🌟 Welcome to This Week in Crypto! 🌟
06.10.2023
In this edition, we bring you a curated selection of the latest developments in the crypto world. Join us on a journey through three pivotal topics shaping the industry:
- Ledger’s Staff Restructuring: Navigating Market Realities
- OpenSea’s “No-Code Hub” Revolutionizes NFT Creation
- Phaver App: The Hidden Gem of SocialFi
1. Ledger’s Staff Restructuring: Navigating Market Realities
In a candid message to all employees, Ledger’s CEO, Pascal Gauthier, revealed plans for a 12% staff reduction. Despite being one of the few companies to secure capital earlier this year, Ledger cites macroeconomic challenges impacting their revenue generation. The crypto market’s current bearish phase is seen as an opportunity for introspection and growth.The crypto winter may be looking to last just a little bit longer than most people have hoped for.
2. OpenSea’s “No-Code Hub” Revolutionizes NFT Creation
OpenSea, once the leading NFT marketplace, is reclaiming its glory with a groundbreaking “no-code hub.” Artists can now create and mint tokens without third-party intervention or blockchain expertise. This move simplifies the NFT creation process and offers flexibility in blockchain selection. Explore OpenSea’s efforts to reinvigorate the NFT market amid declining trading volumes.
3. Phaver App: The Hidden Gem of SocialFi
Enter the world of Phaver, an early-stage Web 3 Social App and Ecosystem that’s been flying under the radar — until now. Phaver leverages Lens Protocol and CyberConnect to reward creators and users, fostering a meritocratic environment. With an impressive 250,000 downloads since May 2022, Phaver combines the familiarity of Web2 with the innovation of Web3. Dive into its unique features, rewards system, and investment opportunities.
Conclusion:
As we navigate the ever-evolving crypto landscape, these three stories exemplify the industry’s resilience and adaptability. Stay informed, stay engaged, and continue shaping the future of crypto with us! 🚀 #CryptoNews #NFTs #SocialFi
