Web3 Layoffs, Partnerships, and What to Expect in 2023

Since I’m traveling this week, I’ll keep this short. But I did want to put something out.

TRON DAO has joined the Enterprise Ethereum Alliance. 5 reasons DAO projects stagnate. How about lousy governance?

The Octopus Network is laying off 40 percent of its 30-member staff. No surprise here.

The most expensive NFTs of 2022. DeGods and y00ts are dropping Solana like a bad date. The NFT projects are heading to Ethereum and Polygon instead. Yeah, but Pudgy Penguins rallied to an all-time high. You know, I can respect an NFT that goes by the name of Pudgy Penguin.

Is crypto beginning to look like just another financial instrument?_ Absolutely, and in a few years, that’s all anyone will consider it to be._

Will 2023 be the year metaverse tourism takes off? Not likely. The metaverse has to get off the ground first.

Interview: Why Web3 needs big data analytics.

The Argentine Football Association partners with Upland. In Argentina, football is soccer.

Occam DAO partners with Velas Blockchain. A marriage made in limbo.

How to communicate the ROI of Web3 to end users.

Is TokenProof making Web3 safer?

The folks at Mastodon don’t like capitalists, unless they have moneros. Interesting. Thanks @hiro-hive for the screenshot.

@fingeru discusses the challenges of Web3 on Hive. _Some of the commenters think there isn’t enough porn. _@sammyhive has his own take on Web3’s challenges. @catharsis adds to the discussion. @elentiyaroberts has a list of challenges, as well. There must have been some kind of challenge on Hive for so many bloggers to write about this topic at once. Such a challenge is not uncommon on Hive as members of the community are great at encouraging one another in discussions.

@acesontop calls for a boycott of Opensea. That’ll fly like a lead kite.

@spickrecords tells you how to mint your own music on @blocktunes._ Remember, it took over a decade before podcasting took off._

@daniky discusses aspects of Hive not to be overlooked as an author. Written as a bilingual post, and very well done.

In terms of Web3 social media, I predict that when it does pick up steam, people will flock to centralized projects for the silliest benefits and completely ignore projects that deliver the benefits of decentralization. It’s a human race thing.

@carpemeridiem shares lessons learned this year from playing @splinterlands.

@leogrowth discusses his 2023 goals for Leo Finance.

Luke Fitzpatrick discusses the best Web3 social media platforms for 2023. Another nonsense list. No mention of Hive or Leo Finance, and Lens Protocol isn’t even off the ground yet.

Publish0x introduces a new token for tipping, and introduces a meme creation contest to juice it up.

What to expect from Web3 gaming in 2023. What’s trending in Web3 for 2023. Nothing new here.

Top Web3 projects to watch for next year. Web3 sectors to keep an eye on.

Snark and commentary are in italics. Inclusion of an item doesn’t mean I agree or endorse the ideas presented. Of course, it also doesn’t mean I don’t.

Happy New Year ya’ll!

Cryptocracy is a decentralized newsletter published several times a week. I curate the latest news and crypto analysis from some of the brightest minds in crypto, and sometimes offer a little insightful and snarky commentary. Always fresh, always interesting, and always crypto. Original articles on Fridays.

First published at Cryptocracy. Not to be construed as financial advice. Do your own research.

Image credit: @hiro-hive on Hive