Behind Tezos & Axie Infinity, plus the scoop on NFTs in Lagos

Hello. I'm Ariel Wengroff. We are just at the beginning of
how crypto is changing the world. There's so much to learn, so let's
go find out more about it together. Are you ready to come with me
further down the rabbit hole? Hi, everyone, welcome
to Down the Rabbit Hole. Every week we'll come together
to explore the world of crypto and today we are
back at La Fonderie. And by the way, the amazing piece
of art that you're seeing behind me is actually by the digital,
stunning French artist PBOY.

We're so happy to be here and every time, as you know, we're
gonna be exploring this new world, talking to people deeply involved
or newer folks figuring it out, like me. And today we will go to Nigeria,
which has established itself as a giant in the digital art and NFT space and talk with a couple:
Kathleen and Arthur Breitman, the founders of
Tezos on the blockchain. We're also going to be
diving into the Web 3. 0 game that has taken kids and some
adults by storm: Axie Infinity. So, welcome down the rabbit hole. What happened this week
in the world of crypto? If you've spent the last week on a
desert island without any connection, or you just didn't
have your WiFi, you can catch up by watching
Seven Days in Crypto. It's right now, by Karim Rharbaje. While this happened, this, or
even this, on Earth last week, Planet Crypto didn't
stop spinning either.

Small news roundup
with the 7 Days in Crypto. And we start our world tour
with the first stop in Central America in the country at the heart
of the Crypto news, El Salvador. Less than a month after having
made headlines by adopting Bitcoin as a legal currency like the dollar, El Salvador is still making news
with the volcano project. A project to mine Bitcoin
from, well, from volcanoes. Used because abundant, the use of electricity produced
by the geothermal energy of the Santa Ana Volcano also has the merit of being
green and sustainable.

In a tweet published by the self
proclaimed coolest dictator in the world, Nayib Bukele, the president of El Salvador, announced that his country had just mined its very first Bitcoin using this technology. To be continued… We continue our trip with
a stopover in the Pacific in the city of Carrara in Australia
for the sale of the week. While this car found abandoned in an old Australian farm
was initially estimated at $15, 000.

It's value increased considerably and it was finally put
up for auction at Lloyds. Lloyds auctions are revving it up a gear with an important race car auction event. The explanation is simple, This Subaru Pro Drive Triple Five Group A was in fact the car that the 1995
Rally Championship Winner, Colin McRae, had driven for the
WRC championships back then. Sold for $364, 000, The lucky buyer paid in Bitcoin and confirms the willingness of
Lloyds Auctions to open up to cryptocurrencies as announced in a press
release earlier this year. Bid now at lloydsauctions. com. au. A little detour of Brazil
and the bill 230315 of the Deputy Auero Riberio who intends to have
the Chamber of Deputies vote on a legal framework
for cryptocurrencies. "I am Auero Riberio author of the bill which aims to regulate cryptocurrencies in our country." if the law is adopted, Brazil would follow the steps of El Salvador
and Bitcoin would allow Brazilians to do their daily shopping
or even buy a house.

The law also provides for stricter
surveillance of exchange platforms which would be monitored
by government oversight. "Today, we are moving forward
for the regulation of cryptoassets Because it's in a libertarian way
that the market will adjust and progress in Brazil." And we finish our tour of the Globe with a stop in the United States and the shock decision of the
President of the US Federal Reserve, "Mr Chairman, as a matter of policy, is it your intention to ban or
limit the use of cryptocurrencies, like we're seeing in China." -"No," -"No intention to ban." Let's seize this moment to take a
quick look at the cost of Bitcoin, which has just exceeded $50, 000
the first time in over a month.

That's it. The 7 Days in Crypto is over. We'll see you next week for a
new world tour of Crypto News. Our guests of today do something that
would be unimaginable to some of us, and that's that they
live and work together. They're actually linked
by the blockchain and they're partners on one of the
world's leading cryptocurrency projects, called Tezos. So we're excited to
chat with them today. Hey Kathleen, hey Arthur. – Hello.
– Hi. – How are you? – Very well. – Good, good.
I'm so glad. Well, thank you again for
joining us down the rabbit hole. Listen, I know that, you know, Tezos as a project has had many
ups and downs over the last few years, much like many
things in cryptocurrency. How has that experience
been for the both of you? – I mean, it's mostly been ups.

