Hey there, I’m Luca - lifelong startup nerd, crypto fanatic since 2016, and now keeping up with trends across Web3 is my second full-time job.

Here’s everything you need to know about the last week in Web3 - in 5 tweets 🐦

👤 #1 - Crypto wallets as identity

This is the best graphic I've ever seen showing the utility of a crypto wallet.

Wallets are so much more than a place to store your money. In web3, your wallet is equivalent to your digital identity because all your activity on the blockchain is attached to your wallet. Everything from online trainings and credentials you've completed to your music taste can be linked to your wallet.

Not to mention that you can log into any web3 platform using your wallet without the need for a username or password. If you've never experienced this before, it's kind of a game changer!

🖼 #2 - Twitter ❤️s NFTs

Twitter launched its much-anticipated verification process for NFT profile pictures. It's a big step forward for Twitter's integration of crypto, which has been a long time coming. This also adds more steam to NFTs entering the mainstream, especially as countless big celebrities like Jimmy Fallon, Steph Curry, and Post Malone have set their Twitter profile pictures to NFTs in the last few months.

BUT, it looks like Twitter has the same problem as a lot of other NFT platforms - it pulls the image data through the OpenSea API, which is only so reliable 😂

 💍 #3 - NFTs going mainstream

On the note of NFTs going mainstream, OpenSea recently announced its acquisition of Dharma, a crypto wallet that lets you buy Ethereum directly within the wallet using your credit card. Don't be surprised when OpenSea starts allowing you to do the exact same thing with NFTs in the not too distant future. Think of all the second-order consequences - good and bad - of anyone with a credit card being able to purchase an NFT.

Along with major other events like Coinbase preparing to launch an NFT platform and Robinhood announcing a crypto wallet, it looks like 2022 is shaping up to be the year when crypto, or NFTs at least, truly hit the mainstream.

 📈 #4 - 2022 ETH Investing

While I don't totally agree with the ease and surety implied by this tweet, it's fair to say that its ethos represents the majority feeling of the web3 community right now: Buy the dip!

But actually, ETH was sitting pretty comfortably above $4k for most of Q4 2021, and that was prior to a lot of the exciting announcements I mentioned above. Even if ETH was over-valued at $4k last year, there are more people entering the space every day, and the momentum is clearly building. Will that take ETH to $10k? We can't know for sure, but the winds are certainly blowing in the right direction.

💰 #5 - DeFi yields for business accounts

The average interest rate on traditional bank savings accounts is 0.06%, and most of your big banks are rockin' a 0.01% rate. In 2022, between advances in financial technology and absurd inflation, that just feels like a bad joke.

Meow only offers business bank accounts at this time, but it does so with up to a whopping 4% interest rate and standard 2-3 day withdrawals. I'm a strong believer that the most successful web3 companies will package web3 technologies in something that looks like web2. Meow is doing just that for business banking, and I'd recommend you stay on the lookout for more companies taking this same approach.

🔥 That's all for this week! Which tweet taught you something new? Which corners of web3 would you like to learn more about?

Let me know by replying to the email or tweeting at me - any and all feedback is welcome :)

🎉 P.S. Pass along the ~good vibes~ by forwarding or sharing this to your friends if you learned something interesting!