The Crypto Times 0006 - FTX Takeover

No. 0006 November 9, 2022 : The sixth issue of The Crypto Times and this week we explore the implosion of the crypto exchange FTX and the financial shenanigans of Sam Bankman-Fried, Crypto's White Knight. The man who was bailing out failing Crypto Companies now needs his own Bailout. The Irony. Elon's Twitter is now charging $8 / month for a Blue checkmark, Art Gobblers floor is dropping but the creators of the project are still banking those 10% royalties on all sales. Wait, Royalties? Aren't all the exchanges ditching the royalty payouts to attract more sellers? WTF is going on in Web3? How quickly the founding principles are tossed aside when greed comes into play. Ah, whatever, artists need to empower themselves and not be reliant on marketplaces. 1600 x 1300 pixel png file. created by Nite Owl