The Breakdown
The Breakdown
What's going down in startups, marketing, crypto, and domain investing.
Artificial Intelligence
AI continues to dominate trends. From DALL·E 2 which generates images using AI from prompts and ChatGPT that answers questions, creates content, and even writes code.
DALL·E 2 explained here by OpenAI:
And here are some of my favorite prompts to give ChatGPT:
write a business plan for (business idea)
write a blog content outline for (blog post subject)
summarize the book (a book title)
If you haven’t tried it out yet, now is the time.
Domains
Scotts Cheap Flights has been rebranded as Going™️
Founder Scott Keyes said the site has outgrown its original brand. It took over a year and they went through 3,000 name choices before choosing Going™️.
The site gets 500,000 monthly visitors, has 2 million members, and over $500 million has been saved on flights!
A little history of Going.com: Scotts Cheap Flights acquired Going.com the domain from what was previously Yahoo (bought by Verizon). Before that, it was a local entertainment site started by Evan Schumacher which was bought by AOL in 2010 and later shut down.
Take advantage of the re-launch and start saving on flights today.
The most valuable domain name on the internet goes up for auction (again)
Sex.com previously sold for $13 million when it was just a domain name. Now it comes with a site and users. The minimum bid starts at $20 million, but only $10 million needs to be paid upfront. Bidding is underway until January 31. I’m not going to put a link to it, I think you can find it if you want 😉
Crypto
Crypto winter continues after the fallout of Celsius, BlockFi, FTX, and other crypto exchanges. There is hope though with new regulations and a new interest in Defi that the market will stabilize. Hopefully, we will learn our lesson this time.
Companies continue to invest and more importantly integrate their products and services with blockchain technology and services.
A new stablecoin in Australia is launching. AUDN is fully backed 1-to-1 by the Australian dollar by The National Australia Bank (NAB).
It will be launched on the Ethereum and Algorand blockchains in 2023.
If you’re still holding all your crypto on an exchange, it may be time to think about getting a hardware wallet because you know what they say “not your keys, not your coins”. Stay safe out there.