Think you knew all about Web3? Think again.

GM frens degens, and gorgeous people 🤲

Welcome to the Roundtable show recap – the most attended crypto show on Twitter Spaces with up to 75,000 listeners per episode.

The Roundtable Show will arm you with insights about not just what’s happening, but what is going to happen within Web3.

And we give $10,000+ every week with over $100k given away in the past 8 weeks!

WTF?

Yes, exactly.

Call us crazy!

Today’s show is sponsored by Yeti Secret Society and Faith Tribe. 

Yeti Secret Society is a Yeti based collection of NF’s giving holders access to lounges and private island parties.

Faith Tribe is a digital platform for creation, design, minting, customization, production, and distribution of digital and physical fashion items.

Here are the highlights from the last Roundtable show on Twitter:

The first metric is an on-chain metric called Hoddle Waves.

The Hoddle Waves chart uses blockchain data to show the amount of bitcoin in circulation grouped into different age bands. 

It uses different colors to show the various age bands and how the amount of bitcoin in each of the bands changes over time, creating wave-like patterns on the chart.

Hoddle Waves tells you whether price dips correspond to older coins getting into circulation. 

Downward pressure without older coins moving means you may be panicking needlessly. 

The Second metric concerns Bitcoin miner sell-offs.

Bitcoin miners turn off their machines in periods of high operational costs. This brings down the network hash-rate.

Historically this has been a fantastic time to buy Bitcoin.

When these miners are shutting off their rigs, they earn less Bitcoin, which means they have less to sell, which means lesser downward price pressure. 

The market is not fully pricing in the impact of The Merge and instead tends to be over-focused on the risks. 

When things go haywire for risk-on assets, Bitcoin tends to be among the first to suffer. 

Traders need liquidity, especially during margin calls. Assets that are most liquid get liquidated first. 

Bitcoin is very liquid, therefore it gets hammered first, even if people are not keen to sell it.

People spend a lot of time on gaming and social media where they carve their second identities, piece by piece. 

Alternative identities are broadcasted through immersive experiences – the metaverse.

You will need an immersive experience where you also want to showcase your identity. 

This is the bull case scenario for the metaverse.

NFTs have been mainly viewed through the angles of gaming and Play-to-Earn. 

We’re starting to see a lot of noise around usage of NFTs for events and concerts. 

Concerts on Fortnite are already massive. Ariana Grande had 78 million people attend, and she made $50 million selling digital assets. 

The organizer didn’t have to deal with insurance security, medics, drugs and alcohol, event cost, printed material, stage and sound, cost travel and transport, and attendee limits. 

Concerts on the metaverse give you a completely controlled environment with less risk, less overhead and more profit.

Holding and managing private keys is everyday stuff for us, but we need Web3 that works with a single click. 

Perhaps we need something like oAuth where you log into a wallet via your email or your phone number.

We’re in it for the tech. We’re the early adopters. But to bring crypto to 7B users the technology needs to become invisible. 

We need to lower the entry barriers.

The RoundTable show is building the biggest space on the crypto market where everyone has something important to say. 

Our community is everything, so we want to give a huge shoutout to everyone listening weekly. If you want to join, don’t miss the party on our Telegram Group and Channel, and in our BIG Discord Server!

Be part of this now: https://wagh.me/roundtablecommunity

Until next week’s show,

— Mario Nawfal