The new Solana Summer Shandy beer is inspired by several of Solana's NFT projects, such as DeGods and Degenerate Ape Academy. This and more news in this handy daily digest to keep you up to date with the latest developments in the crypto world.
BarrelDAO, Solana Summer Shandy and NFTs
📍BarrelDAO launches Solana Summer Shandy, a limited-time alcoholic beverage inspired by Solana NFTs. Community-owned brewery and distillery BarrelDAO, governed by a DAO, is taking advantage of the popularity of the blockchain network to release an entirely new, limited edition of its beers, along with a collection of NFT tokens.
The new Solana Summer Shandy beer is inspired by several of Solana’s NFT projects, showcasing the art of crypto collectibles such as DeGods and Degenerate Ape Academy. The brewery has also created a collection of NFTs that are redeemable for the limited edition beers.
BarrelDAO released only 333 packs of Solana Summer Shandy canned beers, 16 units each. The NFTs redeemable for Solana Summer Shandy beers are sold out at the time of writing.
The community that governs BarrelDAO owns the NFTs depicted on Solana Summer Shandy beer cans, so it is important to clarify that this product, unlike the Saga smartphone, is not an official Solana Labs or Solana Foundation product.
The dollar “is a melting ice cube”
📍US Senate candidate Bruce Fenton is in favor of allowing people to choose the form of money they want to use. Fenton, a stockbroker, cypherpunk, executive director of the Bitcoin Foundation, and candidate for the U.S. Senate in New Hampshire, has said that Bitcoin is his favorite form of money; this in the context of money being separate from the state and everyone being free to use whatever money they prefer, including cryptocurrencies.
In a post on his Twitter account, the Senate candidate compared the dollar to an ice cube that melts due to inflation, highlighting his enthusiasm for Bitcoin, the world's leading cryptocurrency.
In other tweets, Fenton said that the best way to support his campaign is not to donate money, but to acquire BTC as a way to support the growth of the cryptocurrency and protect against monetary inflation. Stack the sats!, said the candidate referring to the Satoshi, the smallest unit of account in Bitcoin.
Jordan Belfort: “I was wrong about Bitcoin going to zero”
📍Former stockbroker Jordan Belfort admits he was wrong in his prediction that Bitcoin would lose all its value. Belfort, who was charged with market manipulation and financial fraud in 1999, said to Yahoo Finance that he was wrong about the future of Bitcoin.
In June this year, the former stockbroker had pointed out that the regulatory pressure that governments were putting on cryptocurrencies would cause the price of Bitcoin to drop to zero. A year earlier, when he began to change his stance towards this digital asset, he had indicated that it was possible for the price of BTC to touch $100.000 in the future.
On the other hand, in 2017, Belfort had said that he agreed with Jamie Dimon, CEO of JPMorgan, in his skepticism towards Bitcoin and cryptocurrencies, stating that BTC was nothing more than a fraud.
A company wants to tokenize diamonds on the blockchain
📍Diamond Standard is a blockchain company that is using the blockchain to tokenize diamonds. According to Diamond Standard founder Cormac Kinney, who spoke to CoinDesk, blockchain technology has the potential to unlock the opportunities of the $1,2 trillion diamond market for investors around the world in an easy, secure and efficient way.
Kinney said blockchain allows for immutable, real-time data tracking, which brings great utility and value to the diamond industry.
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