hey welcome back everybody to altcoin daily take two seconds smash the like button we come at
you on a daily basis news perspective opinion top projects in the space top coins making news we put
these projects on your radar keep you informed it is my opinion that projects like ethereum
projects like solana projects like matic medis i am max talking about quality l1s and quality
l2s i'm talking about projects that have real activity going on on the protocol
these cryptocurrency projects are going to be explosive this year why do i say that
it is because the amount of activity we are seeing in the nft space the defy space
just continues to go parabolic over one million users have made at least one transaction on openc
nfts are not a fad they are here to stay i'm curious if people in our audience are into
flipping or holding nfts obviously you know it's hard to evaluate some of these projects you know
what i think nft collectors look for in crypto art versus what actually sells out on the marketplace
but what i want to convey to you today because we're going to go over the latest news and
there's a lot of big news today is that these protocols these companies are just upgrading and
building like crazy for instance nft marketplace open c buys ethereum wallet maker dharma labs
what is the takeaway well this acquisition will help the marketplace grow in 2022 and
improve the technical reliability of its products which are currently prone to outages and with
over 1 million users now having made at least one transaction i mean you can see this is only going
to get bigger now i was actually part of an nft spaces last night and i got gifted this society
of derivative ape custom nft pretty cool i think this is pretty cool the bigger picture here is
that i don't think you all appreciate how much of a mad house nfts are right now look at this look
at this and the crazy thing is the entire sector could 10x from here and still be a blip compared
to the rest of the industry nfts are just a 12 billion dollar industry right now total crypto
market is 2 trillion i would bet a lot of our audience hasn't even made you know a transaction
on opencv have yet to buy an nft not that you have to i'm just saying i think this is only getting
bigger now of course anything could happen i'm of the opinion that this is going to get much bigger
but many people are saying this is the top get out and i just want to put this into perspective for
you last year at this time in 2021 many people are saying this is the top for nfts many people saying
this is the top for nfts all the times that nft critics were saying this is the top and eventually
it will top and the market goes and ebbs and flows bull markets bear markets that happens in
traditional collectibles as well you know baseball cards but when i see stuff like this i know that
this is only getting bigger and cryptocurrency protocols that are directly integrated like the
base layer of this i think are going to do well coinbase nft marketplace which has yet to launch
will support mastercard payments coinbase has partnered with mastercard in a bid to usher
in mass nft adoption so what you can buy jpegs with mastercard who cares i think this is a big
deal because they're addressing the pain points of purchasing nfts we're literally seeing the
infrastructure and building get built up before our eyes and some people are saying it's a fad
it's a fat it's a fad this is how adoption happens you're going to wake up one day and realize that
nfts are just a part of life multiple friends own nfts whether it's play to earn nfts through gaming
whether it's you know profile picture nfts which is like the board apes or the crypto punks i think
this is a pfp nft i'm just putting this stuff on your radar my friends i think it's going to get a
whole lot bigger for instance michael jordan and multi-coin back solana nft firm metaplex in a 46
million dollar round money continues to flow in the protocol that powers millions of solana
nfts finds prominent backers as it looks towards the metaverse and beyond puma you guys know puma
filed several trademarks to join the metaverse and sell their own virtual clothing line so
adidas and nike and puma and the gap it just keeps growing time magazine time magazine has integrated
cryptocurrency wallets you can go to their website and connect your metamask to this this is crazy
and even the l2s continue to just build they're onboarding users like crazy and they're continuing
to try and upgrade and get better polygon matic activates eip-1559 like very similar to what we
saw with ethereum eip1559 on polygon is estimated to burn point 27 percent of the medic supply every
year and this is why i say in my opinion this is only my opinion not financial advice i think
quality l2s matic meatus what else you know let me know in the comments and even l ones where
this is happening ethereum solana cardano maybe cardano now smart contract capable launching their
decks very soon i think you know this space has i think we're gonna see another leg up
in other news hugely bullish for bitcoin intel set to reveal energy efficient bitcoin mining
chip tech giant intel is releasing a new ultra low voltage bitcoin mining chip starting with a reveal
at an industry conference next month really good for bitcoin really good for green energy bitcoin
really good for the bitcoin narrative so people understand that bitcoin you know incentivizes
clean energy in other news thor chain introduces dogecoin support before we get to that my question
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thor chain introduces dogecoin support great to see this happening with thor chain this
is probably pretty good for dogecoin binance continues to be the leader in exchange coins
in the industry and binance burns 792 million in bnb it's probably great if you hold b b
taking a supply off the market the token burn reduced the binance coin supply by 1.68 million
b b and in other news speaking of cardano they do have their decks launching very soon and they are
pushing out their plans to scale in 2022 and cardano is doing very well let me know
what you think in the comments below i hope this video provided you with
value info perspective you know this is what's going on in the world of cryptocurrency my friends
and we're at the forefront of this i hope you're taking advantage you can only really be early
for a short amount of time the internet boom the tech boom of the late 90s that's over you
can't capitalize on that anymore but we're at the forefront of this and it's really exciting
smash the like button if you got value subscribe to the channel if you're new see you tomorrow