Daily Crypto NewsEDITION #418, 15 March 2022

Beauty and the Beast = Metaverse and Web3

Hey Moni Maker 🍗

Today is World Consumer Rights Day. Of course, for us DeFi and Web3 fans, this day isn't so close - after all, in decentralisation, you're the only one responsible for your money. And the protocol coders, of course. You can always take your anger out on them; Andre Cronje will confirm. 

And we go on with Digest! Let's go!

Let's put it this way. Bob Iger is the former CEO of the Walt Disney Company. Yeah, yeah, the one with the cartoons and so on. 

He tweeted yesterday that he's now a board member of Genies, which is such a digital avatar platform. 

"Thrilled to be joining the @genies Board of Directors to help @akashrnigam and company empower humans to create the "mobile apps of web3": avatar ecosystems," Iger posted.

Another storyteller in crypto! 

An average Australian named Loi Nguyen, now 23 years old, bought several hundred dollars worth of bitcoin, ether and common stocks in 2017.

Toward the end of 2021, crypto outplayed the conventional portfolio and allowed the kid to make a hefty down payment on his mortgage.

Nguyen's not stupid at all, so the modest one-bedroom apartment costs only $314,000. The $62,000 down payment was paid in half by cryptocurrencies.

A spokesperson for major Latin American exchange Bitso, Abraham Ramirez, has revealed that 99% of the surveyed population in Mexico and Brazil failed a basic crypto literacy test.

According to Abraham, cryptocurrency education could lift Latin America from where it is now financially.

IDO (Initial DEX Offering) is a fundraising event that is conducted in decentralised fashion. Usually startups raise funds and after that adding liquidity to DEX pool, for example on Uniswap or SushiSwap.

And more you can find in our Glossary!

And you...buy Bitcoin! (it's a good time!)