Cryptocracy

Cryptocracy

Hot news and analysis from the world of cryptocurrencies. No hype, just the facts plus a little snark. Delivered from an award-winning journalist, former newspaper editor, and world-class content strategist.


Web3 Social Media Earnings, June 2023

7 Jul 2023 4 minute read 8 comments Allen Taylor

Collect this post on Paragraph and receive an airdrop of 200 Taylor Tokens ($TAYL). After an excellent earning month in May, June fell off a cliff. That's the way it is in Web3. It's unpredictable, but that doesn't mean great things aren't taking pla...

Is Twitter Boosting Web3 By Committing Suicide?

5 Jul 2023 3 minute read 8 comments Allen Taylor

TOP NEWS THIS WEEK: Users experience issues after Twitter places daily limits on reading posts, supposedly to combat data scraping. We've all known all along that Twitter, Facebook, and legacy social media platforms have data issues. If user data isn...

Canada's New Law Could Inhibit Your Content Freedom Even If You're Not Canadian

30 Jun 2023 5 minute read 8 comments Allen Taylor

Canada is making history and not in a good way. In May, the country north of the largest internet user base passed a new law known as Bill C-11. It's also being referred to as the Online Streaming Act. But what is it? Bill C-11 is an amendment to Can...

Web3 Is Getting a Boost, Courtesy Canada's Goofy Social Media Laws

28 Jun 2023 3 minute read 0 comments Allen Taylor

Are Bitcoin Ordinals the future of NFTs? This tweet makes some great points. Serious NFT investors consider chain risk. For that reason, bitcoin could be the NFT platform of the future. On the other hand, there are some drawbacks. Meta will block soc...

Is Web3 Really the Future of the Internet?

23 Jun 2023 6 minute read 7 comments Allen Taylor

After studying Web3 for several years and having written two books on the subject, I've come to the conclusion that Web3 is definitely the next phase of the internet. That doesn't mean that everyone will onboard onto Web3 right away. It's likely that...

What Ethscriptions, DAO Work, and Social Tokens Have in Common

21 Jun 2023 3 minute read 0 comments Allen Taylor

Personal note: Recently, I launched the Taylor Token ($TAYL), a personal token for my fans and me. To learn how you can receive some $TAYLs, listen to the Defluenced podcast later in this newsletter or read my MIrror essay on social tokens. If you li...

Hanover, Pennsylvania: History, Culture, and a YouTube Video

20 Jun 2023 1 minute read 1 comment Allen Taylor

Behind Palestine, Texas, our next most popular video is Hanover, Pennsylvania. If you really want some history, this little town is rich with it. And culture too. Home of the Hanover Shoe Farms, Hanover was also instrumental in the Civil War. Just a...

Who Wants Some Taylor Tokens?

19 Jun 2023 5 minute read 23 comments Allen Taylor

I’ve been thinking about creating a personal token for quite some time. Late last week, I finally did so. I tested the distribution of these tokens on a few subscribers to one of my Paragraph posts. I sent 100 tokens to all three collectors and all t...

Web3 Publishing: The Top 5 Platforms for Writers

16 Jun 2023 9 minute read 2 comments Allen Taylor

I'm convinced Web3 publishing is the wave of the future, but that doesn't mean I'm convinced of every single promise Web3 gurus make. Some have staked their futures on non-fungibles (NFTs) while others are bullish on hard-earned rewards. Still others...

XRP Gets a Big Lift, and I Created My Own Social Token

14 Jun 2023 4 minute read 7 comments Allen Taylor

Good morning my fellow Web3 nerds, Yesterday, I finally quit thinking about it and created my own social token. It was much easier than I thought it would be, and I didn't use a platform like Roll. Instead, I used a token creation protocol and, in ju...