Well, Nonsense is back! It may not always be daily but it’s time to put some fun back into crypto news. Let’s dive right in:
The founders of the NFT project, Pudgy Penguins were kicked out from their own project after apparently draining the treasury and not delivering on promises. Some are calling for the governance of Pudgy Penguins to be decentralized so that the few whales stuck with PP bags can also drain the treasury after making unrealistic promises.
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Cardano reached its goal of planting 1 million trees, thus officially confirming that its blockchain is deadwood.
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According to BitMex’s co-founder, altcoins may lose up to 90% of value soon. But with enough leverage on BitMex, you can increase your loss to 900%.
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GameStop hired a 20-person team to build a gaming NFT marketplace, answering the age-old question of “How many devs does it take to copy OpenSea’s code?”
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The original “Ethereum killer” blockchain, Tezos, is entering into esports. No word yet on when Tezos plans to enter into being a viable blockchain anyone gives a crap about.
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And that’s it for this dose of crypto noncense. If you liked it, please subscribe and tell your friends. More noncense soon.