Nft

Web3

Defi

Crypto

December Updates, 2022 Recap, and Looking Ahead

It’s Jesse, the founder of Praise Token. It’s been a crazy year for crypto and for Praise. Let’s take a quick look back…

• The industry was flying high in January and February, still buzzing off a strong 2021 with rising cryptocurrency prices and the explosion of NFTs.
• Somewhere around March, the market began to dip, and we’ve been in a slump ever since
• The NFT market plummeted
• Terra Luna, 3 Arrows Capital, Celsius, Voyager, FTX, and other centralized companies went under, wiping out over $100 billion in crypto assets
• Elon took over Twitter
• AI showed signs of a major upswing

We accomplished a lot at Praise, including…

• Exhibited at NFTLA in March
• Launched the Praise Pals™ collection
• Launched the Praise Gold Member Card​
• Partnered with Award Pool to launch Pal Points​
• Made progress on exchange listing agreements and planning for the release of Praise Token, including an LOI from a top ten crypto exchange
• Merged our existing agency into Praise Media and picked up NFTLA and DLC.link as clients, with more in the pipeline
• We’re developing a powerful Web3 marketing platform focused on co-creation.
• Began the development of our next game in partnership with Splinterlands.

Thank you to all of our customers, supporters, partners, and friends. We’re anxious to release updates about a new product in development, but we’re holding off until the new year. To be continued in 2023…

Wishing you Love, Peace, and Praise

🤟✌️🙏

J