It's honestly, like, if you look at
the average, it's pretty awesome, and it's very satisfying working with
someone who you love very much, so no complaints on this end. – It's definitely a roller
coaster and like you say, it's very characteristic
of the industry. Everything moves very, very fast,
it's very high highs and low lows. I think it's part of entrepreneurship
in general or starting something, that's what you sign up for. – Well, I mean, this is amplified by
the fact that it's a nascent industry, there are a lot of personalities, I think until the rubber hits the road
in some of the used cases, it's all going to be a lot of fluff, but we're starting to see a lot of
people actually adopt this technology for pretty interesting,
real-use cases, so it's been actually
quite invigorating. – Well that's great. Yeah, I mean I think to your point,
any time you start something new, there's a bit of that entrepreneurial,
"Let's roll up our sleeves". But we're certainly curious, you know, because people have
become so fond of crypto today, there's much more adoption.

But what was the value of Tezos,
you know, one year ago? – I think it was, you know,
pretty much what it is now, which is that, you know, it's a
cryptocurrency and a blockchain platform that has credible
prospect for longevity and it does so because
it can upgrade itself and, you know, historically,
cryptocurrencies were launched and they never had
any prospect for upgrades. You know, they were launched one way
and they would just stay this way forever. – Well no, they could
promise things in the future, like, Ethereum promised being
proof-of-stake when it launched, but it never did. – But it didn't really have a way to
upgrade itself as opposed to like, "Let's all get together and let's all
agree to upgrade at the same time" which is a very
ad-hoc mechanism.

And I think the value of Tezos is that it
chooses this explicit governance model where people can actually take control
of the platform and decide how it evolves. And so then, I mean,
based on that philosophy, what do you expect, you
know, in a year from now if we were talking again that
you would hope for Tezos? – I think we've had a lot of
upgrades over the past few years. Some of them have touched a little bit on
how the consensus algorithm functions, but mostly it's been improvement in
speed, a few features here and there, but what I'm hoping
to see in the next year is even bolder technological
changes for the platform and embracing scaling. Well, I mean,
to expand further, one thing that a recent upgrade introduced
was the idea of liquidity baking, which is effectively a way
to introduce liquidity as a common public
good in the network. This is something that's never
been tried before in a blockchain, but it's something that's
novel because of, you know, I guess, Tezos works with
smart contracts, among other things.

So, more bold innovations that
blockchains would like to have, and, you know, a few weeks after,
I guess liquidity baking was introduced another blockchain tried to basically
copy the innovation into their own chain. So, you know, we're
trying to be trendsetters and a bit more forward looking
than your average crypto project. – And in general, so that's
for the technology itself, but also for the
project as a whole, more adoption, we're seeing more brands
launch, for example, products on Tezos. So seeing more of that, even getting to
the point where people are using Tezos, somebody today may not
necessarily know that they're using it.

– Yeah, I mean, I want to go to a different
point that I want to ask you about, but I do think that that's an interesting
notion about sort of, trend setting or things that, you know, one platform
might say they can do versus another because theoretically, a lot of the
debate around different blockchain, you know, coins or projects is that they should be open source
and available for all. So how do you sort of quantify, you know, what does it
mean to be a trendsetter or to kind of get "copied",
right, in this new world? So I just think that's sort of like
an interesting take away. But, you know, Arthur, you worked for
several years at Goldman Sachs in New York and you got to experience the
financial crisis in 2008 that, you know, the world
really experienced, as well.

But how do you take those learnings
and those lessons to crypto? And, you know, many people speculate
about a potential crisis or fall here. Do you think that's coming? You know, how do you kind of
bring that frame of mindset in? – Yeah, I think
there's two points here. One about, you know,
the general macro picture and saying how the financial
system works as a whole and, you know, my specific
experience in finance, my specific experience
in finance as a quant, I think it's helped me navigate
a lot of the DeFi ecosystems, which has most tremendous innovation
with really interesting research and really interesting products.

You know, if you look at the type of
stuff that Dan Robinson or Dave White are putting out, for example, this is really interesting stuff
and they're [inaudible] but also a whole lot of nonsense. And I think it gives me the
ability to like, figure out, you know, which 1% or 5%
of this space is really genuine, interesting innovation in which
95%, 99% is complete nonsense. So I think that's an advantage. The other thing is
that, you know, like, in terms of the
financial crisis and macro it's never really been
my strong suit. I'm really more of a
micro guy and like, understanding the financial products
and themselves and how they work.

