🎭 Every company is an NFT company

Namaskara, this is the doodhwala. The crypto newsletter with an Instagram, Twitter, YouTube, Facebook and even an ENS profile.

We everywhere! 🔥

Here’s what we got cookin’ today:

• 🎭 Every company is an NFT company

• 🔥 GPT-4 is HERE!

• 📈 Winner: USDT vs USDC!

• 🛠 How Does Bitcoin Get Its Value?

• 🍼The [only] $20 Million Deal

Let's HIT it Jackie!!

🎭 Every company is an NFT company

For big companies, dropping NFTs just got hella easier thanks to Salesforce.

Salesforce sounds like the most boring name of a company evaa.

Wtf is Salesforce? A buncha Byju's employees tryna sell a course? 😲

But Salesforce is HUGE:

• over $150k customers

• market cap of $220 billion

• annual revenue of $22 billion

And Salesforce is getting into web3 — by launching 2 products to help companies create and drop NFTs to their customers.

Ya’ll have heard of B2B2C. This is B2B2C2D.

B – Business (Salesforce)

B – Business (The company that wants to launch an NFT)

C – Customer (The customer that wants to buy an NFT)

D – Degen (The customer that becomes a degen by buying the NFT, eventually apes into a buncha projects, loses all their life savings and ends up broke af)

Enough oversharing 😭

Salesforce is launching 2 NFT products:

1️⃣ NFT Management

It’s kinda like a no-code drag-and-drop tool for brands to create NFTs collections and deploy them on the blockchain of their choice.

2️⃣ Web3 Connect API

API = All Panni Intake ❌

API = Application Programming Interface ✅

API = A way to integrate new applications into existing software systems.

New applications = ☝️ NFT Management tool

Existing software systems = Salesforce’s Customer 360 tool which is kinda like a company’s complete data management suite.

Some companies that use Salesforce’s Customer 360 tool:

📱 Apple: The company that now owns one of my kidneys

🥤 Coca-Cola: The company that Cristiano Ronaldo hates

🌐 Microsoft: The company that I’ve said NO to over 1000 times when it asks me to switch my default browser to Internet Explorer.

There's only 1 thing I use Internet Explorer for:

These companies ☝️ will be able to:

Create NFT collections → Integrate them with their product → Sell them to customers → Receive data to their Customer360 tool

And this is all without any additional tools or softwares.

But what kinda companies will actually use this?

Will Apple or Microsoft drop NFTs soon? If so it’ll either cost $1000 and a human organ, or it’ll come with Internet Explorer downloaded. Either way, I DON’T WANT IT!!

Salesforce is going after → B R A N D S.

What kinda brands?

⚽️ Sports brands: Like franchise sports teams dropping NFTs in the form of digital trading cards, loyalty customer tickets NFTs for merch or exclusive access

👗 Fashion brands: Brands creating clothing and accessories for the metaverse and digital avatars

🎮 Gaming brands: Companies with strong gaming brands that wanna create in-game assets as NFTs

Doodhwala’s take:

We’re hella excited about this. But we have 1 reservation. Not the kind that’ll help you get into a college tho. 🤣

Reservation = Will big companies actually drop NFTs on public blockchains? And will they add kewl utilities or just use it to generate some 💰 and then move away?

Eh we don’t really know.

One thing we do know is – we’re never buying an Internet Explorer NFT eva, it’ll take forever to mind. 😩

🤝 Meetupswala: The Easiest Place To Find Web3 Events

What's worse than finding a house for rent in Bangalore?

Finding web3 events near you.

Most websites either have:

• too many web2 (read: boring) events

• too few web3 (read: free food) events

That's why we built a one-stop solution for all your web3 meetup needs.

Check out Meetupswala (by the doodhwala), a single website for you to:

Find web3 events 🤝 List web3 events 🤝 Create FOMO about web3 events

🔥 GPT-4 is here. More AI Tokens Incoming?

OpenAI dropped yet another version of its MOST powerful AI engine. 🚀

GPT-4 is supposed to be 10,000 times more powerful than GPT-3!

As awesome as this is going to be…it’s time to brace ourselves for the worst. 😬

👉 Terminator-style AI takeover?

No, worse…

👉 Insufferable Twitter threads like this?

“ChatGPT-4 is 10x more powerful than ChatGPT-3

But most people don't know the best ways to use it.

That's why I built this 150+ branding prompt template.

And for the next 24 hours, it's FREE!”

