Issue #33: Register for free Avaissance webinars, AI and blockchain duke it out, and the IMF on countries banning crypto.
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Avalanche Summit II Aftermovie

A Three Minute Climb to the Summit

Avalanche Summit II was filled with community, ideas, food, music, dancing, atmosphere, games, art, handshakes, and hugs. It was everything.

You know what else is everything? The aftermovie 😜 In just under three minutes, get a second taste of the Summit II magic and re-experience all the Red Coiner energy we brought to Barça.

Watch the aftermovie

Class in Session: Register for Avaissance Open Mentor Webinars šŸ¤“

We may have announced Avaissance’s AIR program’s roster a while ago, but who says you can’t join the fun? Mark your calendar for next week’s three open mentor webinars and soak up NFT wisdom. Don't forget to register:

  • 7/3: Building and Engaging Your Community Across Platforms
  • 7/5: Inspiration / Collabing
  • 7/6: Pre-Mint Community Building

Also, did you know Art on Avalanche has a Telegram?? Join the group to talk art, artists, and NFTs.

Owl Explains: Can Blockchain Solve AI’s Trust Problem?

AI has taken the world by storm, and we humans have questions – is the tech reliable, how fair is the output it generates, and can it be used maliciously? Some think that blockchain’s transparent and open-source nature and auditability might make it a decentralized guardrail for powerful AI systems.

What does that even meeean? The industry experts break it down:

  • Shaun Helms, Co-Head of McDermott Will & Emery’s tech and outsourcing practice
  • Anne Gressel, Associate at Debevoise & Plimpton
  • Erwin Voloder, Head of Policy at the EU Blockchain Association
  • Kai Zenner, Head of Office and Digital Policy Advisor for Member of the EU Parliament Axel Voss

Are you #TeamAI or #TeamBlockchain?

Listen to the podcast →

The Avalanche Network Overview

Total Transactions: 7.6M
Gas Used: 6.7T
Total Stake: 267.6M

Data pulled on: 6/30/2023

The International Monetary Fund Thinks Banning Crypto Is a Silly Move?

Latin America and the Caribbean are killing it in crypto. El Salvador granted legal tender status to BTC, other LAC countries are introducing CBDCs, the Bahamas introduced the Sand Dollar, and so much more. From the mouth of the International Monetary Fund (IMF) itself, Latin America and the Caribbean’s adoption of crypto is ā€œoffering valuable lessons for the rest of the world.ā€

Considering crypto bans: Long story short, the IMF thinks they could be a bad idea in the long run. ā€œCBDCs can strengthen the usability, resilience, and efficiency of payment systems and increase financial inclusion.ā€ Its rec to countries still crypto-hesitant: focus on addressing the drivers of crypto demand and improving transparency.

Read the paper

What's Happening In Web3?

  • PixonGames’ ARPG x Base-Builder, Fableborne, Secures $5.5M in Funding. Fableborne
  • Avalanche’s All-Time-High Monthly Active Wallets Record Is Broken (1.17M). @jayks
  • SK Planet’s UPTN Subnet Now Seeing 99K+ Users and Wallets. Xangle

This Week's Twitter 🧵

@mmoonstudios
@chikn_nft
@NOWPayments_io

ICYMI

6/25: @Coopernicus and @TradingAloha battle it out in Pulsar.

Gaming on Avalanche →

6/26: Avalanche is Bringing Institutional Adoption…Here’s How.

GoGoPool →

6/28: Avalanche Developer Community Call.

Avalanche →

6/28: Money Moves, Episode 4: Regulation & Token Classification (feat. Lee Schneider).

Avalanche →

What do you think of this week's issue?

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