I don't know if there's
going to be a crisis or not. I do think that there has been a
very, very loose monetary policy in recent years, in no small
part due to COVID. You know, initially during
the financial crisis, I saw that very loose monetary policy
would lead to a lot of inflation. It didn't, so, you know,
I got this one wrong. I don't know that this take
will be wrong forever, though. – Okay, so no new prediction
here that we're taking away from whether or not you think a
2008-like crisis could happen here. – You can talk to Roubini
if you want hot takes. – Yeah, I don't see a 2008
crisis, I think, actually. You know, the thing is that they
printed a lot in the 2008 crisis, and you still didn't have
much inflation because there was a big
flight to quality.

People just wanted to delever
and just hold like, riskless assets. So, people just wanted to
hold a bunch of dollars or just francs or
treasury bonds. So despite all the
injection of money, it didn't really have
that much of an effect. I think it might be different. We're seeing more inflationary pressures
now than when we used to at the time and also a lot more
economic activity. I also think that COVID was
very transient as a crisis so, you know, at the risk of making the
same mistake that I made at the same time this time, I also
see some inflation. I've been historically
wrong about this. – And Kathleen, do you know what are
the three countries that actually have the highest cryptocurrency
trading volume? – No idea.
– Okay. – Blissfully unaware, I'd say. – It's actually the United States,
Russia and Nigeria. And so we actually have,
you know, in this country, people are so fond of crypto that it also became one
of the centers of NFTs. Ambrine Bdida and
Gregory Rudier went to Lagos to meet the actors of
this booming industry. They spent time with one of the
biggest collectors of the country: Michael Ugwu, a
businessman and grant who wants Nigerian artists
to thrive worldwide.

So now we're gonna
watch the story in Nigeria. If there's one city that
never stops, it's Lagos. It's Africa's largest megacity
with 20 million citizens. It's quickly seized an opportunity. Nigeria has become the third largest
user of cryptocurrencies in the world after Russia and
the United States. Recently, the country has been
going through an artistic revolution. It's now one of the cradles of NFTs. Something that's put a
smile on Osinachi's face.

– Thank you. – He's one of the world's
best known crypto artists. – I'm Osinachi. I'm 30 years old. I'm also Africa's foremost crypto artist. – Osinachi is one of
the pioneers of NFTs. He started creating his
digital works in 2017. – There is this piece
called 'A Beautiful Storm'. Another one that was quite popular is this one titled 'Choose
the Man you will Become'. It's made in the form
of a barbershop poster. It goes beyond the
idea of a barber poster. It now represents choices that
we make as human beings in life. Any other artists can decide to use
whatever software that works for them. For some it's Photoshop. I work with Microsoft word. That is what I make my art with and there are a lot of limitations
with Microsoft Word because it's not meant
to be used for art. Everything here, I can either
group or move around and I put everything together,
compose everything as I want and I get to export
as PNG or JPEG. I was still in secondary school when
my dad introduced me to the internet. In those days, you had
to go to a cyber café because you couldn't
afford a computer at home.

He took me to the cyber
café, opened my first email and just showed me a few things
and then I kept doing it, I kept going. And I think it was the love for the
computer that made me stick to the love for creating art. – His pieces are sold
for thousands of dollars to collectors all
around the world. In Lagos, one person saw
Osinachi's talent straight away and bought several
of his creations. – My name is Michael Ugwu and
I am an investor and entrepreneur. – He's also passionate about NFTs. His love of digital works is displayed
on all the walls of his building. Yep, he has his own building. – Hey, the king! – Even in his studio with
the artists he produces, he can't stop talking about NFTs.

– The production company,
they're doing something on NFTs. – Oh yeah, I need to
come for a tutorial. I mean, I do crypto, but that's
kind of where I stopped. – Okay, okay, okay. Same family.
– But I see you're going heavy on that. – I am all that. – Honestly, with the way you're talking
you're making me feel so ignorant. – Ah, no, no, no,
we're still early. – It's like, "I told you
guys to get in on this", and I'm like, "I don't
know what it is." – A couple of guys who
are doing some things, I don't know if you've
heard of Osinachi? He's like, probably the
biggest crypto artist. I mean, his pieces now, like,
biggest crypto artist out out of Africa, his pieces now go for
like, $50, 000, $90, 000.

