THE HASH: After Super Bowl Ad, DigiDaigaku NFTs’ Price Rises; Bakkt to Discontinue Consumer App
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 13 February 2023
⏱️ 25 minutes
🧾️ Download transcript
Summary
The most valuable crypto stories for Monday, Feb. 13, 2023.
"The Hash" panel weighs in as the price of DigiDagaku's non-fungible token (NFT) is rising on the secondary market after the project’s expensive commercial aired during the Super Bowl last night; bankrupt Genesis Global Holdco unveiled the final details of a proposed plan to sell itself and Genesis Global Trading to help parent Digital Currency Group pay off some of the firm's creditors. Plus, Digital asset platform Bakkt will discontinue its two-year-old consumer-facing app as its focus shifts toward business-to-business tech services.
Disclaimer: DCG is also the parent company of CoinDesk.
See also:
DigiDaigaku NFTs' Price Rises After $6.5M Super Bowl Ad
Genesis Unveils Proposed Sale Plan With DCG, Bankruptcy Creditors
Digital Asset Platform Bakkt to Discontinue Consumer App After Two Years
This episode has been edited by Michele Musso. Our executive producer is Jared Schwartz. Our theme song is “Neon Beach.”
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Transcript
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| 0:00.0 | This is the HASH podcast. |
| 0:11.0 | Stay informed with the latest on Bitcoin, ETH, the Metaverse, Web3, and more, |
| 0:15.9 | with stories that matter to the crypto world, all on the hash for your ears. |
| 0:23.0 | You're listening to the Coin Desk Podcast Network. Hey there, happy Monday. Welcome to a fresh week of the hash here |
| 0:29.6 | on CoinDest TV. Sorry if you're an Eagles fan, but life goes on. Let's do this thing. I'm |
| 0:36.3 | Zach Seward. We got Will Foxley. We got Wendy O, |
| 0:39.8 | and we got Christy Harkin. And Wendy is opening the show with a bit of a Super Bowl thingy Mabobber. |
| 0:46.5 | Let's hear it. Wendy, what do you got? So we thought we were not going to get any crypto Super Bowl |
| 0:51.1 | ads, but we actually did because we got a digital collectible slash |
| 0:55.3 | NFT, which I think is a cryptocurrency. That's just my opinion. But Digi-Dico, and apologies |
| 1:01.7 | if I pronounce it incorrectly, Super Bowl ad baffles viewers, but the free NFTs are still selling |
| 1:07.0 | for approximately $700. I do believe we have a commercial from the Super Bowl. |
| 1:15.1 | Oh my, scan now, scan now. Anyways, I don't scan stuff at all. Like, I didn't have my burner |
| 1:22.3 | phone with me and I didn't want to scan it because you never can tell. But anyways, |
| 1:26.1 | as you guys saw that it featured a QR code to |
| 1:28.3 | scan to mint one of 10,000 free Dragon Eggs, which are part of the game's Ethereum NFT project. |
| 1:34.3 | And it's a Web3 gaming startup limit break and they paid $6.5 million for the ad. And some of the |
| 1:39.3 | viewers say the QR code took them to the Twitter instead of the mint, which I believe it wasn't |
| 1:43.5 | even the company. It was somebody that was affiliated with the mint, which I believe it wasn't even the company. |
| 1:44.9 | It was somebody that was affiliated with the project. But I think I saw Christy's hand up, |
| 1:49.7 | if you want to go ahead and tackle this one. That's funny. It wasn't even so much a hand-up as I |
| 1:55.7 | was like, you know, agreeing with you. Oh, okay, good. Oh my gosh. Please, please,, please don't be scanning random QR codes that show up |
... |
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