Welcome to the OpenSea news brief; let’s recap the most significant NFT and web3 updates from this week. MegaETH dropped their terminal points system alongside the token launch. MegaETH is an Ethereum L2 token aimed at slashing transaction confirmation times down to milliseconds. It launched the MEGA token on April 30th, along with the Terminal points system to track how users interact with apps running on its network. This setup comes with a bunch of restrictions. Reports say users can only choose up to three apps per week, and points are earned based solely on actual in-app activities, not on trading volume, wallet turnover, or fund circulation. Points aren’t transferable, so they’re closely tied to the usage observed within the system.
In recent years, some events in the tech circle have sent shivers down the spines of all Chinese developers: OpenAI announced that from July 9, 2024, they will cut off API services to Chinese developers. Claude is even more ruthless - announcing that starting September 2025, any company with over 50% Chinese capital will have their accounts directly banned, no matter where you are, a hard cut. In February 2026, OpenAI took action against Chinese accounts linked to cyber special forces, fake accounts, and attempts to contact U.S. officials, continuing to halt API access for countries and regions not on the support list (including China), and executing a mass exit of domestic applications that are just shells.
Art Blocks and OpenSea's artist residency program aims to support creative artists, and we invite artists to apply for a 4-6 week personal residency program in Marfa, Texas. Our artist cabins (or guest rooms) are fully equipped to provide a tranquil environment for resident artists to create, and participating artists will receive accommodation, a stipend, an Art Blocks studio contract, and time to focus on their art creation in the local Marfa environment and community atmosphere. At the end of the residency program, artists will showcase their work to the local community. Artists participating in the Art Blocks x OpenSea artist residency program must not be attending school or participating in other residency programs at the same time, nor may they use the residency period to engage in commercial projects or commissioned works.
Is your project going overseas? Hold up on buying that ticket; you don't even know where the people are.
I have a friend in Web3 who went to Dubai last year to expand his market. Before he left, he was pumped and posted a screenshot of a business class ticket from a certain airline with the caption: "New journey, see you in Dubai." Three days later he posted: "Dubai is great, but renting an office is super expensive." One week later: "Hiring in Dubai is tough, I applied to three platforms, and the resumes I received are fewer than the hairs on my head - and I’m already balding." One month later: "Guys, does anyone know someone in Dubai doing operations? Urgent, waiting online." Three months later, he came back. His social media was quiet for a long time.
Welcome to the OpenSea newsletter, let's recap the most important NFT and web3 news this week. Beeple is throwing an exhibition at the NODE Foundation's Palo Alto branch this weekend. Digital artist Mike Winkelmann, better known as Beeple, held a new exhibition at the NODE Foundation in Palo Alto last weekend. This nonprofit organization focuses on digital art experiences. The exhibition showcased Beeple's work along with pieces from other digital artists. This artist posted on X to thank the organizers and attendees, expressing gratitude to these creators.
Let's get straight to the point This week, oh-my-coder completed the most intense iteration ever, transitioning from a command line tool to a desktop app, evolving from a single feature to a full-fledged Agent collaboration system; we've basically polished the entire project. If you checked out this project last week, coming back this week, you'll see it's a whole new ball game.
What we accomplished this week 🖥️ The desktop version is officially live This is the biggest update of the week. oh-my-coder now has a real desktop app, so you don't have to stare at the black command line anymore; you can execute all your trades in a clean interface:
First, let me say something that really hurts. Hey guys, how have you been lately? I know you probably don't want to answer this question. I glanced at my holdings, then at the calendar – damn it, another red day, no, the kind of red that's so bad it's like my own mother wouldn't recognize me. The candlestick chart has been more convoluted than my life. Yesterday, a programmer friend asked me to go drinking. He's 34, with even less hair than me (and I'm already losing a lot). He works as a coded programmer at a big company and trades cryptocurrency in his spare time. After a few drinks, he said something to me with red eyes: "Brother, I feel like I'm risking my life for money."
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