ENS + PayPal and Sony + Yen = ? 🧐

Bonus: Zora switches it 🆙

GM Builders! 🚧

Welcome back early for another edition of the BW3 newsletter—so fresh, you could slap an ENS name on it and call it “sally.eth”! 🫡 

Table of Contents

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ENS Meets PayPal and Venmo 💳️ 

In a move straight out of a sci-fi novel, Ethereum Name Service (ENS) has officially integrated with PayPal and Venmo. Yes, payments via your .eth for mainstream are here.

That one friend that only has PayPal, yea that person… now you can give them your chainmuncher.eth. And (big justice) boom… it’s there 💥 

it’s just crypto to crypto by the way… can you imagine the day when they send you $100 of ole fiat from their balance and you as the receiver could choose if you want it in BTC, ETH, etc. 🫣 

Here’s the scoop:

  • What’s ENS? ENS is basically the crypto world’s phonebook. Instead of typing out a 42-character wallet address like 0xSomeLongString, you can send funds to something simple like coolguy.eth.

  • The Integration: Now, PayPal and Venmo users in the U.S. can send crypto payments using ENS names. It's like finally being able to text "Bob" instead of remembering his entire phone number.

  • Why It Matters: This move doesn’t just make life easier—it’s a big step toward mainstream crypto adoption. With simpler transactions, there’s less risk of accidentally sending your crypto into the void.

And the best part? 

ENS's token even saw a little price bump after this news dropped, the crypto community was buzzing a bit. 🐝 

Sony Dives Into Stablecoins 💿️ 

You’ve heard of Sony, right?

The company that brought us the Walkman, PlayStation, and countless hours of entertainment has recently been dipping its toes into the blockchain pool. 🎧️ 

Sony recently introduced Soneium, an ETH L2.

The project now includes launching a stablecoin pegged to the Japanese Yen. 💹 

It’s like Sony saying, "We’re not just here for entertainment; we’re all about that chain action too."

  • What’s Happening? Sony is cooking up a stablecoin pegged to the Japanese Yen—let’s call it "Stable Yen" for simplicity’s sake.

  • The Reason: By partnering with Sony Bank, Sony plans to make transactions within its ecosystem smoother than a PS5 game load time. Think buying games, movies, or even merchandise using Stable Yen.

  • Why It’s Hilarious: Of course, some in the crypto community are poking fun at this. If the Yen itself isn’t exactly stable, how will a "Stable Yen" fare? It’s like trying to stabilize a wobbly table with a jellyfish.

Either way, Sony’s entry into the stablecoin world is sure to make soundwaves, and we’ll be listening to see how this unfolds. 👂️ 

Zora’s Great Opening – Everyone’s an Artist Now 🎨 

Once an exclusive club for pre-approved creators, Zora has thrown open its gates, allowing anyone to mint NFTs on its platform.

  • What Was Zora? Initially, Zora was reserved for a curated group of creators, focusing on quality and exclusivity.

  • The Transformation: Now, Zora is a free-for-all, embracing decentralization by letting anyone with a creative idea mint their work.

  • Why It Matters: This move democratizes creativity and encourages a broader range of content. It’s not just NFTs anymore—it’s a digital art revolution where everyone’s a creator.

MEME CITY 🏙️ 

Source: its in the meme

ditto

Until next time, Builders! 🏗️ 

Keep grinding and stay ahead of the traffic. 🚘️