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Adoption Time

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The previous week was full of impactful news in the field of blockchain and we are happy to share our weekly news digest - “Adoption time” with you - the most important crypto-related events gathered in a single article. Coming every Monday it will help you to find out new opportunities to use your crypto, reveal fresh-released crypto-projects and share relevant adoption cases.

Solana-Themed Beer has Been Released

The new beer from barrelDAO, called Solana Summer Shandy has been dropped. Though the taste of the beer is to be discovered, the design of the cans has already been shown - it has been created by Mark Lauthier and contains the most popular Solana-based NFTs, such as DeGods, Okay Bears, Degenerate Apes Academy, etc. 

Hurry up to buy some - only 333 cans have been produced.

Bitcoin Dropped Below $20.000 

After the speech of Jerome Powell, the chairman of the Federal Reserve, in which he announced that the U.S. central bank may well keep raising interest rates, the price of BTC has fallen down. 

Other cryptocurrencies and major indexes, such as S&P, Dow Jones, Nasdaq 100 also went down.

Reddit is Airdropping Free NFTs Among the Top Users

Reddit administrator announced that an NFT airdrop will be held by the platform soon and the most active redditors will be able to receive free NFT avatars. The NFTs will be minted on Polygon and 4 styles will be available - Aww Friends, Drip Squad, Meme Team, and The Singularity.

Earlier the platform has implemented NFT avatars and it seems like it is going to lean even harder into the blockchain.

Alchemy Acquires Ethereum Coding Platform ChainShot

Blockchain development company Alchemy today announced the acquisition of ChainShot, an educational platform that helps aspiring Web3 developers find their footing in the crypto space.

Mars is Releasing Limited-Edition M&M’s with BAYC

Mars has signed a partnership deal with Universal Music Group to create M&M's with the logo of Kingship virtual group on it. The company is going to produce only 10.000 packages

Kingship was revealed last November as a “metaverse band” created from NFTs owned by investor and entrepreneur Jimmy “j1mmy” McNelis.