Reading time 3m39s
GM frens ☀️
It’s a post-Merge world!
It was a late night in many bedrooms across the globe as we all watched it go down without a hitch.
So sexy :D
No massive pump or dump in the markets either, just another relatively boring morning.
- It’s PANDA Time 🐼
- Do Kwon is Safe 🛡️
- Real Web3 Games 🎮
- Disney’s Metaverse 🏰
- More Merge Memes 💎
PANDA is the new APE?
Remember the Panda?
It happened :)
And you know what else happened?
We did warn that there would be no reduction in gas fees (as some were misled to believe), but we didn’t imagine they would go as high as ~$60k!
Of course, this was a special case in which the user paid an exorbitant amount to ensure that they were able to get the first PoS mint.
It costs to be on top.
Gas fees will NOT be 36 ETH 😅
But that NFT will probably be worth a pretty penny - more than 36 ETH most likely.
Waiting on the Bored Panda Yacht Club to drop any day now.
What was the highest gas fee (in $$) ever paid on Ethereum?
Tap your answer below to see if you’re right!
Do Kwon Arrest Warrant
Yesterday everyone said Do Kwon was finally getting arrested.
Justice would be served.
But he’s not tho 😒
Cuz he rich AF br0.
A court in South Korea issued an arrest warrant yesterday for Do Kwon and five others with accusations of violating local market laws.
But they’re all in Singapore.
Singapore has an extradition treaty in place with Hong Kong, Germany, the US and 40 declared Commonwealth Nations that include Australia, Canada, New Zealand, India, and the UK.
South Korea is not on the list.
So it’s very hard to extradite Do Kwon from Singapore to South Korea.
Plus we caught Kwon blowing kisses to a dog meme on Twitter just hours after the news broke so he doesn’t seem all that concerned.
I’ve got another unpopular opinion:
Terra-LUNA wasn’t a ponzi.
At least that wasn’t the initial intention.
Kwon and his team worked pretty hard for several years on the algorithmic stablecoin ecosystem, and Kwon even named his daughter Luna.
Terra-LUNA was a functioning product.
Until it wasn’t.
Kwon was just a bit of an arrogant, foolish, and selfish A-hole, and that’s why his project was successfully attacked.
But maybe I’m gullible.
Others claim that Kwon was cashing out UST and LUNA to the tune of $2.7B+ in the months leading up to the crash, in which case it does start to look like a ponzi 👀
> hard money
Pick one 😅
Nah but really, if that’s true then it means he was telling all his followers and investors to HODL while he was dumping, and that’s scummy AF.
But now we just arrive back at the beginning because $2.7B sounds like enough to evade the South Korean police for the rest of his natural life 💨
Then he might have to pull some Tae Kwon Do and change up his name to escape the country.
Imagine if he goes on the run 🤣
Rockstar Games Co-Founder Dan Houser Makes HUGE Investment in Blockchain Games Studio
Grand Theft Crypto, anyone?
MF’s want a Do Kwon main character 😂
Unfortunately it’s not going down like that.
Dan Houser was creative lead behind GTA and Red Dead Redemption, Rockstar’s two hottest games, but after decades with the company he left in 2020 to build his own called Absurd Ventures.
With no updates in over 2 years, the direction of Absurd Ventures was unclear, but new reports that Dan has invested $13.2M in blockchain company Revolving Games and joined their board give us some hints.
Revolving Games has:
👉 100+ employees
👉 2 studios under its name
👉 raised over $25M
Its debut title is set to be a Battlestar Galactica-themed strategy MMO that's in development with NBCUniversal and Gala Games (another hefty blockchain gaming company).
Will there be NFTs?
No clear answer yet, but 🤞
Web3 Pipeline 📢
Disney reaffirms metaverse plans - Bob Chapek, Chief Executive of Walt Disney Co, spoke at Disney’s biennial D23 Expo fan convention this week and described how the 98-year-old company will approach its metaverse strategy. He talked about physical experiences in their amusement parks and digital experiences through their streaming service, and one thing you can’t say about Disney is they tend to underwhelm. Disney always does things BIG and beautiful.
Bun B dropping NFTs - another legendary music artist is getting into web3. He’s being cryptic with the info, stating in a recent interview with Trapital that any NFTs he drops will have to be true to his art and what he represents.
NFT drops of the day 👀
🎯 Bounty Hunters | 2 (SOL)
Sept 16 - giving web3 teams, creators, collaborators & collectors special access to Simpl3r’s CRM platform and other tools to capture the community’s imagination and ignite their passion
🐀 Radar Rats | $1000 (in SOL)
Sept 17 - owners will have the opportunity to hold the Radar Rat to access the most exclusive art club on Solana or to ‘burn’ the NFT and receive an IRL authenticated Banksy art piece in exchange
🛑 NOTE: drops not promoted/endorsed
✅ DYOR and practice safe minting!
Remember there are two sides to the Merge debate.
We didn’t want to spoil the fun, but you should DYOR and make up your own mind about how to view this.
That’s all for today frens!
How was today's newsletter? Help us get better:
Thanks for voting! We can only improve with feedback from little geniuses like you.
Today’s Tokengraph is brought to you by Binance Card
Binance is the largest cryptocurrency exchange in the world by trading volume.
The Binance Card offers cashback rewards in their native exchange token, BNB.
Get your card now!
DISCLAIMER: This is not financial advice. This newsletter is strictly educational and is not investment advice to buy or sell any assets or to make any financial decisions. Do your own research.