If looking at the charts and your net worth isn't bringing you joy anymore here are a few tales from the blockchains that will most certainly make you feel better and a lot smarter.

Spice DAO Goes Full Retard

Spice DAO has spent 2.6 Million euros on a book that was supposed to give them full intellectual ownership over the Dune series. A small price for a timeless hit some would say but others had to ruin the party.

As it turned out, the book is one of 10-20 copies that were printed as a part of a limited series and the buyer doesn't also become the owner of the intellectual property, but rather the book itself and nothing more.

Never go full retard.

Irene DAO and The Simp Economy

If your name was Irene Zhao, a name that perfectly rhymes with DAO, would you not seize the opportunity?

There is already a swarm of Giga brains on Twitter calling this move intelligent and brave. And while the sea of young men badly in need of sexual intercourse send their congratulations to Irene, this brave Twitter personality is bringing in profits and setting records on all fronts.

An event that will hopefully be forgotten in a matter of weeks has generated a lot of attention and a floor price of 3 ETH per NFT.

Another sign that the market is due for a serious shakeout if you ask me.

Harmony One Stops Working

According to reports the Harmony One blockchain was put to a halt for about 7 hours after "heavy spam traffic" broke this blockchain.

After hours of headaches for the developers, a simple solution was found - increase gas fees to prevent spam.

OHM and Time Take a Big Blow

OHM has to be the most forked DeFi protocol after Uniswap. In the past few months, OHM was topping the charts after news of Mark Cuban involvement and a revolutionary new tokenomics model. A few months later, OHM has hit an all-time low of $104.68 causing similar projects like Time to experience significant drops in value.

Despite the steep price decline staking APY is still very high which could be an opportunity for some, and a reason for concern to others.

More Games Coming To Hive

@psyberx has been a true discovery for me last week. It is a new game that is being built on top of Hive and is best described in this post by @dagger212.

Airdrop news and early game footage are already out there so I highly recommend checking that stuff out. In terms of graphics, this will be by far the most advanced game to be built on Hive so far.

Invest in GameFi Through 1UP Cartel

If you are trying to capture the value growth of the whole GameFi ecosystem here on Hive or even outside of this ecosystem, there is an easy way to do this thanks to @oneup-cartel . Instead of chasing every opportunity that emerges simply invest in Cartel tokens and reap the rewards once the dividends start being paid out.

A lot of information can be found in this article but the basic premise is fairly simple - the Cartel is a gaming organization that takes care of leveling the accounts and investing in promising GameFi projects using the funds collected from the token presale.

January 16th was the last day Cartel could be purchased for $10 per token and starting today 1 token will cost 11 HBD with further price increases in the coming weeks and months. Not breaking news per se but something worth looking into if you are planning on investing in the GameFi industry.

Posted Using LeoFinance ^Beta