Tokenzied Diamonds?

Hey, and welcome to another issue of NFToday!

It’s the last day of August which means Summer is over but, what awaits us is the start of a new season! So many amazing lessons and accomplishments were made during the last couple of months from planning/throwing together events to building/reestablishing relationships to learning more about the person I want to become.

Before you start your day this morning, ask yourself and possibly write down the answer, “What are some lessons I’ve learned this Summer that will push me forward to the goals I want?”

It’s cool to take a moment to reflect to better equip the reality you want to make for yourself.

Plus, from what Hunter mentioned in previous newsletters, so many amazing things are occurring in the Web3 space. It’s really exciting and all we can do is continue to be consistent with showing up every day as best we can.

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

-Jeremy Colon

• Busan’s Blockchain Ecosystem

• Crypto firm Tokenizes Diamonds

• Ready Player Me raises $56M

Binance, the world’s largest digital asset exchange vowed to guide the South Korean city of Busan in its steps toward embracing the blockchain ecosystem.

A pivotal part of the larger effort will be supporting Korea’s second-largest city in launching and promoting a local digital asset exchange that will allow users to buy:

• Cryptocurrencies

• NFTs

• Governance tokens

• and anything else that may see fit!

The joint effort could be a huge win given Binance’s considerable weight behind the project. The exchange stands to gain new members in Korea, where native exchanges swallow 90% of the crypto trading volume.

Blockchain startup company Diamond Standard is striving to make inroads into the $1.2T precious gemstones market as it has patented a technology allowing global investors to trace a diamond’s journey from supply chains to ownership status and availability.

The transparent structure will aim to tokenize diamonds through Diamond Coin, an Ethereum-based digital coin.

Diamond markets have been ignored by the mainstream due to the lack of a unified value-tracking system.

Whether or not the project brings back the gemstones’ shine or just proves to be another superfluous addition to the blockchain remains to be seen.

As always, we'll keep you updated!

Metaverse avatar cross-platform platform “Ready Player Me” closed its $56M Series B round led by Andreessen Horowitz, with participation from:

• Konvoy Ventures

• Collab Currency

• Kevin Hart's Hartbeat Ventures

• and more!

The funding round also included participation from the co-founders of Twitch and Roblox.

The AI-powered avatar creation project will use the infusion of funds to build interoperable products, working across different metaverses, games, and applications.

With more than 3,000 partners integrated on the platform already, the custom avatar maker looks promising–especially if the cross-chain interoperability is brought to a high level of security.

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