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👀 Will this billionaire screw up crypto?

This tech billionaire is making everyone rethink the state of crypto. Will it make crypto go to zero or make it moon?

Good Morning. Welcome to The Seek, the one-stop shop for crypto news. We have a good one today, so strap up and get ready for this ride 🚀.

Here is what to expect today:

  • The billionaire creates a crypto project

  • Coinbase announces cbETH

  • The man who is making people rich

  • The Weekly Meme :)

THE BILLIONAIRE CREATED A CRYPTO PROJECT

The tech billionaire, Adam Neuman, notorious for his leadership 🤥, is joining the crypto game. Before we get into his crypto startup, let's introduce Adam Neuman to the people who have been living underneath a rock.

  • CEO/Co-Founder of WeWork

  • Takes #1 spot for IPO failure of the decade

  • Removed as CEO because of his "concerning leadership style"

Adam Neuman is creating a crypto project, Flowcarbon, to help climate change. The base concept of Flowcarbon is to offset carbon dioxide, like how you buy carbon credits from brokers or from the developers of the project but uses cryptocurrency instead.

But many people are becoming skeptical. Guy Turner, CEO of Trove Research stated out of 23 million carbon credits bought only 2% have been truthfully fulfilled.

Will Adam Neuman Turn The Game Around or Will He Flop Again? Reply to this email with your answer 😁

COINBASE ANNOUNCES CBETH

Coinbase is allowing people to stake their Ethereum within their platform in return for cbETH. This is huge knowing Ethereum is transforming into a proof of stake model in 15 days.

Why would anyone stake their Ethereum? If you lock up your Ethereum you help validate transactions and in return, you get rewarded with Ethereum. Currently, rates are set at 3.5% a year.

Coinbase is offering a guaranteed 10%. They are offering every $100 you stake in Ethereum you will get $10, however, the maximum amount each person can get is $50.

THE MAN WHO IS MAKING PEOPLE FILTHY RICH

Jim Cramer, American television personality and author, is making everyone rich! But it is not because of his intelligence, but quite the opposite.

A Twitter user Algod started a challenge to turn his $50k into $1 Mil and he has already doubled his investments. His startegy is super complicated, Invest in the companies that Jim Cramer bashes on, that's it.

If you want to go check out Jim Cramer's trades, so you can do the exact opposite, then check out Inverse Cramer ETF.

THE WEEKLY MEME

That's it for today folks. Stay tuned till next Wednesday! If you want to ask questions or reach out, respond to this email :)

DISCLAIMER: The Seek does not provide any financial advice. This newsletter is strictly for educational purposes and should not be used to make any financial actions. Please be careful and do your own research.