
Tech Brew Ride Home Tue. 12/27 – Is The Sun Setting On SOL?
Dec 27, 2022
Could one of the biggest names in crypto be fading? As Solana faces developer losses, the future looks uncertain. Apple is grappling with supply chain setbacks linked to COVID-19 in China. Concerns about AI coding tools suggest they might create more problems than they solve. Meanwhile, meet Temu! This emerging e-commerce platform is making waves in the U.S. with its competitive pricing, potentially changing the online shopping landscape.
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Solana's Decline
- Solana's top NFT projects, DeGods and y00ts, are migrating to other blockchains.
- This signals a potential decline in the Solana ecosystem, as ambitious projects seek other platforms.
Polygon's Strategy
- Polygon paid DeGods and y00ts to migrate using a grant, showing their aggressive partnership strategy.
- The grant's details remain undisclosed, raising questions about the long-term sustainability of these moves.
Apple's China Woes
- Apple faces supply chain disruptions in China due to worker shortages after the end of zero-COVID.
- This poses a risk to Apple's 2023 revenue, with experts predicting a potential demand crisis in China.
