Is airdrop szn here?! 🎈

GM Baos,

It's Bluejohn here 👋

I'm excited to be back this week, sharing 3x stories with you all today!

Today we cover:

• DeFi airdrops 🎈

• Inflation > Recession

• BRICS

Airdrops, airdrops & MORE AIRDROPS

A couple of weeks ago, Blur and Arbitrum rewarded active traders in the NFT market with big bucks, and everyone’s been rushing to find the next few! The amazing part about this is that you CAN earn without investing a dime.

You must only remember to regularly have transactions on the platform or the chain! The more transactions the better; the more volume, the better!

Here’s a list of projects you can start looking up: zkSync, Sui, LayerZero, Gem.xyz, Starknet, etc.

Not all of these have confirmed airdrops, but farming doesn't have to take more than an hour a day. This is a small price for a potentially chonkier reward in the future!

We aren’t directly affiliated with these projects, but they have caught our little bao eyes 👁️👁️

Note: If you’re not looking to spend a dime, do look for the platforms with a "testnet" or farm using the testnet. There’s usually a faucet you can ask for help from, who’ll essentially make you an alpha tester by providing hypothetical money. You can be rewarded in the long run if you do transactions regularly.

Inflation > Recession 

There’s this saying that “you never restart back from zero.”

I love this… for experiences and learning, but not for economic cycles! Imagine printing and placing money into the market, and then using inflation as your solution to slowly get back the printed money.

Central banks can only do so much, and this never-ending spiral is coming to bite us in the butt. We’re already feeling part of it.

A USD challenger approaches 

Many countries are questioning the dominating asset USD and finding alternatives. Like we said last time, gold and probably EUR are possibilities.

An upcoming group to watch is BRICS. BRICS stands for the 5 countries currently in the group: Brazil, Russia, India, China, and South Africa. They are essentially a third giant, representing a big chunk of the world’s population and has a collective GDP of over $16 trillion. Insane!

They are also more well-rounded compared to other groups such as NATO, which is fundamentally built as a military alliance. One of their goals is to reform the current norms in financial institutions. Could this be an answer to inflation?

Imagine if they apply the idea of crypto/DeFi on that large of a scale. HUGE!!!

FFC Live Steams ♨️ w/ B33

What is Live Steams? Live Steams is a podcast and FFC community Twitter Spaces featuring current Asian projects, founders, and creatives pushing through the bear market and making a difference in the space.  

Last Thursday, @EJays04 and @theyrofthesheep hung out with @beemanhand to talk about Origamasks and his creative journey as an Asian MC/rapper. 😉 Audience members won $BAO and got to play a few games of ✊✋🖖

Listen to the Twitter Spaces here ⬇️

Bao-Sized News

• Trump NFTs pump after his indictment 📈

• FTX EU opens withdrawals for European users

• Crypto exchange Bittrex to wind down U.S. operations 

Made us Kek 😂

That’s all for me this week :D

Stay steamin'!

–Bluejohn