Summary
TLDR: A blockchain founder called Burnt Banksy set himself on fire to celebrate a blockchain mainnet launch, sparking controversy. Crypto companies often resort to extreme marketing tactics for attention, but it may be more beneficial to focus on building lasting products. The author, not particularly interested in tech or finance, will be writing about tangential stories in the crypto space from an outsider’s perspective.
Key Points
1. The blockchain founder known as Burnt Banksy set himself on fire as a celebration for the launch of a blockchain mainnet, wearing a fire retardant suit and having a nearby fire extinguisher for safety.
2. Crypto companies have resorted to extreme marketing tactics in the past, such as a failed stunt on Mount Everest and creating a $600,000 monument of Elon Musk in goat form.
3. While flashy marketing tactics may grab attention, it’s important to focus on building a product that meets actual needs and will have longevity beyond a news cycle.