This Week in Signal Teams — Tezos, Basic Attention Token, Injective
Every week we comb through hundreds of FTX Signals to bring you the most significant team updates with brief analyses to help you understand the latest developments in blockchain.
Macro Crypto News This Week
- Crypto Prices Plunge, Wiping Out August Gains
- Euro Zone Inflation in July Hit a New Record at 8.9%
- Houston Texans First NFL Team to Accept BTC for Single-Games
- Hyundai’s Investment Business to Add Bitcoin and Crypto
- Brazil’s XP Brokerage Launches Bitcoin to 3.6M Customers
- Argentina’s Capital, Buenos Aires, to Run Ethereum Nodes in 2023
Top FTX Signals This Week
- Emergents Trading Card Game Goes Live on Tezos
- Brave Wallet Launches Support for Solana on Mobile
- Injective Launches Wrapped Private Version Called Secret INJ
Emergents Trading Card Game Goes Live on Tezos
“Join us for TezTalks LIVE Brian David-Marshall, President of InterPop. InterPop is forging the future of digital fandom with comic, game, and collectible NFTs minted responsibly on the Tezos blockchain. Let’s celebrate the Public Beta launch of the highly anticipated Emergents Trading Card Game.”
— Amer Justice, Community Director
Summary
- Interpop is a subsidiary of TQ Tezos, which is building a fan community in the digital space. It employs people from DC Comics, game developers, and professional Magic: The Gathering players. Together they’ve created the superhero universe of Emergents, released over a hundred comics about them, and developed the Emergents collectible card game.
- Emergents TCG is a Tezos blockchain-based Trading Card Game that gives players the ability to own their own in-game items. Comics with the Emergents’ backstories and key characters can be read for free. The rest have to be purchased for dollars or tez.
- Not only does the Emergents TCG tap into a growing universe of rich storylines to create an exciting player experience, but it also leverages the power of the Tezos blockchain to turn cards into digital collectibles.
Significance
This marks a major step forward into gaming for Tezos. Blockchain technology gives users the advantage of complete ownership and control of their cards. Players can trade the cards, sell them, and track their history utilizing the Tezos blockchain.
Price at the time of FTX Signal: $1.83. View XTZ on FTX.
Brave Wallet Launches Support for Solana on Mobile
“New in Brave v1.42: Brave Wallet now supports Solana on mobile, enabling users to store & send SOL tokens on Android & iOS!”
— Jennie T, Director of Community and Partnership
Summary
- Brave recently introduced Solana support to its desktop users with the built-in crypto Brave With the new Brave version 1.42, they are extending support for Solana to Brave Wallet on Android and iOS — bringing the speed and low fees of Solana to all our users.
- With the new Brave Wallet, mobile users can now create a new Solana wallet, import an existing Solana wallet or send and store Solana (SOL) and Solana Program Library (SPL) tokens.
- In coming releases, Brave will add more features for Solana on mobile, including DApp support, SPL token swaps, and simple fiat-to-crypto on ramps for convenient purchases on-the-go.
Significance
This move furthers Brave’s mission of making Web3 easily accessible to all and it marks the first time that Brave Wallet on mobile has offered support for a non-EVM chain.
Price at the time of FTX Signal: $0.41. View BAT on FTX.
Injective Launches Wrapped Private Version Called Secret INJ
“The wrapped private version of $INJ called Secret INJ (sINJ) is now live with the help of our friends Secret Network!”
— Eric Chen, Co-Founder
Summary
- The wrapped private version of $INJ called Secret INJ (sINJ) is now live with the help of Secret Network. This enables private balances and private transfers of INJ for the community.
- As part of this initiative, an IBC bridge between Secret and Injective has been launched on the Injective Hub.
- sINJ dApp integration has also started this week.
Significance
This integration with Secret Network brings new utility and increased privacy to Injective. Providing privacy-focused dApps can further help in reaching a larger subsection of potential users and investors.
Price at the time of FTX Signal: $2.00. View INJ on FTX.
Quotes of the Week:
“Bitcoin offers hope for a better future. Price action aside, it continues to enforce a predictable monetary policy and offers economic sovereignty for all. When the wave of fiat arrives, it will protect hodlers from the flood, just as it does in Argentina and Turkey today.”
— Stack Hodler
“If you want to change the world, don’t protest. Write code!”
— Hal Finney
“BlackRock will create a “demand shock” in Bitcoin.”
— Anthony Scaramucci
Chart of the Week:
Bitcoin Realized Price is the value of all bitcoins at the price they were bought, divided by the number of bitcoins in circulation. This gives us the ‘average cost basis’ at which all bitcoins were purchased. So unlike the current Market Price, which tells us the price of $BTC right now, Realized Price tells us the average purchase price of all bitcoins in circulation.
The Bitcoin price has broken back below the Realized Price after 23 consecutive days above the market cost basis. Realized Price currently sits at $21,700, reflecting the aggregate acquisition price, valued at the time coins last moved on-chain.
Thanks for joining us and we look forward to bringing you our top FTX Signals again next week.
Jason Hamlin
Ecosystem Insights @ FTX
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