NO. EVEN WORSE!

👉 We are talking about Chelsea-winning-only-3-times-in-2023-after-spending-close-to-$600-million-in-transfers kinda worse. 🥲

Yup. We are talking about the AI Token pump! 😭

It has been less than 24 hours since GPT-4 launched and AI tokens have already shot up 25%. 🤦‍♂️

Seems like GPT-4 launch is really crap for the crypto bros but good for the pump and dumpers. 🤷‍♂️

Some of the top tokens pumping are:

• Fetch.ai (FET)

• Numeraire (NMR)

• SingularityNET's (AGIX)

• Ocean Protocol (OCEAN)

And don't forget doodhwala’s very own Skynet Systems $SKYD (we’re really excited about it! 😎)

But the question is…is this AI narrative legit? 🤨

Or is it all smoke?

To analyse this we need to take a look at “Smart Money” wallets.

Smart Money? 🤓

That means it’s not my wallet for sure. 😭

And the trend is that almost none of the Smart Money wallets have invested in the current AI trend.

Does that mean all of these AI projects with a token are 💩?

Not necessarily.

Few projects are trying to integrate crypto to AI meaningfully.

For example, Ocean Protocol is trying to figure out ways in which data can be shared and monetized without compromising privacy. 🚀

But in the end, it all comes down to finding the product-market fit.

If the projects offer enough value to find a market for their product, smart money will come.

And the AI narrative will actually have some weight behind it. 🔥

Until then…we’ll just have to bear through the insufferable Twitter threads. 🥲

📈 Chaach and Charts: Winner: USDT vs USDC

Wars.

Crypto is full of ‘em.

🥇 Bitcoin vs Ethereum.🐶 Dogecoin vs Shiba Inu.☕️ Coffee drinkers vs Chai drinkers.

But the one war we’re keeping an eye on is the – stablecoin war.

🎙️ Bruce Buffer's VOICE ON

In the 🟢 green corner, standing at $74 billion strong, weighing in a price of $1, we have:

“US — can’t prove my reserves – DT”

In the 🔵 blue corner, standing at $37 billion strong, weighing in a price of also $1 but over the weekend dropped to $0.89, we have:

“US — my reserves are stuck in banks – DC”

🎙️ Bruce Buffer VOICE OFF

USDT vs USDC has been at it 🥊 as the two largest stablecoins, with USDC closing the gap. But in the past 3 months, Tether or USDT has caught up.

Market caps of USDT vs USDC:

🗓️ December 2022:

USDT → $65 billion

USDC → $45 billion

🗓️ March 2022:

USDT → $75 billion 🔺 up 15%

USDC → $37 billion 🔻 down 17%

Does this make USDT stronger? For sure. But does this mean USDC is weaker? Our normie friend doesn’t think so.

🛠 Resourcewala: How Does Bitcoin Get Its Value?

Bitcoin price has been PUMPING hard. 🔥

Especially over the past couple of days.

One bank’s crisis is Bitcoin’s opportunity to PUMP. 💰

But WHO tf decides how much the price of Bitcoin should be?

Satoshi? Vitalik? Don’t tell me it’s the government. (What a twist that would be 🥲)

Today’s resource talks about how Bitcoin actually gets its value: 👇

• Fiat and Bitcoin relationship

• Bitcoin’s supply and demand

• Government and Bitcoin relationship

And so much more! 🚀

Chegg it right now 👇

🍼 Doodhshots: The $20 Million Deal

• 🥲 Another Day, Another Hack: A hack has cost Poolz Finance around $390,000 on the Binance Smart Chain and Polygon.

• 💰 Good Deal? Euler Finance, the protocol recently hacked for $200 million, offers a deal to their hacker— keep $20 million and return the rest or face the law.

• 🔥 Burn Continues: A total of $723.5 million was sent to a null address and burnt in what was the biggest USDC redemption on record.

• 🔒 Privacy Restored: Metamask addresses privacy concerns with new features that allow a user to manage which servers are able to receive their IP address.

• 🚀 Daddy Dominance: USDT is slowly regaining dominance over the stablecoin market with over 57% market share after the USDC debacle.

🤣 Milky Meme Of The Day

If you want more doodh then, be sure to follow our Twitter, our LinkedIn, and our Instagram.

That’s all for today bhaiyo aur bheno! Naale Sigona! Aakash "Dahi Cheeni" Athawasya & Arvind "Doodh Peda" Krishna

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.