🌐 What is Web3 Social Intelligence?

Hello Nutty Family! Right now we are experiencing a mini NFT bull right now and are seeing collections explode! Just saying, be cautious while trading and hope the odds are in your favor!

Let us dive into what we will discuss today!

• Web3 Social Intelligence 🌐

• Web2 brands 🤝 Web3

• Some other NEWS in a Nutshell 🥜

• Nutty Meme 🥜

Animal jpegs are preferred over your faceWhat a time to live in, my grace!web2 meets web3 over callthese partnerships not small 

Web3 Social Intelligence 🌐

Web3 has a culture. A culture of swapping your real-life picture for jpegs of animals, pixelated humans, and random, beautiful foot pics. Anything EXCEPT your own face. 🫣 

JPEGs of Monkeys > Own Face 🐒> 🤦

The monkey JPEG is worth more than $100,000. So which picture has a better chance of getting laid someone admiring you? 😏

However, people do not put up pictures of their JPEGs just to flash their status. It has a much larger meaning. 😯

They put it on display to show,

• Their love towards the particular collection, artist, or founder ❤️‍🔥

• Their devotion to the community 👍

• When the PFP resonates with their personal life 🚶

When they have the pfp for a certain time period, that particular NFT gradually becomes a part of their digital identity. 🤝

Now when something becomes part of who you are, you begin to attach sentimental value to it, which further makes it immeasurable to you in monetary terms. 

🖼️> 💰

It becomes "till death do us part."  🗡️

In terms of crypto, HODL to the moon, or 0. 🚀 🌛

When you get a lot of people to use your NFT collection as their personal pfp, that is when you start building a solid community. 👯

A solid community is the gateway to MOON your NFT collection. 🚀

Now we understand the significance of the random animals we see everywhere. But how do we track the number of people using any NFT collection as their pfps? 🤔

This is where nftinspect.io comes in! 🚪

It monitors Twitter and gathers information on the number of Twitter accounts that use a PFP from any given NFT collection! This enables you to see the number of people who believe in the project. 😋

Wait, it does more things. 👀

It also gives you an idea about the community reach of any NFT collection! 🌍

What is community reach? This is the percentage of all NFT Twitter users who have been exposed to any particular NFT collection in the last 24 hours! 🌐

Yes, this tool outperforms 99% of the free NFT projects available. 😜

It basically served as the social intelligence layer of Web3. 🫡 It helped measure the social strength of any NFT collection.

ALL OF THIS FOR FREE!

Why are we talking about them today? 

Inspect.io was one of the first tools to introduce the ability to check social power, and it recently announced that it is closing shop. Apparently, it could not generate enough revenue to continue building. 😞

It has been a fantastic tool that has provided utility to everyone without taking a single dime. We believe the space requires more tools and software with noble (and profitable) intentions. 🫡

However, it has received several offers to buy, so let's see where it goes! 💌

Web2 brands 🤝 Web3 

2022 saw scores of web2 brands start making their footprints in the web3 economy. The first week of 2023 saw similar moves again! 

This week saw 2 moves made by top dogs to bring Web2 and Web3 together. The moves being made majorly in the entertainment space. 2️⃣

1. Mastercard launches an incubator for Musicians  🎶

The incubator will help artists to

• Connect with notable mentors and a dynamic fanbase (not sure what they mean by "dynamic fanbase"). 🤝

• Gain exclusive access to special events, music releases, and more. 🌟

• Learn how to build a brand in Web3. 🏗️

• Mint a limited edition NFT ⛏️

Mastercard has partnered with Polygon to further this initiative, which will start in spring 2023. 💐

2. United Talent Agency partners with PROOF 💃

United Talent Agency is one of Hollywood’s largest talent agencies, and PROOF (moonbirds) is the 11th most valuable NFT brand in the world.

The partnership is focused to

• Extend Moonbird’s brand beyond the Web3 audience 📣

• Help moonbirds vet and secure partnerships in the divisions of film, television, music, video games, sports, books, branding and licensing, speaking, marketing, fine arts, broadcast, and more. 👏

PROOF COO Kevin Rose tweeted to announce this partnership. 🐦

Some other NEWS in a Nutshell 🥜

• Polygon paid y00ts $3 milllion in a no-equity deal to switch chains.

• People withdraw over $60 million from Huobi exchange after it announced layoffs.

• NFT founder arrested for defrauding investors of over $3 million.

Also today I partnered with our friends at Doodhwala to release an article on Web3 gaming! Do check it out here! Also drop a hi and say Nutshell Daily 🥜 sent you! You will defintely learn something, GUARANTEED!

Nutty Meme 🥜

That is a wrap for the first week of 2022! Hope you learnt something new today! Meet ya next week!