HomeCoinsRally (RLY)Rally Digest #55 (December 20, 2021) | by Kurt Patat | Rally.io — Social...

Rally Digest #55 (December 20, 2021) | by Kurt Patat | Rally.io — Social Tokens + NFTs for Creators

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Rally Digest #55 (December 20, 2021) | by Kurt Patat | Rally.io — Social Tokens + NFTs for Creators
Rally Digest #55 (December 20, 2021) | by Kurt Patat | Rally.io — Social Tokens + NFTs for Creators
Rally Digest #55 (December 20, 2021) | by Kurt Patat | Rally.io — Social Tokens + NFTs for Creators
Rally Digest #55 (December 20, 2021) | by Kurt Patat | Rally.io — Social Tokens + NFTs for Creators

Planned Outage:

A planned outage for the Rally.io website and API downtime window for site maintenance is tentatively set for January 24, 2022. Our sidechain infrastructure and API provider, Forte, will be undergoing an upgrade, which will require us to disable our services during this upgrade process. Downtime is expected to be less than 12 hours. We will continue to provide regular updates as we approach this date. Thanks for your patience and understanding.

Social Token and NFT Gift Guide:

Rally Digest #55 (December 20, 2021) | by Kurt Patat | Rally.io — Social Tokens + NFTs for Creators
Rally Digest #55 (December 20, 2021) | by Kurt Patat | Rally.io — Social Tokens + NFTs for Creators
  • Michael Jordan is now on Solana. The basketball legend is building a “platform built on Solana” that will “connect athletes and entertainers with fans”, Decrypt reported. The platform’s name is HEIR and it will consist of a token and NFTs. Sounds a lot like social tokens, if you ask us!
  • Reddit co-founder Alexis Ohanian is backing a $200 million fund with Polygon to invest in new Web3 initiatives, CoinDesk reported. Ohanian is already committing to a $100 million fund with Solana Labs to promote social media on Web3.
  • Speaking of Reddit, the social media platform has filed for an IPO, according to The Information. The firm was valued at $10 billion in its last private round of financing, and it has filed confidentially to go public.
  • One of the pioneering financial-media firms on Twitter, StockTwits, has raised $30 million in funding from Alameda Research, suggesting a new focus on cryptocurrencies, CoinDesk reported.
  • Nike acquired NFT studio RTFKT to “accelerate Nike’s digital transformation,” per the sportswear giant’s chief executive John Donahoe. RTFKT creates NFTs and physical goods with a streetwear bent.
  • Adidas is making a big push into the metaverse, according to Vogue Business. It’s partnering with premium NFT collection Bored Ape Yacht Club, NFT collector GMoney, and comic strip Punks Comics on its metaverse strategy.





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