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Hey Waivly Crew! 🌊 Gavin Newsom, the governor of California, has signed an executive order aimed at creating a regulatory framework for blockchain. Blur has announced plans to open beta access to its trader-focused NFT marketplace.

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California governor issues executive order on crypto

On Wednesday, California Governor Gavin Newsom signed an executive order to “create a transparent regulatory and business environment for Web3 companies” in the state.

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Under the order, in addition to the California Consumer Financial Protection Law passed in 2020, the state will begin the process of creating a “transparent and consistent business environment” in Web3 and the crypto space, including blockchain and financial technology firms.

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“California is a global hub of innovation, and we’re setting up the state for success with this emerging technology – spurring responsible innovation, protecting consumers, and leveraging this technology for the public good,” said Governor Newsom. “Too often government lags behind technological advancements, so we’re getting ahead of the curve on this, laying the foundation to allow for consumers and business to thrive.”

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California will also collect feedback from stakeholders to create crypto asset regulations in partnership with federal authorities, study how blockchain technology can be used for state and public institutions, and develop blockchain-related research and workforce plans for Californians.

Elon Musk invited to discuss Twitter with UK Committee

The UK’s influential Digital, Culture, Media, and Sport Committee (DCMSC) has invited Elon Musk to discuss his purchase of Twitter.

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MP Julian Knight, who chairs the cross-party parliamentary committee, wrote to Musk to extend the invitation.

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“My Committee has noted your proposed acquisition of Twitter, and we are interested in the developments you propose,” Knight writes. “In particular, your intention to roll out verification for all users echoes our calls on the U.K. Government as part of proposed legislation, which we hope will restore the U.K. public’s trust in digital platforms.”

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Musk later replied to the parliament in an email, sharing it is too early to accept the invitation, mainly due to the fact there has not yet been a shareholder vote to approve the deal.

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As shared in the letter, Musk’s plans to require users to verify their identity shares similarities to a 2020 DCMSC report about misinformation on COVID, which called “for greater transparency of bots and automated and spam accounts”

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A more recent report on the U.K.’s Online Safety Bill also “discussed ways to balance civil liberties like freedom of expression with the need to tackle pernicious, pervasive online child sexual exploitation and abuse.”

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This comes just a week after the Tesla CEO acquired Twitter for $44 billion cash last Monday when he immediately shared his plans to improve the social media platform. These plans include launching new features, making the algorithms open source to increase trust, banning all spambots, authenticating all humans, and allowing free speech on the platform.

The Waves

👀 5 NFT projects you don’t want to miss

🕺🏽 Exit Festival announces NFT collection

😅 Elon Musk trolls NFT space with Bored Ape PFP

☕ Starbucks to sell NFTs to enable experiences and perks

Hustle Special

5 quotes to help you stay dedicated

Achieving success in life isn’t easy, but it is possible. When you look at some of the most successful people, one trait they share is dedication; the ability to work through hard times and stay consistent no matter what. Here are five quotes on dedication.

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“If you believe in yourself and have dedication and pride - and never quit, you'll be a winner. The price of victory is high but so are the rewards.” - Paul Bryant.

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“We all have dreams. But in order to make dreams come into reality, it takes an awful lot of determination, dedication, self-discipline, and effort.” - Jesse Owens.

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“Talent is nothing without dedication and discipline, and dedication and discipline is a talent in itself.” - Luke Campbell.

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“Keep your dreams alive. Understand to achieve anything requires faith and belief in yourself, vision, hard work, determination, and dedication. Remember all things are possible for those who believe.” - Gail Devers.

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“Dedicate yourself to what gives your life true meaning and purpose; make a positive difference in someone’s life.” - Roy T. Bennett.

Blur opens beta access to its trader-focused NFT platform

Blur has announced plans to start opening beta access to its trader-focused NFT marketplace.

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"Monthly trading volumes for NFTs have hit billions, but existing platforms are slow and refresh-based," the company shared in a Twitter thread. "The beta lets you see listings and sales on existing marketplaces in real-time. Never refresh again." 

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The beta waitlist is currently invite-only, and "everyone who joins will be rewarded. To get on the waitlist, all you have to do is quote the thread with why you’re excited for the NFT marketplace. Ten invites will be granted to the first quotes and another ten to random quotes, so be quick if you’re interested!

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As seen in the photo above, Blur plans to make NFT trading in real-time, with lightning-fast transactions. The beta will also allow users to see their NFTs, active listings, and a P&L statement.

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"When opportunity strikes, you can act fast by bulk listing and delisting directly on Blur," the company added. "Reveals are one of the most critical periods of the NFT lifecycle. You no longer need to wait hours for metadata to refresh. Blur indexes reveals faster than anywhere else, automatically."

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In late March, Blur announced it raised $11M in seed funding led by Paradgrin to build its NFT marketplace. The round also saw participation from Egirl Capital, Keyboard Monkey, Ledgerstatus, 0xmaki, Santiago Santos, Zeneca, Deeze, and Andy (Fractional).

Own and secure your crypto with Ledger

If you’re into cryptocurrency and own crypto assets, you need a secure place to store your coins and tokens. You probably already know that you shouldn’t store your crypto on an exchange due to potential hacks, not being solely in control of your crypto’s private keys, and for other reasons, and so a hardware wallet is the way to go and the best option to protect your private keys, therefore, you should make the move to a Ledger wallet.

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Ledger wallets are an extremely secure and premium way to secure, manage, and grow your crypto assets with their Bluetooth-enabled hardware wallets, and easy-to-use app which lets you manage your portfolio on the go. They let you manage multiple assets, buy, sell, grow, and exchange crypto, gain financial freedom by you being in full control and ownership of your private keys, and so much more.

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The wallets are really simple to setup, and to move your crypto over to, so there’s no reason not to secure your assets and take control of your cryptocurrency now and get yourself a Ledger device. You can manage 1800+ coins and tokens directly in the Ledger Live app once you’ve got your device up and running, so you’ll always have your entire portfolio covered.

Share The Wave

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*Waivly+ is a premium Waivly membership. Join at anytime by clicking “Subscribe” on the Waivly website, and cancel anytime by heading to your account on Waivly.

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