🗓️🏗️ Hi, Cripconauts! The month of events and active building in web3 — which is September — is unfolding. On our part, we hosted an unbelievably 🆒 IRL event for WADE in Seoul, but first let’s see who’s hustling besides us in the industry.

Industry

💡📈 Let’s start with a fun fact. We bet you didn’t know that there are over half a billion crypto users in the world. 🤯 Now you know!

💂‍♂️🪙🧐 From September 1, 2023, crypto asset businesses in the UK will be required to collect, verify and share information about crypto asset transfers, known as the ‘Travel Rule’. According to the crypto Travel Rule solution provider Sumsub, “in the UK, there is no de minimis threshold, however there are particular requirements for transactions equal or exceeding 1,000 euros in value.”

UK's Travel Rule comes into effect, could halt certain crypto transfers

⛓️🗓️ On September 4–10, Korea Blockchain Week is happening in Seoul. Representatives of globally famous blockchain and web3 projects and even the Italian football star Alessandro Del Piero participate in it.

💳💱 Visa is one of the first major payment institutions to directly use USDC on the Solana blockchain for cross-border settlements.

Cuy Sheffield on Twitter: "1/ We are excited to announce that Visa has expanded our stablecoin settlement capabilities to merchant acquirers launching pilots with @Worldpay_Global and @Nuvei utilizing the Solana blockchainhttps://t.co/E0TjMO5xiH / Twitter"

1/ We are excited to announce that Visa has expanded our stablecoin settlement capabilities to merchant acquirers launching pilots with @Worldpay_Global and @Nuvei utilizing the Solana blockchainhttps://t.co/E0TjMO5xiH

🫂 Looks like TradFi adopts blockchain instead of fighting it. After all, stablecoin transfers on any blockchain are faster and cheaper than any SWIFT wire transfer.

Australia Senate Committee Rejects Crypto Bill From Opposition Senator Andrew Bragg

🦊🪙💳 MetaMask adds Sell functionality.

MetaMask 🦊💙 on Twitter: "We are beyond thrilled to announce our latest feature: Sell. Yes, you read that right. Available on MetaMask Portfolio, 'Sell' allows you to cash out your crypto for fiat currency easily. 🔗 Discover more at https://t.co/aaSgTswEMo pic.twitter.com/pJa1ZndLQA / Twitter"

We are beyond thrilled to announce our latest feature: Sell. Yes, you read that right. Available on MetaMask Portfolio, 'Sell' allows you to cash out your crypto for fiat currency easily. 🔗 Discover more at https://t.co/aaSgTswEMo pic.twitter.com/pJa1ZndLQA

👏 It means crypto is getting more user-friendly and less anonymous.

Legendary on Twitter: "BREAKING: MetaMask announces crypto-to-fiat cashout.You can withdraw to PayPal or your bank account. pic.twitter.com/PULjq3ghWh / Twitter"

BREAKING: MetaMask announces crypto-to-fiat cashout.You can withdraw to PayPal or your bank account. pic.twitter.com/PULjq3ghWh

🕐 5 minutes from start to end is quite fast, but still ≠ instantly. 🤔 Is it worth the 9% transaction fees? Will you do this if your assets are valued 7 figures in USD?

👍 Nonetheless, this is definitely a step in the right direction. In 2017, most trading pairs on crypto exchanges were with BTC and one had to pay 5–10% in fees to buy Bitcoin or Ether. Now we can buy/sell major cryptos with 0 fees via P2P, but insta-buy/sell is yet to come.

S4mmy.eth on Twitter: "MetaMask just rolled out ETH to fiat withdrawals.∼9% in transaction fees and 5 minutes later my fiat withdrawal dropped into my bank.🧵(1/8) pic.twitter.com/0seigMWkHz / Twitter"

MetaMask just rolled out ETH to fiat withdrawals.∼9% in transaction fees and 5 minutes later my fiat withdrawal dropped into my bank.🧵(1/8) pic.twitter.com/0seigMWkHz

🧐 BTW do you still overlook IP and its power? It brings Pudgy Penguins 8 figures a year 💪

Hunter Solaire ᵍᵐ on Twitter: ""Pudgy Penguins is on track to sell $10M of toys in our first 7 months"Not by staking for tokensNot from selling you more NFTsNot by promising you a metaverseBut by selling products to fans of the IP.Two months ago that number was supposed to be $7M.Now their plan is... pic.twitter.com/NorJaISLxB / Twitter"

"Pudgy Penguins is on track to sell $10M of toys in our first 7 months"Not by staking for tokensNot from selling you more NFTsNot by promising you a metaverseBut by selling products to fans of the IP.Two months ago that number was supposed to be $7M.Now their plan is... pic.twitter.com/NorJaISLxB

🟪🧩 Besides, did you know that Polygon managed to attract a lot of major brands to build NFT products?

CryptoGoku 🦇🔊(🌸, 🌿) on Twitter: "Solana has VisaPolygon has Mastercard ... and Lufthansa ... andoh wait pic.twitter.com/YqRvU2EJSk / Twitter"

Solana has VisaPolygon has Mastercard ... and Lufthansa ... andoh wait pic.twitter.com/YqRvU2EJSk

©️🤑 Justin Bieber & AnotherBlock offer partial royalties for Justin’s song “Company” as NFTs. Want to get a percentage of future streaming royalties? There are 2,000 NFTs issued on Ethereum up for sale for 0.017+ ETH that give each holder 0.0005% of future streaming proceeds — specially for the IP savvy fans. Didn’t we tell you that IP is the oil of the digital age? It sure is!

