This is NOT an Official Statement

CRYPTODAY 046

Illustration by Cryptopop Art Guild (CPAG) member @RayCryoArts10

1. There’s been some negative content floating around recently about Axie Infinity and Yield Guild Games, and I debated whether I should address them here on Cryptoday. Here’s the situation. I’m now part of YGG, and anything that I write about the organization may be construed as an “official statement,” even if it’s purely my personal opinion. (In the past, I’ve repeatedly disclosed that I was an investor in YGG, and this is like that, only more so.) I’m not going to hide the fact that I am 100% biased towards Yield Guild, and I will defend our mission and our community to the death. So yes, I don’t have a lot to say about the negativity on the interwebs this weekend. They’re baseless accusations, and the more thought we give them, the less they deserve.

2. Here’s an official statement though! My Cryptopop Art Guild (CPAG) is aiming to expand to 100 scholars before the end of September. We’re currently at 42 members, so this week I’m back on the fundraising trail, hat in hand, to find financial support for another 58 underprivileged artists. I’m pretty sure we’re the first guild in the world to combine play-to-earn and NFTart. CPAG is going to road-test a lot of experimental guild strategies over the next few months, particularly around NFTart drops, governance models, and profit-sharing, and I can’t wait to share the results with all of you. If you’re interested in supporting the guild, please message me privately!

3. Also, check out today’s featured CPAG artist, RayCryoArts10. If you’ve been following me for awhile, you probably know I had a phase back in 2019 where I was obsessed with dragons, so Ray’s illustration is something that’s very near to my heart. I think it’s exquisite! (Please follow our guild on Twitter! https://twitter.com/cryptopopart)

4. Other strangeness happening across the crypto-verse: 0xMaki, the co-founder of SushiSwap, is stepping down from the project. 0xMaki inherited the leadership position from Chef Nomi last year after Nomi was excommunicated from the Sushi community, but instead of fading away, the Uniswap fork flourished. Sushiswap is the 5th largest DEX by trade volume, doing about 30% of the volume of the current market leader, Uniswap v3. Side note: the world of decentralized exchanges is wonderfully confusing if you’re coming from centralized exchanges like Binance and Coinbase. The top 10 list features Uniswap in both the number 1 and number 2 spot, and then PancakeSwap in the third and sixth spots. Why? Because these aren’t technically brands or business entities, they’re just software protocols, and those have distinct and separate versions.

Sorry for the extra short Cryptoday folks! It’s a pretty busy week and I’m just spinnin’ as fast as I can.