From Disney’s journey to the metaverse to the NFT market value, Maconomics’ Ross Mac explored the latest headlines impacting the cryptocurrency market in the video above.
Transcription:
It looks like we’re one step closer to getting a virtual Mickey Mouse, while NASCAR is actually turning down some crypto sponsorship money.
YOUR YA BOY ROSS MAC AND THESE ARE THE BIGGEST CRYPTOCURRENCY STORIES ON Thursday in January. 6th
Walt Disney theme parks could be getting a digital update … the company received federal approval for a patent that will help Disney create its own metaverse in its theme parks and properties. Here’s the thing, visitors will be able to visit the virtual side of Disney parks with something like a handheld device and experience 3D animation, without having to wear a virtual reality headset. I like the sound of a virtual Micky Mouse that doesn’t have to go smoke cigarettes.
In 2021, nearly $ 41 billion worth of ethereum-based NFTs were sold according to research by Chainalysis. I’ll say it again … $ 41 billion … now I just bought an NFT and hopefully I’m probably too late to the party, but if someone is listening and wants to pay a stupid amount for it. … DM me pls … But here’s the thing, most of the transactions were under $ 10,000, however the richest 9% of NFT wallets have around 80% of the market value. Whales seem to be dominating the NFT space
Moving on to sports … NASCAR just turned down a crytp sponsorship of ‘Let’s Go Brandon’ … why? Because it turns out to be – an anti-Biden chant – LGBcoin, a cryptocurrency that has been promoted by right-wing commentators, wanted to sponsor a car driven by Brandon Brown, a driver who indirectly became the inspiration for the infamous catchphrase. . It seems Nascar is not trying to get too political here.
I’m Ross Mac and that was the Crypto Minute on TheStreet.
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