🏭Elon Musk is building his own "utopian city" in Texas.

🏗Musk plans to build an entire city called "Starbase" near his Boring Company and SpaceX facilities. He has purchased several thousand hectares of land that were previously used for agriculture and grazing.

🏢The new city will be home to employees of Boring, Tesla, and SpaceX, who will pay significantly lower rent than the market rate.

🏠Several modular homes, a swimming pool, an outdoor sports area, and a gym have already been built on the site, along with signs that read "Welcome to Starbase, TX."

🗣Musk announced his intention to build his own city in Texas back in 2021, but actual construction only began recently.

Stablecoin USDC lost its peg to the US dollar amid the bankruptcy of Silicon Valley Bank 😦

USDC lost its peg to the US dollar after its issuer Circle announced it was holding $3.3 billion in reserves at the bankrupt Silicon Valley Bank (SVB).

🔴 The problems also affected the stablecoin DAI - the provision of which is partially contained in USDC.

😰 Coinbase suspends USDC-to-USD exchange until at least Monday, when banks will work normally

🇺🇸 President Biden calls for a 30% tax on all electricity used to mine Bitcoin and cryptocurrency.

VARIANT FUND PORTFOLIO 💼

Friends, we have a column where we take apart crypto funds. But not everyone understands the value of such content.

If you consider the crypto market not just as a "topic" but as a further vector of your development, then understanding the funds is a fundamentally important aspect. It is an integral part of conducting your own DYOR on new projects.

So next up we have another VC with well-stocked bags ⬇️

Variant Fund is a young Tier-1 fund investing in the following sectors of the crypto industry:

- DeFi (40%);

- Blockchain Service (20%);

- Blockchain Infrastructure (20%);

- Decentralized social media (10%);

- GameFi (10%).

There is no exact date when the fund was founded, but it is known that the first investment was September 3, 2020 in the Cozy project.

➡️ Project founders Jesse Walden and Spencer Noon deserve special attention. Both have excellent experience in crypto, especially in the direction of fundraising.

Their experience is:

1. Jesse Walden:

- Worked at a16z in a program director role;

- was a development and innovation specialist at Spotify.

2. Spencer Noon:

- Funder of the OurNetwork project;

- Co-founder of DTC Capital;

- Experience with other non-crypto companies.

↪️ VC currently manages $560m in assets and has two active funds: Variant Fund II ($110m) and Cryptocurrency fund ($450M).

➡️ Variant is quite a young fund. It has only participated in 32 fundraising rounds, 10 of which it was the Lead Investor. Prominent investments include: Polkadot, Uniswap, Aleo and Syndicate.

🟠In the new infographic you can see the projects in which Variant invested.

❔Have you ever heard of this fund?

👍 - Yes

👎 - No

Blur beat OpenSea? 🆚

The battle for trading supremacy between the NFT-platforms OpenSea and Blur is beginning to take on new proportions. By the numbers, Blur captured ~82% of all trades last week, despite OpenSea's best efforts and the introduction of zero commission.

➡️ Everything culminated on February 22, when Blur recorded a trading volume of $111.5 million. $111 MILLION! OpenSea, in turn, had a more disappointing result of $14.2 million.

In addition, the position of Blur on the market is gradually beginning to strengthen. Another round of token distribution contributes to this. On February 21, Blur said that in the second season it will give away more tokens to users, namely $300 million BLUR.

➡️ But there is a downside not everyone knows about. There is information that a large number of deals on Blur last year were fictitious. This "illegal" trading activity accounted for ~53% of all transactions, with about 500 wallets responsible. This may point to possible problems in the long term with Blur's "mission" to push OpenSea out of the market. Believe it or not, it's up to you to decide.

Interesting fact: Not many people know, but Blur has offered to block OpenSea to its users. Not long ago, the zero-commission marketplace updated its royalty policy. According to the rules, jpeg creators will receive full royalties for their collections if they block their collections on OpenSea.

➡️ ️You can talk a lot about the advantages/disadvantages of this or that site, but the statistics speak for themselves. At the moment platforms have approximately equal shares on the market. Even in spite of the rabid volumes of Blur.

🟠In our new infographic you can see the comparison of OpenSea and Blur metrics.

❔ What do you think: can BLUR beat OS in all metrics through 2023?

👍 - Yes

👎 - No

📆 Global crypto headlines of the day:

🛑The SEC has accused BKCoin investment fund creators of fraud.

🛑Utah state legalized DAO, granting decentralized autonomous organizations their legal status.

🛑The Pakistan Banks' Association (PBA) signed the project contract for the development of a blockchain-based KYC platform.

🛑Bybit announced plans to launch Mastercard-powered debit cards.

🛑EOS intends to revive the blockchain by launching the Ethereum Virtual Machine on April 14.

🛑Amazon's NFT platform may be launched on April 24.

A selection of Ai services to help cryptan 🍎

⠀

⚫️Stable Diffusion: AI picture generator. You can set different number of parameters, choose number of images (up to 12 variations). A great thing about this service is that when you run out of free credits you just register a new account for a temporary email.

⚫️Summarize.tech: a great service that will make you a summary of a Youtube video. You just paste in a link and you'll know what's being talked about in seconds

⚫️Perplexity AI: a search engine that combines AI and Google. Great for searching and processing information.

