Rally Digest #60 (February 8, 2022)
Welcome to the Rally Digest, a weekly round-up of everything that’s happening around the Rally project.
Social Token Launches
Crescendo! Podcast — $CRNDO
Crescendo! is a new seasonal podcast from award-winning podcast host and author Greg Bresnitz, which explores the intersection of food and music. Each episode, Bresnitz interviews a chef, who guides listeners through an imaginary menu where each dish is paired with a song. The guests share personal stories and insights about their selections, examining the convergence between these savory, sweet, and sonic moments as they build towards each episode’s Crescendo!
Freestyle Trampoline Association — $FLIPR
By purchasing the FLIPR Coin you are supporting the grass-roots community of Freestyle Trampoline. The coin will unlock NFTs from the Freestyle community in the form of videos of World’s First Skills, Greatest Moments, Influencers, Amazing Athletes and Brand in the community where you can trade and collect the NFTs from the community and be part of the future of the sport of Trampoline. Your investments will fuel the next generation of “Flippers” to take the next step for the global Movement! #FLIPPERcoin
NFT Spotlight
Auggie Velarde’s NFT Clanger recreates organic audio sourced from natural environments with code. The Peru-based musician blends modern sound with algorithmic rhythms, inspired by philosophical perspectives on what the future of audio and our natural environments may look (and sound) like.
Creator Spotlight
Rally creator Nicholena Moon explains how she uses her $MOON coin to host Hearthstone tournaments, provide access to exclusive merch, and more. Our new interview with her gets into how she got started, how it’s going, and what she’s planning for the future.
Industry News
Snapchat’s TikTok competitor, Spotlight, is gaining users, signalling a successful shift by the video platform to retain users, and it’s good news for creators, The Information reported. The Spotlight feature focuses on short-form video and it helped Snap’s stock surge by 60% after it released an earnings report showing its first ever quarterly profit.
Meanwhile, Meta’s TikTok competitor, the Reels feature in Instagram, is also showing signs of traction, The Information reported. During earnings calls, Meta top brass said the feature was its “fastest growing format.” How this translates to revenue for creators isn’t certain yet.
Buzzy creator incubator Launch House has raised $12 million from Andreessen Horowitz to build “an institution for the new Silicon Valley,” a co-founder told The Information. Creators pay a fee to live in an actual house managed by Launch House, plus an annual membership fee, but don’t have to give up any equity, unlike traditional Valley incubators.
Venerable entertainment title Variety published an opinion piece talking up the potential for DAOs to create a new relationship between artists and fans. “Think of DAOs like artist fan clubs with omnidirectional capability,” writes Infiniteworld’s Jeremy Gilbertson.
Another venerable title, The New Yorker, also published a piece on DAOs recently. It’s a snapshot of the current DAO zeitgeist by regular contributor Kyle Chayka, who himself runs DirtDAO, which features writing by him and others, gated by the DIRT social token.
Coachella is dropping a collection of utility NFTs and partnering with FTX to do it, NFT Now reported. The tokens will grant 10 holders lifetime access to the festival. Two more collections feature iconic festival photos and digital Coachella poster art.
