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How to Potentially Waste $3.3 Million and 6 New Web3 Jobs to get hired in a few days!

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Highlights of the NewsletterHow to Potentially Waste $3.3 Million6 New Web3 Jobs to get hired in a few days!Web 2.5?The Bear Market could last 8 MONTHS!

First off, What are the Top News in the Web3 Space

How to potentially waste $3.3 million

Nick Tomaino who runs a crypto investment fund just bought a crypto punk (#4156) for $3.3 million dollars, According to nick his reaseans are;

NFTs remove the gatekeepers and give true ownership to creators & consumers. Cryptopunks are the holy grail NFT PFP NFT collections are their own digital nation-states Punk 4156 already has a strong brand thanks to the founder of Nouns (Punk4156) and also 4165 is the only Ape Punk (looks like an Ape)

Our Take: we are not bullish on this move, all his reasons make sense but how do they all tie to Punks or even his specific Punk? Also this is an Investment, since its a fund they look for multiples in ROI, so this Punk will have to sell for a ball park $10 million to be considered a good investment

The Bear Market could last 8 MONTHS!

The Bear Market could last 8 MONTHS!

A new research by Grayscale Investments suggests that the bear market could last 8 Months. The bear market has affected everyone on web3 both Investors and Job seekers. The thought of it lasting another 8 months is something to really brace up for impact! “We may see another 250 days of high-value buying opportunities when compared to previous cycles,” Grayscale researchers said this week

Our Take: Bear market or not we keep on building!

Who is Hiring?

What is Web 2.5 & how is it different from Web3?

A thread by Momentum_6