Justin Bieber Producer Is Selling Royalties for the Song 'Company' as NFTs - Decrypt

Community/Events

See the cool recap video from WADE’s LUCID DREAMING IN SEOUL IRL event that happened last Sunday, September 3, 2023. It was massive! Thanks all who joined WADE 💜

WADE: Friends & Family on Twitter: "WADE SIDE: LUCID DREAMING in SEOUL Popular rappers Simon Dominic and Loco, along with a high-quality streetwear giveaway, claw machines, and other attractions. Check out Minh's recap video below! Get ready for what's next because WADE is growing bigger and better. https://t.co/mOAQG0FENx / Twitter"

WADE SIDE: LUCID DREAMING in SEOUL Popular rappers Simon Dominic and Loco, along with a high-quality streetwear giveaway, claw machines, and other attractions. Check out Minh's recap video below! Get ready for what's next because WADE is growing bigger and better. https://t.co/mOAQG0FENx

🏁🏆 On September 3, the OOZ Creator Bot Challenge ended. Congratulations to winners, and don’t forget to submit your shipping details to get the dope CRIPCO sticker pack.

OOZ & mates | Reboot on Twitter: "🏆 Winners of the OOZ Creator Bot Challenge are:@raphaeljjun@windkoh@web3_tt@anvito9593@ShingM_@dcdc_chan@oxusamimi@PingPong830@minis_lee@ingishere🥳 Congratulations! We'll provide the instructions to claim your CRIPCO stickers on Discord / Twitter"

🏆 Winners of the OOZ Creator Bot Challenge are:@raphaeljjun@windkoh@web3_tt@anvito9593@ShingM_@dcdc_chan@oxusamimi@PingPong830@minis_lee@ingishere🥳 Congratulations! We'll provide the instructions to claim your CRIPCO stickers on Discord

🎙️💬 On Monday, Kayla had an SMA session with Youngsun Shin, the founder of HELLO WEB3, and talked about WADE IRL & KBW 2023.

CRIPCO on Twitter: "🎙️ SPACES ANNOUNCEMENT : KAYLA's SMA 🎙️⏰ Time : 13:30 UTC, September 4th🎤 Speaker : @kayla_cripco, @youngsunlive, @mica_cripco 📌 Topic :> Kayla's CRYPTO VIEW - WADE IRL & KBW 2023 > WEEKLY BAG> SMA - with @youngsunlive pic.twitter.com/zhOL4vv0Vy / Twitter"

🎙️ SPACES ANNOUNCEMENT : KAYLA's SMA 🎙️⏰ Time : 13:30 UTC, September 4th🎤 Speaker : @kayla_cripco, @youngsunlive, @mica_cripco 📌 Topic :> Kayla's CRYPTO VIEW - WADE IRL & KBW 2023 > WEEKLY BAG> SMA - with @youngsunlive pic.twitter.com/zhOL4vv0Vy

💦🎧 WADE released the new mix: Feel like I’m in the air. Check it out!

Hack Incident Compensation

We’ve started the Secondary Compensation Round from Thursday, September 7, 2023, 08:30 AM UTC until Thursday, September 21, 2023 08:30 AM UTC.

• See our detailed guidelines on Medium: https://medium.com/@cripco/official-notice-on-the-guide-to-the-application-of-our-secondary-compensation-round-and-closure-of-c518fc1001c7
• Request to file for the Secondary Compensation Round is available in the Google form: https://forms.gle/uianmf9f8dVEW57v9

We strongly encourage you to stay tuned for more updates from us soon. As always, thank you for putting your trust in us and we will continue to thrive on challenges to make the best outcomes possible. We value your voices and are here to support you. Should you have any questions or inquiries, please do not hesitate to contact us on Discord.

Product

Migration

🌉 The CRIPCO ecosystem started migration to Ethereum on January 10, 2023.

The official collection links on Ethereum:

🌊 WADE https://opensea.io/collection/wade-official
🛸 OOZ : Spaceships https://opensea.io/collection/ooz-mates-spaceships-official
🧸 OOZ & mates https://opensea.io/collection/ooz-mates-official

🪙 NFT and token airdrops happen weekly. If you cannot see the $IP3 token in your MetaMask wallet, you can add it by using the ‘Add Token’ function using the official ERC-20 base IP3 address: https://etherscan.io/token/0x01c3f4a1ebccbc37cd3d4763b540e880e60302c9

⚠️ Starting February 21, migration airdrops happen on WEDNESDAYS.

⚠️ Starting March 15, IP3 Token holders can perform migration with 1 IP3 or more only.

🪄🏗️ The reveal portal for OOZ & mates : Spaceships on Ethereum is under development.

🪂✅ On Wednesday, we completed the migration airdrop No. 3️⃣4️⃣.

⏰⌛ It’s been 8 months since we started the migration. Take your time, but make sure you join it before the end of 2023, because the ❗migration deadline is December 31, 2023❗ In 2024, the migration portal will be permanently closed and the non-migrated assets will be stuck untradable and untransferable in the Solana limbo forever.

⚡ Join our Discord to be the first to know about upcoming events and drops: https://discord.gg/cripco

See you next week! 🟣 Have a nice weekend!

💼 Are you a traditional company looking to keep pace with the phygital era?
🎨 Or an individual creator who makes disruptive designs?
🟣 Join CRIPCO, the creative in crypto. We are a DAO NFT platform by creatives, for creatives.
💡 Have an idea who our DAO can be useful for? Recommend us here on Medium! 🪧

✨ Join our community by creatives, for creatives:

Discord: https://discord.com/invite/cripco
Medium: CRIPCO
Twitter: https://twitter.com/cripco_official