⚫️MidJourney: the AI image generator everyone knows about, better in quality than Stable Diffusion above but with a worse interface because it is a discord and also after the free credits you have to buy or create a new ds account.

⚫️Synthesia: text to video generator. You give him the text (which again can be generated) and quite real AI character will read it out. A powerful thing, which will soon replace a lot of your work.

⚫️ChatGPT: an obvious, yet very useful tool that allows you to write and translate articles on any subject. Many people know about it, but this list couldn't be complete without it.

⚫️Slidesai: a service for creating presentations. Just give it the text that ChatGPT generated and it will give you a finished presentation. On the free plan, you can make 3 presentations a month. If you need more, just make a new account.

➕ Let's supplement, especially for you, this list with some huge collections of Ai for almost any purpose:

🟠600 Neuronics: can be a wand at work/study, just pick the industry we want.

🟠750 neurons: good for content makers.

❔ Would you be interested in discussing the topic of artificial intelligence in more detail?

👍 - Yes, of course

👎 - No

The main signs of a scam-project 🗳

⠀

Catch information that will help you distinguish worthwhile projects from those on which you are 100% likely to lose money 🥲

◾️Project team throws around promises they can't deliver. For example, promises guaranteed earnings that cannot be accurately predicted.

◾️The project team is anonymous. When implementing a quality project, there is no point in hiding the team. Even the opposite, a strong team is one of the factors of success of the project, which is evaluated by investors.

◾️The project has no technical documentation or working product. Even the most revolutionary idea without proper documentation of its technical solution is nothing.

◾️An announcement of a super large-scale project with a small team. It's hardly worth trusting a project if there are a few people on the team and they want to become the new Google or Apple without any product.

◾️Roadmap, painted out for several years ahead. The crypto market is very dynamic, with the likelihood that several peers will have already been released in that time.

◾️Lots of consultants. Most of them are involved in projects for money or for self-praise. If there are a lot of them, it is not yet a sign of quality.

◾️Large share of the team in the allocation of tokens. Often a team wants to get 30-40% of the tokens, and loudly proclaims the high decentralization of the project. This looks very questionable.

◾️Low token price. Some may see this as a great potential for growth, but attention should be paid to capitalization.

◾️Weak marketing. Even the coolest product can fail if nobody knows about it. The absence of the project in any social networks is already a very alarming sign.

◾️A very big hype around a project. This is not always a good thing either. Maybe all the money went to marketing rather than the product itself. And it can also lead to external audits and investigations, which can have a negative impact on the further fate of the project.

◾️It is not clear what the project does. If you've studied the information about the project, but still don't understand it, you shouldn't carry money there. Either the team is unable to adequately convey information, or is trying to hide something.

◾️Project hides information about competitors. A good project should not be afraid of competitors. If they are not mentioned in the documentation, that is a reason to think twice.

❔ Is this post helpful to you?

👍 - Yes, it was interesting for me

👎 - No, I knew everything

⚡️How much would 1 BTC be worth if bitcoin reached today's gold capitalization?

Then the price of 1 BTC would be $629,057. Right now, bitcoin has managed to bite off 3.74% of the gold market💰

🤯 Trezor’s cold wallet was subjected to a phishing attack.

The company warned its users a couple of days ago about a new phishing attack. The phishing campaign involves intruders posing as Trezor and contacting victims through phone calls, text messages and emails.

👉🏻 Be careful not to go to unknown sites, always double-check from whom the letter❗️

I have prepared for you a selection of services that I myself often use, including from the phone. Greatly simplify the life of a crypto trader!

1. TradingView - familiar to every trader and everyone who watches my reviews. With the help of TradingView tools, you can compare quotes, track the correlation between different assets, add custom indicators to the chart, and so on.

2. CoinMarketCap is the world's most popular cryptocurrency price tracking service. Here you can also find the entire office. information for each coin.

3. Blockfolio - you can conveniently follow the changes in your portfolio.

4. CoinMarketCal - a cryptocurrency calendar that displays important events and their dates. On the calendar site, you can track network updates, mainnet launches, hard forks, and other important events.

5. Investing - economic calendar.

6. CoinGlass - a huge number of metrics, tracking the actions of large funds + the ratio of longs to shorts.

❗❗❗#BAN #TIKTOK

US bill to ban TikTok approved

The House Committee on Foreign Affairs of the US Congress made such a decision. Now the document will go to the general vote in the House of Representatives.

If you're playing a Video Game with long loading times, do mini exercises or stretches while your game is loading. #Daily #Productivity #Hacks

When struggling to hang a picture or mirror on a screw on the wall, push the spikes of a fork down over the screw,with the handle pointing up. Then slide the picture string down the fork down onto the screw.Then remove fork. #Daily #Productivity #Hacks

If you see a news story that you suspect of being propaganda, use google news to work back in time to find the first news agency to post the story. #Daily #Social #Hacks

If you feel tired when you wake up in the morning, chances are you are dehydrated so drink water before going to bed! #Daily #Drinks #Hacks

If you are thinking of selling your house within the next year or two, take the outdoor photos during the nicest season. #Daily #House #Hacks

When you're down and out, tired, despairing, or desperate, you're in the best position to make a change. #Daily #Productivity #Hacks