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sleepy.txt
@BeatingOfficial @BlockBeatsAsia @weirdoghostgang
I wrote an article about Do Kwon.
I have always felt that writing a person's story is more powerful than writing any industry report. Because in the ups and downs of a person, one can often reflect the desires and illusions of an entire era.
Do Kwon is such a typical example. A few years ago, he was the brightest star in the crypto world, young, confident, and arrogant, igniting the imagination of the whole world with an algorithmic stablecoin. A few years later, he stood in a New York courtroom wearing a yellow prison uniform, bowing his head in confession.
Writing this piece is not just to document his tumultuous life, but also to see through him and gain clarity about the entire industry. To understand how those fleeting booms were created and how they collapsed. The rise and fall of one person ultimately entangled the fate of countless ordinary investors in the biggest scam in crypto history.
Read the full article 👇

6,05K
We conducted an exclusive interview with @pudgypenguins CEO @LucaNetz.
Luca is probably one of the CEOs I admire the most in this industry right now. Perhaps because he has previously run a similar business, he understands the hardships along the way, how correct his various decisions have been, and the importance of those decisions.
Thank you very much to Luca for being very proactive in communication after accepting the interview invitation, and for sharing a lot of Alpha during the interview!
TL; DR
+ Regarding the profile picture change activity, "We did not organize this event, but we assisted them in customizing profile pictures to make this trend better.";
+ "If you feel like you missed out on Bored Ape in 2020 or 2021, you are just in time for the early stages of Pudgy Penguins.";
+ "We want to surpass Hello Kitty and Pokémon.";
+ "Many women have found a sense of belonging in the crypto world here (in the penguin community).";
+ "Our goal is very simple: we want to maximize exposure and let as many people as possible see Pudgy Penguins.";
+ "Our next partners are the top 100 companies globally, which is going to be very explosive.";
+ "In the remaining time this year, we will probably announce six major collaborations.";
+ "We are currently focusing on mainland China, Hong Kong, South Korea, Singapore, and Malaysia. In the next year, you will see a lot of our activities in these five places.";
+ "Our brand influence in the Web2 space is even greater than in Web3.";
+ "Pudgy's revenue is expected to reach $50 million this year; I plan to double that number next year.";
+ "I want to make Pudgy Penguins the Mickey Mouse of the internet age.";
+ "Games are not just something we should do; they are a key strategic means to make Pudgy Penguins a global brand.";
+ "All chains will eventually be commoditized at the underlying technology level; the blockchain itself has no moat; the only moat is the brand, users, and community.";
+ "I think many chains are built incorrectly; many are empty shells, following trends, and soulless projects.";
+ "Bringing Fun back to EVM, making Crypto a place that people truly find interesting again, becoming one of the most interesting corners of the internet.";
+ "Abstract may eventually have a token, but we are not in a hurry to launch it.";
+ "When Abstract officially issues a token, everyone should be able to clearly feel that this is a Top 4 public chain in the crypto space.";
+ "If you ask me if there is something in the entire Pudgy ecosystem that can represent everything we are doing for you to bet on, that would be $PENGU.";
+ "If you look at $SHIB and $DOGE, in my opinion, as long as $PENGU's market cap is still below theirs, it is undervalued."
Thanks to @jack_xiong137 for the interview and @0x35_kaori for the assistance in writing and editing ❤️
See the full interview content in the comments below 👇

63,11K
I knew you would come back, right, babe? But now that the day has finally arrived, my heart isn't filled with the joy I imagined.
It's like a rain that hasn't fallen in a long time; when it finally comes down, the soil has cracked and can't hold it. You stand in front of me, and what I see isn't a reunion, but the days you were gone. Those empty seats, the messages that were never sent, the dreams that keep me tossing and turning at night.
I say "right, babe," but my voice is so soft, as if afraid to wake something, actually afraid of waking up again in a day without you.

1,18K
Interesting,不是以太坊L2🤔

Feng Liu12.8. klo 10.26
A job posting has confirmed that payment giant Stripe is collaborating with Paradigm (Matt Huang is a board member of Stripe) to develop a high-performance blockchain called "Tempo."
Subsequently, Fortune magazine cited informed sources to disclose more information:
- Tempo is positioned as high-performance, focusing on payments;
- It is an L1 public chain (not built on other protocols);
- EVM compatible;
- Applicants for market positions need to have "marketing experience aimed at Fortune 500 audiences" (the target is clearly not crypto-native users).

1,01K
I'm very bullish on Hong Kong's stablecoin.
Because I knew from the very beginning that it is not for consumers, but completely for businesses.
Moreover, in countries and regions where electronic payments are advanced, like China, there is no need for people to use stablecoins for payments at all.
The potential for business-oriented stablecoins is enormous.
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