🎮 Yeah, remote working is cool, but have you considered working from Metaverse?
Company closes their offices to move fully into Metaverse, Elon Musk joins Twitter Board, and a lot more..
GM degens🤙🏻(Please note that this newsletter will be sent during lunch time, on purpose. A real degen stays up late and sleeps till noon.)
Let’s get into it. We’ve seen all the hype with remote working, to the point where remote work is not a perk anymore but a business decision for companies! Just like healthcare benefits. However, some companies have taken this to next level by deciding to be office-free and move their entire office into Metaverse.
🤷♂️ But how’s this is even going to work?
Hear me out. CFTE is a company which offers Fintech courses and certifications. They have decided to close their locations in London and Singapore where they had their actual offices. They bought a virtual land in the Sandbox and created the entire office concept virtually. They even bought their staff Oculus Quest, “so they can fully immerse themselves into this new virtual world”.
🖕 Dogecoin is up while BTC and ETH are going down
While overall market has been pretty quiet this week, Dogecoin on the other hand has seen an upward trend, with roughly 15-17% WoW (week over week) increase. All this, thanks to the coin meme master, Elon Musk himself. 🙏🏼
He recently bought 9.2% of Twitter shares, making him the biggest bag holder in the company (FYI Jack Dorsey who is the founder of Twitter owns 2.3% stake 🤯).
Parag Agrawal, who is the current CEO of Twitter, announced that Elon Musk will be part of the board members.
This means that Elon Musk will have a say on the Twitter decisions. People trade on news more than in the actual happenings. Considering that he is a big believer in Dogecoin (he even incorporated doge in Tesla merch), cryptocurrency holders expect that he will push towards any sort of implementation on Twitter using Doge.
He is not a big supporter of NFTs though, will see how that plays out now that he joined Twitter. Let’s all hope he changed his mind.😬
🧶 Twitter thread worth reading
👩🏽🎓 Degens Vocabulary
This will be a daily section where we will keep you updated with the web3 space vocabulary (will be using them more often once audience gets more familiar with them).
degen,- Shorthand for Degenerate. Degen trading or Degen mode is when a trader does trading without due diligence and research, aping into signals and FOMO into pumps.- source from Coingecko.
🗞️ Other news in the space
Unstoppable Domains seeks funding at $1 billion valuation
Outside Announces New ‘Anti-Metaverse’ Web3 Initiative
Is Elon's 9.2% Stake in Twitter a Web 3 Play?
