Crypto Trends
A summary of the crypto trends for the week.
July is the month of Prediction Markets
Augur V2 is launching at the end of July, with Omen.eth having just launched.
NFTs approaching $100 million sold
Before DeFi there was NFTs. We are approaching $100 million sold:
Though we need Layer 2 scaling for this category. I’m optimistic that it is coming soon™.
Even during network congestion (40 Gwei as I write this!! https://www.ethgasstation.info/) the transactions keep happening:
https://etherscan.io/tokens-nft
It is an important category for growth among the wider community. It is also a reminder that I still need to get myself a Crypto Punk, though I do have a bunch of Crypto Kitties controlled by a key in a hardware wallet and this cool cat.
MetaMask version 8
MetaMask version 8 is rolling out (though I don’t have it yet). Improved privacy control, new UI, for developers there is encryption, (MetaMask) onboarding, ERC-1193 Provider API and finally LavaMoat.
For detailed news see: Week in Ethereum News, EthHub, The daily GWEI and What’s New in Eth2
*Archive: Crypto Trends
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Finally
Harry of MyCrypto for the win in this cautionary tale of scam apps.
I generally recommend not having keys control USD$50 worth of value in a mobile wallet.