welcome to another edition of crypto buzz by kalkine tv this is sage it was a bold move by
an australian newspaper sydney morning herald to turn the cover of the weekend edition of spectrum
magazine into an nft a non-fungible token could they be entering the mainstream i wonder well
the video artwork by the huxley's was created as a special edition one-off and it was an homage
to a drag performance artist known as hibiscus and shows two characters dressed in full acid
drag costumes dancing unfortunately hibiscus who was part of the performance troupe the cocketts
lost his life sadly to the hiv and aids pandemic in the early 1980s and the nft was available for
purchase by scanning a qr code on the sydney morning herald's instagram account just by
following the link in the bio and it seems that the bear market territory can be treacherous for
businesses especially when their business model is not strong most cryptos are still down from
their all-time highs by 70 to 80 percent and although the past week did see some recovery
for polygonsmatic being up about 40 in the last five days amidst the market sell-off with crypto
firms announcing job losses and defaults on loans there's still hope for the sector as
more use cases grow web 3.0 is an exciting space for most developers as the idea of the metaverse
is taking flight people are seeing the benefits of giving the owners of power back to the creators
of user generated content through web 3.0 something that web 2 or social media was
failing to do swimmer leading web 3 solutions protocol announced its collaboration with
award-winning digital media producer under known based in canada their award-winning video series
what if has gained billions of views worldwide and through the collaboration swim and under
known will add to the diaspora of watch-to-earn platforms this is exciting as it introduces a
new funding model for artists users of the new swim under known collaboration will be rewarded
by answering quizzes following and watching videos that are informative covering topics
such as science food survival hypothetical mind-bending scenarios and more if that's
not learn to earn i don't know what is and to interact with this innovative decentralized
educational and entertainment web-based platform users will need to connect their metamask wallets
under known has a fan base of more than 120 million monthly active users and is one of the
first digital media companies that specializes in creating short form web series for social
video platforms their mission is to make learning fun and engaging by melding with swim and crypto
that supports the creator economy they're adding an extra element of reward to their
already advantages platform and swim supports user generated content with its environmentally
friendly blockchain infrastructure swim's ecosystem enables brands to make the switch from
web to the world of social media onto web3 it's flexible being chained agnostic as well
and have we got something in store for you swim will be appearing on calkine media's expert talks
show soon to talk smart tokenomics smart contracts and community building as well as to share
insights into crosstrain integrations that provide real-world utility and they're headquartered
in the entertainment apex of the world hollywood california just another reason to please stay
tuned to calkin media you know where it's at so as more social media platforms are entering the web3
world with instagram making nfts with polygon people being able to send crypto using their
twitter handles through change finance as well as meta inks facebook entering the metaverse there is
scope for a more democratized platform for user generated content and unknown's videos are watched
at present on snapchat and tiktok facebook and youtube their work is award-winning having won
many prestigious accolades including a shorty award in 2021 a telly award in 2022 and two
webby awards both in 2020 and 2022. not even a pandemic can keep under known down you can
send in your ideas to under known and if they produce the video you can gain a credit on it too
very inspiring so get involved now in other news before we wind up hive crypto is up close to 55
today according to coingecko the crypto is a hard fork of the steam blockchain and hive were
among the first crypto miners to gain access to intel's new second generation super speed mining
chips especially suited to bitcoin mining and according to a report from coindesk hives mined
273.4 bitcoin in may which is higher than its april tally by 2 they also mined a significant
amount more of ethereum being 2694 each which exceeded their april balance by 6.2 percent
over the last 30 days hive is up 32 and over the last one year hive is up 171.3
that's all we've got for you for this week's edition of crypto buzz
hope you found it informative but please remember the digital assets are a very
volatile space and i'm not sure if the crypto markets found the bottom yet
so please use careful due diligence when you are thinking of entering into the crypto market
today's report is not financial advice and it is for informational purposes only
keep watching kalkine media for more market insights and expert talks sage signing off for now