The R Roundup — Whatsapp Allow Crypto Payments In US — Issue #17
It seems “Facebook” changing the company name to “META” was the first step in the company embracing the endless opportunity which crypto powered products can provide.
Earlier this week it surfaced that Whatsapp are trialing “in-app cryptocurrency payments” powered by the Meta owned “Novi” wallet.
Those who may be knew to crypto may have no experience with the simplicity of sending crypto transactions however Meta have stated they want to “solve the challenges 1.7 billion adults face by being unable to engage with financial systems (sky news)”
Ideally exposing crypto payments to 2.7 billion active users can not be a bad thing for the space however many people have expressed their scepticism for engaging with centralised companies and organisations entering the space.
PrettyLittleThing “Apes” Into Bored Ape Yacht Club 🛍 x 🐒
In last weeks article we covered the dive into the crypto-verse with Adidas collaborating with popular NFT project ‘BoredApeYachtClub’ however, it doesn’t come with a surprise to see another fashion company enter the metaverse.
With the emphasis of a virtual reality growing, we are seeing many fashion companies position themselves in a position where they are prepared for mass adoption.
We can become desensitised to the importance of mainstream media accepting the principles of crypto however once again this opens the space to a complete new audience which will evidently result in new ideas.
Reserve Welcome McDonald’s 🍟
For those who read our beneath the surface dive into Reserve will not be surprised to see Reserve welcome a 10% cashback scheme with McDonald’s Margarita.
They mentioned how they were soon going to be announcing some large merchants and a few days later we saw the announcement of a scheme with McDonald’s valid untill 31/12/2021.
As a reminder this is not a trading signal, it is an opinion and each trader/investor should know and understand the risks attached with trading. At no point should this be regarded as financial advice.
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