Dear readers,
We hope you are well and safe. We would like to extend our best wishes to our readers in Izmir. Now, let's distract ourselves a little with the developments in the decentralized world. Remember that these volatile markets can actually be quite enjoyable; when you pay attention to your actions, they can dance to your rhythm.
Decentralized Bulletin — Potatoes and Investment
Muhabbit has published a comprehensive article about the Aptos Labs (APT) blockchain , which we also mentioned last week . As we noted in passing, this blockchain has received criticism for being launched before its ecosystem was fully complete, and we should also remind you that it operates using a " Proof of Stake " method.
APT , which claims to be able to execute around 160,000 transactions per second , is being criticized by some community members for not meeting expectations. To learn more about APT, which has received investment from major companies like Tiger Global , Katie Haun , and FTX Ventures, you can visit Muhabbit.
While Britain is getting used to its new prime minister, let's remember that he is a certified crypto bro . Rishi Sunak , who took office after Liz Truss 's resignation , had previously argued that inflationary problems could be solved by collecting payments from the country's extremely wealthy. Economic analysts, however, said that this would not only be ineffective but would also worsen inflation.
Recently, enthusiasts who paid for their McDonald's orders with Bitcoin reminded us that this payment system could become a part of our lives.
Coinbase co-founder Brian Armstrong criticized Singapore's crypto regulations, pointing out that despite Singapore's efforts to become a Web3 portal, it is considering regulations that could hinder cryptocurrency exchanges.
ReelStar, a Web3- focused social media platform , has developed its own token, ReelToken (REELT) , which aims for a price of around $4.98 . They announced that it will be an in-app NFT and will appeal to both Android and iOS devices.
Recently, with Elon Musk finally acquiring Twitter, discussions began about DOGE coin integration. It was argued that while it would be possible to spend DOGE coins via tweets, the infrastructure and speed to facilitate this naturally lacked in DOGE coin itself.
On October 24th, before Twitter was even acquired, Jane Manchun Wong tweeted that the company was working on a wallet prototype and that some developments might be underway to integrate cryptocurrency into the system; this tweet was, of course, later deleted.
Since its launch last March, ApeCoin has created quite a stir for many investors. It was known to be a unique token, and it's impossible to discuss it without mentioning the Bored Ape Yacht Club . Investing in ApeCoin means you're unknowingly investing in the Bored Ape ecosystem. Until 2022, the Bored Ape Yacht Club was exclusive to select individuals and some celebrities, which attracted a great deal of attention.
As you may recall , Bored Apes NFTs attracted considerable attention when the NFT market was booming. These NFTs offered the privilege of attending certain VIP events. ApeCoin , which entered our lives this year , similarly comes with certain privileges , allowing you not only to make a crypto investment but also to enjoy those privileges.
This brings us to the end of our newsletter for this week. We hope you have a peaceful and trouble-free day and that it inspires you on your other days.
If you'd like to connect us with people who might be interested and enjoy reading our content, you can use our link: bit.ly/merkezsizbulten
Additionally, you can stay updated on developments throughout the week by following our Twitter profile.
See you next week,
Decentralized Bulletin
Originally published on Medium on November 08, 2022. English translation of “Merkezsiz Bülten: Patates ve Yatırım”.