Hello Fellow Hodlers,
With Bitcoin breaking $50k and Ethereum hitting $2k, I thought I would let my fellow crypto investors in if they have not already found this wonderful platform already. Before I go any further, I am not a financial advisor and I do not give financial advice.
Just recently, ser Elon has invested in BTC and now accepts payments in kind. Anyone with half a brain should be checking out cryptocurrencies, let alone learning what a bitcoin is. For those who have been in it since the beginning — or close to it — reading countless white papers, investing in shitcoins, and fucking around memecoins, know that crypto is one of the easiest ways for the younger generations to get rich, quick.
Shall I provide an example for you? Google cryptopunks, and scope one of their highest sale prices for one of their NFTs. Had enough? Scope Beeple on Nifty. I think I saw something sell for $69 million.
Millions of dollars are being spent on NFTs and we are just hitting the tip of the NFT iceberg. NFTs are not just limited to visual artist, DJs like deadmau5, RAC, and others have taken the leap into the NFT world releasing limit runs. Also, the NFL has started to release their own limited run of NFTs — I tried to get one of their NFT and had to wait in line with 40k other people. More than a Coachella ticket waitlist. Which leads me to Decentraland (MANA).
Backed by the Ethereum blockchain, Decentraland aims to create a world that is owned by its users where you can buy, sell, and trade with other users. Decentraland has a limited amount of LAND that users can purchase and build whatever they see fit.
One LAND owner who goes by the name baus, has taken monetizing this platform to the next level by building the world’s first virtual casino in the meta-verse. Decentral Games ($DG) built their first casino, Chateau Satoshi, in honor of Mr. Satoshi paying it respects to the brilliant mastermind behind BTC. Decentral Games went live with slots, roulette, and blackjack allowing users to gamble with MANA or DAI (a stable coin). Thanks to their partnership Metamask, users do not have to pay continuous gas fees for every hand, roll, or spin that they play. The best part about this virtual casino? You mine $DG when you gamble. That’s right, in a sense, you can get “paid” to gamble.
Decentral Games also hosts weekly events featuring live NFT art auctions, casino nights where they give away up to $3k(USD) in prizes to user. You can check out their newsletter at decentral.gameshttps://decentralgames.substack.com/. If you are an aspiring artist and want to have your work auctioned off to gain exposure, slide them a DM at decentral.games/discord.
When $DG ICOed back in December of 2020, market price was $30(USD). Taking a look at the charts now, we see a market price of ~$360, without Binance or Coinbase exposure. With MANA hitting a $1 as of today, it feels like we are very early to the world of Decentraland and Decentral Games. I hope to see you all there in the future.
When I say we are just hitting the tip of the iceberg, I mean it folks. $DG to the moon.
