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Elon Musk is paper handing...

Elon's BTC selloff, golf + NFTs, Zebedee raises $35M, and Lido helps retail investors!

GM frens

Hey everyone, Hunter here!

I'd like to introduce you all to Jeremy; he's an incredible builder within the ecosystem and has recently offered to help write some issues for NFToday! As swamped as I am, I looked at some of his previous work and was more than stoked to him up on his offer!

Without further ado, please welcome Jeremy!

Hey everyone, name is Jeremy, and I will assisting Hunter in writing weekly content for you all.

Three Real Quick Facts About Me:

  • I am an entrepreneur who created several businesses within the fitness, media, entertainment, and Web3 spaces.

  • I donated my kidney to my father when I was 21 (If you can guess my age, you get a magical gold star).

  • I am an avid reader and researcher on everything from health, personal development, marketing, finance, and blockchain technology.

Hopefully, everyone is staying cool and safe from this wild heat wave.

With that said, let's get on with some news!

In today's newsletter:

  • Tesla’s Current BTC Situation

  • Swing Easy?

  • Zebedee Makes it Rain

  • Lido Staking Ether

Tesla’s Bitcoin Dilemna  

Elon Musk has seen better days, and his recent headline will make you shake your head 100X!

On another note, his company, Tesla, converts most of its BTC into fiat.

Yet, despite the selloff, Elon stated that, "we have not sold any of our dogecoin."

The EV maker sold as much as 75% of its Bitcoin stack, the company’s Q2 earnings statement showed.

Is it time to Swing Easy?

Together with Crypto Country Club

PGA Tour Player, Joel Dahmen

Welcome to the Crypto Country Club, an NFT project focused on building a digital golf community with real-world experiences and utility, all for the sake of good vibes and long drives.

Owning a golfer doubles as club membership card, providing you with an all in one exclusive golfing experience like none other.

Utility includes:

  • Access to Tour Players & Instructors

  • Golf + Sporting Events / Member Gatherings

  • Exclusive Merch Drops

  • Pro Shop Discounts

  • Giveaways & Auctions

  • Additional Small Batch NFT Collections

  • Deeply Discounted Golf Experiences

  • Access to a P2E Golf League, No Staking Necessary.

  • Access to a Nationwide Golf Cottage Network

Still not convinced? Take it from our officially sponsored PGA Tour Player, Joel Dahmen,

"It’s a place where golfers and the crypto world can unite. It brings in a different fanbase to the game of golf and also golfers to the crypto world. It’s a fun thing to combine and hopefully there is a bright future."

Ready to join CCC? Check out our official site where you can learn more, see what CCC is all about, and mint: https://www.cryptocountryclub.io/

Gaming startup Zebedee raises $35M

Payments, via in-game transactions, on the Bitcoin blockchain are one step closer after Zebedee's Series B funding round led by Kingsway Capital with participation from Final Fantasy's game studio, Square Enix.

The fresh capital will be used to build a Bitcoin-based payments system running on the Lightning Network – a faster and cheaper solution to handle BTC transactions.

More on the BTC Lightning Network here for those who are interested

In September last year, Zebedee raised a Series A round of $11.5M.

Zebedee's decision to leverage Bitcoin's Lightning Network is a unique effort to step away from the Ethereum or Solana ecosystems that are commonplace for crypto gaming activity.

 Lido to integrate staked Ether on Layer-2 scaling solutions 

Lido

Liquid staking service Lido announced a wrapped version of staked ETH (stETH) that will allow users to stay liquid on layer-2 protocols even with the native ETH locked up for staking.

“For Ethereum stakers, this means staking with lower fees and access to a new suite of Defi applications to amplify yields,” Lido said in a statement.

Lido, holding as much as 4.2M in staked ETH worth $6.5B, is solving a problem many crypto enthusiasts face – to stake on Ethereum, you need at least 32 ETH, or about $50K.

Through Lido’s platform, users can easily stake any amount they want and still receive yields for it.

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 DISCLAIMER 

Nothing mentioned above is financial advice, this newsletter is created for nothing more than entertainment purposes!