😳 Web3 roadshows in India?

Polygon jobs & Giveaway inside.

GM 🔆

This Week in Web3 is back with a new look, on a new day and time, with the same old intention of bringing the best of web3 to you! Hope these refreshing colours shake off your Monday blues. 🛐

Meet your new Web3 companion, POSTY ✨

Once upon a time, in the world of Web2, there lived a little egg named Posty who dreamed of breaking free from the shell to explore the world of crypto and web3. With a loud "CRACK!", Posty finally appeared from the shell and set off on a journey filled with endless possibilities. With an aviator cap and satchel, Posty ventured into the world of web3 on a trusty little pencil aircraft. ✏️

Along the way, Posty has to encounter various challenges and adventures as Posty learns more about this new world, taking notes, steering through complex networks, outsmarting scammers and looking for opportunities to upskill.

Some of you are still breaking out of your shell or wandering around web3, and Posty would like to be your companion in this new terrain. Join Posty on this exciting journey and see where it takes you. ✨

What do we have for you and posty this week?

• Weekly Web3 Updates

• Namaste Web3 + Porche’s NFTs

• Jobs, Reads & Tote Bag Giveaway!

Estimated Reading Time: 04:18 minutes

Weekly Weather Report 🌤

Quick Web3 updates curated for you:

• Kevin Rose, CEO of The Proofs got hacked

• Doodles unveils Doodles 2: A dynamic NFT on Flow blockchain

• California Pilots Blockchain car title management system on Tezos Fork

• Nike’s web3 platform .SWOOSH will reward creators for virtual sneaker designs

• Microsoft is shutting down its metaverse

• Bored Ape artist's NFT mint sells out so fast, many fans left mad, empty-handed

Namaste Web3 🙏

If there’s one thing we know for sure, it’s the mass adoption of any technology that requires awareness and faith in it. And the only way to achieve this is to educate the masses about it. ⚒️

But other than communities and newsletters (if we say so ourselves), we don’t see much of this effort from major. Seriously, who’s doing it in India?

✅ The Product House
✅ Zen Academy
✅ Soon, This Week In Web3 (ahem!)

Fortunately, we have one more name added to this list now, CoinDCX.

Early last week, CoindDCX with Forbes India announced Namaste Web3—an initiative to educate folks about Web3 and unbiased narratives about blockchain tech. But honestly, dude, what’s different about it for us to care? Good question.

• A series of multi-city roadshows are planned, with Bangalore being the first stop, followed by Delhi, Mumbai, Hyderabad, Ahmedabad, Chennai, Jaipur, Pune, Indore, and Kolkata.

• The forum will touch upon the role of Web3 in bringing socio-economic changes and navigating the shift from Web2 to Web3 and DeFi.

• This will also include hands-on workshops on building dApps with decentralized hosting solutions.

• The launch also focused on real-world solution building and taking the “Web3 revolution” across the nation.

Sumit Gupta, Co-Founder and CEO of CoinDCX, said, “The period from 2023 to 2025 will be an inflection point in building for Web3 ecosystem; it’s important we nurture it. We might be noticing bearish sentiments in the market but this is the time the real building happens.”

Let’s see what Namaste Web3 brings to the table and caters to an India-specific builder community. But for now, it seems like good news for the Web3 community across the nation. 👏

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This week we’d also like to highlight one NFT project we just couldn’t ignore.

What happened to Porsche NFTs? 🏎️

We like stories, so here’s one with ample twists and turns.

A long time ago (November 2022)…

Porsche's website launched an NFT page and created a Twitter account, eth_porsche. Later that month, Porsche displayed the collection in Art Basel Miami and announced the huge NFT release, a collection of 7,500 iconic 911 models, each with a unique license plate ranging from 1 to 7,500.

✅ They hinted at a gaming integration.
✅ They engaged with the community to do their research.
✅ They even created a discord!

Think about the enthusiasm and excitement they were riling up 🤩 NFT collectors and Porche fans were pumped up. 5-sec dance break, lessgo! 🕺

dun, dun, dunnn…

On the un-fateful day of 20th January, things started to go downhill.

🎤 Welcome to a series of mistakes by Porche™️.

1. 3 days before the launch, Porche revealed the mint price, take a guess?

   PORSCHΞ @eth_porsche

   The iconic 911. Not only a number – a legacy. Unveiling our mint price of 0.911 ETH.

2. "Our project is your project”: Despite user feedback and suggestions of reducing the mint price, Porche went ahead and opened with 0.911 ETH; great!

3. The mint went live, and after the public mint, sales slowed down, and the NFTs were being resold at lower prices on secondary marketplaces. What did Porche say? ✋👂

PORSCHΞ @eth_porsche

Our holders have spoken. We’re going to cut our supply and stop the mint to move forward with creating the best experience for an exclusive community. More info in the next hours.

Yet another disappointing release, so much for “research”.

What do we think, you ask? 🤓

We think the NFT projects are still stuck in the bull run of 2021 when every release was an easy cash grab. To revive the NFT market, we need better road maps, actual research (seriously, what research did Porche do?) and consideration of the market sentiment.

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Did you like this week’s issue? Please let us know by tweeting about us; it’ll make our day & we might send you our REKT tote bag as thanks! 👇👀

hey there! 👩‍🚀 If you are or know an early-stage web3 builder going from 0 to 1, holler at our creative-capital studio Spacekayak. We are a web3-native creative team of folks who love crafting creative solutions for crypto companies. Let’s be frens!

Your Next Steps in Web3 ✅

Put your learning to work, upskill and join discussions that will help you level-up!

Work in Web3 👩‍💻

• Full Stack Developer 🛠 Polygon

• Solidity Intern 🪄 Heru Finance

• Content Writer ✍️ Februar

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Women In Web3 🚀

The Product House is thrilled to announce the launch of Women in Web3—an initiative dedicated to building a supportive community for women to share, network and advance their Web3 journey. 💪🏼

ℹ️ Hosting our first-ever exclusive online session
📆 31st January from 9 PM - 10 PM IST
🔊 Featured Speaker - Harshita Singh, co-founder of Timeswap
👏 Sharing her experience, insights, and advice for navigating the blockchain landscape
🤝 Session Moderator - Swati Agrawal, from Olive (Formerly Polysynth)

Where to next? 🚀

If you made it here, we have some interesting reads for you to enjoy.

• Techs Money Woes: Is it the beginning of the end for Web2?

• Marvel Iron Man artists considers Web3 a paradigm shift for comic creators.

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1. Reply to this email with what you would like to read next.

2. Tweet about us so we can know your thoughts.

3. Tip us in crypto. We’d use this to bring you the best resources & opportunities to break into Web3. Something’s comin’ up!

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