– Those amounts don't
frighten the businessman. – I sleep, eat,
and breathe NFTs. I have a pretty
interesting collection. – In less than a year he's become
the owner of more than 400 NFTs. – This is a piece from Osinachi. FEWOCiOUS was one of the
first artists that I bought. His works can cost anything for me,
you know, half a million and up. I've been fortunate to have got some
things, you know, at great prices. These cost like 0. 2 ETH
when they sold. – That's $614. – So right now maybe
valued about 50, 60 ETH. – Between $153, 000 and $184, 000. – This is a curio card. The cheapest curio card I believe
available is about 4.

6 ETH, which is about $16, 000. I bought it for a
lot less than this. But right now I just wish I
bought more, like everybody else. – And do you have an idea
of your collection's worth? – I wouldn't be able to say. I have
an idea, but to me it's priceless. This is fine art. I have been to the
Louvre, I've seen the Mona Lisa and I'm like, "It's just, it's a
lady who looks a bit angry." [dramatic music] At the time when I first bought
NFTs I was like, "Okay fine." If I'm early to this space and we can
still have the van Goghs and the Monets and the Cézannes come out in this
day and age on this ecosystem, let me try and
find those guys.

– What if one day these digital van Goghs
were featured in Nigerian museums? What if NFTs were to be found
next to paintings and sculptures? – I think I like this piece. – The idea is slowly taking off. – My name's Oyindamola Fakeye. I'm an experiential art curator and
a learning and participation producer. Contemporary art is always
going to be innovating. I mean, let's look at Banksy. When Banksy was spray painting
walls and he became like this huge artist, people were like,
"What the heck?" You know, when Deschamps
was putting toilets in galleries, people were like,
"What's going on here?" Why I like crypto is because the starting point is, you know,
almost the same for everyone. There are not that many commercial
galleries representing artists.

So it gives them an opportunity
to represent themselves and to showcase
and to make money. – Osinachi is an example of
this type of success story. Today he can even afford to
pay to avoid crossing a puddle. – Just across this water. How much do you want? I'll give you 300. – He comes from a modest family and
never thought he would one day live in one of Lagos' most
expensive neighborhoods. – This is Lekki Phase 2
which is mostly developing. You have new houses that are
coming up, that are being built.

It's seen as the, what is this word?
It's the "upscale' region of Lagos state. So they believe it's for
the wealthy, which is true. To buy a house here, you have to have
like, good money in your account. – He says he owes his
fortune to one thing. – Yeah. Thanks to
crypto that I can do it. Right? So yeah, that's it. Let me take this call. – I don't want anyone to take it away
that it's a get-rich-quick scheme. If your artwork isn't strong, if there's not much
thought in your work, you're still going to face
the same challenges. – NFTs are all the
rage across Nigeria. – And that's something
that they talk about. You know, an NFT pays a lot. Like, would you rather buy a Ferrari
or would you rather buy a CryptoPunk? – What would you do? – I'd buy a CryptoPunk. – Michael Ugwu is a
trailblazer in Lagos. Today he's been invited to
Nigeria's very first conference entirely devoted to crypto art. The event's all the more remarkable
because the Nigerian Central Bank has banned
cryptocurrency transactions.

Rather than putting
Nigerian collectors off, more and more people want a
share of the booming NFT market. August saw $3 billion of
NFT sales worldwide, a 10-fold increase
in just a month. – How's it going? – Cool. My name is Chuta. We want to make sure that Nigerians
and Africans generally don't miss out on the opportunities that
blockchain technology offers. And we're focusing on NFT. And as you know, Africa is
very rich in culture and creativity.

So all of these can be
a unique opportunity for us to rewrite us
as Africans, okay? So, if we can unlock the wealth that
we have in residual from, through NFTs then we don't need to be begging for
aid from Western nations, you know? – It's important
we tell our stories. I don't think it's heard enough
and I don't think people understand the average African and
how the average African lives. And I think that there is a big opportunity
there and I want to be part of that, so I'll do my part,
I'll try to do my part, as long as God gives me
the energy and the strength. And actually, since we've
come back from Nigeria, Osinachi has actually
been the first African artist to have one of his
NFTs sold at Christie's.

So this is a really huge space, as you
guys know, and continuing to grow. Kathleen, I'm curious, you know, the Tezos
blockchain obviously supports NFTs, but, you know, what is something
about this that you think is an enabler for artists or people in
a way that, you know, it might not have been
before from previous systems? – Oh, it doesn't just support NFTs, it's also the place where
one of the largest NFT marketplaces in
the world takes place. And so, you know, unsurprisingly,
the artist that you just featured has also featured on Tezos and he probably
does so because they have low fees, it has, you know, also a more ecologically
-friendly platform than Ethereum, which is the prevailing
NFT, I guess, blockchain.

