From Disney’s trip to the metaverse to the value of the NFT market, Ross Mac of Maconomics explored the latest headlines impacting the cryptocurrency market in the video above.
It sounds like we're 1 step closer to getting a virtual Mickey Mouse, while NASCAR is actually turning down some crypto sponsorship money.
ITS YA BOY ROSS MAC AND THESE ARE THE BIGGEST CRYPTOCURRENCY STORIES ON Thursday, January. 6TH
Walt Disney's theme parks might be getting a digital upgrade...the company received federal approval for a patent which will help Disney to create its own metaverse at its theme parks and properties. Here's the thing, visitors will be able to visit the virtual side of the Disney parks with something like a handheld device and experience 3D animation, without actually having to use virutal reality headgear. I kind of like the sound of a virtual Micky Mouse who doesn't have to go on cigarette breaks
In 2021, nearly $41 billion worth of ethereum-based NFTs were sold according to research from Chainalysis. I'll say that again...$41 Billion...now I just bought a NFT, and with my luck I'm probably too late to the party, but if anybody out there listening who want to pay a stupid amount for it...DM me pls...But here's the thing, the majority of transactions were under $10,000, yet the wealthiest 9% of NFT wallets hold about 80% of the markets value. Sounds like the whales are dominating the NFT Space
Moving to sports...NASCAR just rejected a 'Let's Go Brandon' crytp sponsorship...why? bc it happens to be --an anti-Biden chant-- LGBcoin, a cryptocurrency that has been promoted by right-wing commentators, wanted to sponsoer a car driven by Brandon Brown--a driver who indirectly became the inspiration for the infamous slogan. Looks like Nascar isn't trying to get too political here.
I’m Ross Mac and that was the Crypto Minute on TheStreet.
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