🛍️ NFTs coming to Amazon

PLUS: Polygon's 2023 growth driver 👉

Gm, this is the doodhwala, the only crypto newsletter you can brag to your friends about.

Check out that dude! He reads the doodhwala. OMG, so cool 😎

Here’s what we talkin about today:

  • 🛍️ NFTs coming to Amazon

  • 🏆 Everybody wants some DAOs

  • 📊 The Best and Worst ICOs

  • 📖 Trader sued for $47 MIL

  • 😂 Milky Meme Of The Day

It's FRIDAY fam, let's party 🎉

🛍️ NFTs coming to Amazon

Amazon.

The trillion-dollar company that you use to compare prices when you’re out shopping is getting into web3.

But it’s not crypto payments, it’s something completely different.

We don’t know everything, but like every nosy Indian aunty, we have some deets we wanna share with you:

What’s Amazon starting with?

Amazon is gonna start with what every degenerate starts with — NFTs.

Back in April 2022, Amazon CEO (not Jeff Bezos, some dude called Andy Jassy) said he wants to sell NFTs from the e-commerce platform.

Then in July, they wanted to hire someone for:

  • “Digital Currency and Blockchain strategy” and

  • “Unfunny Crypto Newsletters.”

We applied to both, but never heard back from either. 😢

Now, people at Amazon are indicating they the wanna bring NFTs to the e-commerce site as early as April 2023.

But how it plans to integrate these non-fungible tokens is not confirmed. 😕

So, let’s break out the ☕️ and 🍪 and discuss:

One way is → NFTs as rewards to play crypto games.

Games?

On an e-commerce site?

While reading the doodhwala?

OMG NO. 🙈

What are people gonna do?

🍬 Play Candy Crush while buying a diet cookbook?🍄 Play Smash Bros while buying baby diapers?🍓 Play Fruit Ninja while buying kitchen knives?

But seriously tho games 🤝 shopping is actually a THING.

Amazon’s Indian bhai Flipkart launched games waaay back in 2020 (still feels like yesterday lol) during the first Covid-19 lockdown.

DOODH Fact: Flipkart even launched “Flipkart Video” with cringe dancing from everyone’s least favorite Student Of The Year – Varun Dhawan.

People had nothing to do + Flipkart needed to engage users = Games 💡

Now, Amazon wants to do the same.

Amazon wants customers to play crypto games to claim NFTs while adding products they’re never gonna buy to their Wish List. 😭

(Self-affirmation: I will def get that PS5 one day!!!)

What does Amazon wanna do next?

Giving NFTs to users is one thing, giving them value is another (about 99% projects miss the second v v important bit).

Here are some questions to consider Jeff:

  • Are these NFTs gonna give users discounts on Amazon?

  • Will Amazon launch a marketplace like Instagram?

  • Are these NFTs on-chain collectibles?

  • Why am I reading the doodhwala?

😮‍💨…soo many questions…😮‍💨

Doodhwala’s take:

For a trillion-dollar company to integrate NFTs, especially on a public blockchain (not a private no, GOD no) would be hella cool.

This could be a completely separate product within Amazon and allow it to expand from physical goods retail → digital goods retail. 💡

🎮 Gameswala: Picture Pandit

Guess who’s this Gamer, CypherPhunk and most importantly he would have been a fan of Doodhwala 😭

The first recipient of ₿Bitcoin (can’t get more OG than this!)

(answer at the 👇 bottom👇 of the email)

🏆 Everybody wants some DAOs

We are amidst a new pandemic right now.

It’s the “Join our DAO!” pandemic! 🤦‍♂️

Everywhere you go, everywhere you see, people just rushing to you with their DAO idea and asking you to join.

“We’re a community of doodh drinkers with no lactose intolerance. Come join us!” 🍼

First of all…what’s a DAO?

A DAO is a decentralized autonomous organization. It is a new way to organize people and the tokenholders of that DAO can participate in the management and decision-making of the DAO.

So why is every Ramesh, Suresh and Mahesh building a DAO? 🤨

Because it's never been easier! 😎

Yup!

