The Insider #87

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Ascend
January 29, 2024

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Pudgy Penguins announces licensing for Chapter 2 of Pudgy Toys is now live with the beta launch of OverpassIP, Pudgy’s own licensing platform. OverpassIP allows brands to license holders’ IP at scale, transparently and on-chain. After the public launch of Overpass, more communities will be able to participate in licensing via Overpass. That’s what I call killing 2 birds with 1 stone. Pudgies are not only expanding on their IP mission but they will also make a business out of it by helping other brands and communities license their IP. Bullish on Pudgies. (source)
A creator finds @degamingxyz account on X, suspects DeLabs might also add Web3 Gaming to their arsenal. Frank follows the account. We know Frank likes taking advantage of hype trains and web3 gaming has exactly became that. I see this as efforts to turn the sensation around DeLabs back to positive. There’s a limit to using hype-reliant silent marketing strategies, creating expectation, failing and then trying some other things though. (source)

Pudgy Penguins Announce Chapter 2 Licensing via Overpass

Google approves Bitcoin ETF advertisements. This is a significant milestone for cryptocurrencies. This approval will allow CEXs, Asset Managers etc. to bring more visibility to Bitcoin. (source)
Nancy Pelosi was asked if Congress members should be banned from trading stocks. As you’d expect, she replied “No … This is a free market.” Even though this is a free market, insider trading is illegal. I’m very curious to understand how a Congress member with an annual salary of 223.500$ accomplishes to increase her net worth to ~120.000.000$. In early 2020, Nancy Pelosi’s success with the stock market was so impressive that her trades were tracked & copied by the trader community. (source)

Nancy Pelosi Defends Congress Members’ Rights to Trade Stocks

Jamie Dimon, CEO of JPMorgan, says US economy is speeding towards a cliff as debt continues to mount. (source)

JPMorgan CEO Says US Economy Is Speeding Towards a Cliff

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