Cover photo

Newsletter #3: AO Mainnet Hype, DeFi on the Rise, and Bazar Collections Gain Momentum

Alex

Alex

Happy Friday, everyone! There’s been a lot happening in the Arweave and AO ecosystem recently. Here’s a quick roundup of what’s new.

Arweave Update

For daily updates on Arweave, check out Arweavehub Today.

Bazar Spotlight

Bazar usage spikes

Activity on Bazar has been climbing, driven by the increased trading in collections like Dumdumz, Meka Humans, and AO Hood Rats as well as key UX updates with Vouch and Stamps.The anticipation for AO mainnet is also creating excitement throughout the AO consumer app ecosystem! Check out this dope hype video for mainnet.

Pixl trading gains traction

The Bazar (UCM) rewards token, Pixl, is seeing increased activity as wAR/Pixl trading pools are now live on Botega and Permaswap. This token is rewarded to Vouched users that maintain a daily buying streak on Bazar. Learn more about Pixl here. NFA

post image
PIXL/wAR trading pair on Dexi.

New collection dropping soon

AO Hood Rats creator, Eltio, is gearing up to release the Goddesses collection created with the popular HashLips Art Creator Studio.

What I’m Consuming

Blog

Memecoins are having a moment in AO, and this post gave me some context on the history of memes, memecoins and their potential future trajectories. While many criticize memecoins as apart of the "casino" side of crypto, there can actually be benefits to building a well-rounded online community. An insightful tweet from Arweave/AO founder Sam also adds depth to the discussion on memecoins.

Book

  • Notes from Underground - Fyodor Dostoevsky

"Shall the world go to hell, or shall I not have my tea? I say let the world go to hell, but I should always have my tea."

This book has me reflecting on the rational and irrational nature of humans. We often do inexplicable things, and sometimes there’s no clear reason why, hence memecoins. Overall, it’s a reminder to stay grounded and always enjoy your tea, even when the world seems to have gone crazy.

Wishing you a wonderful weekend and happy holidays!

-Alex


Header image by Shubham Dhage on Unsplash

Arweave TX

poz439W0XSy_9Ik6Z7Aq6WcrXR9hkqgGJOE1UOsF2Ys

Newsletter #3: AO Mainnet Hype, DeFi on the Rise, and Bazar Collections Gain Momentum