Our new DeFi path is live

Good morning 💫

Welcome! This week we launched our new DeFi path and continued our bootcamp. As always, we’ve summarised the best reads from Web3 for you.

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What’s happening in Odyssey

Our new DeFi path is live. It covers the basics of DeFi, stablecoins, staking and much more. Check it out here.

We’re hosting a kick off event for our Developer guild on 11 May, 7 AM PT. Register here.

We’re hosting a celebration for our bootcamp attendees (everyone is welcome!) on 13 May, 8 AM PST. We’ll also talk about how to build skills for Web3. Register here.

We’re half way through our first bootcamp. We ran a raffle with the Surge Women NFT collection.

Odyssey @odyssey_dao

📚Bootcamp is halfway done with many great giveaways 🔥! @surge_women is raffling 1 NFT off to @odyssey_dao followers.❤️   Surge Passport NFT is filled with Web3 perks available UPON mint. To enter:   1️⃣💥Retweet 2️⃣💥Tell us why you’d benefit from this golden ticket to #Web3!

We also hosted an event on how to stand out in Web3 and get hired. Check out the link below for the recording.

Odyssey @odyssey_dao

Hosting a session with @_SchusterDev on how to stand out and get hired in web3 as a dev and more. Join us: https://t.co/IZuwXWpD0N

You will find all future Odyssey events here 💫

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What’s happening in web3

The WSJ ran a piece claiming that the NFT market is flatlining. Several folks pointed out that WSJ was using inaccurate data.

Tom Schmidt @tomhschmidt

The @WSJ just published an article claiming that NFT transactions are flatlining, which appears to be totally based on incorrect data from Nonfungible.com (compare with on-chain @DuneAnalytics data). Did no one bother to check primary sources? Also why not $ volume?

The Otherside NFT sale continued to dominate headlines. It led to primary revenue of $310 million, incurred gas fees of $177 million and $150M of ETH was burned from the system. I wrote a deep-dive on it here.

If that wasn’t enough, it also generated $623 million in secondary sales within 4 days.

bender @0xBender

I’m shocked that the secondary volume of the Otherside isn’t being talked about more 215k ETH volume in 4 days. That’s $623 million Insane, keep telling me NFTs are dead

Solana was down for nearly 7 hours. It was taken down by bots who spammed the network.

Strata Protocol @StrataProtocol

(1/15) Solana network was taken down again by bots. Let’s talk what happened, why, and what both the community and Solana devs are doing. 🧵

Starbucks announced that they are adding NFTs to their loyalty program.

GREG ISENBERG @gregisenberg

Starbucks just announced they are adding NFTs to their loyalty program With 26 million members on their loyalty program already, Starbucks could create one America's most used crypto wallets Starbucks could move from being just a coffee company to a crypto company ;)

Big week for Binance. They won regulatory approval in France, and contributed $500m to Elon Musk’s Twitter buyout.

CZ 🔶 Binance @cz_binance

Crypto exchange #Binance wins regulatory approval in France

cnbc.comFrance becomes first big European nation to grant crypto giant Binance regulatory approvalChangpeng Zhao, Binance’s CEO and founder, described France as “very progressive” in adopting crypto.

CZ 🔶 Binance @cz_binance

A small contribution to the cause.

db @tier10k

MUSK FILES AMENDED 13D ON TWITTER, RECIEVED EQUITY COMMITMENT LETTERS INCLUDING $500M FROM BINANCE

Gucci is going to accept crypto payments. It will start as a pilot in 5 stores and plans to expand to all its North American stores this year.

Blockworks @Blockworks_

Italian luxury brand @gucci to accept crypto in some 🇺🇸 US retail stores

The Vatican is using NFTs to democratise its art.

Blockworks @Blockworks_

NEW: Vatican to create an NFT gallery to democratize art

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As always, join our community to check out more events, contribute to a project, and stay up to date. Until next week!