Hey, it’s Marc. Welcome to my weekly, obsessively curated field notes on crypto & Web3 to help you filter out the noise. ✌️

⏱️ Reading time: 4 min

Be inspired✨

β€œThe future of brand marketing is world-building. Modern brand stories are vibrations that become strong enough for the culture to hear.” β€” Ana Andjelic

πŸ“š Top 4 Reads

  • The Glory of Storytelling. By Link

  • The Evolution of Non-Fungible Tokens. By WEF. Link

  • Real World Assets. By Bitcoin Suisse. Link

  • Accenture Life Trends 2024. Link

🚨 Top Stories That Caught My Eye

✨ Web3 + NFTs

Vogue or vague? πŸ‘—

  • Macy’s launched its new digital fashion platform, mstylelab, using Journee’s tech platform. This isn’t blockchain based. Link

  • Maison Margiela, the French fashion house, launched its inaugural Web3 minting experience. Link

Meeting users where they are: Macy’s experience is stunningly designed, but the user journey is still too complex for the average consumer and the fun factor is limited. For Margiela's mint, the minute-long wait by a timer, hoping to get lucky, seems hardly worth the rewardβ€”yet.

The bet on virtual. Brands like Dyson, Alo Yoga, Armani, Ralph Lauren, and others, have built their own immersive shopping stores. Meanwhile, top platforms among next-gen consumer are Roblox, Fortnite, Minecraft and Sims.

Punchline: Virtual engagement shouldn’t reward unnatural behaviors, but instead meet people where they are. For next-gen consumer worlds, brands need to infuse their experiences with community, content, and utility.

More from Web3:

  • Mastercard teams up with crypto payment firm MoonPay to create Web3-based experiences. Link

🌎 Crypto & Macro

Lightning strikes: All eyes on Bitcoin⚑️

  • Rumors about an upcoming Bitcoin ETF are firming, with BlackRock’s spot Bitcoin ETF listed on Nasdaq’s trade clearing firm. Link

  • This week, Lightning Labs released "Taproot Assets," introducing stablecoins to Bitcoin. Link

Strong fundamentals. Bitcoin dominance has risen to 51.47% – the highest since the second quarter of 2021. Bitcoin mining difficulty, indicating network security, is at an all-time high.

Punchline: Bitcoin remains the darling among institutional investors. With the upcoming halving, solid fundamentals, technological progress, and an expected spot ETF, the stars are (again) aligning for Bitcoin.

Blockchains: Next-gen payment infrastructure? 🌎

  • Deutsche Bank and Standard Chartered Ventures performed the first stablecoin swap between USDC and EURS on a permissioned blockchain. Link

  • JPMorgan now handles $1bn in daily global blockchain-based wholesale payments for institutional clients.

A protocol for money. Start-ups like Noah, Lightspark and Strike are building cheap, global payment rails with real-time settlement on Bitcoin Lightning1, which has grown by over 1200% in the last 2 years.

Zooming out: Using blockchains as universal settlement layers for monetary and physical assets (aka. β€œreal world assets” (RWAs)) dovetails with the vision of a fully digitized, β€œcomputable” economy.

More from Crypto:

  • Polygon deploys new POL token contracts on Ethereum, planned to replace MATIC. Link

Contribute to Dematerialzd. Are you a researcher or writer looking to break through at the intersection of Web3 and brands? If so, let’s talkβ†’

πŸ’° Money Moves

  • Blockaid: Web3 security startup, raises $33m backed by Sequoia, Variant, etc.

  • Threedium: High-fidelity 3D commerce start-up raises $11m Series A.

  • Neon Machine: Web3 game studio raises a $20m led by Polychain Capital.

  • Aera: Raises $8m for financial management for DAOs.

  • Triple-A: Singapore-based crypto payment gateway raises $10m in series A.

  • Nocturne Labs: $6m seed round to bring private accounts to Ethereum, backed by Bain Capital Crypto, Polychain Capital, Vitalik Buterin, i.a.

  • Rymedi: Web3 healthcare platform raises $9m in series A.

  • smlXL: Raises $13.4m in seed funding from a16z crypto, Greylock.

  • Memeland: Web3 project by 9GAG team raises $10m.

  • Nym: a16z-backed firm launches $300m privacy-centric 'Innovation Fund'.

That’s all for now, folks. Thank you for being part of the journey. Back to building! πŸš€

– Marc

πŸ“ˆ Top 3 Charts to Share with Friends

Artwork: Refik Anadol, Renaissance Dreams β€” Palazzo Strozzi.

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