Good morning and welcome to another Friday Inspiration! Hope everyone had a great week! Taylor and I are in the mountains this weekend on vacation and it is quite glorious to have a little bit of rest. This week I have some exciting and interesting crypto news, plus some pretty cool writing news. Hope y’all enjoy it!
Announcing The Octane Fund: $50 Million to Fuel the Decentralized Social Ecosystem
https://www.deso.org/blog/a-50-million-fund-to-fuel-the-decentralized-social-developer-ecosystem
Ok, so remember the last time I mentioned BitClout? And I told y’all that the creator revealed himself and BitClout has gone through a slight rebranding to DESO. To sum it up again: basically, BitClout is a social media like Twitter built on top of the DESO blockchain.
The cool news this week is that an investment company called Octane is now offering $50 million to developers that want to build on top of the DESO blockchain! This is so cool and only going to further increase the popularity of BitClout and other social media platforms.
In the 2010s if you had an idea for a new social media, you had to go through rounds of funding and prove you could get a user base. In the 2020s you can just go build it on DESO and already have access to thousands of users plus funding too!
Publishing on Mirror is Now Open to All
https://dev.mirror.xyz/valptw8S9eZ1cvzX-JCGga2N_W2hXyurSYbOlNFj4OQ
Mirror.xyz is a pretty neat platform I’ve been hearing about for a while. It’s essentially a decentralized writing platform with a ton of features baked in. There is an ability to crowdfund writing projects like a new book, starting paid subscriptions, or just posting free content. All decentralized.
Until now, access to Mirror has been given based on a weekly competition. The winner of the competition was based on the previous winners’ votes pretty much.
However, now the people on Mirror have decided to open it up to everyone! I’m excited to check them out and see what all features they have. I’ll keep y’all updated!
Now get your paycheck deposited into Coinbase
https://blog.coinbase.com/now-get-your-paycheck-deposited-into-coinbase-116fe1d073ce
This was pretty neat to see. Tay and I haven’t done this, but it’s still cool that Coinbase is now offering a way to direct deposit into their app. This also means you can set up a portion of your income to be turned into any crypto of your choice! Plus, Coinbase has a debit card where you can spend your crypto and get up to 4% cashback! Coinbase is doing some really cool things in the crypto space and I’m definitely going to stay up to date with them.
Crypto prices skyrocket after El Salvador begins harvesting volcano power to mine for Bitcoin
https://finance.yahoo.com/news/crypto-prices-skyrocket-el-salvador-160800326.html
I honestly can’t remember if I posted an article about El Salvador before or not. If I didn’t, the big news is that El Salvador has officially declared Bitcoin as one of its legal tenders. They are the first country to do this, but definitely not the last.
The new news is that in their effort to go all-in on Bitcoin, they are now tapping into mining Bitcoin with the power of volcanic energy! I have never heard of this before; that’s wild! I’m excited to see how this goes in the long run, but also just as excited to see more countries take on Bitcoin. The world ahead is very exciting!
That’s it, y’all! Hope everyone has a great weekend! We’re going to go chill in the hot tub now haha!