Crypto/Web3 founders peer-groups + All the Web3 news you missed this week
Crypto/Web3 founders peer-groups + All the Web3 news you missed this week
Attention Crypto / Web3 startup founders!
Over the past few years, I’ve met so many Founders who’ve expressed their struggle with the arduous nature of the startup journey. It's an isolating experience with very little resources for support. So for the past few months, I’ve been creating founder-peer groups of 6-8 founders to support each other on a regular basis.
This month, I’m forming a specific crypto founder group, since there are even more relevant ways that founders in the same space can be of help to each other. (We’ll make sure that you’re not directly competitive with each other.)
Groups will meet weekly for 8 weeks, then monthly after that, all over Zoom
Crypto Founder will meet Wednesdays, 4pm ET/1pm PT, starting May 24
Sign up by Thursday, May 18 to snag one of 8 spots in each group:
https://www.lynxcollective.com/application
Here’s all the Web3 news you missed in the past few weeks
General
What does generative AI mean for Web3? (Cointelegraph)
Generative AI is a revolutionary space wherein the leaders are innovating industries like fintech, climate tech, fantasy sports, digital gaming, interoperable trading, healthcare, art space and hospitality. It could potentially uplift the generative AI implementation in Web3 as well.
NFTs
Is the NFT hype over? (Altfi)
Web 2.0 platforms moving away from NFTs could indicate a decline. It is still too early to say whether this represents a permanent setback for the technology.
Metaverse
RIP Metaverse - An obituary for the latest fad to join the tech graveyard (Insider)
The Metaverse, the once-buzzy technology that promised to allow users to hang out awkwardly in a disorientating video-game-like world, has died after being abandoned by the business world. It was three years old.
Crypto
Binance briefly paused bitcoin withdrawals for around two hours Sunday afternoon U.S. time as the number of unconfirmed transactions hit a record high. Its second pause, taking place Sunday evening U.S. time, was also for just over two hours.
Coinbase Stock Surges On Earnings Beat. Cathie Wood Bought $16 Million Before Results. (Investors.com)
Coinbase (COIN), the largest publicly traded cryptocurrency exchange, announced its Q1 results late Thursday. Coinbase stock has rocketed nearly 65% so far this year as bitcoin and ethereum led digital asset prices higher, propelled partly by renewed banking fears in March. Meanwhile, the exchange faces off against the SEC as it fights for regulatory clarity in the wake of cryptocurrency crackdowns. But that hasn't stopped ARK Invest CEO Cathie Wood from continuing to load up on COIN stock.
Regulatory
An interview with Albert Forker, who was previously the Banking Commissioner at the Wyoming Division of Banking where he oversaw the state’s emergence as a leading regulator of digital assets. He is now the CEO of Fortress Trust, which provides API-driven financial, regulatory,
and e-payments infrastructure for Web3 innovators.
New York Attorney General Seeks New Crypto Powers for State Regulators (CoinDesk)
The New York Department of Financial Services would have stronger authority to regulate digital assets, with exchanges having to reimburse customers if they’re the victims of fraud, under a bill proposed by Attorney General Letitia James.
About Me
Hi, I’m Andrew Chang - I created the Web3 Roundup to share what I’m learning in this space. I’ve spent my career at the forefront of the technology industry in areas such as crypto/blockchain (Former COO @ Paxos, co-founding partner of Liberty City Ventures), video and adtech. I learn by meeting with founders, investors and other thought leaders and approach Web3 with the same enthusiasm – and skepticism – I had about crypto/blockchain technologies 10 years ago.
You can connect with me on LinkedIn