Welcome to this episode of our podcast. In today's market update, we start with equities, which closed low on Friday due to payroll numbers falling below expectations. As we begin the new week, the markets are opening unchanged, with both the S&P and Nasdaq showing a slight decline.

Shifting our focus to the cryptocurrency market, Bitcoin dominance has risen back to around 51%, resulting in some pain for altcoins. Amidst the chaos, Solana has managed to maintain a decent base.

In recent news, @VitalikButerin, a prominent figure in the crypto space, has been making appearances and was recently featured on a Space with the Taproot Wizards. Surprisingly, he is not a hardcore maximalist when it comes to Ethereum, as he actually came from the world of Bitcoin.

Moving on to the NFT market, Bored Apes experienced a dip but have since rebounded, with prices for certain pieces reaching up to 35 ETH. Notably, a hoodie Punk was traded for an impressive $400k. Additionally, there has been a reduction in Blur Farmers, and healthy sales have been observed in items like Fidenzas.

We are joined by Neal Gorevic the Chief Marketing Officer at Consensys, an organization that predates the formation of the first Ethereum block. Consensys sees itself as an end-to-end shop for builders and developers worldwide. Neal previously held the position of Global Head of Consumer Marketing at Spotify before joining Consensys.

Consensys recently conducted a global usage survey, revealing that emerging markets are more receptive to cryptocurrencies and related technologies than Western markets. There is a palpable excitement about crypto and its potential.

In the discussion segment, we delve into the concept of creating a more optimistic internet. While the internet has seen fantastic innovations in communication, the rise of advertising has led to the invasion of our personal information. Neal envisions a future where communities can self-form and build from the inside out, bringing about a new type of internet.

When communities form, culture becomes a natural byproduct. It is crucial for the crypto space to actively promote and nurture these cultural aspects. Consensys' shift in control aims to empower builders and provide them with a sense of agency, ultimately driving the space forward. They offer a comprehensive suite of tools to support this mission.

That concludes our podcast episode for today. Thank you for tuning in, and we'll be back with more insights and updates next time.

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