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- Bitcoin Holds at $82K, Doodles Founders Spark Controversy & Ethos Algorithm Stirs Debate
Bitcoin Holds at $82K, Doodles Founders Spark Controversy & Ethos Algorithm Stirs Debate
CwC Weekly
April 04, 2025
Daily Recaps
Ethos Platform's Credibility Algorithm Update
DIVIT's Revolutionary Web3 Licensing Solution
Bitcoin Eternals' Ambitious Ordinals Vision
NFT Marketplace Competition Analysis
Bitcoin's Resilience During Market Turbulence
Watch & Listen Now: From the controversy surrounding Ethos platform's credibility score changes to Aaron Haber's groundbreaking DIVIT licensing model for NFT royalties, this week highlighted tension between innovation and user experience in Web3. We explored Bitcoin Eternals' ambitious 44-collection Ordinals project, examined former Doodles founders' controversial new venture during DreamNet's release, and witnessed Bitcoin's remarkable resilience as it held steady around $82,676 while traditional markets suffered their worst single-day losses since 2020.
☕️ Brewing This Week
📰 Monday
Source: Divitverse on X
Ethos Credibility Crisis + DIVIT's Web3 Licensing Solution
Special Guest:
Aaron Haber - https://x.com/aaronhaber
This week, we examined the tension between innovation and user experience as the Ethos platform sparked controversy with sudden credibility score changes that frustrated many users despite intentions to improve the system.
Meanwhile, Aaron Haber introduced DIVIT, a groundbreaking licensing approach that allows NFT collections to share royalties with holders without securities concerns. This legally defensible model has already helped SDK generate significant revenue post-mint, showcasing how Apechain's collaborative ecosystem is fostering sustainable models for both creators and collectors through innovation rather than speculation alone.
💡 Tuesday
Beezie Claw Machine Pulls + Bitcoin Eternals' Vision
Special Guests:
Patrick (Polymath) - Cofounder of Bitcoin Eternals: https://x.com/PolymathPC
Mike Chavez (Good Things) - Cofounder of Bitcoin Eternals: https://x.com/Goodthings
This week's episode introduced our exciting new "Clawfee with Captain" segment powered by Beezie, featuring live blockchain-based claw machine pulls where listeners won collectible cards and memorabilia.
The main interview showcased Bitcoin Eternals founders Mike Chavez and Patrick, who revealed their ambitious vision for a 44-collection Ordinals project preserving human history on Bitcoin. Beyond just artwork, they're building a luxury brand with institutional aspirations, launching this Friday with their carefully crafted archetypal collections representing diverse human cultures. The founders emphasized their commitment to creating lasting value through both artistic excellence and meaningful community connections.
🔗 Wednesday
Source: Project 02 on X
Doodles Founders' New Project Sparks Controversy + ApeChain Mint Sell Out Instantly
The controversy surrounding former Doodles founders launching Project 02 during DreamNet's highly anticipated release dominated today's discussion. This apparent competition has raised significant questions about founder ethics in Web3, with speculation about possible internal conflicts at Doodles.
Meanwhile, ApeChain continues cementing its position as the home for NFTs, demonstrated by FreshKix selling out 1,111 pieces in just 28 seconds. The hosts also analyzed several rare CryptoPunk sales, arguing that average sale prices provide better collection valuation than floor prices, and predicted an upcoming market consolidation that will favor both established blue chips and promising new projects.
🤖 Thursday
Source: Ethos on X
Economic Uncertainty in Global Trade + Ethos Platform's New Scoring Algorithm Changes
Special Guests:
Serpin - Founder of Ethos: https://x.com/0x5f_eth
This week's episode featured a candid discussion with Serpin, founder of Ethos, who explained recent controversial changes to their on-chain reputation scoring system designed to prevent gaming and ensure genuine credibility metrics. Serpin addressed community concerns about score reductions while outlining the platform's long-term vision of becoming a universal trust layer for Web3.
The hosts also explored different perspectives on responding to economic uncertainty amid new tariff announcements, with Cap advocating for focusing on personal controllables while Steve expressed concerns about broader market impacts.
🥳 Friday
Source: Shuttershock
Bitcoin Holds Strong + Examining NFT Marketplace Dominance
This week, we witnessed a potentially significant market shift as Bitcoin and major cryptocurrencies demonstrated remarkable resilience amid global tariff tensions. While traditional markets experienced their worst single-day losses since 2020 with over $2 trillion erased, Bitcoin remained steady around $82,676, prompting discussions about a possible decoupling from TradFi correlations.
We also examined the evolving NFT marketplace landscape, where OpenSea (47%) and Blur (34%) dominate Ethereum NFT volume while Magic Eden maintains strength in Ordinals and Solana ecosystems. The episode highlighted how marketplace fees and brand loyalty significantly impact user behavior and market share in the competitive Web3 space.
🎓 Quick Take For Newcomers
Understanding Market Resilience: This week's stability of Bitcoin amid traditional market turmoil highlights an important lesson for newcomers. While stocks plummeted following tariff announcements, Bitcoin held steady around $82,676 – suggesting potential "decoupling" from traditional markets. However, don't assume this pattern is permanent. Crypto markets still respond to macroeconomic forces, though sometimes with different timing or sensitivity. The wisest approach remains diversification across asset classes, maintaining some liquid capital for opportunities, and focusing on projects with fundamental utility that can weather volatility. Remember: market psychology drives short-term prices, but innovation and adoption determine long-term value.
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Have a wonderful, wonderful weekend everybody!
DISCLAIMER: This newsletter contains information presented solely for educational purposes and should not be interpreted as financial or investment advice. Any investment decisions should be made after consulting with qualified professionals. Please be aware that I may own several digital assets discussed in this publication.