stories
of the day this is information that you need to know about so much is happening in this space
and in today's video i'm going to take you through it hey before we get into it i do want to put two
different events on your radar hope to see you at both of these on the west coast and the east coast
on the west coast as part of nftla monday march 28th 5 p.m till 7 p.m actually 5 p.m till question
mark will be part of a panel will be part of a meet-up i'm going to leave a link to this event in
the description if you're in the la area tomorrow and want to be a part of this cool panel if you're
already planning to go to nftla i'll put a link to this in the description hope to see you there and
then number two get your tickets to bitcoinmiami 2022 use altcoin daily code 10 off ticket prices
increase in five days now is the time to get your ticket use altcoin daily 10 off now is the time to
get your ticket do it before prices increase just like always guys make sure you subscribe to the
channel one video every day keeping you informed that's what we do here let's talk about avalanche
three major pieces of news for avalanche three major catalysts for avax number one has to do
with a 100 million dollar web three culture fund number two has to do with a major partnership with
grimes making children's content with avalanche number three this one's the one i'm most excited
for a major upgrade coming to avalanches network let's start here if you appreciate us coming at
you on a daily basis hit the like button the news is this avalanche foundation and nft platform open
launch a 100 million dollar web 3 culture fund they're calling it culture catalyst avalanche is
the beneficiary of a major investment initiative called culture catalyst a 100 million investment
initiative designed to influence the direction of arts and entertainment within web 3. culture
catalyst has launched in collaboration with open a non-fungible token platform for community building
to go even further canadian musician grimes reveals at avalanche summit her intergalactic
children's metaverse book this is pretty cool the details at the avalanche summit in barcelona the
canadian musician and record producer grimes announced she plans to launch an intergalactic
children's metaverse book this is part of the 100 million dollar initiative started
by the avalanche foundation and the non-fungible token launch launchpad open grimes partners with
open to launch a series of educational art for babies and small children on avalanche
so obviously avalanches culture catalyst the 100 million dollar investment initiative designed to
bring some culture arts and entertainment into web 3 specifically avalanche ecosystem
that's really exciting obviously grimes getting involved with avalanche that's really exciting
what i'm most excited for and i think this will be the greatest catalyst for avax
is subnets avalanches avax seeing a boost from subnet chatter people are talking about the price
people are talking about announcements but what a lot of people are talking about is all about the
subnets now besides the 100 million dollar culture fund avalanche recently announced a 290 million
development fund meant explicitly for scaling the avalanche network we're talking about subnets what
exactly are subnets and why are they important in very broad strokes subnets are like a white
label solution for organizations or developers to build and deploy customized block chains
these blockchains could be specific to d5 or nfts but could also be made to the public or closed to
a set of verified users the advantage of creating application specific networks means that these
networks can be optimized for the exact needs of the network's objective minting a new nft is
less expensive for instance than jumping into the latest multi-step yield farm in d5 and thus could
be optimized accordingly this also means that these activities are siloed from one another
helping to keep fees low across the board entire crypto networks like solana like ethereum where
even bitcoin could technically be ported over to a subnet on avalanche 2. these subnets can also
launch their own tokens rather than using the amax token this is hugely exciting for avax holders
avalanche builders everybody involved in the avax ecosystem combined with the culture catalyst
combined with all the news that's coming out of barcelona for their summit big things are on the
way for avax now with subnets they're not live yet again we're looking forward to this this will be
a major milestone and upgrade they still face criticism however it seems really cool but some
people call them glorified side chains with some fancy marketing so ultimately you'll have to make
your own decisions do your own research let me know what you think about avax in the comments
below are you bullish on avax are you bearish on avex let us know let's get in to some other
really cool news cool cat nft ethereum project signs with caa for media licensing push so
these are cool cats very popular pfp generative ethereum nft collection and obviously signing with
caa it's huge the details are as follows in some context following the lead of projects
like bordeaux yacht club crypto punks world of women the creator of ethereum nft project cool
cats have signed major representation as they explore ways to expand the brand into other
industries the cool cat makers have signed with creative artist agency caa they're one of the top
agencies in the world in hollywood they signed with them to explore potential
licensing and merchandising opportunities including things like animated content brand
deals publishing and events i mean if there's one agency who can get this done it's caa perhaps many
actors and celebrities on caa's roster will be buying cool cats we'll see maybe something like
board apes either way it's exciting to see nft projects set precedence make major partnerships
and do big things like this we're watching history in the making speaking of celebrities owning nfts
do you realize how many huge celebrities own board ape yacht club nfts the biggest celebrities
in the world do more than i could even include on this tweet but just to refresh your memory
celebrities who own board api club nfts let me know who your favorite is eminem jimmy fallon
madonna paris hilton mark cuban steph curry post malone snoop dogg shack steve aoki ksi dj khaled
fucha timbaland logan paul meek mills serena williams gweneth paltrow justin bieber aubusy
osborne colin kaepernick it is so cool to be at the forefront of a cultural shift like this and
obviously there's only 10 000 board apes if nft collections like this are to be successful more
than one has to succeed and that's why we have the punks the world of women the crypto chicks
whatever it is the cool cats it's amazing to be at the forefront of this people are going to blink
wake up one day and realize the revolution has happened we're in web 3. crypto's here crypto's
normal it is the new normal i'm rambling let's continue with the news luna foundation's bitcoin
reserve wallet now holds 1.1 billion in bitcoin luna is buying up billions of dollars in bitcoin
a crypto altcoin company buying billions of dollars in bitcoin and bitcoin's price whoo
it is pushing up there 55 almost 56 000 breaking out of this resistance great to see i'm hoping for
a daily close above this orange line checking on the price of ethereum ethereum price hits 3.2 k
as anticipation builds ahead of the merge our audience is well informed on this ethereum at 3.2
k this is a great day a green day hey hopefully i see you at the meetup tomorrow or at bitcoin miami
either way guys turning into a hell of a year happy to have you on my team we are
global like crypto is global see you tomorrow guys let's start the week off strong