Nike tokenizing shoes on the blockchain

Tezos

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Jul 9, 2023
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Nike tokenizing shoes on the blockchain

“The learning process continues until
the day you die.” - Kirk Douglas In today's newsletter, we will be covering:
Total Market Cap: ~$197.5 billion (~1.1%) BTC Price: ~$7,280 (~1.2%)
24-Hour Volume: ~$58.8 billion (~2.65%) BTC Dominance: ~66.7% (~0.15%) Notable
movers: Enjin Coin (ENJ) (~11.2%) BTC is currently trading at ~$7,280,
down ~1.2% over yesterday. On the daily chart, BTC is still trading below
its 21-, 50- and 100-day EMA support lines, and failed to break through
its 100-day EMA line yesterday. RSI is at ~39, indicative of moderate bearish
momentum. BTC is still trading within its lower highs and lower lows
trading pattern/ channel/ zone it has been trading within since late June this
year. 👀 The 2nd-biggest bank in the world by operating assets, China
Construction Bank (CCB), has officially launched its blockchain-based
refactoring platform. The CCB is targeting commercial factoring
businesses and intends to boost operations and decrease major risks in
its refactoring business and offer shared data access to multiple participants
at the same time. Factoring firms are reported to represent 3rd parties that
buy businesses' invoices at a discount to help those businesses raise funds. 💰
Crypto kicks 👟 On 10 Dec, Nike patented a shoe system for
tokenizing shoes via non-fungible tokens (NFT) on the Ethereum
blockchain, and dubbed them "CryptoKicks". 👟 The patent describes a
"digital asset for footwear" and the various ways to use it. One such way is an
Ethereum ERC721 or ERC1155 token used to authenticate and to transact a
physical shoe. The token would be unlocked upon the purchase of the
corresponding physical shoe by connecting a 10-digit shoe identification code
with the owner identification code. The system aims to offer a method to
ensure goods' authenticity, allowing buyers to "buy a new pair of highly sought
after sneakers from a verified vendor who may provide authenticated provenance
records for the sneakers." China's state-backed technology workgroup has
released its 15th blockchain technology assessment, promoting Ethereum to
2nd place after its latest hard fork. The list was released on 6 Dec by the
Center for Information and Industry Development (CCID), ranking a total of 35
assets with EOS maintaining its top position. ☝ Ethereum shifted from
3rd to 2nd place, taking over Tron (TRX). Bitcoin (BTC) ranked 9th, and
Ripple 18th. Ethereum's promotion is likely due to, with a moderate degree of
uncertainty, its recent network upgrade that has faced wide support with various
popular exchanges announcing their node updates ahead of the hard fork. Hardware
wallet manufacturer Ledger has announced the newest version of its Ledger
Live application, adding Tezos (XTZ) and Tezos staking support. 👝 Russia's
national power grid business, Rosseti, is piloting a system for electricity bill
payments on an enterprise blockchain Waves Enterprise's distributed ledger.⚡
U.S. banking multinational JPMorgan Chase is eyeing a launch for its Interbank
Information Network (IIN) in Japan possibly in January 2020. 🇯🇵 A
situation where there is a continuous upward movement in the price of a
cryptocurrency. Often used in communities to question when a cryptocurrency will
experience such a phenomenon, saying: “When moon?” It is usually combined with
“When Lambo?” TBA - Justin Sun's lunch with Warren Buffett "How much do you
agree with this statement: "I am so bored by the recent crypto
market's low volatility."" The average vote was 6.1. 16.7% of y'all
voted a '1', and 38.9% of y'all voted a '10'! We need more roller coasters!!! we
need more fun!!! – No vol, no fun. 😔 I'm getting older and need it to break to
the upside, so I can keep from winding up homeless. – Lmao not sure if srs or. 😅
We need stable coins not volatile coins for the crypto market to takeoff
– Don’t we have those already? 🤨 It's totally controlled and
manipulated by exchanges, banksters, governments – Possibly! I dunno if
bored is the right feel. More like, "Enough heart palpitations, get me to the
moon already!" ha ha – Don’t think the heart palpitations will ever stop when
you’re in the crypto space. 😂 seems like somebody is just playing around with
crypto and it;s getting nowhere. – Hmm, greater forces at work? Possibly! not
bored. but one thing is sure all shit coins will we worthless.. less them & get
into good projects.. i am accumulating bitcoin, ethereum, grin, beam,
zilliqa, cosmos & few more.. next phase these can make good gains.. – Yeah, not
many are gonna make it out of this winter. 😢 I'm okay with it, gives me the
opportunity to fill bags and grow my ETH so I can earn interest when the time
comes. But even with my DCA approach I wish I knew what was coming so I can plan
accordingly(But i'm being greedy). – Yeah I feel ya. But cant let those emotions
get to ya. Just keep DCA-ing and stick to the plan! 💰 Its been too long since
bull run – It might take awhile. Volitilty price action may suck but this lull
is.... ugh! – I’d rather watch paint dry tbh. It is what it is.... everything
comes to those who wait (well sometimes it does) 🙂 - It will 😋 It’s a great
chart – Great time to buy if u ask me. Life is a never ending preparation for
war – Sounds like a line from some strategy book like Sun Tzu’s art of war. 😂
I have to say this is a 1, the suspense is killing me. I've been waiting for the
drop to low $6000's for Bitcoin, and mid $130s for ETH to buy in. HODL and
trade. - !!! I personally think we will see movements to those levels as well.
There is still overhead resistance. 🧐 I feel like it’s being manipulated which
is disappointing – Haha which market isn’t manipulated? seems they all stay
stable – for now :) Very bored, but will always HODL strong! – HODL gang!
It's very boring , I'm loosing trust in Bitcoin – You really shouldn’t! 😁 Keep
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