Launchpool | Pop Up Press | July 8th
A fast-paced news update from the Launchpool team.
NOWwhere Brings Learn2Earn Opportunities
Benefit From Learn2Earn Opportunities With NOWwhere
Learn2Earn is the process of learning something in exchange for monetary compensation. From a typical business standpoint, the most straightforward comparison would be the cost of obtaining a new consumer for your product, regardless of whether you have established an alt Layer 1, AMM Dex, DeFi protocol, or NFT marketplace.
In Web3, you can get paid to learn about a specific product. Learning benefits are often delivered in the local currency, token, or NFT of the ecosystem being studied. This gives a direct monetary incentive for users to invest in a project and assists teams in cutting through the noise of the abundance of other crypto initiatives vying for your attention.
The Learn2Earn application on NOWwhere is unique in that it allows artists to incentivize the platform's community of art fans to learn about the backstory of their drops. Users are rewarded for rating art on the platform, with ratings and prizes weighted depending on prior learnings. After that, rewards can be cashed out in an exclusive in-app currency, which grants access to NFT purchases, metaverse items, and secondary markets for digital asset resales. NOWwhere is now a part of the Launchpool Labs incubator, with a stable online version already available.
Learn More Here
Hints, Tips, Tools And FYIs: Cowswap – Beating the Bots
Beware And Take Maximum Advantage!
Front-running bots on AMMs, like PancakeSwap can take a bite out of your wallet. The bot sees the transaction waiting in the mempool, making a quick transaction before yours, and pocketing a small difference.
You can see this happening on every coin. You can avoid this by using CowSwap, it hides your trades from the mempool, so the bots can't see them. We aren’t affiliated with CowSwap, but members of the team use it, so you can check it out yourself if you’d like.
🗞️ In other Crypto news….. 📰
TON’s $90M Fund, Cardano Ledger & iOS Devices, and Elon’s $44 billion Twitter Lawsuit
🤑 TON’s $90M Fund 💰
TON is a proof-of-stake blockchain that was launched by Telegram in 2017, but eventually shut down by the messaging service in August 2020 after the Securities and Exchange Commission (SEC) filed a lawsuit alleging that it had conducted an unregistered securities transaction.
The TON Foundation's stewards have established a new $90 million ecosystem fund, continuing their recent efforts to restart the Telegram-founded blockchain project. Through advising services and financial backing, the fund hopes to develop new enterprises on TON and promote its use as a layer 1, or basic blockchain.
📱 Cardano, Ledger & iOS Devices 📱
Cardano (ADA) Ledger accounts are now available on iOS mobile phones, according to this recent Tweet. The Ledger team previously claimed that work on adding iOS compatibility was ongoing, while it announced support for Cardano (ADA) on Android mobile phones, both for the Ledger and Ledger Live platforms.
😯 Elon’s $44 billion Twitter Lawsuit 😯
Elon Musk initially agreed to buy the crypto-friendly social networking platform Twitter for $54.20 per share in cash, or approximately $44 billion. Twitter's Board of Directors agreed, voting unanimously in support of the deal which would have return the firm to private ownership. In an unexpected change of events, Tesla CEO Elon Musk revealed his decision to terminate the $44 billion Twitter transaction.
According to Musk, this is due to Twitter's “lack of information” regarding spam and fake accounts. In the letter, which was sent by Musk to Twitter's chief legal officer Vijaya Gadde; since Twitter "appears to have made false and misleading claims," the deal is off. Twitter has vowed to take Musk’s decision to court. Stay tuned as we continue to bring you more updates.
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