TRUMP Digital Collectibles Sell Out
103 🗞️ SBF Jailed, Trump makes $4.5 million, PayPal & MetaMask Integration, Web3 News, Social Audio
Happy Monday! Welcome to the penultimate volume of 2022 and our 103rd weekly newsletter merging web3 to web2. Every Monday we deliver exclusive information showcasing valuable blockchain technology trends.
Sam Bankman-Fried (SBF) has finally been arrested! We delivered “Crypto Fugitives” last Monday.
Then on Tuesday, SBF was taken into custody in the Bahamas and charged with 8 separate criminal charges. He is facing life in prison if found guilty.
We can breathe a sigh of relief as the nightmare scenario is over…one where Bankman-Fried remains free appearing on every media channel allowing him to spew outright lies and utter nonsense.
Unfortunately, speaking of misinformation and outright lies, we still have to deal with “Mr. Wonderful” aka Kevin O’Leary from the show Shark Tank. Kevin O’Leary legitimately went to Congress last week and blamed “insert everyone but SBF” for the FTX failure.
Blaming a competitor for the outright internal fraud and failures totally makes sense under one scenario. When you were paid $15 million dollars to be the fraudulent companies (FTX) ambassador…
Embarrassing….Meanwhile, the 2nd “Crypto Fugitive”: Terraform Luna’s founder Do Kwon has been free for over 4 months:
And likely in Serbia according to reports from Bloomberg:
The tumultuous and chaotic year comes to a close next week. It’s impossible to think the industry can move forward and truly push into the future until the past has been cleaned up in the present. Do Kwon remains free and on the run. A fugitive and story worth monitoring.
🇺🇸 Donald Trump Digital Collectibles
A year ago the 45th president of the United States said “I was never a fan” when asked about cryptocurrencies. This week he teased and made a “major announcement” which you can watch here.
Releasing a 45K collection of the 1st edition of “The official Donald Trump Digital Trading Card” utilizing blockchain technology. Each card costing $99.
Offering different rarities, appearances, and opportunities to connect with Trump at an event, the collection sold out quickly raising $4.5 million dollars. Volume on the secondary market has been intense with the cards now being sold for anywhere between 3 and 30x the original cost. Each secondary transaction provides the creator (Donald Trump) 10%. Needless to say….
This week Donald Trump likely became a fan of cryptocurrency.
👛 PayPal & Metamask
PayPal integrates with MetaMask: I wrote a short thread which you can click to read what this means:
🌐 News
Unstoppable Domains: Web3 domain provider to integrate with Etherscan and Polygonscan.
Susquehanna bets on decentralized sports prediction market Frontrunner.
Mazars: Auditor of Binance reserves pausing all cryptocurrency related work.
🎤 Social Audio
Our next social audio experience brings two projects and founders together.
Tuesday, December 21: 12 PM PT
This newsletter is consistently written, edited, and created by Michael Rippe. If you’d like to share your thoughts on investing early, click here.