π¦ Elon Musk says Twitter will integrate crypto payments
Revealed during a meeting with employees
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Hey Waivly Crew!Β π Immutable has launched a $500 million venture fund focused on Web 3 games and NFT projects. A new WhatsApp update lets users mute individual people during a group call.
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Want more from us at Waivly? Join Waivly+, the premium Waivly membership with exclusive content, resources, giveaways, events, and so much more, all blended together into one super low-cost and quick to join subscription π Head over to our website and hit βSubscribeβ to get onboard!
Elon Musk hints at crypto plans during Twitter meeting
After securing a $44 billion deal to acquire Twitter in April, billionaire Elon Musk met with employees virtually on Thursday to discuss how crypto could be used on the social media platform.
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According to a transcript of the meeting shared by Recode, Musk explained that news, entertainment, and payments are like three critical areas. To that extent, he wants to focus on making Twitter "so compelling that you canβt live without it and that everyone wants to use it."
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The Tesla CEO went on to explain how crypto could be used on the platform: "Money is fundamentally digital at this point,"Β he said. "it would make sense to integrate payments into Twitter so that itβs easy to send money back and forth," adding that such plans would include "currency as well as crypto."
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Musk also hopes to eliminate crypto scams on the platform. βThere [are] quite a lot of crypto scams on Twitter,β he said. βItβs gotten better, but thereβs still a fair bit of that.β To fix this problem, he proposed to make Twitter's algorithm open source so that users can "critique it, improve it, identify bugs, potentially, or bias."
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Earlier this year, Twitter accepted Muskβs $44 billion offer to acquire and privatize the company. However, he later threatened to abandon the deal unless the company provided him with data that shows less than 5% of its accounts are fake. Twitterβs board plan to comply with Muskβs demands, according to the Washington Post.
Immutable launches $500M fund for Web3 games
Web3 gaming firm Immutable has launched an inaugural $500M developer and venture investment fund.
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The fund will aim to accelerate the growth of its layer-2 scaling solution on Ethereum, Immutable X, by allocating token grants and investments to Web3 games and NFT-focused projects building on the platform.
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βWe see gaming being one of the biggest opportunities in web3 to have ever existed,β Immutable President Robbie Ferguson told TechCrunch. βThe total addressable market is going to be enormous and much bigger than what gaming is today β a $100B industry for in-game items alone.β
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Immutable's fund will also collaborate with other Web3 gaming and NFT-focused investors, including BITKRAFT,Β Animoca Brands, Arrington Capital, Double Peak, AirTree, King River Capital, and GameStop, as well as leading strategic gaming publishers, for additional investment opportunities.
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In March, Immutable closed a $200 million Series C funding round led by Singaporean state-owned investment firm Temasek. Immutable Ventures has already made several investments in Web3 companies and NFT startups, including Starkware, Stardust, PlanetQuest, and Topology.
The Waves
ποΈ Meta to launch digital fashion store
π€ FTX agrees to acquire crypto exchange Bitvo
π 5 unique NFT projects to keep an eye on
π Do Kwon & Terraform Labs sued for misleading investors
NFT Special
Arquiaz is a Mexican architect, digital creator, builder, and educator. The main focus of their design and fabrication techniques centres around programming and creative coding.
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Sanuri Zulkefli is a traditional artist based in Malaysia. His artwork is focused on storytelling. In one image, you can see many things related to each other, which can create a story. Some art begins with the story, while others evolve parallel with the drawing.
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With her art, Dani Munoz seeks to give positive vibes to the world, especially inspired by the trees and nature that surround me in my country, Costa Rica. For Dani, art is a powerful tool to heal herself and all those around her.
WhatsApp rolls out new feature for group calls
The messaging platform, WhatsApp, has recentlyΒ announcedΒ that they are rolling out new features for group calls.
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One of the new features that WhatsApp added is the mute feature which allows all participants in a group call to mute specific people, unlike other conferencing apps like Zoom, where only the host could mute participants.
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The new feature enables WhatsApp users to have more control when participating in a large group call. Besides adding the mute feature, users will now be able to send messages to specific individuals in a group call.
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WhatsApp is also rolling out new options for users toΒ control their privacy settings. Users will now be able to choose which contacts can see their profile photo, about section, as well as the userβs last seen status. A userβs last seen status is when they were last active on the messaging platform. The rollout of WhatsAppβs new privacy option will allow users to keep their profiles private from anyone who they do not want to have access to their information.
Own and secure your crypto with Ledger
If youβre into cryptocurrency and own crypto assets, you need a secure place to store your coins and tokens. You probably already know that you shouldnβt store your crypto on an exchange due to potential hacks, not being solely in control of your cryptoβs 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 thereβs 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 youβve got your device up and running, so youβll always have your entire portfolio covered.
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*Waivly+ is a premium Waivly membership. Join at anytime by clicking βSubscribeβ on the Waivly website, and cancel anytime by heading to your account on Waivly.
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