And yeah, I mean, you know, it's a
place where people rush to for quality, so, you know, Tezos has been
thriving with the NFT boom. – And you also were able to have
the infamous Doja Cat on your… – She's not infamous, she's
famous because she's awesome. Doja Cat's great.
– Yeah, she.. – She'll put anything on Tezos.

Say So is a great song. – Yeah, I mean, I totally agree. What has having someone with her
fame and sort of like, global stature being involved with Tezos,
what has that meant to you both? – I mean, it's good validation but like it's also good validation that Mario Klingemann's on there and a
lot of other famous artists who are, you know, extraordinarily
talented in there own stead. More importantly, it allows
people who couldn't afford to basically mint on Ethereum
a venue and a forum to basically, you know, express themselves. And I think that's beautiful in its
own right, Doja Cat or no Doja Cat.

So I think we're trying to be a democratic,
you know, forum for people to mint, and basically trade, you know, NFTs
without the burden of Ethereum's gas fees, and impact on
the environment and I think we're
doing that quite well. – You've mentioned a few things, but if you had to very clearly
state why Tezos as a project is differentiated from
other NFT marketplaces or just as a project
on the blockchain, what would you want
people to absolutely know? – I think the most important
one is the governance and the fact that it's
community-operated. – Makes good on its promises. – Well, yeah, but I think that's
a characteristic of the product more so than the
technology itself. – Yeah, fair enough. – But, you know, it's in the hands of its
community and it constantly upgrades. I think that's the number one. And two: a solid and
innovative technological stack. You know, it's a
project which has soul, and I think that's
really hard to replicate. – Thank you very much for both of
you coming to speak with us today. This is a place for crypto-curious
and crypto newbies, so it's important when they hit
Google Search to understand where things have
come from and why.

So thanks for joining us. – Have a good one. Okay, well thanks a lot to Arthur
and Kathleen for joining us today. Now, we just went to Nigeria
discussing the NFT scene and so I suggest we keep going
and opening more doors and going further
down the rabbit hole. This is the Deep Dive:
our dive into the depths of NFTs where we see what's
happening with Axie Infinity. And this is by Karim Rharbaje. Welcome to the Deep Dive, your weekly cultural journey
into the new world of tokenized art, artists, people,
businessmen, politics, it's the place to be. – Virtual reality. – Non-fungible token. – I'm going to Disney World! – Nanoverse. – NFT. [laughing] – Who? How? When? Why? We'll tell you everything
in the Deep Dive. And before we take a look
at the most recent gossip about the crazy world of
crypto art these last few days, we have good
news for you.

– Oh my God,
what is that? – You've always dreamed of being
a pro gamer but you don't have any particular skills in Call of Duty,
Fortnite or League of Legends? Want to collect NFTs but
don't have $69 million to invest in a
piece of digital art? Want to raise animals but
your apartment is too small? Then play Axie Infinity! With Axie Infinity, earn
money, lots of money, by playing video games
while collecting NFT.

It's real! It works! So, Axie Infinity is a video
game launched in 2018 by the Vietnamese
company Sky Mavis and founded by three men: Trung Thanh Nguyen, Jeffrey Zirlin
and Aleksander Larsen. [feedback] The goal of the game is simple: to raise, collect and battle
these adorable little creatures with various attacks and
skills in a turn-based team. – Pikachu! – Yeah, it does sound
a bit like Pokémon, which is also an assumed inspiration
in the Axie Infinity white paper, except that it
evolves on Ethereum [music] and each little monster named
Axie that the player owns is an NFT.

– We're using this
blockchain technology. – The number of Axies being limited, the notion of scarcity plays an essential
role in the universe of the game. Each monster or collectible
object in the game has a real value on the
exchange platforms. Essentially, Axie Infinity
is a crypto game and playing it requires
a basic investment. – It's quite expensive to get
started playing Axie right now. – The player must buy at
least three of these NFTs to be able to
enter the arena. [battle music] And with a floor price
of $300 per Axie, playing will require you
to spend at least $900. And in fact, in order to
do this, it's very simple. Download MetaMask, create a MetaMask
account, then download an exchange client, create an account on
the client by Ethers, synchronize your MetaMask
account with the client, choose the ERC-20 network, then
go to the Axie Infinity marketplace, choose three Axies,
carefully study their skills, don't rush it, buy the Axies,
then download Axie Infinity, install Axie Infinity, synchronize
Axie Infinity with the marketplace, create a new team,
place your Axies in it, there you go, you're ready
for some cute fighting.

