NFTs and Metaverse with Nick Saponaro and Steve McGarry

The DIVI Crypto Podcast

Today on the DIVI podcast, Ryan and Steve discuss some of the changes over the past four or five years in crypto, and the divergence. In the beginning, there was a decentralized path. Now, there are huge custodial and DeFi plays happening. The different perspectives are leading to the maturity of the crypto industry. With the restructuring of not only the personnel of DIVI, but the legal framework, in order to be fully decentralized, to look good from a legal perspective, to be positioned for a Series A, and to start the larger partnerships, allowing for access to opportunities that had previously been out of reach. The DIVI wallet launched earlier in 2021, allowing for staking with just one DIVI from your cell phone. With more staking, DIVI is close to one billion coins. Upcoming features in 2022 include fiat on-ramp and crypto swaps. Crypto swaps will be a prerequisite for the DeFi initiative, swapping tokens in the wallet itself. With the rise of NFT projects, Crypto MoonBoys, and Darren Cullen, who is also behind Graffiti Kings. While he started out with graffiti as vandalism, he now devotes a lot of resources to helping kids in need get into various arts and crafts. There are a number of funds taking interest in Play To Earn, which has some subtle differences from Play And Earn. The collectible art toy world is crossing over into the Metaverse, with games being a natural part of it. This is just the start of the dominance of NFTs. With the Metaverse rising, not only will users be able to share text, as well as audio and video, but will be able to feel. The Sandbox may be a winner in the MetaVerse, and an ongoing virtual meetup, Sandstorm, is held for The Sandbox. Sandstorm aims to help promote the various unsung heroes who may not receive as much coverage. With the high gas on the Ethereum Blockchain, some are looking at Wax as an alternative for NFTs. Part of the problem on Ethereum is the Miner Extracted Value, where miners can front-run transactions, as well as use sandwich attacks, and steal the profits for themselves, or otherwise manipulate transactions. In many instances, the gas prices alone can raise the overall cost of a transaction by two or even three times. For example, a $100 NFT had a gas fee of $250. In order to address gas fees, alternatives like L2 or side-chains, like Polygon, are growing in demand. To learn more about some of the projects mentioned in this episode, visit: https://cryptomoonboys.com/ https://r2-graffitikings.io/ https://sandstormmeetup.com/ -- DIVI is creating the world's first closed-loop, vertically-integrated cryptocurrency ecosystem. Much like Apple's ecosystem is anchored by iCloud, the DIVI Project blockchain serves as the core of the DIVI network of technologies. Thanks to a keen understanding of the divide that separates the mainstream from the crypto world, the DIVI team is able to create solutions to the industry's biggest problem: adoption by non-technical users. DIVI's user-friendly, one-click solutions aim to bring blockchain-based payments into modernity with great UX. In this podcast, we will cover all aspects of cryptocurrency, hot topics, and technology as worldwide adoption grows.