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- How to be a top 0.1% er … (Even if you’re Joe or Jane average) + BIIIIIIG announcement pending 🔥
How to be a top 0.1% er … (Even if you’re Joe or Jane average) + BIIIIIIG announcement pending 🔥
🍃 Time for Carbon Credits … At the Copa, CopacaCrypto … and PayPal Launches Stablecoin: Revolutionary or Risky? … 🎲
Nahin Talhah
August 15, 2023
🍃 Time for Carbon Credits … At the Copa, CopacaCrypto … Roster BIG announcement… and PayPal Launches Stablecoin: Revolutionary or Risky? … 🎲
What’s up Web3-ers.
In today’s issue, we’re diving into:
Venom’s latest move signals there’s ample appetite for a carbon credit system out in the Middle East.
Brazil launches “controversial” CBDC.
PayPal users rejoice … You can now buy and sell in crypto.
How to be a top 0.1% er, and get the best deals, the swankiest seats and exclusive opportunities, even if you’re not a celeb.
We have a BIG announcement…
SUCCESS PRINCIPLE LESSONS #110
Each week we decode one of the key Web3 principles giving you the inside track on what makes a successful Web3 strategy.
This week’s principle… Access
Do you ever go rock up to a restaurant on a Saturday night at short notice, hoping to grab a table, only to be told - “Sorry, we’re full.”
 | It’s annoying. Especially because you know, if you just knew the right people, you’d be whisked through to the best table in the place, without saying a word. |
Or how about when you’ve paid hundreds to go to a concert or sporting event, only to end up freezing your proverbials off, sitting behind a pillar, just about able to see the tiniest bit of action by craning your neck 90 degrees, and squinting right off into the distance …
Yet you can spy the corporate hotshots — who most likely had a backstage tour and tickets to the afterparty — sitting in their heated box, sipping complimentary champers, having not paid a penny for entry.
As frustrating as that is, it’s all about one thing - Access. And those in the top 0.1% are the ones who get access.
Or at least, they were the ones who got access.
Access in Web3
Web3 stands to change that, with blockchain tech and NFT’s providing a verifiable way to ensure almost anyone can have access to private backrooms — both physically and digitally.
 | Just one example is the FlyFish Club, an NFT gated top tier seafood restaurant in New York that serves the holders of their NFT’s exclusively. |
These NFT’s are so highly sought after they sold out on release. They’re currently going for around 2 ETH or $3700 for the lowest tier of entry, with the higher going for 5.5 ETH or over $10,000.
Okay, that’s still a lot of dough … But at the same time, plenty of lower cost exclusive access opportunities are emerging. This is just another reason why getting in on the ground floor with NFT projects might not cost you a lot now … But could give you “celebrity” status and unparalleled access a few years down the line.
Now, on with the main event …
ROSTER ROUNDUP
Each week we like to give you a little insight into what’s going on behind the scenes at Roster HQ.
One big story is now out…
Roster Mini MBA in Web3
We’re live… (whoop!)
Sweat (and a many, many happy tears) have been poured to get our course website and syllabus out into the wild. The first course has now been released, and is available to pre-book! 🎉 Dive into a treasure trove of course specifics, pricing, esteemed presenters, and comprehensive modules, all accessible on our website. Lock in the date: October '23 marks the grand course start date.
And here's the pièce de résistance: You, our cherished trailblazer and loyal reader are in for an epic treat. A colossal THANK YOU awaits, wrapped in an exclusive course price offer tailored just for you. Keep your eyes (and inbox) peeled for an offer coming your way very soon!
 | If you want access to all the course details, why not head over to our website and download the Course Brochure, be the first! |
TIME FOR CARBON CREDITS
The United Arab Emirates has long been pioneering greater transparency and reliability in increased carbon management, and their new partnership with the Venom Blockchain is testament to this.
Venom blockchain itself is carbon neutral, so this seems like the obvious partnership to help the UAE meet its ambitious targets of lowering carbon emissions 40% by 2030.
The deal was sealed when Venom announced the signing of a Memorandum of Understanding (MOU) with the UAE government to create and deploy the National Carbon Credit System.
Not only does this further cement the UAE’s position as a leading driver of Web3 technology, but it’ll no doubt help Venom, who are on a mission to onboard a billion users onto the blockchain and transform the financial landscape before 2026.
AT THE COPA, COPACACRYPTO
What do you get when you combine the words "digital," "real," "electronic," and "transaction?"
The answer … DREX.
(Yeah, we’re not sure on that one, either!)
Like it or lump it though, this is what some brainy Brazilian boffins have decided will be the name of the country’s new central bank digital currency.
Set to launch in 2024, DREX is expected to utilise distributed ledger technology (DLT) for wholesale interbank transactions and tokenised bank deposits for retail access.
Chief of cybersecurity at the Central Bank, Aristides Cavalcante was quoted as saying DREX should make financial products and services cheaper, while offering greater security for entrepreneurs and consumers.
PAYPAL LAUNCHES STABLECOIN: REVOLUTIONARY OR RISKY?
Last week, PayPal became the first major US financial company to launch its own dollar-backed stablecoin.
Where most cryptocurrencies get their value based on how much traders are willing to pay for them at a given time, stablecoins are backed by a physical asset like fiat currencies, or gold.
The coin (innovatively named ‘PayPal USD or PYUSD for short) is redeemable at a 1:1 rate with US dollars.
Existing PayPal users should find the integration of the coin seamless, while new users to the platform will be able to take advantage of a low barrier to entry if they want a piece of the digital currency space.
The move is sure to increase competition in the stablecoin market, and will likely prompt regulatory discussions, as the financial world adapts to the emergence of innovative digital assets.
☎️ READER REQUESTS
Every week we pick one lucky reader’s question, and give you a full rundown here. Today’s request comes from Connor who wants to know…
“What’s the significance of digital identities on the blockchain?”
Whenever you’re browsing a social media platform, either from a networking standpoint, or when looking for advice, you don’t have much choice but to take people at face value, and assume they know what they’re doing.
For the most part, when it comes to things like qualifications, experience, and even testimonials, no one’s going to ask for verifiable proof whether you are who you say you are. But that can lead to big problems …
We’ve all seen the fitness “expert” who doesn’t really know what they’re doing … The financial guru who couldn’t be trusted with 50 pence … And even people advising on topics as serious as health and disease, who have little more credibility than just a big following and some fancy videos.
That’s where Blockchain can save the day.
By completely eradicating the ‘fake it til you make it’ imposters, we can allow for social profiles and digital identities to become elevated by publishing qualifications, experience and other relevant information.
This means your digital identity carries along with it the badges of your past competencies. In other words blockchain tech lets people trust what they see online again.
In other words … **So long, scammers!**THAT’S A RITELIST (W)RAP …
We always love hearing from our readers …
So if you want to reach out with a question, comment, or a suggestion for the best gluten-free baked goods, or what to watch on Netflix (nothing too scary though please,) just hit reply to this email, and we’ll get right back to you.
| Alternatively, if you want all-hands access to our Mini MBA in Web3 download our 2023 Course brochure below. |
Until next time…
