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🔥 Greatest time to be in crypto!

ETH India week is now OFFICIALLY over

Namaskara, this is the doodhwala. We are like the Goa of newsletters. Sure, we may be small but when you think about us, you think about some surfin’, partyin’ and vacationin’ kinda fun. 😎

So sit back and enjoy the cool breeze and the AMAZING view. 🥛

The ETHIndia week is over almost over.

Yesterday was one of the last events of one of the most amazing weeks in the history of the Indian crypto ecosystem.

And it didn’t disappoint. ⚡️

Polygon x Buidl.so had everything, from awesome pitches to awesome people.

So here are the highlights of this CRAZY crypto party!

We are doin’ it the doodhwala 2-2-1 style…LFG! 🔥

2️⃣ Pitches 

🔥 Hackmakers — Not just Hackathon-As-A-Service

What are the hottest new keywords in tech rn?

AI and Web3. 🤷‍♂️

And everyone wants a piece of this juicy tech.

But the problem?

There isn’t enough talent to serve this huge demand for devs.

The bigger problem? 🤨

There isn’t one good solution where interested peeps can come learn, test themselves and also get hired or get investments for their cool projects.

Enter Hackmakers.

They started by offering Hackathon-As-A-Service to some of the biggest names in tech like Slack, UN, AWS, Google, Doodhwala.

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But now they have built a platform where people can learn various skills in web3 and AI on their education marketplace and test themselves in hackathons.

Students can then use that knowledge to build cool stuff and also get rewarded for it! 💰

Hackmakers already have a revenue of $250k and they seem to only be going up by partnering with Polygon, Filecoin and other web3 bros!

🔥 Disconnect — Connect to Disconnect from everything

In crypto, we use Discord or Telegram to chat and create communities. 🥰

We use Metamask to send or receive tokens and keep a track of our portfolio. 📉

For swapping tokens, there is Uniswap, Sushiswap and so many more. 💰

The point is…there is too much friction and too much to learn for new folks coming into web3. 

Disconnect is here to bring that to an end.

With Disconnect, you can:

  • Interact

  • Transact

  • Connect with your frens

In one application, you can talk to your frens, send them some dough and also swap your dough for other dough. 😎

Imagine that. 🤯

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The team is also planning on integrating push notifications using PUSH protocol to make wallet-wallet communication a much better experience!

The demo was also fantastico! blows chefs kiss

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2️⃣ Projects

🔥 Trikl — Solving low engagement for content creators

Content creation is hard.

Written content creation is harder.

Especially written content creation.

I mean who tf wants to write a daily crypto newsletter? FOR FREE?! WITH MEMES?! AND ABOUT CRYPTO?!

And not even get paid.

And have everyone you meet ask you, “Bruh, are you actually gonna sell me some milk?!”

Like “no bro.”

But Trikl is solving this.

Not the annoying questions part, but the paid part.

Trikl is a way for creators 🤝 readers to earn money in a sustainable way.

They’re building a platform for readers to engage with a creator’s content through:

  • Exclusive chat rooms for creators

  • Giveaway rewards for engagement

Pretty cool stuff. 😎

And if you’re a sponsor, they’ve got a rewards pool that the sponsor can fund through crypto.

The creator will have to create content about the sponsor and distribute the:

→ Content: To their readers

→ Rewards: To their readers

Let’s just hope they can now solve the problem of making CERTAIN content creators funny and totally not cringe.

Disclaimer: You’re favv doodhwala is running a read-to-earn engagement model with Trikl on Telegram, sign up if you’re interested here.

🔥 Cruize Finance — smooth sailing, scr*w volatility

When you buy a crypto, the only thing you think of is — GOING TO THE MOON BABY.

In reality, crypto prices can move in one of 3 ways:

  • up ⬆️

  • down ⬇️

  • sideways ↔️

Sometimes, you don’t expect these moves. So, whatcha do?

You cry. You pray. You hope. That the market doesn’t screw you up.

But another alternative is using complicated financial instruments to protect your downside.

Cruize Finance allows you to do this through instruments like — crypto derivatives.

A derivative is a piece of paper that represents the price of an asset.

Kinda like your college degree is a piece of paper that represents you bunking classes for 4 years. 😭

The protocol works in 3 steps:

1️⃣ Stake

Users stake their BTC and ETH. This staked crypto is used to secure stablecoins which are used then to trade crypto derivatives (like perpetual swaps for short positions)

2️⃣ Protect

Each staked token is redeemable for a hedged token.

Think of the hedged token as Cristiano Ronaldo, if you look closely, he isn’t the actual GOAT.

Because these hedged tokens are backed by the staked tokens, they’re price matches. And they protect the users against downside because of the crypto derivatives.

3️⃣ Use

These hedged tokens are not CRED COINS, you can actually use them outside Cruize.

They can be used on DeFi protocols for lending, borrowing, yield farming, living the best degenerate life out there.

✌️

Pretty cool stuff from Prithvi and team here.

Imma hit up Cruize to help me recover my -69% portfolio.

PLS HELP ME. 🙏

1️⃣ COOL MERCH

Last night we saw some very cool merch out there, this has gotta be the coolest one of them all.

ENTER THE INFINITE GARDEN

It’s a shirt about a documentary.

…i know what you’re thinking…🥱….who tf likes documentaries?!?

But this isn’t like one of those Animal Planet docus.

This is the Ethereum Infinite Garden, a full-length documentary detailing the challenges of building a new internet.

This was a community-funded project, with a:

→ Target funding: 750 ETH

→ Achieved funding: 1,035 ETH

The community kickin it outta the park as always 🫡

All the 662 backers (including my dude up there) received a cool T-shirt.

Check out more about the documentary here.

Milky Meme Of The Day

If you want more doodh then, be sure to follow our Twitter (@DoodhwalaDaily)

That’s all for today bhaiyo aur bheno! Naale Sigona!

Yo! Our legal and financial advisors (aka our good ol’ conscience) have asked us to add this boring disclaimer.

None of what you read here is financial advice. We aren’t here to get you to buy or sell a crypto. We’re only here to tell you what’s up in crypto today and make you laugh. So, if you screwed up on a trade, that’s on you G. Stay safe in the markets.