Welcome to the Rally Digest, a weekly round-up of everything that’s happening around Rally.
It’s now easier than ever for anybody to join the $RLY community and play a role in governing the $RLY network. Over the past two weeks, Coinbase.com, Coinbase Pro, Coinlist.co, and Coinlist Pro have all enabled $RLY trading. This means that anybody with a Coinbase or Coinlist account can easily purchase $RLY using either crypto, a credit/debit card, or bank account and begin participating in the $RLY community today. Additionally, users in most jurisdictions can also use Coinbase or Coinlist to convert their $RLY to US Dollars. Learn more here.
This week’s digest features RaptorsRepublic.com blog and how the $RAPS coin fits into their community of rabid Toronto Raptors fans. With the 2021 NBA Draft just around the corner (July 29, 2021), the team set out to make the most of the $RAPS coin experience for their community. They’ve coordinated three offers for $RAPS holders both local to Toronto and those HODLing $RAPS around the globe
Rally founder Kevin Chou highlights how crypto market fluctuations impact creators looking to get into crypto for CoinTelegraph
- Jeremiah Owyang ($JOW) appeared on Mint, a podcast from Adam Levy about the intersection of crypto, creators, and community. He discusses the rise of social communities and his outlook on social tokens.
- Crowdfund Insider published an article about Coinbase listing $RLY
Mark Zuckerberg announced last week that he’s planning to turn Facebook into a “metaverse company” within five years. While details remain thin on the ground, Zuckerberg says he’s committed to a vision of an interoperable metaverse. He says a metaverse will create “enormous opportunity” for creators and artists. Does crypto come into it? When asked about how Facebook will achieve interoperability, he name-checks the way cryptocurrency protocols are developed in a decentalized way in an interview with The Verge.
While Zuck thinks about pivoting Facebook from social media to the metaverse, maybe with some blockchain sprinkled in, Ethereum inventor Vitalik Buterin pushed the community building on the protocol to develop social-media solutions. Speaking at the EthCC conference in Paris last week, Buterin highlighted social networks using Ethereum wallets as log-ins as a use-case worth reaching for.
The Defiant’s Camila Russo interviewed Raoul Pal on his theses around Ethereum and social tokens. The macro guru is overweight Ethereum in his personal portfolio, but is “massively bullish” on social tokens.
Llama, the tool pioneering DAO treasury management, is developing a decentralized index fund called the Llama Diversified Index. The idea is to combine a bunch of different tokens into one instrument that will generate yield for community treasuries. It’s being built through the Index Cooperative DAO.
The social tokens community FWB hosted its second IRL party, on the sidelines of the EthCC conference in Paris. This time, it unveiled a new tool to help with ticketing using social tokens, called Gatekeeper. Here’s a thread on how it all works — with screenshots.