The Weekly: Free Speech, Urinal Cakes, and a Wells Notice
- ETH continued to underperform this week as ETFs disappoint and L2s cannibalize — turns out that ETH bags are the real six-figure hell.
- Diewiththemostlikes announced limited edition urinal cakes via PROOF Collective – a very "on-brand" collab for PROOF's parent company and "Dookie-Dash" creator, Yuga Labs.
- Collectors began accumulating Jack Butcher's "Trademarks" nearly 10 months post-mint – has MoonCat been tweeting again or was this, dare I say, organic?
- Altcoin Daily mistakenly reported that Cardano's founder, Charles Hoskinson, had gone missing, only to later discover he was just on vacation – meanwhile, Cardano users remain MIA.
- Kayvon Tehranian, Founder of Rodeo, stated that we need to solve the core issue of people not caring about digital ownership – maybe we start by making people actually pay for things.
- Telegram CEO, Pavel Durov, was arrested in France this week resulting in cryptotwitter's seamless transition from Middle East experts to free speech activists.
- OpenSea was issued a Wells Notice for the alleged sale of unregistered securities, a move that puts many US based "founders" in legal uncertainty – might LA to UAE be the next bridge for Frank DeGods?
- Savvy entrepreneur Seedphrase avoids any such legal uncertainty by building off-chain – pushes boundaries with the release of innovative acid-washed t-shirts.
- AOTM celebrated the sale of Michael Kozlowski's mechanical generative artwork "Empath 01" – an exciting moment for all involved as neither VincentVanDough nor GigaChadPepe were required to bid.
- Brendan North released a new edition titled "Malibu's Most Wanted;" North describes the dynamic token as "4 photos and 1 crime story" – a story with a plot that looks straight out of Brazzers.
- Vitalik suddenly hates DeFi
— RYAN SΞAN ADAMS - rsa.eth 🦄 (@RyanSAdams) August 26, 2024
- EF dumping all its ETH
- Ethereum ETF flopped
- L2s are now parasites
- Roadmap going nowhere
- Bankless pod w/ @KyleSamani
Folks I think we hit the bottom.
Time to load up on ETH. pic.twitter.com/q9A8KKnHlF
2.
"our creations existed for others pleasure. relief. excess.”
— PROOF (@proof_xyz) August 29, 2024
PROOF humbly presents BEEFCAKES, its first collaborative effort with innovative artist, ground beef legal advocate, and speculated sane person Diewiththemostlikes. BEEFCAKES is 100% artisanally made, consisting of… pic.twitter.com/55ymbb9hfL
3.
Trademarks by Jack Butcher … what went right? pic.twitter.com/vzYp0S8SYB
— faXx 🎈| 824.eth (@faxx_eth) August 25, 2024
4.
Cardano Founder Charles Hoskinson has gone missing.
— Altcoin Daily (@AltcoinDailyio) August 28, 2024
Last seen four days ago. pic.twitter.com/CMOrUtWh16
5.
Most people don't care or believe in digital ownership.
— kayvon (@saturnial) August 29, 2024
That's the core problem. Solve that.
6.
Freedom to communicate privately;
— TOKEN2049 (@token2049) August 25, 2024
Freedom to express yourself publicly;
Freedom to build your apps and businesses.#FreePavel pic.twitter.com/SOPxuD6Ooo
7.
OpenSea has received a Wells notice from the SEC threatening to sue us because they believe NFTs on our platform are securities.
— Devin Finzer (dfinzer.eth) (@dfinzer) August 28, 2024
We're shocked the SEC would make such a sweeping move against creators and artists. But we're ready to stand up and fight.
Cryptocurrencies have long…
8.
SEEDPHRASE T-SHIRTS ARE LIVE!
— seedphrase (@seedphrase) August 23, 2024
We've dropped a limited run of Seedphrase t-shirts at https://t.co/k8oD8xtabG
- 100% Heavyweight 240gsm Cotton
- Brush Acid Wash
- Oversized Fit
- Limited Edition pic.twitter.com/YGxN9oOcQY
9.
🖼️ 24 Hours of Art 📰 BREAKING!
— RD (@RogerDickerman) August 27, 2024
Kanbas is the first to acquire Mike Kozlowski’s physical work 'Empath' for 40.44 ETH (~$115k USD).
Additionally, 4 previously unminted works are collected for 46 ETH (~$130k USD), all facilitated by AOTM.
A story of focused patronage ⬇️ pic.twitter.com/D0NyR2flyW
10.
4 photos. 1 crime story. All in 1 dynamic token.
— BRENDAN NØRTH (@ImBrendanNorth) August 29, 2024
Edition of 30 for just .0911 ETH 🚓https://t.co/P17rt00kIH pic.twitter.com/ELWJQdvri6