Welcome to Edition #031 of RARA 🗞️ Weekly.
RARA’s launch featured in CoinDesk!
Cheyenne Ligon at CoinDesk asked “What if social interactions online…could earn you money? How do you make expressing yourself on the internet valuable?” in his article about RARA’s new app.
The answer? RARA’s “like-to-earn” model rewarding community members…”through bidding on or curating NFT auctions. [RARA] comes as “play-to-earn” video games like “Axie Infinity” surge in popularity.” Continue reading here.
CoinDesk’s coverage led to 2000+ wallets connecting to RARA’s app to bid + RA! on NFT auctions. Install RARA in your community to host auctions or check out the app.
📅 Events this week
Sunday (08.29) // FWB x Zora Hackathon // Register here
Our friends at FWB and Zora, a NFT minting + protocol, are hosting a community Hackathan this weekend. In short, “anything from URL to IRL and everything in between” is fair game. Definitely worth your 👀 time.
🌐 Last Week on the Internet
Social Token platform drops plans to decentralize
Rally, a platform to issue social tokens, issued plans to decentralize itself. Read the proposal here.
Visa buys a CryptoPunk 🤷♂️
The headlines write themselves these days.
Social Engineering Hacks for NFTs Continue
Scams continue to run rampant in the NFT space. Be ware of the links you click, the DMs you receive, and anything that has a meta-smell to it. At RARA, our team will never reach out and ask you to share your password, private keys, or your private QR code.
Crypto History
Hal Finney liked NFTs too
When Visa was fighting Amex with the “gold card”, the late Hal Finney, friend of Satoshi or Satoshi himself, was dreaming of crypto trading cards aka “NFTs”.
Tweets of the week
Chris Dixon, head of a16z crypto, dropped another mega thread this week on how crypto turns networks into economies.
In short, it all comes down to opening up the innovation layer beyond just content production to economic activity.
Tipping Economy inside of Crypto Communities
The contributors at Forefront ($FF) dropped a super interesting thread on the Tipping Economy as a measure of crypto communities health.