[steam whistling] Okay, well, it's a bit complicated,
but it can be worth it because in addition
to the fun of the game, Axie Infinity follows the economic
model of play-to-earn video games and rewards regular players who
contribute to the ecosystem of the game. – You could actually own a part
of the game and make money. – By winning battles against other
players or against artificial intelligence and by completing relatively simple
quests, players receive AXS or SLP which are tokens directly convertible
into cryptocurrencies. So, playing becomes profitable. – Axie I think is an answer
to this question of, okay, what does an NFT
with true utility look like? You know, how can we
actually create a system where people can turn their
time and effort into real value? – Inevitably, the question arises: – How is that possible? – Well, to make it simple,
extremely simple, the money and value generated
by Axie Infinity players are shared between the players, where traditionally in video games, the
money generated goes to the developers.

You could spend real money to get
an in-game, you know, skin in Fortnite to help you look
cool or various things, but you no longer owned it,
it was just property of the game. By spending about two hours a day, an average player, or
even a not very good one, can earn an average
of $500 a month. – Whoa, that's cool! And of course, playing video
games and making money without being an esport genius, a little bit like not being
a pro basketball player, but still getting paid to play in
your backyard, it draws people in.

– The primary source of demand for
Axies is people who want to earn. – In emerging Southeast Asian
countries like the Philippines, playing Axie Infinity pays
almost twice the average wage. Gaming has become a
profession in its own right. Entire villages have taken over and real sponsorship
programs called 'scholarships' have sprung up to allow players who don't have the initial
capital to start grinding. – This is actually a problem that
our community solved for us. – and Axie Infinity's
numbers are insane. The Axie community is on its way to becoming
the largest community on Discord with over 800, 000 members. In a single year, the game has grown from 200, 000
monthly players to 20 million and Axie Infinity has become the
largest NFT collection in the world with a total trading volume of… $2. 2 billion. [nuclear explosion] And when you're Head
of Growth at Axie Infinity, like good old Jeffrey Zirlin,
clearly the job is done.

[metal music] By redefining the rules of gaming, opening the world of
cryptocurrencies to an audience that was not predestined for it, and offering opportunities
in the real world, Axie Infinity is on its way to becoming
precisely what it aspires to be: a metaverse. And to conclude this Deep Dive, here's a quick tour of the short
stories that have agitated the cryptocultural
news these last days. These are the quick dives. [Who's gonna break the news? ] And we start with the
revelation of the week. While many people were
wondering about the identity of the famous and powerful NFT
investor Cozomo de' Medici, the rapper and businessman Snoop Dogg
revealed through a very short tweet to be behind the famous nickname. Cozomo had made himself
known by sharing on Twitter his fine analysis of
the digital art market and by buying NFTs of magnitude like
CryptoPunks, Meebits or Art Blocks. [Snoop Dogg:] "I'm livin' the fast life" "jet after jet and trying
to keep my cash right." – Let's take a small detour now
by the short video site TikTok.

In a press release, the social network
announced it would launch its own NFT in the near future by
partnering with artists such as Rudy Willingham or Lil Nas X, both very present on the platform. "There'd be fashion, poppin' up in movies,
ain't no Nasy, bitch, it's Ashton" Social networks again, and the
big announcement from Twitter after having announced
that tips in bitcoin would soon be possible
on the Bluebird platform, Twitter announced through a
video from engineer Mada Aflak that the integration of NFT
was in the experimental phase.

– So you'd be able to edit your profile,
click on your avatar and select NFT. From this you will be able
to connect to your wallet. – if Mata Aflak specifies that
this is only an experiment, it shows Twitter's will to rely on
NFT in order to certify one's identity. – And then you will have your NFT as your
avatar with the Ethereum checkmark. – Well, the Deep Dive
is over for today. See you next week for a new
dive into the tokenized world. And that was
the Deep Dive. Thank you so much for
joining us again this week. We went to Lagos together, learned why everyone's
obsessed with Axie Infinity, and we were able to talk to the couple where we don't know if they're
gonna make it or break it on the blockchain with Tezos.

So make sure you subscribe to our
YouTube channel and join us next week because you don't know what's going
to happen down the rabbit hole..

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