There are so many DAO tools that exist that make the process of organizing people with similar interest launch a community with tokens! 💰

Some of the top tools right now are:

  • Syndicate

  • Aragon

  • Colony

  • DAO Haus

  • Zodiac

Just in the last month alone, over 4500 DAOs have been created using Syndicate! 🔥

And the total number of active DAOs created with Syndicate is 31.5k 🤯

To give you some context, Colony, in second place, has just around 11.5k DAOs created!

Clearly, Syndicate is dominating this market like Amul in the doodh market. (doodhwala take over coming soon 😎)

And on which network are these DAOs being created on?

Let doodhwala’s Polygon correspondent, Sandeep Bhai, tell you that:

There are over 19k DAOs that exist on the Polygon network! 🟣

This makes it the preferred network for DAOs over:

  • Ethereum

  • Gnosis

This DAO phenomenon is a great sign that people are opting for more crypto-native ways to create communities and push towards a common mission.

The usual route has been creating LLPs and raising funds from investors, which is a huge burden and painstaking process.

But now, communities can fund the mission they truly believe in. 🔥

And this is all thanks to more user-friendly tools and developer ecosystems! 👏

This is a positive net good for crypto, communities and doodhwala ofc (we get to write about this! 🤷‍♂️)

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💥 Plinth- India’s first Web3-focused college fest!

Colleges are evolving pretty fast.

But probably none faster than LNMIT, Jaipur. 🤷‍♂️

Why? Do they let you skip classes without attendance?

Probably not THAT evolved yet. 😅

But the students are bringing web3 🤝 college and through PLINT, a web3-focused college fest 🔥

Yup, you read that right.

There’s gonna be TONS of super fun events like:

  • DeFi Hours

  • Web3 Gaming Hours

  • Shark Tank startup pitches

  • Unlimited doodh drink-a-thons

And so much more!

So if you are in 💕 The Pink City 💕 between January 27-29 drop by and be a part of web3 history! If you aren’t there, then WHAT ARE YOU WAITING FOR?!?

👉 Register here.

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🛠 Resourcewala: Web2 Devs Aapne Suna Nahi?

Are you a developer looking to get into the world of web3?

But you don't know where to start? 🤨

We, at the doodhwala, are all about providing you lovely doodhs & doodettes, a platform which has a buncha:

  • books

  • guides

  • courses

  • starter kits

  • coding challenges

They ☝️ are made to help people like you 🫵 get a solid understanding of the Web3 ecosystem

Start building dem Dapps! 🔥

What are ya waiting for? 👀

📊 Lassi and Lists: ICO returns, some 🚀 some 💩

Ethereum. Cardano. Solana.

What do these ☝️ 3 have in common?

For starters, people treat them as religions on Twitter.

But seriously, these blockchains have all had ICOs aka initial coin offerings, yup that scary term that 2018 crypto bros throw around all the time. 😰

Here’s how they started:

🥇 Ethereum ICO → $0.31 per ETH🥈 Solana ICO → $0.22 per SOL🥉 Cardano ICO → $0.0024 per ADA

So are these the most profitable ICOs? Well, take a look 👇

🍼 Crypto doodh shots: Babe, It’s Time to Move To Arizona

  • 📜Bitcoin’s Back Again: Arizona takes a bold step with a new bill to make Bitcoin legal tender

  • 🚗 Tesla, The Hodler: Diamond hands Tesla holds onto $184 million in BTC, despite a 34% dip in the previous quarter.

  • 😡 Everyone’s screwed: From Google to Meta, and Amazon and Apple, big companies were all duped by SBF and FTX

  • 🟠 ChatGPT Orange pilled: This Bitcoiner just convinced AI to adopt Bitcoin over central bank currencies.

  • 🥭 Man-gone: Remember that trader who manipulated the Solana DEX Mango Markets? He just got sued for $47 million.

😂 Milky Meme Of The Day

💰Answer💰

 Hal Finney 

Let us know what you think 👇

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.